The US and Iran have exchanged fire for two consecutive days, shattering the ceasefire that had been in place since April 8.
This latest escalation marks a significant deterioration of the situation, with both nations engaging in strikes on June 10 and June 11.
The conflict began on February 28 when US-Israeli military actions against Iran sparked a chain reaction of escalating confrontations.
Roughly one-fifth of the world's oil passes through the Strait of Hormuz, making disruptions to this region have far-reaching consequences for energy traders and consumers alike.