Tehran attacks tankers in Hormuz; oil prices top $80

The US and Iran have resumed military strikes, with President Trump announcing a 20% fee on ships using the Strait of Hormuz, leading to a surge in oil prices and renewed inflation concerns. Iran retaliated by attacking tankers in the Gulf.

Coverage

• Oil prices surge as Trump suggests U.S. fees on Strait of Hormuz
• Explosions heard across Iran, state media reports, after UAE oil tankers hit in Hormuz strait – Middle East crisis live
• Inflation cools to 3.5% in June in relief brought by brief US-Iran deal
• U.S. and Iran continue attacks as Trump vows to control Strait of Hormuz
• Eye Opener: Protests erupt in Maine over fatal ICE shooting
• Iran targets Bahrain and Jordan in retaliation as US strikes continue
• Oil price jumps as US-Iran clashes raise odds of interest rate rises
• Military action against Iran formally restarted last week, Trump told lawmakers
• Trump’s Plan to Charge a Toll in the Strait of Hormuz: What to Know
• U.S. oil tops $80 after Trump bombs Iran for third day, Tehran attacks tankers in Hormuz

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