Aug. 12 (UPI) — President Donald Trump confirmed he was smuggled off Air Force One and secretly boarded onto a different aircraft before departing the NATO Summit in Turkey for a flight to a British air base in July, amid a possible threat on his life.
Speaking to reporters at Joint Base Andrews in Maryland on Tuesday night, Trump said the decision to make the switch in Ankara was made by the “Secret Service and the military.”
“I go by Secret Service and the military. They wanted me to go in a different flight, different plane. I just have to do what they say,” he said.
NBC News said it had confirmation of reports that after apparently boarding Air Force One as normal, Trump was moved, secreted in a catering truck, to an unmarked VIP transport aircraft for the first leg of the July 8 flight back to the United States, via RAF Mildenhall.
Secretary of State Marco Rubio and Treasury Secretary Scott Bessent remained on board and the press corps accompanying Trump and most White House staffers flew the leg on Air Force One unaware that Trump was not present, but Trump dismissed questions over whether leaving them aboard the decoy aircraft may have placed them in harm’s way.
“I think actually the plane that I flew on was at greater risk. I think it was at greater risk because that would be the plane I think that they would be more likely to go for,” said Trump, without saying why that might be the case.
Trump said he didn’t delve too much into the threat but he said he was “not surprised” he had been targeted, saying it was an occupational hazard for any president who was getting results.
“Any consequential president has a lot of threats,” he said.
NBC said it had been told by a U.S. official the switch was due to credible intelligence of an Iranian threat to kill Trump, possibly using a shoulder-fired missile launcher to attack Air Force One as it departed Ankara.
Other reports said U.S. intelligence had information of a person with a shoulder-fired missile launcher seen near where the summit was being held.
“As the president has said recently, there are many enemies of America who have their sights on him, and we use every tool at our disposal to address those threats,” the White House said in a statement to ABC News.
Trump said at the time he would take the original Air Force One and not the new one provided by Qatar because he was sending it to Mildenhall for U.S. service members to tour.
However, the sequence of events was that Trump boarded Air Force One in view of the cameras in Ankara, clandestinely switched to the C-32 carrying Defense Secretary Pete Hegseth for the flight to Britain. Once on the ground at Mildenhall, the maneuver was reversed and Trump emerged from Air Force One as if he’d been aboard the whole time.
Administration officials, even Hegseth, reportedly were unaware of the ruse until afterward.
Trump subsequently switched onto the new Qatari-gifted “Air Force One” for the rest of the flight back to Washington.
President Donald Trump hosts Olympic and Paralympic medal-winning athletes during a reception for Team USA in the East Room of the White House on Thursday. The reception honored the team’s medal achievements during this year’s Winter Games, where American athletes earned 57 total medals, including 25 gold. Photo by Aaron Schwartz/UPI | License Photo
The U.S. military announced its blockade has turned away another 20 vessels, U.S. Central Command said Sunday. File Photo by EPA
Aug. 10 (UPI) — The U.S. military said it blocked an additional 20 ships from reaching or leaving Iran’s ports, as prospects for a resumption of negotiations on ending the war look bleak.
U.S. Central Command announced in a statement Sunday that its blockade has redirected 55 commercial vessels, up from 35 on Aug. 2. It has also disabled two vessels and boarded two others.
The U.S. military resumed its blockade of Iran’s ports on July 14 amid a resumption in fighting between Washington and Tehran over control of the Strait of Hormuz.
The United States is seeking to regain freedom of navigation of the vital energy trade route that Iran has claimed control of since the war between the two erupted in late February.
The Trump administration has said a restoration in a freedom of navigation is necessary for negotiations on ending the war to enter the next phase focused on Iran’s nuclear program. However, Iran is fighting to maintain control of the strait that it seized.
Iranian Foreign Minister Abbas Aragchi told reporters Sunday that while intermediaries were in contact concerning negotiations, no talks would be resumed until the United States ended what he called violations of a June memorandum, the semi-official Tasnim News Agency reported.
The June memorandum of understanding sought to lay the foundation toward end-of-war talks but differences over control of the Strait of Hormuz opened a new chapter in the war. The United States has been enforcing its blockade of Iran’s ports to coerce it to open the strait.
Aragchi said that while Iran was not in negotiations with the United States, talks were underway with Oman on establishing new maritime routes through the Strait of Hormuz.
The foreign minister’s remarks came as U.S. President Donald Trump told Axios that the United States was willing to allow the economic pressure of its blockade to further weigh on Iran’s economy rather than ordering new attacks.
“We are low-keying it,” he said, while stating, “We are only semi-negotiating with them. We are just watching Iran with its huge inflation and the they fact that have no money.”
President Donald Trump hosts Olympic and Paralympic medal-winning athletes during a reception for Team USA in the East Room of the White House on Thursday. The reception honored the team’s medal achievements during this year’s Winter Games, where American athletes earned 57 total medals, including 25 gold. Photo by Aaron Schwartz/UPI | License Photo
Aug. 7 (UPI) — The Trump administration on Friday sanctioned a multinational network of crypto exchanges that authorities say Iran has been using to launder billions of dollars to fund its military.
The sanctions target United Arab Emirates-based Shelbit Exchange, which authorities say has been laundering money by running it through a large gambling website on behalf of the Iranian government.
The move comes as retaliation for Iranian attacks again commercial vessels in the Strait of Hormuz this week, State Department officials said.
Treasury officials said Iran uses a sprawling network of corporate entities to obscure the origin of the funds and launder money to benefit the Islamic Revolutionary Guard Corps.
“The Iranian regime’s reliance on digital assets and shadow banking networks is further evidence that Economic Fury is working,” said Treasury Secretary Scott Bessent, in a statement, referencing the government’s operations to target Iran’s funding network.
The executive who runs the operations, Iran-born expatriate Siavash Kayvanpour, has also been sanctioned.
Kayvanpour’s network of crypto exchanges allegedly includes operations in the Republic of Georgia and Poland, as well as other outfits in the UAE.
The U.S. is also sanctioning Aban Tether, an Iran-based crypto exchange, for processing Iranian assets through Nobitex, Wallex, Bitpin and Ramzinex.
“We will continue to increase the economic pressure,” Bessent said in a statement. “Whether in dollars, rials, or crypto, Treasury will hunt down and dismantle the illicit financial networks that keep the regime afloat.”
“We’re going to beat the fucking shit out of them,” Fox News reporter Troy Yingst says the president told him this morning, referring to Iran. “We’ll be hitting them hard. They’re going to get a beating.”
Yingst also said Trump told him that “U.S. forces had just minutes to shoot down these incoming Iranian ballistic missiles. The president says he has reviewed video of the shootdown, and it was U.S. forces conducting this operation to defend that area. He said it was real time; they were calling out coordinates and ensuring that none of this incoming Iranian fire got through.”
“In terms of possible talks with the Iranian regime, the president says ‘we’re going to let them keep talking,’” Yingst added. “…those talks are taking place as we speak behind the scenes.”
“We’re going to beat the fuc*ing sh*t out of them,” President Trump told Fox News after Iran launched a surprise attack against U.S. forces. “We’ll be hitting them hard.”
The President says U.S. strikes overnight against Iran-backed militias in Iraq were coordinated with the… pic.twitter.com/AeLbEGFCFi
On Tuesday, the Islamic Revolutionary Guard Corps (IRGC) “launched multiple ballistic missiles from Iran in an attempted surprise attack on U.S. forces based in the Middle East,” U.S. Central Command stated on X. “All Iranian missiles were successfully intercepted. U.S. forces remain vigilant and at a high state of readiness.”
The attack began at 5:45 p.m. ET, according to CENTCOM.
At 5:45 p.m. ET today, Islamic Revolutionary Guard Corps forces launched multiple ballistic missiles from Iran in an attempted surprise attack on U.S. forces based in the Middle East. All Iranian missiles were successfully intercepted. U.S. forces remain vigilant and at a high…
Trump also addressed the combined U.S.-Saudi strike on Iraqi militias linked to the Islamic Revolutionary Guard Corps (IRGC). The action appears to marke the first publicly known instance of the U.S. and Saudi Arabia joining forces to carry out attacks in this conflict.
The president “says those strikes were coordinated with the Iraqi government,” Yingst explained. “He called these Iran-backed militias a cancer on the world, and says he is considering additional warnings against Iranian proxies and their link to the Iranian regime.”
Hours before Trump spoke with Yingst, Iraqi militia groups condemned the action.
Harakat al-Nujaba (HaN), an armed group in the Popular Mobilization Forces (PMF), said those would be avenged, Al Jazeera reported. The PMF said at least 20 of its members were killed and 32 wounded in the U.S.-Saudi airstrikes, which took place across Iraq.
In a statement, HaN demanded the expulsion of U.S. forces from the country, saying their continued presence “has become an imminent threat to the country’s security and stability,” the outlet added. The group also called for an end to cooperation with Saudi Arabia and for the deployment of advanced air defense systems and threatened retaliatory attacks against U.S. and Saudi interests.
Prominent Iran-backed Iraqi Shia militia Al-Nujaba says it will not allow the U.S. and Saudi Arabia “to defile Iraqi soil without exacting a heavy price from them,” following joint U.S.-Saudi strikes on Iran-backed militias in Iraq overnight. https://t.co/r9euaiH60u
— Ariel Oseran أريئل أوسيران (@ariel_oseran) July 29, 2026
Meanwhile, influential Iraqi cleric Muqtada al-Sadr urged the IRGC and allied armed groups to stop launching attacks from Iraq.
