World

US Strikes Iran in Strait of Hormuz; Oil Prices Jump

Updated 2026-08-31 13:25 UTC 2 sources Negative

The U.S. resumed strikes on Iran, hitting rocket launchers on Larak Island, leading to a rise in oil prices and warnings from the UAE about Iranian retaliation.

Coverage timeline — 2 articles
Al Jazeera
Analysts say it's implausible but Iran is well-versed in adapting conventional weapons to suit its needs.
2026-08-31 13:00 UTC
The Hill
The U.S. resumed strikes on Iran on Sunday, hitting rocket launchers on Larak Island that U.S. Central Command said were ready to deploy mines into the Strait of Hormuz. The United Arab Emirates said Iran retaliated by sending drones toward the American ally. Oil prices jumped Monday morning upon th
2026-08-31 13:10 UTC
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