Key facts
- A supertanker caught fire after hitting two naval mines in the southern Strait of Hormuz.
- U.S. forces struck two Iranian rocket launchers on Larak Island.
- Iran launched ballistic missiles at two U.S. bases in Jordan, which were intercepted.
- The IRGC claimed to have shot down a U.S. MQ-9 drone over the Strait of Hormuz.
- Oil prices rose over 1% following the exchange of strikes.
- A senior Iranian source warned of a harsh response to any further U.S. attacks.
Hostilities in the Strait of Hormuz escalated as Iran reported a supertanker caught fire after hitting two naval mines in the southern lane. This incident followed U.S. strikes on two Iranian rocket launchers on Larak Island, which U.S. Central Command stated was to neutralize an 'imminent threat' of Iran preparing to launch rockets with sea mines. In retaliation, Iran launched ballistic missiles at two U.S. bases in Jordan, though Jordanian forces intercepted eight of them. The IRGC also claimed to have shot down a U.S. MQ-9 drone over the Strait of Hormuz. A senior Iranian source warned that Tehran was prepared to respond harshly to any further attack, stating conditions in the Strait of Hormuz would worsen for vessels violating Tehran's rules. The renewed tensions pushed oil prices higher, with Brent Crude rising above $90 per barrel and WTI Crude topping $85 per barrel.
