Middle East Tensions Escalate with US-Iran Shipping Clashes and Houthi Attacks
A significant escalation in the Middle East has seen Iran attack ten ships near the Strait of Hormuz, following the US sinking five Iranian oil tankers. Iran also launched ballistic missiles at a US base in Jordan. Concurrently, Houthi rebels attacked Saudi energy facilities, injuring 73 people. These actions have driven Brent crude prices above $100 a barrel.
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