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Oil Surges More Than 6% After Iran Launches New Missile Attack on U.S. Forces, Ending Brief Lull in Fighting
['Business Times']
Business Times : Top News
The renewed fighting marks another escalation in the confrontation between Washington and Tehran, coming as both sides weigh military and economic strategies.
The U.S. Central Command said Iranian forces launched a coordinated missile strike against American personnel stationed in Jordan.
According to the report, Trump said the United States would strike Iran hard following Tehran's latest attacks on American positions in the region.
The renewed fighting came shortly after The New York Times reported that Iranian officials believe the current balance of the conflict favors Tehran.
While military exchanges continue, senior Trump administration officials reportedly believe financial pressure may ultimately inflict greater damage on Iran than sustained airstrikes alone.