Iran launches retaliatory attacks after US completes ninth night of strikes

AI Summary

The intensified conflict between the US and Iran has led to retaliatory attacks following nine nights of US strikes, causing significant disruption to traffic through the Strait of Hormuz. This has driven Brent crude oil prices up to $90 a barrel, reflecting the broader impact on energy markets.

Intensifying fighting between the United States and Iran has largely halted traffic through the Strait of Hormuz, driving the price of Brent crude to $90 a barrel.