Tehran says Washington accountable for escalation fallout

• Tehran has vowed a firm response to any additional military action from “the enemy”.
• The United States and its military backers are fully liable for the consequences of any escalation.
• Earlier in the day, Iran launched drone strikes on the UAE’s Al Minhad air base.
• The attack on Larak Island also prompted strikes on US military installations in Jordan.

A new week has begun, but the familiar pattern of conflict between Washington and Tehran persists. Over the weekend and into Monday, the two sides continued trading military strikes.

With tensions still elevated, oil prices have risen at the start of the week. Brent crude has returned to above $90 a barrel, while WTI crude has climbed 2% to $85.10.

With tensions high, Iran is expected to keep up its disruption of traffic through the Strait of Hormuz. Despite the waterway already being nearly at a standstill, further attacks there will serve to demonstrate Tehran’s continued control to the US and the world.