Politics
US Strikes on Iranian Targets Draw Retaliation as Oil Prices Surge
September 6, 2026 at 07:28 AM
Coverage
5 reports · over 69 hours
US airstrikes on Iranian targets and oil tankers drew missile and drone retaliation this week, sending oil prices and diesel costs to new highs.
- CENTCOM announced US forces began striking Iranian Revolutionary Guard targets Tuesday, following IRGC attempts against commercial ships in the Strait of Hormuz.
- US officials said drones struck two Iranian government oil tankers anchored off Iran's coast, hitting their engine rooms in the first such attacks.
- Iran fired about 25 ballistic missiles and launched drones at US bases in Bahrain, Kuwait, and Erbil, with most intercepted, US officials said.
- Brent crude futures rose about 2 percent, and US diesel hit a record $5.85 per gallon, up 58 percent year-on-year, per the American Automobile Association.
- IAEA Director General Rafael Grossi said Iran still refuses inspectors access to more than 20 nuclear sites, including some 440 kilograms of near-weapons-grade uranium.