US-Iran Conflict Intensifies with Continued Strikes and Regional Impact

The United States has conducted its eleventh consecutive night of airstrikes against Iran, with the conflict's estimated cost reaching $37.5 billion. Iran has responded with attacks on military bases and a vessel in the Strait of Hormuz, a critical shipping lane. This escalation has significantly reduced maritime traffic in the Strait and pushed Brent crude oil prices above $92 a barrel, raising concerns for global trade and energy markets.