US launches strikes on Iran after tankers hit in Strait of Hormuz

Renewed conflict between the US and Iran has led to significant military exchanges and a spike in global oil prices. The US launched strikes on over 80 targets in response to tanker attacks, while Iran retaliated against US bases in Bahrain and Kuwait.
Why it matters
The direct military confrontation and subsequent rise in oil prices pose immediate risks to the global economy and regional security.
Figure caption, Fire blazes in Iran after "powerful" US strikes
The article provides a comprehensive overview of the conflict, including casualty reports and international reactions.
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