Iranian cruise missiles hit two UAE oil tankers in Hormuz as US strikes Iran for third night – Middle East crisis live
UAE says Iranian cruise missiles hit two oil tankers in strait, killing a crew member and wounding eight
Resurgent oil and fuel prices could cement a fourth interest rate rise in Australia this year if Donald Trump’s renewed conflict with Iran is not resolved within a week, economists warn.
US missile strikes on Iran and Trump’s announcement of a new maritime blockade has lifted oil prices to their highest point in the month since the two countries agreed to a peace deal.
Source: Theguardian.com
Original source: https://www.theguardian.com/world/live/2026/jul/14/us-iran-war-live-updates-strikes-strait-of-hormuz-middle-east-crisis-trump-latest-news