Iran targets U.S. airbase, oil prices tick back up as both sides exchange strikes again

hereafter of U.S., islamic republic of islamic republic of iran ceasefire in dubiousness

Iran targeted a U.S. Airbase on Thursday after the U.S. Military struck one of its drone operations near the Strait of Hormuz, an escalation in hostilities that dampened hopes for a peace deal and sent oil prices surging again.

The Islamic Revolutionary Guard Corps (IRGC) said it targeted a U.S. Base in response to what it described as an early morning U.S. Attack near Bandar Abbas airport, Tasnim news agency reported.

The IRGC did not identify the base.

But Kuwait — which hosts ⁠a large U.S. Base — said Thursday it was responding to Iranian ⁠missile and drone attacks, which its foreign ministry condemned as a serious ‌escalation and blatant ⁠violation of its sovereignty and security. The ‌ministry demanded that Iran immediately ​and unconditionally ⁠halt ⁠the ⁠attacks, ⁠saying ​it held Tehran ​fully responsible.

U.S. Officials said late Wednesday in Washington that forces launched more strikes on Iran. On Monday, the U.S. Said it had conducted what the Pentagon called "defensive" strikes on missile launch sites and mine-laying boats in southern Iran.

U.S. Forces intercepted ‌five one-way attack ​drones that were ​launched by Iran, ​and ⁠prevented ⁠a ‌sixth drone launch from an ⁠Iranian ground control ‌site in Bandar Abbas, U.S. ​Central ⁠Command (CENTCOM) ⁠said ⁠in ⁠an X ​post on Thursday.

Oil prices rebounded, with U.S. Crude ⁠futures up around three per cent after falling five per cent on Wednesday, while stocks fell and the dollar rose on fading investor confidence in a peace deal that many see as key to easing global inflation risks.

The war has killed thousands and sent global energy prices sharply higher since it began on Feb. 28 with U.S. And Israeli strikes.

Israel, which has been ‌fighting Iran-backed Hezbollah militants in southern Lebanon, also reported sounding sirens regarding hostile aircraft activity in northern Israel. The Israel military said it had carried ​out a Thursday strike ​in Lebanon's capital ​Beirut.

U.S. President Donald Trump has repeatedly said the end of the war ⁠is close but told media at a cabinet meeting on Wednesday he was not yet satisfied about a deal with Iran. He dismissed an Iranian state TV report that it had obtained an unofficial draft of an agreement to restore commercial shipping through the strait to prewar levels within a month, with Iran and Oman jointly managing traffic.

Trump ‌said no single country would have control over the waterway, and appeared to threaten Oman, a country with which the U.S. Has decades-long military and economic ties.

"It's international waters and Oman will behave just like everybody else or we'll have to blow them up," he said. "They understand that, they'll be fine."

Oman has not said anything about the idea of joint control of the strait with Iran, with which it says it has discussed freedom of navigation.

The White House and Oman's embassy in Washington did not immediately respond to a request for comment.

Tehran condemned the U.S. Attack on Bandar ​Abbas, and also expressed solidarity with Oman.

Ongoing sanctions, the dismantling of Iran's nuclear capacity and the blockage of the Strait of ⁠Hormuz, which handled one-fifth of the world's oil and liquefied natural gas traffic before the war, are the major sticking points in talks to end the three-month conflict.

The waterway ⁠is covered ⁠by international law that guarantees foreign vessels the right to pass ​through.

Meanwhile, the U.S. Treasury Department added the Persian Gulf Strait Authority, the Iranian body set up to manage passage through the strait, to a list of sanctioned people and entities seen as posing threats ​to U.S. National security.

Iran war is a 'lose-lose,' says international relations expert

Iranian state media on Thursday reported that Supreme Leader Mojtaba Khamenei sent a letter to parliament, asserting that Iran had emerged strengthened by the war and urged legislators to preserve national unity, repair damage and address hardship, inflation and corruption.

A report on Iranian state TV the previous day said any deal to restore shipping would also have the U.S. Withdraw military forces from the immediate vicinity, and that the issue of U.S. Troops in the region needed further discussion. The White House dismissed the report as a "complete fabrication." Tehran did not comment.

The Iranian TV report did not mention Iran's nuclear program, which the U.S. Wants disbanded.

Iranian sources have said talks on the nuclear issue will come in a second round of negotiations — something that may not be acceptable to some of Trump's closest supporters. Iran says its nuclear program is for peaceful purposes only.

"The bottom line is Iran's ⁠never going to have a nuclear weapon," U.S. Secretary of ‌State Marco Rubio said at the cabinet meeting.

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