IRGC Navy Fires Missiles at US Warships in Strait of Hormuz, US Retaliates Against Iranian Oil Tankers

Tensions in the Strait of Hormuz have escalated following an IRGC Navy missile attack on US warships, prompting a retaliatory strike by the US against Iranian oil tankers. This conflict poses a significant threat to global oil supply stability, which could lead to rising energy costs and increased volatility across global financial markets.