“Since this holy land was not a launching point for bombing the Islamic Republic, then our brothers in the Revolutionary Guard must not bomb our independent and holy lands,” al-Sadr posted on X. “Likewise, the rogue militias must not give our brothers in the Gulf Arab states a pretext to target our holy land.”
“Everyone must embrace the spirit of brotherhood and peace and not be drawn into the schemes of the Zionist-American enemy to drag brothers into fighting and conflict,” the cleric added. “While I condemn the targeting of the holy Iraqi lands by all countries and parties, and I condemn the shameless actions of the militias to drag Iraq into a pointless war, I call upon the Iraqi government to establish security, enforce sovereignty, and work diligently for the safety of the Iraqi people and their holy sites, and not to be drawn into the abhorrent sectarian myths.”
CENTCOM on Tuesday said its forces, along with the Saudi Arabian Armed Forces, “conducted precision strikes in Iraq, July 28, against Iran-aligned terrorists that the Islamic Revolutionary Guard Corps (IRGC) directed to attack U.S. forces and Saudi energy infrastructure.”
“U.S. and Saudi fighter aircraft struck multiple terrorist logistics and weapons sites across eastern Iraq in a strong response to over 30 IRGC-directed aerial drone attacks in the last 72 hours. The unwarranted attacks against U.S. forces were not successful,” CENTCOM added. “From February through April 2026, there were more than 600 attempted attacks on U.S. citizens and facilities by Iran-aligned terrorist militias in Iraq. The IRGC and its terrorist proxies must cease these attacks to avoid further U.S. military response.”
A U.S. official told TWZ Tuesday night that the combined U.S.-Saudi attacks came after the Iranian barrage.
“To be clear, the IRGC-directed attacks at our forces and our Saudi partners since over the weekend came without any provocation,” the official added. “This is a clear message that we will not let those attempts go unanswered.”
An A-10 Thunderbolt II close attack jet depicted on CENTCOM’s X announcement of joint U.S.-Saudi strikes on IRGC-connected groups in Iraq. (CENTCOM)
U.S. troops are adding to the danger they face by posting cellphone videos of attacks online, CENTCOM commander Adm. Cooper warned, according to Reuters. The command is also considering having some personnel surrender their phones, the outlet added.
Cooper, in a previously unreported letter, “said Iran was benefiting from being able to see the success or failure of its strikes in near real-time by searching news reports or online posts by journalists referencing ‘reactions, photos, and footage from the cellphones of our troops,’” Reuters stated.
The CENTCOM commander appeared to reference the following video in his letter, Reuters suggested.
“The direct, unavoidable cost of this open-source intelligence could be measured in the lives of American service members and civilian residents in targeted Gulf countries,” Cooper wrote in his July 28 letter, a copy of which was obtained by Reuters.
He called on troops to “redouble our focus on operational security,” without prescribing specific steps in the memo,” the news organization further noted.
“Admiral Cooper’s top priority is the well-being and protection of over 50,000 American service members operating in the Middle East,” CENTCOM spokesman Navy Capt. Tim Hawkins told TWZ in response to our questions about the letter. “His guidance to troops about operational security reinforces this priority.”
Cooper’s letter follows moves by U.S. satellite companies like Vantor and Planet Labs to delay posting imagery from the region out of similar concerns about operational security.
Cooper’s memo underscores the mounting tensions between real-time news reporting on the war, often aided by satellite imagery and first-person accounts, and the desire by the U.S. military to restrict any information that could aid Iran as it tries to kill and wound U.S.… https://t.co/0OBN2o1rtg
“The Houthis were looking into imposing fees on most traffic through the narrow Bab el-Mandeb [BAM] gateway,” Reuters noted, citing sources. The narrow waterway, between Yemen and Djibouti, links the Red Sea to the Gulf of Aden. “No timeframe was given at this stage for implementation,” the sources added.
The Houthis’ media office did not respond to a request for comment.
July 29 (Reuters) – Yemen’s Houthi group is considering imposing fees on commercial ships sailing through the southern Red Sea, a week after declaring a naval blockade on Saudi Arabia, regional sources with knowledge of the matter told Reuters.
As we have frequently detailed, Houthi actions in the BAM threaten to add far greater pressure on oil exports from the Middle East, already drastically affected by the Iranian closure of the Strait of Hormuz and the resumption of the U.S. blockade on Iranian ports. The Yemeni rebel group has already expanded its target set, hitting oil terminals and infrastructure Saudi Arabia is using to pump supplies to tankers in the Red Sea. The kingdom has diverted millions of barrels of oil per day through pipelines to its Yanbu port on the Red Sea in an effort to minimize the energy shortages due to the hostilities in the Persian Gulf. Even with the BAM closed, oil exports could still head to the West, via the Suez Canal. But if the infrastructure used to convey these energy products is put out of action, the consequences could be even more severe, with far less or even no energy supplies from Saudi Arabia moving out of the Red Sea. The closing of the BAM, and the possible imposition of tolls, also raises the specter of the U.S. having to get as involved as it did during the previous Houthi campaign against shipping that ended last September, which could pull resources away from Iranian-focused operations.
Bab al-Mandeb Strait. (Google Earth)
Despite the increased risks, transits through both straits are trending upward, according to the Kpler risk management firm.
“Daily monitoring shows stronger transit volumes across the Strait of Hormuz and Bab el-Mandeb, with 12 and 41 confirmed crossings respectively on 28 July,” Kpler noted on X. “Yet higher traffic should not be mistaken for lower risk. Hormuz routing remains concentrated outside traditional traffic separation patterns, while Bab el-Mandeb continues to present elevated operational and compliance challenges through dark transits, sanctioned vessels and shadow fleet movements.”
“With 62 confirmed maritime security incidents recorded by the IMO as of 27 July and geopolitical tensions still unresolved, vessel behavior remains a more meaningful indicator than crossing volumes alone,” Kpler added. “For operators and markets alike, transparency, routing choices and emerging disruptions remain the key signals to watch over the coming days.”
Traffic rises, risks persist
Daily monitoring shows stronger transit volumes across the Strait of Hormuz and Bab el-Mandeb, with 12 and 41 confirmed crossings respectively on 28 July. Yet higher traffic should not be mistaken for lower risk. Hormuz routing remains concentrated… pic.twitter.com/fwUxZyUaf8
In the wake of new fighting in the region and threat of Houthi tolls on the BAM, oil prices are once again trending upward. The per barrel price of Brent Crude has risen to nearly $90, according to OilPrice.com. It had fallen to just over $83 per barrel yesterday when the pause in hostilities was still holding.
As we have previously noted, the U.S. and Iran had stopped firing at each other late last week, leading to a pause after 13 straight days of continuous tit-for-tat operations. U.S. President Donald Trump hadn’t ordered a U.S. strike on Iranian territory since last Thursday. This was ostensibly to give another round of diplomacy a chance. However, lingering concerns over the supply of munitions, especially air defense interceptors, reportedly played a role in Trump’s thinking.
The U.S. has burned through hundreds of Terminal High Altitude Area Defense (THAAD) and Patriot interceptors since a shaky ceasefire went into effect on April 8, according to the Center for Strategic and International Studies (CSIS) latest assessment. CSIS was updating a previous analysis of munitions expenditures during Epic Fury that you can read more about here.
According to CSIS, the U.S. had about 2,300 Patriot interceptors in its inventories before Epic Fury, 1,030 by the time the ceasefire was agreed to and between 759 and 827 as of July 27.
As for THAADs, there were 452 interceptors in the U.S. inventory before Epic Fury, between 232 and 262 on the date of the ceasefire and between 234 and 278 as of July 27.
The report authors noted that “[e]stimated inventories today account for additional interceptor use and new deliveries since the April 8 ceasefire. THAAD deliveries during the ceasefire outpaced estimated use over the same period, resulting in higher inventories today than in April. Patriot calculations include the latest MSE variant and PAC-3s. Several hundred PAC-2s, not represented in the chart, are estimated to remain in the U.S. inventory.”
New estimates of American Patriot PAC-3 and THAAD anti-ballistic missile interceptor stockpiles in American inventory from CSIS.
The lack of sufficient magazine depth is an issue that TWZ has raised frequently for years, and especially in regard to America’s air and missile defenses, in particular. In fact, we laid out in detail these exact concerns and how they would be a major issue in war with Iran just prior to the conflict starting in a feature you can read in full here.
Given Trump’s threat against Iran today, those concerns may be set aside out of a need to respond to the ballistic missile attack. The coming hours should give us a better picture of how all this will develop.
One of the ships was a U.S.-owned and operated, Marshall Islands-flagged liquefied natural gas (LNG) floating storage facility and the other was a Greek-owned and operated, Bermuda-flagged LNG tanker, Ambrey stated.
“Reportedly, the incident occurred during LNG discharge operations, with the strike causing a fire on board” the floating LNG storage facility, Ambrey said in an alert. “Ambrey was aware that a second vessel reportedly experienced a fire in connection with the incident. AIS data indicated that the vessel was subsequently towed by two tugs to a position 2.9 NM northeast of the port, accompanied by a fire-fighting vessel.”
The security firm added that it “was aware that the crew had been evacuated and that the fire had subsequently been brought under control. At the time of writing, no party had claimed responsibility. No casualties, damage to port infrastructure or pollution had been reported in connection with the incident.”
After being struck by a drone and experiencing a fire, the Greek-owned and operated Bermuda-flagged LNG tanker “departed and anchored in a position approximately 10.2 NM northwest of the port,” Ambrey noted.
A maritime security specialist told us that the U.S.-owned and operated, Marshall Islands-flagged floating gas storage facility was the Energos Winter while the other ship was the Gaslog Salem.
