Iran attacks vessels, US base in Jordan after tankers sunk

# Analysis Iran's attacks on commercial shipping and U.S. military installations mark a dangerous escalation from proxy warfare to direct military action, threatening one of the world's most critical energy chokepoints. The targeting of ten vessels in the Strait of Hormuz—through which roughly 20% of global oil passes—creates immediate economic consequences: insurance costs for transit will spike, shipping routes may be rerouted at significant expense, and energy prices could rise if insurers and operators deem the passage too risky. The direct strike on a U.S. base also fundamentally changes the calculus of the conflict, moving beyond attacks on Iranian-aligned militias to explicit state-on-state military confrontation. Without diplomatic intervention or de-escalation measures, this cycle of tit-for-tat strikes risks triggering a broader regional war that would disrupt global trade, destabilize allies like Saudi Arabia and the UAE, and potentially draw in additional military powers.