U.S. strikes on Iran escalate tensions over the Strait of Hormuz, impacting Gulf allies and oil prices amid ongoing conflict.

The US military on Sunday said it had launched a new wave of attacks against Iran, after renewed fighting over the Strait of Hormuz saw several of Washington's Gulf allies…

The United States struck Iran Monday for a second day running, drawing Tehran's reprisals against US allies in the Gulf as the foes battle over the status of the strategic Strait…