Oil prices rose on Monday after the latest escalation in the conflict between the United States and Iran deepened the breakdown of a fragile ceasefire, reviving fears of disruptions to Middle East oil supplies. The United States resumed attacks on Iran earlier this month after an interim agreement collapsed as negotiations toward a broader deal
Two U.S. service members died in Jordan on Friday after U.S. and partner forces came under attack with Iranian missiles and drones, the Pentagon said Saturday. Another American service member is missing and several more were injured in the Iranian attacks. They are the first publicly acknowledged US military deaths in the Middle East conflict
The US military has been attacking Iran for days, and although most of the attacks have occurred at night, it carried out the latest round of attacks in the middle of the day. US forces have resumed combat operations against Iran after the collapse of a shaky ceasefire following repeated setbacks and deadlocks in negotiations,
Markets were rocked on Wednesday by a major resurgence of hostilities between the United States and Iran. Oil prices soared and stocks fell as the conflict escalated again, prompting President Donald Trump to declare that the ceasefire that has been in effect since mid-April is “over.” West Texas Intermediate and Brent crude oil each rose
