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

Why it matters locally: While West Virginia has no coastline and is not directly involved in maritime shipping, the revocation of waivers allowing the sale of Iranian oil and subsequent military actions could impact global oil prices, which directly affects gasoline costs and the operational expenses for industries within the state.

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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.