US military completes 13th night of Iran strikes; oil surges over $100

According to the Khaleej Times, the United States military has completed its 13th consecutive night of strikes against targets linked to Iran in the Gulf region. This ongoing military campaign comes as fears of a wider regional escalation continue to mount, with both nations engaging in a series of tit-for-tat actions that have significantly heightened tensions across the Middle East.

The sustained military activity has had an immediate impact on global energy markets. Following the latest reports of the strikes, oil prices surged to $100 per barrel for the first time since May. Analysts suggest that the volatility is driven by concerns over potential disruptions to critical shipping lanes and the broader economic instability caused by the deepening conflict.

The situation remains fluid as international observers monitor the potential for further escalation. The Houthi attacks in the region have already raised alarms regarding global economic damage, and the latest military developments appear to be intensifying these concerns. As the US and Iran continue to trade strikes, the international community is bracing for the possibility of a prolonged period of instability that could further impact global trade and energy security.