Brent crude oil futures surged above $110, the highest price since May 19, on news of the alleged strike before reversing gains. The dispute follows claims that the IRGC Navy launched cruise missiles toward the Strait of Hormuz and attempted to target a US Navy Arleigh Burke-class destroyer in the northern Arabian Sea. If confirmed, the attack would have been the first US strike on Iranian soil since September 1, ending a pause of nearly seven weeks.
Tuesday, October 20, 2026
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US Official Denies Striking Iran’s Konarak Naval Base After Brent Tops $110
War1 day ago
An American government representative rejected claims that US forces targeted a military site in Iran, describing the reports as unfounded in an interview with CNN. The Iranian Navy had alleged to Al Jazeera that two projectiles hit a 35mm anti-aircraft cannon at the Konarak Naval Base on the southeastern coast early Monday, wounding two personnel. These reports specified that the attack was limited in scope and targeted a single weapon rather than a warship, though CENTCOM has not confirmed the event.
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