US launches strikes on Iran after tankers hit in Strait of Hormuz

Renewed fighting has broken out in the Gulf region, in the worst exchange of fire between the US and Iran since the two nations signed an interim deal in June. US Central Command (Centcom) said on Tuesday it had launched "powerful" strikes in response to attacks on three oil tankers in the Strait of Hormuz, hitting more than 80 targets including air defence systems, coastal radar and fast boats. On Wednesday, Iran said it had targeted US military sites in Bahrain and Kuwait in retaliation to the US attacks. Oil prices ticked up following the strikes, with a barrel of Brent crude rising by more than 3% to $76 (£56.88). Nato chief Mark Rutte described the American strikes on Iran as "absolutely necessary", speaking at the military alliance's summit in Ankara, Turkey. "I think it was absolutely necessary," Rutte said, arguing that Iran was "basically violating the ceasefire" given what "happened yesterday with ships being attacked". "I think it is totally crucial that the US forcefully [reacts]." The US also said it had revoked its temporary suspension of sanctions on Iranian oil sales. Iran's speaker Mohammad Bagher Ghalibaf accused the US of breaching their Memorandum of Understandi