The United States has attacked an Iranian nuclear site, prompting Iran to strike a fully-loaded oil tanker off the coast of Dubai. The conflict has led to significant market volatility, with oil prices surging to near four-year highs and global stock markets experiencing sharp declines. International efforts, including mediation by Pakistan and China, are underway to de-escalate the situation.

A Kuwaiti crude oil tanker was attacked and set ablaze off the coast of Dubai, causing damage to its hull and prompting warnings of a potential oil spill. Kuwait has attributed the incident to Iran, though no casualties were reported, with fears of an oil spill in surrounding waters.