The US military confirmed that a military surveillance drone had been downed with an Iranian surface-to-air missile over the Strait of Hormuz but insisted that it had not breached Iran’s airspace. “US Central Command can confirm that a US Navy Broad Area Maritime Surveillance (or BAMS-D) ISR aircraft was shot ...
World oil prices rebounded strongly Thursday after Iran shot down a US spy drone near the Strait of Hormuz, a major choke point for world crude shipments. Oil also won solid support, in tandem with global stock markets, from the US Federal Reserve signaling it could soon cut interest rates, ...
