Iran Hits Gulf Ships, Oil Tops $100 as Shares Plunge

Iran targets commercial ships in the Persian Gulf and Strait of Hormuz, hitting at least three vessels with suspected drones and projectiles on Wednesday amid its war with the US and Israel. A container ship burns off Oman, forcing crew evacuation, while others strike near Ras Al-Khaimah and Dubai; the Strait shuts to most non-Iranian traffic, slashing crossings to just five daily. Read more about this...