U.S.-Iran hostilities are escalating again as President Trump weighs possible retaliation targeting Iranโs Kharg Island, a crucial oil-export hub in the Strait of Hormuz. Follow the latest Iran news today as the conflict risks widening across the Middle East,โฆ
Oil prices rose more than 3% on Monday.
U.S. West Texas Intermediate crude was up $2.91, or 3.49%, to $86.31.
U.S. forces struck two launchers on Iran's Larak Island in the Strait of Hormuz on Sundโฆ [+1330 chars]
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