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Oil rises after Iran says U.S. violated ceasefire with attacks on Iranian boats and installations, and vows retaliation

Oil prices rise as  Iran says that the United States violated  ceasefire by launching attacks on Iranian boats and installations. Iran's central military command described these actions as a "grave violation" of the ceasefire agreement in the ongoing Middle East conflict. In response, Iran has vowed retaliation, escalating tensions in a region critical to global oil supply.

The Iranian Foreign Ministry stated on Tuesday that Washington's true intentions have once again been revealed, emphasizing that any act of aggression will not go unanswered.

"The execution of these hostile actions, occurring alongside the ongoing diplomatic efforts facilitated by Pakistan, has once again exposed the ill intentions and bad faith of the United States' leadership to the Iranian people, the regional populations, and the global community."

The statement did not provide specific details about the violations, but Iranian news outlets reported hearing explosion-like sounds overnight in coastal areas east of Bandar Abbas, near Sirik and Jask.

CENTCOM spokesperson Timothy Hawkins confirmed that U.S. forces carried out strikes in southern Iran on Monday, describing them as "self-defense strikes" aimed at "missile launch sites and Iranian boats attempting to deploy mines" near the strategically important port city of Bandar Abbas.