Iranian drones attacked Bahrain and a ship was struck near the strait

After U.S. strikes on Iranian targets, Iranian drones attacked Bahrain and a ship was hit near the strait. Bahrain hosts the U.S. Fifth Fleet, while the Strait of Hormuz remains a core artery for global energy flows. Escalation there is not only a Middle East security story; it moves through oil prices, insurance, shipping, and inflation expectations.