The US-Iran confrontation is escalating as Washington launches a sweeping new economic campaign against Tehran, while an oil tanker was struck by an unidentified projectile near the Strait of Hormuz, disabling the vessel’s engine but leaving its crew unharmed. The incident comes as Iran vows retaliation against expanded US sanctions targeting dozens of individuals, entities and vessels. Washington says the measures are designed to further isolate Iran’s economy, while Tehran warns that escalation could bring consequences. The developments are raising fresh concerns over Gulf shipping and global energy supplies.
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