Iran targeted a U.S. airbase on Thursday after the U.S. military struck one of its drone operations near the Strait of Hormuz, an escalation in hostilities that dampened hopes for a peace deal and sent oil prices surging again.

Oil prices rebounded after U.S. strikes on Iranian targets near the Strait of Hormuz revived fears that the fragile path toward reopening the chokepoint could unravel.

Oil prices rose after new U.S. strikes on Iranian targets deepened uncertainty over the Strait of Hormuz crisis.

Oil price jumps after US strikes in Iran raise concerns over the fragile ceasefire, impacting global energy supplies and trade through the Strait of Hormuz

By Jana Choukeir, Enas Alashray and Phil StewartDUBAI/WASHINGTON, May 28 (Reuters) - Iran's Revolutionary Guard said on Thursday it targeted a U.S. airbase after the U.S. military…

Iran's Revolutionary Guard said on Thursday it targeted a US airbase after the US military carried out what a Washington official said were strikes targeting an Iranian drone…

DUBAI/WASHINGTON — Iran's Revolutionary Guard said on Thursday it targeted a U.S. airbase after the U.S. military carried out what a Washington off...

DUBAI — Iran’s Revolutionary Guard Corps said on Thursday they launched an attack targeting an American air base they say was the source of US strikes...

Iran's IRGC struck a US airbase after Trump dismissed a Hormuz shipping deal as fabrication. Oil markets swing while crypto's safe-haven thesis faces a test.

Iran's IRGC launched a missile strike on a US airbase near the Strait of Hormuz, escalating tensions that could ripple through oil and crypto markets.

Iran targeted a U.S. airbase on Thursday after the U.S. military struck one of its drone operations near the Strait of Hormuz, an escalation in hostilities that dampened hopes for…

Iran's IRGC struck a US air base in Kuwait after Trump dismissed a Hormuz shipping deal. Bitcoin sold off as geopolitical tensions escalated sharply.