CATCH ME UP
US and Iran exchanged fresh strikes as fighting over the Strait of Hormuz intensified after the collapse of an interim ceasefire.
Oil prices rose above eighty six dollars a barrel as shipping traffic dropped significantly.
Iran said at least forty six people were killed in recent US strikes on Iranian infrastructure.
Iran’s retaliatory missile and drone attacks targeted Gulf states including Kuwait and Bahrain.
More context
Trump repeated claims of total control over Hormuz even as transit numbers fell and wider peace talks were paused.