Oil prices rise 1% after renewed Iranian attacks on UAE
Reuters
First seen Mar 11, 09:45 PM · Last updated Mar 17, 04:38 PM
Iran's aggressive posture in the region has intensified, marked by renewed attacks on the UAE and escalating threats to maritime security in the critical Strait of Hormuz. Sources report Iran has laid mines in the vital shipping lane, further jeopardizing global trade and contributing to a rise in oil prices. These actions underscore Iran's ongoing regional aggression and its significant economic implications.