US military carries out new strikes on an Iranian military site — Reuters
The US military carried out new strikes in Iran targeting a military site that posed a threat to US forces and commercial traffic in the Strait of Hormuz, Reuters reported on Wednesday.
The official said that the US military has also intercepted and shot down multiple Iranian drones that posed a similar threat. Separately,l Fars News Agency reported that three explosions were heard east of Bandar Abbas and air defences were activated for several minutes
Market reaction
Crude oil prices attract some buyers following this headline. At the time of writing, the West Texas Intermediate (WTI) is up 0.95% on the day at $88.95.
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