Iran and US hit tankers in biggest wave of attacks on shipping since war began - Reuters

Iran and the United States engaged in a series of maritime attacks that represent the largest wave of strikes on commercial shipping since the conflict began. The confrontations took place in the strategic waters of the Strait of Hormuz, a key chokepoint for global oil transport.

Iran reported that its forces targeted ten vessels in the vicinity of the strait. The Iranian statement came after U.S. naval units sank five Iranian oil tankers, an action that Tehran described as a direct response to the American attacks.

The reciprocal strikes heightened concerns over the security of international shipping lanes and the stability of global energy supplies. Market observers noted a sharp rise in oil prices, with benchmark Brent crude futures climbing above the $100 per barrel level for the first time since July of the previous year.

The surge in Brent prices reflected heightened risk premiums among traders, who cited the potential for further disruptions to the flow of oil through the narrow waterway. Analysts warned that continued hostilities could exacerbate supply constraints and keep oil markets volatile.

Both sides have not indicated an immediate de‑escalation, and the situation remains under close watch by regional authorities and the international community, which are monitoring the impact of the attacks on maritime commerce and energy markets.