US Central Command confirmed American forces struck two Iranian rocket launchers in the Strait of Hormuz in the early hours of Sunday, marking the first publicly acknowledged US attack on Iran since late July. Iran's Islamic Revolutionary Guard Corps said it had fired missiles at a US base and reported that an attack on Larak Island killed and wounded multiple people, including civilians, vowing retaliation. In markets, WTI crude gapped up nearly 2% on Monday, Brent returned to $90 per barrel, up 2.3% intraday, and spot gold gapped lower. Crypto fell broadly, with bitcoin dropping to a low of $77,000.
US Central Command has confirmed that American forces struck two Iranian rocket launchers in the Strait of Hormuz in the early hours of Sunday, Beijing time, marking the first time Washington has publicly acknowledged attacking Iran since late July.
Iran's Islamic Revolutionary Guard Corps said in a social media post in the early hours of the 31st that it had fired missiles at a US military base. It also said an attack on Larak Island caused casualties, including civilians, and that the aggression would be met with retaliation.
On the back of the news, WTI crude gapped up nearly 2% on Monday, while Brent crude climbed back above $90 a barrel, up 2.3% on the day. Spot gold gapped lower. Crypto markets fell broadly: bitcoin dropped to a low of $77,000 and was last at $77,399.02, down 1.7% over the past hour.
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