Strait of Hormuz enters danger zone again, Iran tanker attacks, oil sanctions waiver pulled, U.S. military strikes resume
The Iran conflict just moved into another escalation phase. The biggest developments came quickly. Iran attacked tankers using a route protected by the U.S. Navy. The Strait of Hormuz threat level was raised to severe. Then the U.S. revoked an oil sanctions waiver. Shortly after, CENTCOM announced the military had resumed “powerful strikes.” That combination …