Live: US and Saudi Arabia launch strikes on Iraq, target Iran allies
Summary
The United States and Saudi Arabia launched air strikes in Iraq targeting Iran-backed militant groups accused of recent drone attacks. In response, Iran's Revolutionary Guards said they stopped three oil tankers in the Strait of Hormuz, while tensions in the region increased, causing oil prices to rise.Key Facts
- US and Saudi warplanes hit Iran-backed militants in Iraq after multiple drone attacks.
- The strikes targeted groups linked to Iran's Islamic Revolutionary Guard Corps (IRGC).
- Iraq’s Popular Mobilisation Forces reported several killed and wounded in the attacks.
- Iran’s Revolutionary Guards stopped three oil tankers in the Strait of Hormuz for violating warnings.
- The US military intercepted missiles launched from Iran during this period of heightened tension.
- Iran is set to receive Chinese shoulder-launched air defense missiles soon to strengthen its defenses.
- Oil prices rose by over 3% in early trading after these military events in the Middle East.
- Saudi Arabia confirmed its involvement, targeting militias connected to attacks on Saudi oil facilities.
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