Geopolitics
US military attacked 2 Iranian small boats on Monday after the IRGC tried to steal a Navy drone patrolling Hormuz, Axios reports citing sources
StockNow breaking-news AI analysis
The US military attacked two Iranian boats after an attempted drone seizure, while Saudi Arabia raised tanker transits through Hormuz amid escalating Red Sea fighting.
News detail
A US official said that Saudi had "significantly increased" the number of oil tankers its sends through the Strait, as fighting with the Houthis in the Red Sea escalates. Roughly 14mln barrels of oil are exported through the waterway daily, the official noted.
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