US-Iran tensions refuse to fade as fresh Strait of Hormuz attacks keep oil markets on edge

While we haven't seen things escalate further recently, it is best to be reminded that US-Iran tensions are still very much simmering beneath the surface. And the IRGC is offering a reminder of that as they claim that four vessels were hit and caught fire in the northern Gulf, while three other vessels were reportedly struck by mines west of the Strait of Hormuz overnight. Besides that, Tehran is