Iran has launched what it describes as its most intense military operation since the conflict began, while US forces have destroyed 16 Iranian mine-laying ships and naval vessels near the Strait of Hormuz. The critical oil passage remains closed, driving global oil prices significantly higher, prompting the International Energy Agency to announce the largest strategic reserve release in history at 400 million barrels. Reports indicate Russia may be assisting Iran with drone tactics to target US and Gulf positions, despite recent diplomatic conversations between Putin and Trump.

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