Fire involving two LNG vessels disrupts Damietta terminal
A fire involving the Energos Winter floating storage and regasification unit and the LNG carrier GasLog Salem has disrupted activity at Egypt’s Damietta LNG terminal. Following the incident, both vessels were moved… pic.twitter.com/3weeuJ4YvS
TWZ cannot confirm claims about the drone attacks, however, NASA FIRMS shows two thermal anomalies within the port limits near the vessels’ berths.
NASA FIRMS
Video emerging from the scene shows what is purported to be smoke wafting from the Energos Winter after the attack.
A drone struck the U.S.-owned floating gas storage tanker Energos Winter while it was unloading cargo at Egypt’s Damietta Port, sparking a fire that spread to a second vessel, GasLog Salem. The crews were evacuated, the fire was brought under control, and no injuries were… pic.twitter.com/JwyNSywv8t
Asked during a press conference whether Iran was behind the drone attack on Egyptian port, Trump said “it’s a little more of the same, but it’s going to be straightening out, it’s going to be straightening out. But in the meantime, we are going to be hitting them very hard, because it is our turn to hit ’em. They know it’s coming, they are asking us not to do it.”
“We’re going to hit them very hard.”
President Trump warns adversaries that the U.S. is prepared to respond forcefully following a drone attack on an LNG tanker off the coast of Egypt.
Trump signaled that retaliation is imminent despite requests from adversaries to hold back.… pic.twitter.com/SMOUuj5qGT
As promised by Trump, the U.S. is hitting Iran tonight.
“U.S. forces began launching strikes against Iran at 8 p.m. ET today,” CENTCOM announced on X. “The strikes are a powerful response to yesterday’s attempted Iranian attacks on U.S. forces based in the Middle East.”
U.S. forces began launching strikes against Iran at 8 p.m. ET today. The strikes are a powerful response to yesterday’s attempted Iranian attacks on U.S. forces based in the Middle East.
In a post on X, CENTCOM announced that at 10 PM ET, its “forces successfully completed a heavy wave of strikes against Iran in response to yesterday’s attempted missile attacks on U.S. forces.”
“CENTCOM assets struck dozens of Islamic Revolutionary Guard Corps (IRGC) targets in Iran, including military command centers, missile and drone facilities, coastal surveillance and defense sites, and maritime capabilities,” the command stated. “The strikes aimed to further diminish threats posed by Iran and its proxies to American forces, commercial shipping, and neighboring Gulf countries.”
CENTCOM says it struck dozens of targets in a “heavy wave” of airstrikes on Iran overnight in response to yesterday’s Iranian missile attacks on U.S. forces.
President Trump says damages will be paid for by Iranian money that the US has ‘in its possession, and controls’.
Published On 24 Jul 202624 Jul 2026
United States President Donald Trump has pledged to use frozen Iranian assets to pay for any damage to ships and cargo in the Strait of Hormuz, garnering strong condemnation from Tehran.
Tensions between Iran and the US have escalated since the beginning of July as the two sides trade attacks and Tehran targets US military bases in the region.
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Washington completed its 13th consecutive night of strikes on Iran late on Thursday, with Trump saying he is considering a “massive attack” on the country, “bigger than ever before”.
Writing on his Truth Social platform on Thursday, Trump said that damages would be paid for by “Iranian Money that the United States has in its possession, and controls”.
“These damages may be very substantial but, nevertheless, this is the fair and equitable thing to do,” Trump added.
Iranian Foreign Minister Abbas Araghchi condemned Trump’s comments and said in a post on X on Friday morning that seizing another country’s assets to “pay for unrelated future claims is an incendiary precedent”.
“Those who celebrate or profit from such funds should remember: once governments normalise confiscation, no one’s assets are safe. Ensuing chaos will not be pretty or peaceful,” he added.
The case of Iran’s frozen assets has been an issue that the two sides had been discussing in the now-collapsed memorandum of understanding (MoU) agreement that was signed between Tehran and Washington in June as a pathway to end the war.
But the US and other governments have “frozen” Iranian assets for decades.
While the exact amount of frozen money belonging to Iran is not known, some estimates put it at about $100bn.
Washington first froze Iranian funds in 1979 after US citizens were taken hostage at the US embassy in Tehran.
At the same time, Trump pledged “major military punishment” for Iran and its Houthi allies on Thursday after the Yemeni fighters struck two Saudi oil tankers in the Red Sea.
But on Friday morning, the Iranian army announced in a statement carried by the state Mehr News Agency that it had launched a new wave of drone attacks on US military installations in Bahrain and Jordan.
Moreover, ship tracking data seen by the Reuters news agency found that the number of tankers crossing the Strait of Hormuz fell to just one on Thursday, the lowest level since May 7.
After U.S. strikes on Iran’s largest nuclear facilities last year, both President Trump and the White House were adamant that the Middle East nation’s nuclear program had been destroyed.
“Monumental Damage was done to all Nuclear sites in Iran, as shown by satellite images. Obliteration is an accurate term!” Trump wrote on social media.
“Iran’s Nuclear Facilities Have Been Obliterated — and Suggestions Otherwise are Fake News,” the White House wrote in a press release.
A year later, the U.S. and Iran are five months into a war Trump said would be over in weeks. Iran has gained leverage by seizing control of the Strait of Hormuz, a vital energy corridor, and the U.S. has been forced to the negotiating table as global gas prices have spiked — including again this week after a ceasefire agreement collapsed.
And Trump — facing mounting criticism that he has pushed the U.S. into another “forever war” despite campaigning on doing exactly the opposite — is leaning back into the notion that Iran presents an unacceptable nuclear threat and strikes are needed, namely at another Iranian nuclear facility known as Pickaxe Mountain.
“Pickaxe is a possible target for a nice big fat shot right near the front door,” the president recently said on “The Hugh Hewitt Show.” “We’re going to take out Pickaxe Mountain. Tell the Iranians to be ready.”
Pickaxe, a heavily fortified facility deep underground that would be difficult to penetrate even with powerful “bunker buster” bombs, was not targeted during last year’s 12 Day War between Iran and the U.S. and Israel, nor in the full-scale war of the last five months.
However, it is less than two miles from Natanz, one of Iran’s primary nuclear enrichment facilities, which was struck both last year and this year. On Monday, the Wall Street Journal reported that Israeli intelligence believes Iran moved thousands of uranium-enrichment centrifuges into Pickaxe last fall — bolstering its ability to reconstitute a nuclear program that threatens the U.S. and regional allies.
Trump’s sudden focus on Pickaxe as a suspected hub of Iranian nuclear activity, which comes as his administration is trying to justify its continued entanglement in its unpopular war there, is an acknowledgment that two prior military campaigns and years of attempted diplomacy by his administration have failed to curb Iran’s nuclear ambitions.
Few experts ever bought into the Trump administration’s claims that Iran’s nuclear program had been completely destroyed, and even Trump and his closest allies have walked some of those comments back — including in discussions about Iran’s ability to retrieve and repurpose enriched material buried at Natanz and other targeted sites.
Some experts have cited construction activity around Pickaxe as evidence Iran is continuing to develop the facility in violation of recent agreements with the U.S., but have said the exact nature of the work isn’t known. They’ve also wondered if the Trump administration intends to use the work there to lay the groundwork for a broader, boots-on-the-ground war effort that would be unpopular in the U.S. but necessary to truly accomplish Trump’s stated goal of ending Iran’s nuclear program for good.
The Institute for Science and International Security, a Washington-based think tank, said last week that it wasn’t clear “if Iran still plans on installing a large-scale assembly facility” at Pickaxe Mountain “given the destruction of Iran’s centrifuge program,” but “if Iran starts to rebuild its centrifuge manufacturing capability, it could plan to install a smaller centrifuge assembly facility in Pickaxe Mountain able to serve a nuclear weapons program.”
The space under the mountain, the institute said, may be “large enough to also hold a centrifuge enrichment plant capable of producing weapon-grade uranium” and is “likely large enough to also hold certain nuclear weaponization activities such as making weapon-grade uranium metal and shaping it into nuclear weapon components.”
Retired Army Gen. Joseph Votel, the former head of U.S. Central Command, told The Times that Iran has had a substantial amount of time to relocate equipment since the bombings of last year and has “demonstrated that they are savvy on these kinds of things,” and the U.S. “should be serious about it and try to confirm the intelligence.”
And “if there have been centrifuges that have been moved there and are underground and spinning and developing nuclear bomb grade materials,” he said, “we should be very, very concerned about that.”
Benjamin Radd, a political scientist and senior fellow at the UCLA Burkle Center for International Relations, said it is true that Iran is continuing its enrichment program in clandestine ways that present an ongoing threat and that “the war is not going the way the president wanted.” He also said Iran’s activity around Pickaxe helps Trump justify the war — and its possible expansion.
Radd said Iran has used the war to block independent inspections of its nuclear facilities by the International Atomic Energy Agency and reconstituted some of its nuclear capabilities in the process, including as talks with the U.S. shifted from its nuclear program to the Strait of Hormuz.
Trump and the U.S., meanwhile, have “vacillated” between trying to “manage” the Iranian nuclear program by reining in enrichment, to trying to “neutralize” the program with targeted attacks on its nuclear infrastructure. Radd said that “even though his rhetoric is there,” Trump hasn’t had “the resolve or the ability or the mandate” to move to fully eliminate Iran’s nuclear program, because that would require “much more forceful intervention” than the American public is willing to accept, such as U.S. troops on the ground in Iran.
He said he wonders now if the president’s talk about Pickaxe is part of a shift in that direction — or at least threatening it — after Trump and his advisors realized that the current cycle of war, negotiations and then more war is giving Iran the time it needs to reconstitute its nuclear program.
