US military attacks Iranian sites but says it does not seek escalation
🔴 Tension RisingFXStreet2026-05-07
The US military attacked Iranian sites in response to attacks on warships transiting the Strait of Hormuz, stating they do not seek escalation. President Trump warned of further action if Iran does not reach a deal soon. WTI crude oil fell 0.65% to $93.65 amid the tensions.