Iran War Updates | Tanker Attacks Continue In Strait of Hormuz Despite Iran War De-Escalation Hopes
Despite market bets on a de-escalation in the Iran war, new evidence has emerged in recent days of strikes on tankers in the Strait of Hormuz and on energy infrastructure in the Middle East. On Tuesday, crude prices hit two-month lows after US officials downplayed the need for additional military action against Iran, with analysts noting President Donald Trump's more conciliatory tone since the Republicans' defeat in the November 3 midterm elections.
