CENTCOM confirms ongoing military action to curb IRGC threats to commercial shipping, as oil markets monitor geopolitical risks.
The US military conducted a 13th consecutive night of strikes against Iranian military targets, targeting the Islamic Revolutionary Guard Corps (IRGC). The operation, launched at 6:45 p.m. ET, aims to reduce threats to commercial shipping in the region, according to officials.
These strikes follow months of heightened tensions, with President Donald Trump indicating a potential larger-scale attack. Trump suggested frozen Iranian assets overseas could compensate for damages to shipping, signaling further economic pressure.
Oil markets remain sensitive to geopolitical developments, as disruptions in key shipping routes could impact global supply. WTI crude, a benchmark for US oil, is closely watched amid rising instability.