Iran said it attacked U.S.-linked bases in Bahrain and Kuwait and hit two vessels in the Strait of Hormuz after renewed U.S. strikes inside Iran. The escalation comes as negotiations remain stalled over sanctions, frozen assets, uranium stockpiles and fighting involving Israel and Hezbollah.
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Iran’s Revolutionary Guards said they struck US military targets in Bahrain, Kuwait and Jordan after American attacks on Iranian sites near the Strait of Hormuz. Jordan said it intercepted five missiles, while US officials told Reuters nearly all Iranian missiles and drones were stopped.
A two-week ceasefire between Iran and the U.S. takes effect amid ongoing Israeli strikes in Lebanon. While markets rally and tanker traffic resumes in the Strait of Hormuz, Israel continues its campaign against Hezbollah, complicating prospects for lasting peace.
U.S. forces rescued the second crew member of an F-15E fighter jet shot down over Iran, completing a complex operation involving special forces and CIA deception. The injured airman was flown to Kuwait for treatment, with no U.S. casualties reported.
The conflict involving Iran has severely disrupted global oil supplies by blocking the Strait of Hormuz, a vital route for about 20% of the world’s oil shipments, with vessel traffic dropping drastically and Iran imposing tolls on passage. The International Energy Agency recommends reducing oil demand through measures like remote work and increased public transit use, but experts note challenges in changing American driving habits due to limited transit options and the cost of electric vehicles. Meanwhile, ongoing tensions have led to attacks on shipping vessels, and Iran insists on sovereignty over the strait as a condition for ending the conflict, signaling a long-term assertion of control.






