Tensions continue to rise as the United States and Iran intensify their military actions against each other, with Iran launching drone and missile attacks on Bahrain and Kuwait in response to U.S. strikes. Both nations have accused one another of violating a fragile ceasefire, with recent attacks putting the interim peace agreement at further risk. The escalation includes U.S. airstrikes targeting multiple positions in Iran after the recent attacks on a commercial vessel, leading to a halt in ship evacuations through the strategically vital Strait of Hormuz. Oil prices have also begun to rise following these conflicts, as fears over shipping security mount.