Overview
- U.S. forces carried out coordinated multi-wave strikes that struck roughly 140 Iranian military locations during an operation between July 10 and July 12, targeting missile, drone and naval sites tied to maritime strike capabilities.
- A separate U.S. precision strike on July 13 hit coastal installations in cities including Bushehr, Jask, Konarak, Abu Musa and Bandar Abbas, a campaign CENTCOM said aimed to blunt Iran’s ability to threaten shipping.
- The Islamic Revolutionary Guard Corps announced a third wave of retaliatory attacks called Operation Nasr-2 that it says has struck U.S.-linked bases in the region including sites in Bahrain, Kuwait and Jordan.
- Iran declared the Strait of Hormuz closed after explosions near Bandar Abbas, and Brent crude rose about 4 percent as traders priced tighter oil flows; markets moved to safer assets while Bitcoin fell toward $62,000 and roughly $350 million of crypto leveraged positions were liquidated.
- Previous ceasefires and a June memorandum brokered by Pakistan and Qatar collapsed, diplomats have so far failed to hold pauses, and strikes near Ahvaz raise the prospect that damage to Iran’s power and mining sites could alter global Bitcoin hashrate and local livelihoods.