IRGC Claims Attacks on Tankers, US Destroyers in Strait of Hormuz; Oil Spikes to $110

Oil prices surged to nearly $110 per barrel, the highest since July, as the IRGC claimed attacks on eight oil tankers and two US Navy destroyers in the Strait of Hormuz, retaliating for US strikes on IRGC-linked tankers. CENTCOM denies the claims, leaving the situation unverified. The escalation threatens critical chokepoint security, with fading hopes for a quick resolution to the Middle East conflict.