US military targets strategic Iranian sites in what the US Central Command says is a wave of ongoing precision strikes. AFPInfoRenewed strikes on Gulf energy assets sends crude to its highest level in months
Brent crude surpassed $90/b on Monday, reaching its highest level in months amid escalating US-Iran hostilities.
A third American service member has been confirmed killed following an Iranian strike in Jordan, raising the conflict's human toll.
Iran struck Gulf infrastructure over the weekend, causing damage to a Kuwaiti power plant, water desalination facility and oil site.
Goldman Sachs said its $100 Brent scenario is "back in play" following Iran's declaration that the Strait of Hormuz is closed.