“I’m wondering if that is just a threat, or if it’s a genuine option that the president is actually considering,” Radd said.
Under Senate questioning Tuesday, Defense Secretary Pete Hegseth declined to say whether American bombs were capable of destroying whatever is under Pickaxe Mountain.
Weekly insights and analysis on the latest developments in military technology, strategy, and foreign policy.
Two U.S. troops were killed in action and one remains missing in Jordan on Friday while defending against Iranian ballistic missile and drone attacks, U.S. Central Command announced on X. Another “four American service members were medically evacuated to Jordanian hospitals. They have since been discharged. Other personnel who were evaluated for minor injuries have returned to duty.”
“Out of respect for the families, CENTCOM is withholding additional information, including the identities of the fallen warriors, until 24 hours after the next of kin have been notified,” the command added.
CENTCOM Statement on Recently Fallen, Missing U.S. Service Members
TAMPA, Fla. — On July 17, two U.S. service members in Jordan were killed in action as U.S. Central Command (CENTCOM) and partner forces defended against Iranian ballistic missile and drone attacks. Additionally,…
CENTCOM did not say where in Jordan, however, yesterday, CBS News reported that “Iran attacked at least two Jordanian bases this week, resulting in several American service members being injured in the attack after their facility was struck.”
We noted yesterday that data from NASA’s Fire Information for Resource Management System (FIRMS) at 10:59 PM EDT indicated a fire adjacent to the runway near an area where aircraft are parked at Muwaffaq Salti Air Base in Jordan. However, TWZ cannot independently verify what happened at the base and if any equipment was destroyed or damaged and how personnel there were affected. We’ve reached out to CENTCOM for answers.
Data provided by NASA’s Fire Information for Resource Management System (FIRMS) indicated a fire at Muwaffaq Salti Friday night, however TWZ cannot confirm at this time what that indicates. (FIRMS)
We reached out to CENTCOM for confirmation.
Video emerged on social media purporting to show attacks on the base.
Video captures the moment that several Iranian medium to intermediate-range ballistic missiles struck Muwaffaq Salti Air Base in Jordan overnight, killing at least two and injuring several other American Servicemembers. pic.twitter.com/cJz39E1LvP
The air base has long been a major regional hub for U.S. operations, and is being very actively utilized in the current conflict. It hosts the greatest concentration of U.S. tactical aircraft in the region, and thus is an extremely important target, where, as we pointed out last night, even one ballistic missile landing on an apron could destroy multiple prized aircraft and take the lives of U.S. service members or cause injuries.
Iran also hit Prince Sultan Air Base in Saudi Arabia yesterday, Axios reporter Barak Ravid stated on X.
🚨U.S. official: Iran launched a ballistic missile at a U.S. base in Saudi Arabia 🚨Why it matters: This is the first direct Iranian attack on Saudi Arabia in nearly four months
In addition, officials in Kuwait yesterday said one of the country’s power and water desalination plants “was attacked as a result of the Iranian aggression…leading to a fire and damage to the plant’s facilities and several electricity generating units.”
“The fire is now under control and repairs are ongoing,” the Kuwait government added.
Kuwait announces one of its power and water desalinization plants “was attacked as a result of the Iranian aggression…leading to a fire and damage to the plant’s facilities and several electricity generating units.” The fire is now under control & repairs are ongoing. https://t.co/MrFcwkeTHrpic.twitter.com/LoxTCM4v92
The two deaths and the injuries came as the conflict between the U.S. and Iran is escalating rapidly, with each side now attacking critical infrastructure and Iran intensifying strikes on U.S. bases across the region.
Amid the fighting, “Iranian Deputy Foreign Minister for Legal and International Affairs Kazem Qaribabadi stated that Tehran has suspended its commitments under the Islamabad Memorandum of Understanding (MoU) signed with Washington as United States attacks continue,” the official Fars News Agency reported.
This is a developing story.
UPDATE: 6:31 PM EDT-
CENTCOM announced a new wave of attacks on Iranian targets.
“Today at 6 p.m. ET, U.S. forces began launching new airstrikes against Iran at the Commander in Chief’s direction,” the command stated on X. “The strikes are designed to further degrade Iran’s ability to threaten commercial shipping in the Strait of Hormuz and swiftly punish Islamic Revolutionary Guard Corps forces who launched attacks against American service members in Jordan last night.”
Today at 6 p.m. ET, U.S. forces began launching new airstrikes against Iran at the Commander in Chief’s direction. The strikes are designed to further degrade Iran’s ability to threaten commercial shipping in the Strait of Hormuz and swiftly punish Islamic Revolutionary Guard…
President Donald Trump called the deaths of two U.S. service members in Jordan, “a very sad thing,” in a brief phone call with NewsNation, the outlet stated.
Trump told the outlet that the troops died “in service of our country” and reiterated that the war’s central objective is “never allowing Iran to have a nuclear weapon.”
Asked about Iran’s announcement that it was no longer abiding by a U.S.-Iran memorandum of understanding, Trump replied: “I couldn’t care less.”
NewsNation exclusive: President Donald Trump responded to the deaths of two U.S. service members who were killed in an Iranian missile attack in Jordan. Trump said the service members died “in service to our country” and reiterated that Iran cannot be allowed to obtain a nuclear… pic.twitter.com/JykOv5Upla
U.S. officials offered The New York Times a recounting of the last five days of Iran’s attacks on Jordan, which the Pentagon has not yet discussed in detail publicly.
“The first attack to hit U.S. forces in Jordan struck a residential facility at King Faisal Air Base, wounding as many as five U.S. service members, they said,” the publication reported. “The second hit a base in eastern Jordan where U.S. Blackhawk helicopters were operating from, damaging a significant number of them.”
“Then, 48 hours ago, Iranian missiles hit Jordan’s Muwaffaq Salti Air Base in Azraq, which is the same base where the troops were killed on Friday,” the newspaper added, citing officials. “The earlier strike wounded about 20 U.S. troops rushing to take cover in bunkers. No one was killed in that barrage. But on Friday, when the Iranians struck the base again, two U.S. troops were killed and four other service members were injured, according to U.S. officials. Other personnel were evaluated for minor injuries and returned to duty.”
July 17 (UPI) — A 39-year-old man was due in court in London on Friday accused of breaching national security law by assisting Iran’s intelligence service.
Counter-terrorism police charged Vahid Aberi, of Liverpool, with aiding the intelligence service of another country under the 2023 National Security Act after arresting him in Birmingham on Wednesday following an investigation, the Met said in a news release.
Commander Helen Flanagan, Head of Counter Terrorism Policing London, said that while authorities were seeing “a significant and sustained increase” in cases involving national security, there was no threat to the public in this specific instance.
“We have seen a significant and sustained increase in the tempo of our work in national security investigations in recent years. This case is yet another example of where we’ve intervened to disrupt suspected activity linked to foreign intelligence services,” Flanagan said.
“While we can’t comment in detail around the allegations now that a man has been charged, I do want to reassure the public that we have not identified any direct threat to them nor any threat towards a community or individual in connection with this investigation,” she added.
Aberi was held at a West Midlands police station while police carried out raids at addresses in the Birmingham and Liverpool areas. Charges were authorized by the Crown Prosecution Service ahead of his appearance at Westminster Magistrates Court.
The case comes two weeks after a judge at the Old Bailey sentenced two Romanian nationals to 12 and eight years in prison for a knife attack on Iranian independent TV journalist Pouria Zeraati in London in 2024 carried out on behalf of the Iranian state.
Nandito Badea, 21, and George Stana, 25, who were arrested in Romania along with a third suspect, were extradited to Britain to face prosecution.
Following their sentencing, the Foreign Office summoned Iran’s charge d’affairs to demand Tehran immediately cease its attempts “to undermine U.K. sovereignty and security.”
On Monday, the government designated Iran’s Islamic Revolutionary Guard Corps and the Islamic Movement of Companions of the Right as national security threats with anyone convicted of supporting the groups facing up to 14 years in prison.
The IMCR has claimed responsibility for seven attacks linked to Jewish and Israeli communities in Britain, including a March 23 arson attack on Jewish volunteer ambulances in Golders Green in north London.
In March, counter-terrorism police in London arrested four Iranian men on suspicion of conducting surveillance on behalf of Iranian intelligence on Jewish-community-linked individuals and locations in the capital.
Astronaut Buzz Aldrin walks on the surface of the Moon during the Apollo 11 mission on July 20, 1969. Photo by NASA/UPI | License Photo
Tehran launched strikes against several countries across the Gulf and wider region overnight as the United States military raised its attacks on Iran.
Reports on Friday morning said that Bahrain, Iraq, Kuwait, Oman and Qatar, as well as Jordan and Syria, had been forced to take defensive action against Iranian missiles and drones, amid a sixth night of US strikes on Iran.
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The escalating US air campaign targeted civilian infrastructure in the south of the country, including telecommunications networks, railway systems, and the Bandar-e Khamir bridge in Hormozgan province, where local media reported on Thursday night that at least seven people were killed.
Tehran has justified its strikes against Gulf and other states by saying it is targeting US facilities in the region, insisting that Washington has used its bases there as launchpads to strike Iran.
In Qatar, which hosts major US military facilities, the security threat level was elevated as loud explosions were heard across parts of the capital, Doha, early on Friday morning.
Warning sirens sounded as residents received security alerts on their mobile phones. Qatar’s security threat level was raised again after the initial alert, but the situation later returned to “normal” after the threats were cleared.
The Qatari Ministry of Interior confirmed on Friday morning that a child who was injured by falling shrapnel during the assault is now receiving medical care. Earlier, Qatar rejected Israeli reports that it was planning to join military action against Iran.
