US-Iran conflict intensifies: Key developments, oil price surge and impact on India
The US concluded a seven-hour series of airstrikes on Iran, targeting missile and drone sites in response to attacks on ships in the Strait of Hormuz. The US Central Command confirmed that fighter aircraft, drones, and naval vessels were involved in the operation, which included strikes on locations such as Qeshm and Hengam islands. This escalation in the US-Iran conflict has led to a surge in oil prices, impacting global markets and raising concerns for India.