War Expands as Beirut Strikes and Hormuz Blockade Roil Oil Markets

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Source: The New York Times
War Expands as Beirut Strikes and Hormuz Blockade Roil Oil Markets
Photo: The New York Times
TL;DR Summary

The Iran–U.S./Israel war widens: Israeli strikes hit Hezbollah targets in Beirut as Iran fires drones and missiles at Israel and U.S. allies; Washington temporarily lifts sanctions on Iranian oil to stabilize markets, with Brent around $112 a barrel. The Strait of Hormuz remains a critical flashpoint as the U.S. weighs options from minesweeping to naval escorts and plans to deploy additional Marines, signaling a protracted conflict with mounting regional casualties.

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