Iran launched renewed attacks on US Gulf allies on Saturday after a seventh straight night of US strikes targeting Iranian military sites, including logistics infrastructure, escalating the war one week after a fragile ceasefire agreement fell apart.
Both sides also took aim at shipping traffic, with the US saying it was enforcing a naval blockade while Iran said it targeted vessels that violated its rules on navigating the Strait of Hormuz, the vital waterway for one-fifth of the world’s oil supply.
Oil prices climbed more than four per cent on Friday to their highest level in more than a month, applying political pressure on US President Donald Trump as his Republican Party tries to hold on to power in November congressional elections.
Washington and Tehran have been testing the limits of escalation since their ceasefire agreement collapsed last week, raising the prospect of a return to all-out war.
The US military’s Central Command said it concluded its latest round of attacks by hitting surveillance sites, military logistics infrastructure, underground weapons storage and maritime capabilities.
