Iran Attacks US Bases in Six Countries; Oil Hits $91

Iran fired missiles at US bases in six Gulf countries July 16–18, per ISW and CBS News. The US bombed Iran for an 11th straight night. Houthi threats forced oil tankers to turn around in the Strait of Hormuz, a key shipping route. Oil prices closed near $91 a barrel, Bloomberg reported. The shipping disruption, not fear alone, is pushing prices up.