Day 12 of Iran War: Oil Prices Rebound After Tuesday’s Slide; Maersk Reports Multiple Ships Stranded

On Day 12 of the US-Israel war on Iran, Israel continued its bombardment of Tehran and intensified its bombings across Lebanon. Iranian retaliatory strikes persist, as several Gulf states, including Kuwait, Qatar, Saudi Arabia, and the United Arab Emirates, report intercepting missiles and drones in their airspace.
The US military says it has destroyed 16 inactive Iranian mine-laying vessels, following a warning from US President Donald Trump of “grave consequences” if oil shipments through the Strait of Hormuz are disrupted...
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