@thepublicpowers: Here’s what you need to know about the latest escalation between the United States and Iran. On August 30, U.S. forces struck two Iranian rocket launchers on Larak Island, located in the Strait of Hormuz. U.S. officials said Iranian forces were preparing the launchers to threaten shipping in the waterway. Iran responded by launching ballistic missiles toward U.S. forces in Jordan, bringing the two countries back into direct military confrontation after several weeks of relative calm. The Strait of Hormuz remains one of the biggest concerns because roughly one-fifth of the world’s oil supply historically moves through this narrow shipping route. Commercial traffic remains heavily reduced as tensions continue. Oil markets reacted almost immediately. Brent crude moved above $90 per barrel, with renewed fears that continued fighting could disrupt oil supplies and keep pressure on gasoline, transportation and other consumer prices. One important update: claims that Iran’s Kharg Island oil hub was destroyed have NOT been confirmed. A video shared online making that claim was identified as AI-generated, and Iran says the facility remains operational. For now, tensions are rising again, negotiations remain stalled, and the world is watching the Strait of Hormuz closely. Follow @thepublicpowers for more updates as this situation develops. #OIL #IRAN #economy #breakingnews #THEPUBLICPOWERS

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