US and Iran Exchange Direct Attacks, Two Oil Tankers Hit in Strait of Hormuz

The conflict between the United States and Iran has escalated with renewed direct attacks, leading to two oil tankers being struck in the Strait of Hormuz. This development has significant geopolitical and economic implications, particularly for global energy markets and international shipping. Iranian President Masoud Pezeshkian stated that Iran would reciprocate if the United States honored its commitments under a June interim deal to halt the conflict, while US President Donald Trump threatened further strikes.