Iran-US war latest: Oil tanker explodes after hitting mine in Strait of Hormuz, Iranian state media claims
Tensions between the US and Iran have entered a temporary pause as diplomatic negotiations continue, according to US officials. Meanwhile, an oil tanker reportedly struck a mine in the Strait of Hormuz, raising concerns about regional stability.
Why it matters
The situation in the Strait of Hormuz is a critical geopolitical flashpoint that directly impacts global oil prices and international security.
Oil prices fall as US and Iran pause their attacks for a second straight day
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