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US Strikes Iran, Energy Prices Surge

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US forces launched additional strikes against Iran, targeting 80+ military sites on Tuesday after Iranian attacks on commercial vessels in the Strait of Hormuz. The Central Command said the aim was to degrade Tehran’s ability to threaten freedom of navigation.

The renewed conflict fractured a ceasefire that had opened the strait for oil traffic, sending global markets to the edge. Brent crude rose 1.2% to $78.93 in Asia, and energy majors faced a squeeze as price‑gouging accusations from President Donald Trump intensified.

Private‑equity firms TPG and Blackstone are pursuing $4 bn for Hologic’s surgical unit. The deal would clear debt and return cash from a leveraged buyout that stood as one of last year’s largest. Investors watch how the transaction reshapes capital allocation in medical technology.

Meanwhile, UK political turbulence—Keir Starmer’s resignation and the debate over a deputy prime minister’s new Downing Street office—signals potential shifts in European policy that could ripple through global markets.