U.S.-Iran strikes escalate across the Gulf

Photo — mohammad esmaeili / Pexels

According to Reuters, U.S. and Iranian military attacks resumed after weeks of relative calm, with strikes reported on Iranian launch sites and subsequent retaliation against U.S. targets in the region. The flare-up has immediate geopolitical and market consequences, including a jump in oil prices and heightened concern that the conflict could widen beyond the Gulf. Other reports on the day also point to related sanctions pressure on Iran and broader regional instability, reinforcing that this is the dominant global breaking-news development right now.

Sources: Reuters, Democracy Now!, EL PAÍS