Friday, 4 September 2026
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Euronews· Europe

Iran hits US military targets in the region as Washington probes deadly wedding strike

Oil prices again spiked this week after a few weeks of relative stability following the renewed fighting as Iran continues to maintain a stranglehold over the strategic Strait of Hormuz, responsible for roughly 20% of global oil shipping.

Published Friday, 4 September 2026 at 03:42
Oil prices again spiked this week after a few weeks of relative stability following the renewed fighting as Iran continues to maintain a stranglehold over the strategic Strait of Hormuz, responsible for roughly 20% of global oil shipping.

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