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US launches multiple strikes on Iran, which retaliates against US targets in region

CENTCOM said the strikes hit coastal defenses and missile sites to reduce Iran’s ability to threaten commercial shipping, as Brent crude closed at $84.95 a barrel.

  • On Wednesday, July 15, 2026, U.S. Central Command conducted two waves of strikes against Iranian coastal defense systems and missile sites on Greater Tunb Island and Bandar Abbas, completing the first wave within around 90 minutes.
  • Hostilities surged after a fragile truce collapsed when Iran closed the Strait of Hormuz, a vital waterway carrying about one-fifth of global oil shipments, prompting the U.S. to resume its naval blockade of Iranian ports.
  • The Islamic Revolutionary Guard Corps struck U.S. military targets in Bahrain, Kuwait, and Jordan on Wednesday; Kuwaiti armed forces intercepted four Iranian missiles and 21 drones, causing material damage but no injuries.
  • Brent crude oil prices closed at a one-month high of $84.95 a barrel on Wednesday, as Tehran threatened to restrict further regional energy exports while declaring it is engaged in an "existential war" with America.
  • President Donald Trump struck a triumphant note, stating "We'll have Iran defeated soon," while reiterating threats to strike additional Iranian energy targets as the administration weighs whether to settle or "finish it off.
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The American armed forces attack targets in Iran on the sixth day in a row. In the White House, the deployment of ground troops is being examined. In parallel, Donald Trump can announce a successful negotiation.

·Zürich, Switzerland
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Energy, food and air travel prices are likely to continue to rise as both sides escalate their confrontation over the Straits of Hormuz and launch air strikes in the Middle East.

·Buenos Aires, Argentina
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Reuters broke the news in London, United Kingdom on Wednesday, July 15, 2026.
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