Iran says US must bear full responsibility for consequences of escalation
- Iran will respond decisively to any further military aggression from “the enemy"
- US and those supporting its military actions bear full responsibility for consequences of escalation
- Iran has attacked UAE’s Al Minhad air base with drones earlier today
- US military bases in Jordan were also struck in response to the attack on Larak Island
It’s a brand new week but it is the same old story between the US and Iran in the Middle East. The conflict continues to rage on with both sides exchanging military strikes once again through the weekend and today.
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As things continue to stay more heated, we are seeing oil prices jump up to start the week again. Brent crude is once again sitting above $90 with WTI crude up 2% to $85.10 currently.
You can bet that with tensions keeping high, Iran will also continue to make a showing of further disrupting traffic along the Strait of Hormuz. Even if already near a standstill, attacks on the waterway will go a long way in sending a message to the US and the world that they are still in control.
This article was written by Justin Low at investinglive.com.