The US will control almost a third of the world’s oil and make record profits if it succeeds in toppling the Iranian government, hawkish Republican Senator Lindsey Graham told Fox News on Sunday.

A member of the US National Guard died during a medical emergency in Kuwait on March 6, the US Central Command (CENTCOM) said Sunday, marking the eighth US military death since the Iran war began.

About 10 vessels in or near the Strait of Hormuz have come under attack since Iran blocked the strategic waterway in retaliation for US-Israeli strikes, data analysis groups report.

Hezbollah said on Monday it was fighting Israeli forces who landed in eastern Lebanon by helicopter across the Syrian border, the second such operation since the outbreak of the latest conflict with Israel.

Iranian media have shared a Lego-style video touting Tehran’s purported retaliation against the US and Israel, depicting the American and Israeli leadership in a panic.

Iran launched fresh strikes on energy installations in the Gulf on Monday including a petroleum complex in Bahrain, as oil prices soared on fears over supply disruptions due to the Middle East war.

Mojtaba Khamenei, the son of the late Ayatollah Ali Khamenei, has been selected as Iran’s next supreme leader.

The surge in oil prices will not stop the US from waging its war on Iran, President Donald Trump has said, after Brent shot past $100 per barrel on Sunday, marking the biggest daily gain since the start of the Covid-19 pandemic in 2020.

The government has raised petrol and diesel prices by Rs55 per litre as global oil prices surge amid the US-Israel conflict with Iran.