The United States said Tuesday it was striking Iranian ships capable of mining the crucial Strait of Hormuz and threatened escalation if Tehran presses ahead, as the Middle East war wreaks havoc on global oil markets. The US military posted video footage of Iranian boats blasted by missiles and other projectiles as it said it had destroyed 16 minelayers near the Strait of Hormuz, the chokepoint to the Gulf through which one-fifth of the world's oil passes.

US targets Iran mine-laying as war causes oil market havoc
The United States said Tuesday it was striking Iranian ships capable of mining the crucial Strait of Hormuz and threatened escalation if Tehran presses ahead, as the Middle East war wreaks havoc on global oil markets. The US military posted video footage of Iranian boats blasted by missiles and other projectiles as it said it had destroyed 16 minelayers near the Strait of Hormuz, the chokepoint to the Gulf through which one-fifth of the world's oil passes.

Iran Attacks “Lifeline” of Gulf States; Here’s Why Desal Plants Are Tehran’s Prime Targets Over Oil Refineries
It has happened in the past. And it is happening again. Relatively underreported, water, not oil, is fast turning out to be the most important strategic weapon in the ongoing but widening conflict involving Iran, Israel, and the United States. Desalination plants in the Middle East, which provide up to 90% of drinking water for […] The post Iran Attacks “Lifeline” of Gulf States; Here’s Why Desal Plants Are Tehran’s Prime Targets Over Oil Refineries appeared first on EURASIAN TIMES.

Iran Declares UAE Ports as Legitimate Targets Following Drone Attack
Iran's Revolutionary Guards identify UAE maritime facilities as potential military targets, escalating regional tensions. The suspension of operations at Fujairah port heightens fears of direct confrontation in a crucial oil-export route.

Israel Commits to Extended Iran Campaign; Approves Emergency $827M Budget
Israel signals an extended military campaign against Iran, citing thousands of targets yet to be addressed. The country has also approved an $827 million emergency budget for military operations, marking a strategic escalation in the conflict.

From missiles strikes to rocketing oil price: Guy Laron speaks to France 24 to analyse the economic consequences of Iran war
France 24’s Gavin Lee speaks with Guy Laron, Senior lecturer in international relations, the Hebrew University of Jerusalem, about the economic consequences of the ongoing war in Iran, from rising oil prices to how the strategic Strait of Hormuz can be used as an economic weapon.