Iran Strikes U.S. Base in Jordan With Missiles and Drones; Oil Surges 4.24% on July 13

According to Russian state news agency TASS and U.S. military statements, Iran's Islamic Revolutionary Guard Corps announced on July 13 that it had conducted missile and drone attacks on a U.S. Air Force base in Jordan, triggering fires in ammunition depots and fuel storage tanks. The Guard Corps said the operation remains ongoing and is only the first phase of its retaliation. The U.S. military confirmed on July 13 that it had completed a new airstrike against Iran on July 12, targeting dozens of objectives across multiple locations with precision-guided munitions. International crude oil prices surged on the escalating tensions; as of 11:40 a.m. on July 13, August WTI crude futures rose 4.24% to $74.45 per barrel.
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