Iran’s army said it targeted US helicopters and reconnaissance aircraft at the Sakhir airbase in Bahrain, according to a report from the country’s semi-official Tasnim news agency.
The Islamic Revolutionary Guard Corps (IRGC) claimed early on Friday to have successfully targeted US monitoring assets in Oman.
In a statement, the military said it destroyed a US air control radar in the northern Ghanim region and a maritime surveillance radar positioned on rocks in the Strait of Hormuz.
The IRGC declared that the critical shipping waterway – which has become the key issue in the latest outburst of conflict between the US and Iran – “remains in the hands of the IRGC Navy’s admirals”.
The IRGC also reported that it hit a US military base in Kuwait early on Friday. It said that the attack targeted a missile defence radar, several key weapons depots and two HIMARS surface-to-surface missile launchers.
In northern Iraq, Kurdish counterterrorism forces reported that US coalition forces shot down eight explosive drones over the city of Erbil, according to the Iraqi News Agency (INA). No casualties were reported.
The Jordanian army announced its air defence systems shot down three Iranian missiles transiting its airspace on Friday morning. No casualties were reported as engineering teams dealt with falling debris.
The IRGC also claimed to have attacked a US special operations command centre at the al-Tanf military base in Syria, according to a Tasnim news agency report.
Call to return to ‘hard-won’ deal
As hostilities between the US and Iran continue to escalate, threatening to spread across the region and curb the global economy, efforts to convince Washington and Tehran to return to negotiations are accelerating.
China’s Foreign Minister Wang Yi and Pakistani counterpart Ishaq Dar called on Friday for an immediate ceasefire and the resumption of dialogue, hoping to save the tentative ceasefire agreed upon last month.
Both countries have sought to mediate in the months-long conflict, which rekindled with renewed fighting over the Strait of Hormuz a month after the signing of a preliminary deal aiming to end the war.
That agreement was “hard-won”, Wang said, adding: “Peace is before our eyes, [we] cannot fall at the last hurdle and even more so cannot lose what we have gained.”
Iran has said 38 people have been killed, and more than 400 injured, in the US attacks since the two sides met in Switzerland on June 22 for talks to end the war through a 60-day negotiation period, the AFP news agency reported.
Moment a projectile struck a border area between Kuwait and Iraq, sparking a fire and sending thick smoke into the sky. The scenes emerged after Kuwait said it intercepted 32 hostile drones since dawn as Iran announced strikes targeting US assets in the country.
Weekly insights and analysis on the latest developments in military technology, strategy, and foreign policy.
U.S. Central Command (CENTCOM) on Wednesday unleashed a new wave of strikes on Iranian targets. The attacks, on Iran’s Greater Tunb Island, came as the newly restored blockade on Iranian ports entered its first full day and the command began ordering ships headed to Iran to turn around. Meanwhile, Iran claims it damaged several U.S. military facilities in new rounds of missile and drone attacks in the region.
“CENTCOM launched precision munitions against coastal defense systems and cruise missile storage and launch sites on Greater Tunb Island during the 90-minute wave,” the command stated on X. “The strikes further degraded Iran’s ability to attack commercial shipping in the Strait of Hormuz.” The island, located at the western mouth of the Strait, sits about 30 miles south of the Iranian coast and about 50 miles northwest of the United Arab Emirates (UAE), which also lays claim to it, along with the Abu Musa and Lesser Tunb islands that Iran seized in 1971.
US Central Command carried out a 90-minute wave of strikes against coastal defense systems and cruise missile storage and launch sites on Greater Tunb Island on Wednesday, further degrading Iran’s ability to attack commercial shipping in the Strait of Hormuz, CENTCOM said. pic.twitter.com/8GpPtZKAIW
— Iran International English (@IranIntl_En) July 15, 2026
Greater Tunb Island was a frequent target during Operation Epic Fury. A little more than two miles across at its widest point, it hosts a “vast network of underground bunkers,” created by the Islamic Revolutionary Guard Corps (IRGC), according to the Israeli Alma Research and Education Center think tank. “These underground facilities are believed to be storing anti-ship missiles and other weapons threatening freedom of navigation and commerce through the Strait of Hormuz.”
Greater Tunb Island. (Google Earth)
In a subsequent X post, CENTCOM stated that since “restarting the naval blockade against Iranian ports 17 hours ago, U.S. forces have redirected 2 commercial vessels attempting to run the blockade. The U.S. military remains vigilant and prepared to ensure full compliance.”
Since restarting the naval blockade against Iranian ports 17 hours ago, U.S. forces have redirected 2 commercial vessels attempting to run the blockade. The U.S. military remains vigilant and prepared to ensure full compliance. pic.twitter.com/E00JAlmBua
In its announcement on Tuesday that the blockade had been reimposed, CENTCOM stated that there are “currently more than 20 U.S. Navy warships and hundreds of military aircraft operating across the Middle East. American forces remain vigilant, lethal, and ready.”
U.S. forces resumed the naval blockade against vessels transiting to and from Iranian ports and coastal areas today at 4 p.m. ET.
There are currently more than 20 U.S. Navy warships and hundreds of military aircraft operating across the Middle East. American forces remain… pic.twitter.com/ATRJHlLQNo
Control over the Strait has been at the center of most of the flare-ups of violence that have taken place after a shaky ceasefire was agreed to by the U.S. and Iran on April 8. They’ve often involved Iranian attacks on commercial shipping in the Strait followed by U.S. kinetic responses. However, these kinetic encounters have been intensifying over the past five days, leading President Donald Trump to order the resumption of the naval blockade on Iranian ports. It went into effect at 11:30 PM local time on Tuesday.
President Trump on the blockade on the Hormuz Strait: “I don’t think anybody should be able to charge a fee for the Strait or for any other Strait-relationship in terms of other sections of the world… but we were doing it as a reimbursement.” pic.twitter.com/ZNAdSa7wSl
As we have frequently noted, the blockade was lifted on June 17 when the U.S. and Iran signed a 14-point Memorandum of Understanding (MoU). The MoU provided a 60-day extension of the ceasefire to iron out an agreement to end fighting throughout the region, including Lebanon, prevent Iran from seeking nuclear weapons, end U.S. sanctions and resume the flow of traffic through the Strait of Hormuz, among other points.
Iran, as we noted earlier in this story, said it carried out a number of retaliatory strikes on Kuwait, Bahrain and Jordan as it has over the past five days. All three nations host an array of U.S. military facilities.
The Iranian Army’s public relations office said it “launched a seventh wave of drone strikes on U.S. bases in the region on Wednesday, targeting F-18 facilities and support infrastructure at al-Azraq in Jordan,” Iran’s official Mehr news outlet stated on Wednesday. The strikes “were part of ‘Operation Thunderbolt’ and followed six earlier waves of drone attacks on U.S. positions since the American violation of the ceasefire and the start of ‘brutal attacks’ on Iranian territory.”
The Iranian army launched a seventh wave of drone strikes on U.S. bases in the region on Wednesday, targeting F-18 facilities and support infrastructure at al-Azraq in Jordan.https://t.co/hpqsv0WImA
TWZ cannot independently confirm Iran’s claims and CENTCOM declined comment.
“Jordan’s military intercepted three Iranian missiles,” The New York Times reported, citing a statement carried by the official Petra news agency. “The Kuwait Army said earlier that its air defenses were intercepting hostile targets, while Bahrain’s interior ministry said warning sirens had been activated. None of the countries have reported damage or casualties from strikes on Wednesday.”
However, images and videos have emerged online purporting to show damage at several installations in the wake of Iranian attacks over the past several days.
The following post on X uses satellite imagery from Iranian state media to claim damage to an anti-drone radar system at Prince Hassan Air Base in Jordan; however, its low resolution makes it hard to confirm that claim.
Video shared on social media and verified by The New York Timesshowed an Iranian drone hitting the area surrounding an already burning warehouse in Kuwait late on Tuesday night local time.
“The IRGC claimed that the warehouse in Mina Abdulla was a logistics and supply hub for U.S. forces in the region,” the publication noted.
Iranian officials also claimed that “seven members of the 388th Iranshahr Brigade, including permanent personnel and conscripts, were killed during a U.S. strike on one of the Iranian Army Ground Force bases in Bampur early on Wednesday,” according to the IRGC-connected Tasnim news outlet.
Located in southern Iran, Bampur is about 120 miles north of the Gulf of Oman. TWZ cannot verify these claims either.
Seven personnel of Iran’s Army Ground Force were martyred after the US military launched a missile attack on an Army base in Bampur, in the southeastern province of Sistan and Baluchestan, the Army said, vowing a decisive response to the “heinous crime.”https://t.co/v8v7DwAps3pic.twitter.com/kED98QGljV
This latest wave of strikes came after Trump on Tuesday warned that the U.S. would strike bridges and power plants in Iran “next week” unless Tehran returns to the negotiating table.
“We’re going to hit them very hard tomorrow night,” Trump proclaimed in an interview with Fox News. “We’re going to hit them very hard the night after, and then next week it gets really bad for them, because next week comes the power plants. Next week comes the bridges. We’re going to knock out all their power plants. We’re going to knock out all their bridges unless they get to the table and negotiate.”
PRESIDENT TRUMP: “Ultimately, we’ll hit energy targets in Iran. Next week comes the bridges. We’re going to knock out all of their power plants. We’ll knock out all of their bridges unless they get to the table and negotiate” pic.twitter.com/CwbiDxHcwx
The U.S. leader also rescinded his threat to impose a 20% toll on Strait of Hormuz transits.
