Overview
- U.S. Central Command said forces carried out successive waves of air and missile strikes that hit about 80 Iranian military targets on the first night and roughly 90 targets in a follow-up operation.
- President Donald Trump declared the June 17 ceasefire over and warned of harsher reprisals if Iran continued attacks on commercial vessels in the Strait of Hormuz.
- Iranian state media and the Islamic Revolutionary Guard Corps reported explosions across southern port cities and claimed coordinated strikes against U.S. military bases in the Gulf while threatening to close the Strait if attacks continue.
- Markets reacted quickly as international oil prices rose on fears that renewed hostilities could disrupt roughly one-fifth of global oil shipments that pass through the Strait of Hormuz.
- Regional mediators including Pakistan and Qatar and the U.N. urged immediate de-escalation while analysts note the breakdown of the June 17 memorandum has returned the conflict to a cycle of retaliation that risks wider regional spillovers.