Oil inches closer to $100 per barrel as Iran strikes US targets in Jordan

Iran's Revolutionary Guards attacked two US destroyers and a US base in Al Azraq, Jordan with ballistic missiles, escalating the six-month-old conflict. US Secretary of State Marco Rubio warned Washington would continue striking Iranian oil tankers if Tehran attempted further attacks. The Strait of Hormuz, through which almost one-fifth of the world's oil passed before the war, remains central to rising tensions and oil market volatility.

Washington would continue to strike Iranian oil tankers if Tehran attempted further attacks on US warships.