“I was called by different people, different countries, kings and emirs,” Trump said Tuesday, shortly after announcing the fee reversal. “And they’ve said, ‘We’d love to do it a different way. We’d love to invest in the United States with billions and billions of dollars. I like that actually because I don’t think anybody should be able to charge a fee for the Strait or for any other strait.”
President Trump said Tuesday he changed his mind on charging 20% Strait of Hormuz cargo fees after many countries called him.
“I was called by different people, different countries, kings and emirs,” Trump said shortly after announcing the fee reversal. “And they’ve said, ‘We’d… pic.twitter.com/8IaHfltzKT
Pickaxe Mountain is Iran’s hardest-to-reach facility and Trump saying he may take a “shot right in the front door” wasn’t likely just small talk.https://t.co/SsDnvtAGXZ
Iranian officials on Wednesday reacted to Trump’s statement about attacks on bridges and power plants, saying that: “Wherever the Americans strike, our Armed Forces will respond in the same manner.”
In addition, the Islamic Republic has no intention of returning to the bargaining table, Foreign Ministry spokesperson Esmaeil Baghaei told Iranian media on Wednesday.
“We currently have no plans for negotiations and remain focused on defending the country,” Baghaei told reporters.
⚡️BREAKING
Iran’s Deputy Foreign Minister on the U.S. striking Power Plants and Bridges:
“Wherever the Americans strike, our Armed Forces will Respond in the same Manner
While Trump and Iran are ramping up the rhetoric, there is also tremendous global and domestic pressure on the American leader to refrain from expanding the fighting. In just one example of that playing out, the per barrel price of Brent crude jumped from a recent low of just over $75 a barrel on July 13 to more than $84 a barrel this morning as the attacks are intensifying.
Meanwhile, the MarineTraffic maritime tracking organization reported a slight uptick in Strait of Hormuz transits yesterday. However, the outlook for future traffic is grim given the unfolding security situation, including the renewed blockade, the organization posited.
Strait of Hormuz risks deepen despite slight rise in crossings
Vessel activity through the Strait of Hormuz increased slightly on 14 July, with 21 confirmed crossings recorded, according to #MarineTraffic data. Commercial traffic accounted for most movements, including vessels… pic.twitter.com/oIkrtu2kGl
Trump also faces domestic headwinds, with the November mid-term elections fast approaching and the conflict is unpopular among American voters.
Still, the fighting rages on, and the fact that the U.S. Navy is once again forcing ships away from Iran is a significant step back up the escalation ladder given that the now tattered MoU called for the blockade to end. We will continue to monitor this situation and provide updates when warranted.
UPDATE: 3:22 PM EDT –
CENTCOM announced new strikes against Iranian targets.
“At 3 p.m. ET, U.S. forces launched operations for a second wave of strikes today against Iran,” the command stated on X. “The strikes are targeting Iranian military capabilities used to threaten vessels freely transiting through the Strait of Hormuz, an international waterway vital to global commerce. The U.S. military is holding Iran accountable at the Commander in Chief’s direction.”
At 3 p.m. ET, U.S. forces launched operations for a second wave of strikes today against Iran. The strikes are targeting Iranian military capabilities used to threaten vessels freely transiting through the Strait of Hormuz, an international waterway vital to global commerce. The…
For the first time since resuming the blockade, U.S. forces today fired on a ship trying to run it, CENTCOM stated on X. The Curacao-flagged M/T Belma, an unladen oil tanker, was transiting international waters, headed toward Iran’s Kharg Island terminal, when it “ignored multiple warnings as it attempted to violate the U.S. blockade,” according to the command. “A U.S. aircraft disabled the vessel after firing Hellfire missiles into the ship’s smokestack. The ship is no longer transiting to Iran.”
U.S. Central Command says it disabled the Curaçao-flagged tanker M/T Belma as it sailed toward Iran’s Kharg Island earlier today.
CENTCOM said the unladen vessel ignored repeated warnings before a U.S. aircraft fired Hellfire missiles into its smokestack, stopping it from… pic.twitter.com/zLFHGAOsn7
“U.S. forces struck Iranian command centers, air defense sites, missile and drone capabilities, and coastal surveillance facilities to further degrade Iran’s ability to threaten innocent mariners crewing commercial vessels transiting the Strait of Hormuz,” CENTCOM explained, adding that its forces “used precision munitions to hit targets in multiple locations including Bandar Abbas.”
U.S. military:
“U.S. Central Command (CENTCOM) ended an evening wave of strikes against Iran at 9 p.m. ET on July 15.
U.S. forces struck Iranian command centers, air defense sites, missile and drone capabilities, and coastal surveillance facilities to further degrade Iran’s… pic.twitter.com/6Bx5YZtAoP
The United States on Sunday carried out a second night of airstrikes against Iranian targets as their dispute over transit rights in the Strait of Hormuz threatened to escalate beyond the region. U.S. Navy file photo by Mass Communication Specialist Seaman Zoe Simpson
July 12 (UPI) — The U.S. military said late Sunday ithad completed a new wave of attacks against Iran, as world leaders raised fears that a fragile cease-fire would collapse and the conflict could widen beyond the region.
The Sunday attack was the second consecutive night that the United States had attacked Iran and was the fourth round in a week, prompting retaliatory strikes from Tehran against regional U.S. military assets following each operation, as the two sides battle over the vital Strait of Hormuz shipping route.
U.S. Central Command said its forces had completed the wave of strikes, claiming to have hit dozens of targets with precision munitions with the intent to “degrade Iran’s ability to continue attacking international shipping flowing through the Strait of Hormuz.”
Iranian air-defense systems, coastal radar sites, missile and drone capabilities and small boats were among the targets attacked by U.S. fighter jets, naval assets and aerial and sea drones on Sunday, CENTCOM said.
“The Strait of Hormuz is a vital maritime corridor for global trade,” CENTCOM said in a statement.
“Iran does not control it.”
The announcement of the operation’s conclusion came hours after CENTCOM said it had begun and after the U.S. military refuted Iran’s claims that it had closed the vital waterway in response to what it characterized as violations of the 25-day-old U.S.-Iran memorandum of understanding that established the shaky cease-fire.
“The Strait of Hormuz is open to all vessels seeking to lawfully transit the international waterway,” CENTCOM declared. “U.S. forces are positioned and prepared to ensure that freedom of navigation remains available despite unwarranted Iranian aggression, harassment, threats, and arbitrary declarations. Iran does not control the strait.
“Traffic is flowing.”
Late Sunday, Iranian media reported explosions near Sirik and west of Bandar Abbas in the country’s south during the second night of U.S. strikes, which came shortly after Iran’s Islamic Revolutionary Guard Corps targeted what it called American military assets in Qatar, Oman, Bahrain, Kuwait, Jordan and the United Arab Emirates.
As CENTCOM announced the completion of its strikes, state-run Islamic Republic of Iran Broadcasting reported that Iran’s Islamic Revolutionary Guard Corps was targeting U.S. bases in Jordan.
Those attacks drew condemnation from the Gulf states and warnings from world leaders that events were spiraling quickly.
Pakistan’s foreign ministry said it is “following with deep concern the recent incidents that are further escalating the regional tensions.”
Islamabad, which mediated the memorandum of understanding, “reiterates its strong support for the sovereignty and territorial integrity of all brotherly countries in the region, and urges all sides to exercise restraint, take immediate steps towards de-escalation, and uphold respective commitments under the [MOU].”
U.N. Secretary-General António Guterres on Sunday similarly expressed “deep concerns” over what he called a “serious escalation & renewed military confrontations in the Gulf, including the Iranian attacks on ships in the Strait of Hormuz, the attacks by the U.S. on Iran, and the attacks by Iran on targets in the neighboring countries.
“These attacks must all stop,” he said, warning that “a return to full-scale hostilities would have catastrophic consequences — for the peoples of the region, for international peace & security & for the global economy.
“I urge Iran & the U.S. to urgently resume negotiations & to address outstanding issues through diplomacy,” Guterres said.
The fighting comes as the two sides were negotiating the implementation of the MOU, with the Strait of Hormuz appearing to be a sticking point.
The United States resumed striking Iran on Wednesday after Iran attacked three commercial ships in the vital chokepoint. The Trump administration is seeking to regain freedom of navigation through the strait, while Iran seeks to maintain control over ships transiting it.
A missile identified as “Khorramshahr-4” was on display during a public rally in Tehran’s Enghelab Square on April 21, 2026. Photo by Behnam Tofighi/UPI | License Photo
Sirens blared in several cities in Jordan as Iranian missiles were intercepted. Jordanian Armed Forces confirmed at least eight missiles were intercepted.
The US military says it has struck 90 targets across Iran, hitting ports and infrastructure along the Strait of Hormuz. Iran says at least 14 people have been killed in two nights of attacks, and that it has responded with drone strikes on US-linked sites in the Gulf region.
On Tuesday, two tankers were attacked as they transited the Strait of Hormuz via a passage in Omani waters. Gulf countries responded by sharply condemning the attacks and blaming Iran. The United States then launched attacks on Iranian territory, to which Tehran responded by striking Bahrain and Kuwait. US President Donald Trump has now said the memorandum of understanding (MoU) that Iran and the US signed is void.
This latest escalation illustrates how the Strait of Hormuz has become the central issue in the US-Israel war with Iran that began on February 28. Disagreements over the strait’s future have proven to be the hardest to resolve in the US-Iranian negotiations, as questions about Iran’s nuclear programme have been put to the side.
The disruption of traffic in the Strait of Hormuz has an immediate and costly price tag attached, for Iran, for its Gulf neighbours, and for a global economy that has spent four and a half months absorbing the largest oil supply shock in the history of the modern market.
