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US strikes Iranian oil tankers as Tehran targets American base in Jordan

Oil prices edged closer to $100 a barrel after an escalation in the tit-for-tat strikes between the US and Iran.

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US forces struck five Iranian oil tankers on Tuesday, sinking one, after Tehran twice targeted an American warship. The attacks hit four tankers in the Gulf of Oman linked to Iran’s Revolutionary Guards Corps and a fifth near Kharg Island, a major oil terminal off Iran’s coast. The strikes were carried out by US Central Command in response to the earlier threats.

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