The US used three Corsair unmanned suicide drone boats to strike Iran's Bandar Abbas naval port, marking the first operational deployment of this asset.
Gold prices have fallen below $4,000 per ounce, while Brent crude oil has surpassed $80 following the US's reimposition of a blockade on Iranian seaports.
The United States launched attacks against Iranian targets for a third consecutive night, marking an escalating conflict even as President Trump indicated a deal could still be reached.
Iran announced it fired 'warning shots' at two vessels attempting to cross the Strait of Hormuz, as clashes between Tehran and Washington reignite in the strategic waterway.
The US defense secretary declared Tehran "must pay the price for bad choices" after the Pentagon launched its latest series of airstrikes against Iran.
Iran's Islamic Revolutionary Guard Corps (IRGC) Navy announced the closure of the Strait of Hormuz "until further notice" after firing warning shots at a commercial vessel.