Iran’s leverage is also its liability
For Tehran, the strait is its strongest card – one that is also incredibly costly. Since the war began, Iranian forces have mined the strait, attacked vessels and cut traffic through the passage by roughly 95 percent. This has led to what the International Energy Agency’s Fatih Birol has called “the largest supply disruption in the history of the global oil market”.
That leverage is real: about a fifth of the world’s oil and a fifth of its liquefied natural gas (LNG) normally move through Hormuz, and no amount of Gulf pipeline capacity can fully replace it.
But Iran has effectively been strangling its own lifeline along with everyone else’s. Iranian crude, once sold for $3 a barrel less than international benchmarks, is now selling at a 20 percent discount. The country’s oil exports collapsed by more than 90 percent in May as US naval enforcement squeezed its shadow fleet.
Even before the war, the World Bank projected that Iran’s economy would contract in 2026. The impact of the collapse of oil sales will be far-reaching because of the closure.
A 60-day US Treasury waiver issued on June 22, permitting Iran to sell oil at full market rates through August 21, but has now been renounced following the attacks on Tuesday.
This is the economic backdrop to Iran’s insistence on asserting joint authority over the strait and floating a system of transit fees or “service charges” for passing ships. Washington has made clear that Iran cannot charge tolls in international waters governed by the right of transit passage under the Law of the Sea.
For Tehran, the dispute is not really about toll revenue, which would be rather modest when compared to its oil income; it is about establishing precedent and sovereignty over a chokepoint that is its only real point of leverage once sanctions relief and frozen-asset release are negotiated.
The latter is itself contested: Iran wants half of an estimated $25bn in frozen assets released immediately, while the US has resisted. A separate $300bn reconstruction fund floated in the MoU has already become a political flashpoint in Washington.
The Gulf is paying for a crisis it didn’t start
For the Gulf states, the Strait of Hormuz crisis has meant improvising around geography. Saudi Arabia has redirected crude through its roughly 1,200km (746-mile) East-West pipeline to the Red Sea port of Yanbu, and the UAE has leaned on the Habshan-to-Fujairah line to the Gulf of Oman.
Together, though, these pipelines carry a fraction of what Hormuz once did, at best 7 million barrels a day of design capacity for the Saudi line and under 1.8 million for the Emirati one, against roughly 20 million barrels a day that transited the strait before the war.
Both alternatives have themselves come under attack: Iranian strikes cut the East-West pipeline’s throughput by an estimated 700,000 barrels a day in April, and drone attacks disrupted loading at Fujairah. Seaborne crude exports from Gulf states excluding Iran fell by roughly half between February and March.
Qatar, host to the talks between Iran and the US, has its own acute stake: its entire LNG export industry depends on the Strait of Hormuz, and it has been pushing the hardest for a settlement.
Oman, drawn into Iran’s sovereignty claim as co-owner of the strait’s territorial waters, is caught between commercial interest in a resolution and a legal position, as a signatory to the United Nations Convention on the Law of the Sea (UNCLOS) that publicly rejects Iranian tolls. Iraq, highly dependent on its Gulf terminals, has quietly explored an export route north through Turkiye.
None of these workarounds are cheap, and all of them are political as well as commercial, tying Gulf capitals’ economic fortunes to a settlement between the US and Iran.
The rest of the world: Insurance bills and inflation
Beyond the region, the crisis has been transmitted mainly through two channels: price and insurance. Higher oil prices are passed on to various consumer goods down supply chains and suppress growth. According to estimates, the global economy can slow down to 2.8 percent in 2026 from 3.4 percent last year due to the closure of the strait.
Insurance for Hormuz transit, which cost roughly 0.25 percent of a vessel’s value before the war, has spiked as high as 8 percent, turning a single large tanker’s coverage into a $3m-to-$8m expense. Shipping lines including CMA CGM and Hapag-Lloyd have layered on conflict surcharges of $1,500 to $2,000 per twenty-foot equivalent unit (TEU). Washington’s own International Development Finance Corporation has had to step in as, in effect, an insurer of last resort, offering up to $40bn in reinsurance capacity to keep vessels moving.
China has absorbed the largest share of this pain: It takes close to 40 percent of its crude imports through the Strait of Hormuz and buys more than 80 percent of Iran’s oil exports outright, making it simultaneously Tehran’s most important customer and one of the war’s most exposed bystanders. Japan, which sources 70 percent of its Middle Eastern crude via the strait, has already tapped strategic reserves.
For import-dependent economies across Asia and Europe, the strait’s fate is not an abstraction of Middle East diplomacy; it shows up directly in fuel, freight and fertiliser prices.
Oil and gas dominate the headlines, but roughly 30 percent of the world’s seaborne fertiliser trade also passes through Hormuz.
The World Bank’s fertiliser price index has risen more than 12 percent in the first quarter of 2026 and has since climbed to its highest level since October 2022, driven largely by the closure. The Food and Agriculture Organization has warned that the resulting scarcity of urea and other nitrogen products will show up as lower yields through the 2026–2027 growing season, hitting import-dependent and already food-insecure countries in Africa and Asia the hardest.
Unlike an oil-price spike, which mainly stings at the pump, a fertiliser shortfall reaches into next year’s harvest, meaning an unresolved Hormuz standoff carries a slower-moving but longer tail of economic damage than crude prices alone suggest.
That is the arithmetic weighing on both sides. A deal that reopens the Strait of Hormuz without resolving who controls it risks recreating the same instability that shut it in the first place; one that concedes Iranian toll authority risks a precedent Washington and shipping nations will not accept. Until that circle is squared, the global economy is left pricing in a chokepoint that neither side can fully afford to keep closed, nor fully agree how to reopen.
The views expressed in this article are the author’s own and do not necessarily reflect Al Jazeera’s editorial policy.
The Iranian Striker: Mehdi Taremi offers a rare personal portrait of one of Iran’s most celebrated footballers during the 2026 FIFA World Cup.
Iranian team striker Mehdi Taremi reflects on the journey that shaped him – from growing up in Bushehr, to representing millions of Iranians at the World Cup.
In this Al Jazeera Originals short documentary, Taremi speaks about childhood, compulsory military service, sacrifice, criticism, national identity and why football means far more than the game itself. He also shares what it means to represent Iran before a global audience, and why he hopes football can help people better understand his country.
July 8 (UPI) — Britain has summoned Iran’s charge d’affairs after a judge last week sentenced two Romanian men to prison for stabbing an Iranian journalist in London in 2024, an attack the court found was carried out on behalf of the iranian state.
“We take threats posed by Iran and those who do its bidding extremely seriously,” a spokesperson for Britain’s Foreign, Commonwealth and Development Office said in a statement.
“Iran’s actions attempt to undermine UK sovereignty and security, and are completely unacceptable — it must cease in these activities immediately.”
Ali Nasimfar, charge d’affairs of the Iranian Embassy in London, was summoned by Middle East Minister Hamish Falconer on Tuesday, after a British judge sentenced Nandito Badea, 21, and George Stana, 25, to prison over the March 29, 2024, attack.
According to prosecutors, the two men attacked Pouria Zeraati, a reporter with the Britain-based Persian-language broadcaster Iran International, as he was leaving his Wimbledon home.
One of the men asked Zeraati for money before the other grabbed him. Zeraati suffered multiple stab wounds to his leg before both men fled on foot and entered a blue Mazda car that was waiting nearby and driven by a third accomplice.
Prosecutors accused Badea of having been involved in the attack, while Stana drove the getaway car, which had been bought through Facebook. The third suspect has been identified as David Andrei.
The three suspects were arrested by Romanian police in December 2024. Badea and Stana were extradited to Britain that same month, while Andrei remains in Romania, where he is subject to domestic criminal proceedings.
During the trial, the judge agreed with the prosecution that the crime was a state-sponsored attack, as evidence “overwhelmingly” supported the finding that it was carried out on behalf of Iran.
Stana was sentenced to 12 years in prison, as the judge ruled that the Foreign Power Condition under the National Security Act was met in his case. The judge said the extensive planning and involvement in the plot indicated that he knew — or at the very least ought to have known — of the connection to Iran.
Badea was sentenced to eight years behind bars.
“Protecting national security, upholding media freedom and freedom of expression, remain our top priorities,” Britain’s Foreign, Commonwealth and Development Office said.
“This government will take all measures necessary to protect the British people, and those living and working in the UK.”
British officials and allies have accused Iran of a longstanding pattern of targeting critics, journalists and dissidents abroad with assassination plots.
In the United States, authorities have several times thwarted Iran-backed attempts to assassinate and kidnap Masih Alinejad.
In 2024, the United States and Britain issued coordinated sanctions targeting those they accused of being behind threats to assassinate Iranian dissidents abroad.
LOS ANGELES — A lawsuit filed Tuesday alleges that the Trump administration’s immigration agencies have been sharing confidential information about Iranian asylum seekers with the Iranian government, violating national immigration regulations and endangering countless Iranians, court filings argue.
The lawsuit depicts a coordinated campaign between the U.S. and Iranian governments to identify Iranians in Immigration and Customs Enforcement custody and pressure them to return to Iran — a marked departure from decades of diplomatic hostility between the two governments and an ongoing war.
Roughly 600 Iranians were put in immigration detention last year, according to public records obtained by the National Iranian American Council. In June, an Iranian woman was among the two dozen migrants the U.S. deported to the Central African Republic — in a marked departure from a decades-long practice by the U.S. of welcoming Iranian dissidents, exiles and others since the 1979 Islamic Revolution forced a large number of Iranians to flee.
The U.S. government is allowed to work with government officials of foreign countries to coordinate deportation logistics. However, federal regulations passed in the late 1990s prohibit the government from sharing information that could reveal that the individual getting deported applied for asylum.
