U.S. Military Conducts New Strikes Following Iran's Actions Against Tankers

Why it matters locally: Oregon, like other states, could see an impact on gasoline prices due to the potential for disruptions to the global oil supply that these actions and the revoked waiver might cause.

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The United States military initiated new strikes against Iran. These military actions occurred after Iran attacked three commercial vessels. The vessels were transiting through the Strait of Hormuz when the incidents took place. Simultaneously, the Trump administration revoked a key waiver. This waiver had previously permitted the sale of Iranian oil. Geoff Bennett and maritime security expert Ian Ralby discussed the potential effects these developments could have on the global oil supply.