Iran-US tanker attacks mark largest naval escalation since war start; crude tops $100

Iran and the US have attacked tankers in the biggest naval escalation since the conflict began, with Tehran expanding maritime restrictions beyond the Strait of Hormuz. A new wave of retaliation hit ships and military facilities, pushing crude oil back above $100. The scope of restrictions and the extent of damage remain unclear, but the escalation threatens Gulf shipping lanes and global energy supply.