“Congress made these confidentiality protections mandatory precisely because lives depend on them, and no agency and no administration, of either party, may set them aside,” said Ali Rahnama, the interim executive director of Iranian American Legal Defense Fund.
Starting in March 2025, the U.S. State Department arranged monthly meetings with Iranian officials, using the Pakistani embassy as an intermediary, in which U.S. officials shared detailed, sensitive information about detained Iranian immigrants who the U.S. government hoped to deport, lawyers for the Iranian American Legal Defense Fund and the Public Citizen Litigation Group wrote in a complaint.
The information included details about asylum applications filed by people who say they were persecuted for converting to Christianity, for their sexuality or for participating in the Women, Life, Freedom protests against the Iranian government in 2022, according to the lawsuit, which was filed in U.S. District Court in Washington, D.C.
ICE forced Iranian asylum applicants who had been detained in numerous facilities, mostly southern states, to meet with an Iranian government official who had extensive and specific knowledge about their applications, according to the complaint. The information was shared even after the joint U.S.-Israeli strikes on Iran started the Iran war in February 2026.
The lawsuit is seeking to halt sharing information about asylum seekers with the Iranian government and appoint an independent monitor to prevent future disclosures.
“Despite the U.S.’s ongoing war with Iran, the administration seems more committed to mass deportation than protecting human lives,” Michael Kirkpatrick, attorney at Public Citizen Litigation Group said in a statement.
The complaint names the Department of Homeland Security, Secretary of State Marco Rubio, Secretary of Homeland Security Markwayne Mullin and the Department of State as some of the defendants. The Department of Homeland Security and the State Department didn’t respond to an emailed request for comment on Tuesday morning.
The allegations come amid President Trump’s ambitious and aggressive immigration crackdown that involved over 600,000 deportations and causing roughly 1.9 million immigrants to voluntarily leave in 2025 alone, according to an announcement made by DHS.
Iranian officials acknowledged in September 2025 that as many as 400 Iranians could be returned under an agreement with the Trump’s administration. That month, the first of three deportation flights brought dozens of Iranians back to Iran. The second deportation flight was in December 2025, and the final recorded deportation flight departed at the end of January 2026, roughly a month before the war on Iran started, and just weeks after the Iranian government killed thousands of citizens as part of a brutal crackdown on protests. The New York Times reported at the time that some of those deported in the flights in September, December and January were asylum seekers.
Maritime monitoring service TankerTrackers.com said on Thursday that a ship which Iranian media reported had run aground in the Strait of Hormuz has in fact been stuck in the same spot since March and is part of an operation managed by the notorious Iranian oil magnate Mohammad Hossein Shamkhani.
Here is what we know about Shamkhani, whom the US and EU allege is a central figure in Iranian and Russian shadow fleet operations, generating billions of dollars of oil revenues for both, and what happened to his ship in the Hormuz strait.
What do we know about the stranded ship?
On Thursday, TankerTrackers.com reported that the ship that Iranian media said had run aground in the Strait of Hormuz after using a “US-suggested route” has actually been stuck in the same spot since March.
It identified the vessel as the Arista, and reported that while it is Comoros-flagged, it is in fact part of an operation managed by the sanctioned Iranian oil magnate Shamkhani.
Who is Mohammad Hossein Shamkhani and what are the allegations against him?
Shamkhani is an Iranian oil shipping magnate who has multiple Western sanctions imposed on him. He is the son of the late Ali Shamkhani, a senior political adviser to Iran’s former Supreme Leader Ayatollah Ali Khamenei.
Ali Shamkhani led the Supreme National Security Council (SNSC) for a decade until 2023, making him the second-longest-serving security chief since 1979 after former President Hassan Rouhani, who was SNSC secretary for nearly 16 years.
He was reportedly killed in the first Israeli-US strikes on Tehran on February 28 , which triggered the war with Iran and also killed Khamenei, whose funeral begins tomorrow.
In March, the Sarajevo-based Organised Crime and Corruption Reporting Project (OCCRP) reported that following an investigation, Mohammad Hossein Shamkhani and his brother had used aliases and Caribbean “golden passports” to amass a $29m million property portfolio in Dubai.
The US Treasury, which has sanctioned the Shamkhani shipping empire, says it is part of a massive Iranian and Russian oil smuggling ring and that the Comoros‑flagged Arista aground in Hormuz is part of that network.
How does Shamkhani’s oil shipping operation work?
According to the US Treasury, the Shamkhani network makes use of “front” companies to buy Iranian and Russian oil for which it falsifies shipping documents. It switches the oil between vessels frequently via its shipping operations and sells the oil on to buyers who pay for it via their own front companies to obscure the flow of money.
Additional profits are funnelled through hedge funds and other money-laundering operations, the US Treasury alleges.
It said Shamkhani relies on a mix of crude oil, oil product and liquefied petroleum gas (LPG) tankers to generate billions of dollars for the Iranian and Russian regimes.
According to the European Commission, Shamkhani “uses the company Milavous Group Ltd to blend crude oil with various petroleum products from Russia and to rebrand for exporting purposes, thereby concealing their origin”.
Shamkhani is not known to have responded publicly to these allegations.
What sanctions have been imposed on Shamkhani?
Shamkhani was first sanctioned by the US last July, amid a large number of Iran-related sanctions. In April, the US Treasury Department announced additional sanctions on Shamkhani’s network.
“Treasury is moving aggressively with Economic Fury by targeting regime elites like the Shamkhani family that attempt to profit at the expense of the Iranian people,” Treasury Secretary Scott Bessent said.
A statement from the US Treasury added that Shamkhani “heads a multi-billion dollar Iranian and Russian petroleum sales empire that enriches a family connected to the highest echelons of the Iranian regime at the expense of the Iranian people”.
The European Union sanctions tracker website says Shamkhani is also subject to EU sanctions, describing him as “a businessperson active in the Russian oil trade and a central player in Russia’s so-called ‘shadow fleet’.”
Russia’s shadow fleet is a network of hundreds of ageing, poorly regulated oil tankers that Russia uses to export crude and fuel while evading Western sanctions imposed after its invasion of Ukraine in 2022.
An August last year, the UK government also announced sanctions against Shamkhani including an asset freeze, director disqualification and travel ban. Minister for the Middle East Hamish Falconer said: “The UK is announcing sanctions against those who operate on behalf of Iran, fuelling its attempts to undermine stability in the Middle East and global security.
“Iran’s reliance on revenues from trading networks and connected organisations enables it to carry out its destabilising activities, including supporting proxies and partners across the region and facilitating state threats on UK soil.”
Brent crude edges up as tit-for-tat strikes imperial return to normality in key waterway.
Published On 29 Jun 202629 Jun 2026
Oil prices have climbed following the latest flare-up in hostilities between the United States and Iran.
Brent crude, the primary international benchmark, rose about 0.9 percent on Monday after tit-for-tat US and Iranian strikes over the weekend renewed doubts about a return to normal shipping in the Strait of Hormuz.
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Brent futures for August delivery stood at $73.21 a barrel as of 03:30 GMT, 127 cents higher than the day before the US and Israel launched their war on Iran on February 28.
“Brent’s partial rebound this morning reflects a market that had perhaps run too quickly on ceasefire optimism,” Fabien Yip, a market analyst at IG in Sydney, Australia, told Al Jazeera.
“Oil had nearly unwound its entire war premium, despite an MoU with no enforcement details and ongoing strikes. Thursday’s attack on a commercial vessel was a reality check, and this weekend’s tit-for-tat exchanges have compounded that,” Yip said.
Asian stock markets were mixed on Monday morning, with losses in Tokyo and Seoul and gains in Hong Kong and Taipei.
Japan’s benchmark Nikkei 225 was 0.7 percent lower, while South Korea’s Kospi was down 1.9 percent.
Japanese and Korean stocks tied to the AI boom saw some of the biggest losses amid heated debate about whether tech firms’ massive investments in the emerging technology will pay off.
Japanese tech giant SoftBank Group fell about 5 percent, while Advantest Corporation, a key maker of semiconductor testing equipment, slumped 3.7 percent.
South Korean memory chip giants Samsung Electronics and SK Hynix dropped about 5 percent and 4 percent, respectively.
Hong Kong’s benchmark Hang Seng Index and Taiwan’s Taiex both rose, gaining 2.2 percent and 1.4 percent, respectively.
“Quarter-end profit-taking is adding to the selling pressure, with investors locking in gains from what has been a remarkable run. The Kospi is up roughly 95 percent this year, and the Nikkei up 37 percent,” IG’s Yip said.
“The underlying concern, however, is whether the AI boom can continue to translate into sustained earnings growth, or whether margin pressure is arriving sooner than the market anticipated.”
US Central Command announced strikes against Iran on Friday and Saturday, citing Iranian attacks on two commercial vessels in the Strait of Hormuz, which in peacetime serves as a conduit for about one-fifth of the global trade in oil and liquified natural gas.
Iran responded to the strikes by launching a series of missiles and drones targeting US military assets in Bahrain and Kuwait.
Washington and Tehran agreed to cease their attacks and renew their negotiations on ending the war, multiple media outlets reported late on Sunday, citing unnamed US officials.
Axios, citing an unnamed senior US official, reported that the sides would hold talks in Doha, Qatar, on Tuesday.
Iran has yet to comment on the reported agreement to cease hostilities or the planned talks.
US President Donald Trump and Iranian President Masoud Pezeshkian signed a memorandum of understanding to end the war on June 17, but the agreement has repeatedly come under strain due to flare-ups in hostilities and disagreements about the meaning of the text.