Iran's Islamic Revolution Guards Corps (IRGC) announced a new wave of military operations targeting US military infrastructure across the Persian Gulf on Wednesday.
The group stated that the strikes were carried out as part of a broader escalation in the region, marking a significant intensification of hostilities in one of the world's most critical shipping corridors.
The development adds to a rapidly deteriorating security environment in the Strait of Hormuz, where the United States and Iran have already exchanged fire.
Recent Handelsavisen coverage noted that both sides have accused each other of initiating attacks, with reports indicating that Iranian forces have targeted commercial tankers with cruise missiles while the US launched air strikes against targets in Iran.
This simultaneous escalation poses severe risks to commercial transit and energy supply chains.
Market participants are closely monitoring the situation for signs of further disruption to oil flows and shipping routes.