US destroys five Iranian tankers in Persian Gulf; Russia, Ukraine trade drone strikes
The US military reports the destruction of five Iranian tankers in Persian Gulf waters, a significant escalation in maritime conflict. Concurrently, Russian drones struck Kharkiv and the Kyiv region, while Ukrainian drones targeted Novorossiysk, indicating continued mutual strikes. The report also notes record poll support for Portugal's right-wing Chega party, whose leader congratulated AfD's victory in Saxony-Anhalt, but the primary market-relevant development is the tanker destruction.
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US-Iran Direct Military Exchange Escalates, Targeting Tankers and Regional Bases
Direct military conflict between the US and Iran has escalated significantly, moving beyond proxy engagements to state-on-state strikes. US forces reportedly destroyed five Iranian tankers in the Strait of Hormuz and Gulf of Oman following an IRGC missile attack on a US Navy warship. Iran has retaliated with rocket and missile attacks on US bases in Jordan and on vessels off Kuwait and Bahrain, while also seizing a US drone in the Strait of Hormuz.