War on Shipping
Dubai: The ongoing conflict between the US and Iran, which has persisted for six months, is taking a dangerous turn. Both nations are engaging in indiscriminate retaliatory attacks on commercial vessels in the Strait of Hormuz. Disregarding international maritime trade regulations, they are destroying oil, gas, and container ships. Consequently, crude oil prices in the international market have surged once again; the price of Brent crude crossed $100 per barrel on Wednesday.
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