Iraq Khamenei Funeral

The U.S. has launched strikes on Iran and revoked a license authorizing the sale of Iranian oil in retaliation for what it said were Tehran’s attacks on ships in the Strait of Hormuz. Iran hit back with strikes on Bahrain and Kuwait. The crossfire Wednesday raised the risk that an interim agreement to halt fighting in the war could break down and drag the Middle East again into a wider conflict. It also threatened efforts to resume fuel shipments in the strait that are crucial to the global economy. Oil prices rose. The attacks on shipping and the resulting strikes came during the dayslong funeral for Iran’s Supreme Leader Ayatollah Ali Khamenei. He was killed Feb. 28 in the war’s first moments.