Framing Analysis
US forces conducted strikes on Sunday while Iran attacked a commercial ship in the Strait of Hormuz, according to CNA reporting. The vessel caught fire and its crew abandoned ship; Iran's Revolutionary Guards threatened to close the strait, while CENTCOM stated it remained open with approximately 20 escorted transits. Oil prices rose more than 4 percent on July 13, with Brent crude reaching $79.11 per barrel and Asian share markets declining.