The U.S. Central Command authorized the earlier military action after accusing Iranian forces of orchestrating targeted attacks against three commercial tankers navigating the strategic waterway. Washington escalated the pressure further by revoking Iran's oil export licenses, a move that triggered an immediate 3% spike in global crude prices.
Tehran has rejected the sanctions, reaffirming its strategic authority over the Strait of Hormuz and warning of severe consequences for regional stability. With peace negotiations effectively stalled, the exchange of fire marks a shift from economic pressure to direct military confrontation between the two powers.




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