Diplomacy is stalling and missiles are flying. The US has just carried out its 11th straight night of strikes on Iran, with oil prices soaring and a critical ceasefire deal in tatters.

So, things in the Middle East have taken another dramatic turn — and not in a good way.

As reported by cbinews.tv, the US military has confirmed it completed an 11th consecutive night of strikes on Iran in the early hours of Wednesday. According to US Central Command, the latest targets were aircraft hangars and drone storage sites, and it comes right after President Donald Trump warned that strikes would be intensifying.

The timing is telling. Just before the latest barrage, Iran’s Interior Minister Eskandar Momeni had popped up in Pakistan — which has been acting as a key mediator — in a last-ditch attempt to salvage an interim ceasefire deal that has now completely collapsed.

But hopes for a breakthrough are fading fast. Speaking from the Oval Office on Tuesday, Trump was pretty blunt, saying the US had “no interest in meeting.” He also hinted that US forces could soon hit an area close to one of Iran’s main uranium enrichment sites.

What started as a ceasefire negotiation has now morphed into a full-blown battle for control of the Strait of Hormuz — that narrow waterway the world’s energy supply depends on. With talks stalled and shipping largely disrupted, both sides seem to be trying to gain leverage by targeting civilian infrastructure that millions rely on.

And it’s not working, at least not yet. Despite the onslaught, Iran still has a grip on the Strait, through which about a fifth of the world’s crude oil and natural gas was shipped before the war began.

Overnight, Iranian air defences were activated near Tehran as US strikes continued. On the other side, Iran attacked a tanker in the Strait, forcing its crew to abandon ship, and kept up attacks against US allies in the region — with sirens blaring across Bahrain and Kuwait to warn of incoming projectiles.

The fallout is already hitting your wallet. Energy prices have shot up, with the international crude benchmark trading above $92 a barrel on Wednesday and regular petrol in the US climbing to an average of $4 a gallon.

Credit: cbinews.tv

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