Iran targets Gulf energy sites

Kuwait Petroleum Corporation reported that several refinery units were set ablaze, though no immediate casualties were confirmed.

Iran has also introduced a new toll system for ships passing through the Strait of Hormuz, demanding payment in yuan to bypass Western sanctions.

Over 40 countries met virtually this week to discuss ways to reopen the waterway, which remains largely shuttered.

The ongoing blockade and strikes have caused global food and energy prices to spike as supply chains collapse.