Heavy Israeli airstrikes have targeted Tehran, causing significant disruption to shipping routes in the Strait of Hormuz, leading to a surge in global oil prices above $100 per barrel. Iran’s new Supreme Leader Mojtaba Khamenei vowed to continue attacks on US and Israeli interests unless military bases in the region are closed. In retaliation, Iran has launched drone and missile strikes against Gulf nations, prompting evacuations and heightened tensions in the region.
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