Framing Analysis
U.S. Central Command carried out a seven-hour operation of strikes on Iranian missile, drone, naval and coastal defense facilities near the Strait of Hormuz late Tuesday, following a naval blockade earlier that day. Iran had attacked seven commercial vessels in the prior week, resulting in roughly a dozen crew members dead, missing or injured. West Texas Intermediate futures rose 1.01% to $80.14 per barrel and Brent futures rose 1.23% to $85.77.