Iran retaliates against U.S. allies, sending oil prices higher

Iran launched attacks on U.S. allies in the Gulf following American airstrikes that reportedly killed four people at a wedding. The escalation has pushed Brent crude oil prices to around $95 a barrel, up more than 30% since the war began. The conflict has strained U.S. military resources and raised concerns of a full-scale war.
Related stories
Brent crude hits $93 per barrel, up 36% year over year · Personal finance
Brent crude rises above $94 a barrel, up 37% from a year ago · Global trade
This summary is AI-generated and original to Mobble; the linked article is the authoritative source.
Original headline: “Iran fires on U.S. allies in Gulf after night of American strikes it claims killed four at a wedding.” Browse more stories.