Overview
- U.S. Central Command said it struck roughly 90 Iranian military targets along the southern coast in a series of strikes Wednesday night to degrade Iran’s ability to threaten commercial shipping in the Strait of Hormuz.
- Iran’s Islamic Revolutionary Guard Corps announced retaliatory drone and missile attacks on U.S. bases in Kuwait and Bahrain, and Gulf states reported intercepting or repelling hostile missiles and drones.
- Iranian state media and local officials reported deaths and injuries from U.S. strikes, while Tehran accused Washington of also hitting civilian infrastructure during funeral events for the late supreme guide.
- President Donald Trump declared the June cease-fire terminated but said talks may continue, and Qatar’s mediation team arrived in Tehran as the UN and regional actors urged restraint.
- Markets reacted immediately: oil prices jumped more than 5%, shipping through the Strait slowed, and analysts warn the confrontation could cause further economic and humanitarian fallout if strikes continue.