Iran fired ballistic missiles at a US air base in Jordan on Tuesday and the United States attacked Iranian targets for five hours in a battle for control of the Strait of Hormuz that has pushed up oil prices to four-week highs.
US forces launched waves of attacks for the third successive night after Iran said on Saturday it was closing the strait, prompting US President Donald Trump to reinstate a blockade of Iranian shipping and propose charging a 20% fee to guard the vital waterway.
The strikes have increased doubts that a memorandum of understanding (MoU) signed last month will lead to a permanent halt in the war, which has disrupted global energy supplies and raised fears of a rise in inflation across the world.
Regional analysts said the hostilities remained within controlled boundaries for now, with both sides seeking leverage for an eventual peace deal, but that there
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