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Breaking / AS-2660 / Global / 00:30 · 04 Nov 2026

US strikes Iran’s Qeshm Island amid faltering diplomacy

Photo — AmirHadi Manavi Moghadam / Pexels

The strikes appeared limited rather than a return to major combat operations, but they sharply complicated diplomatic efforts between Washington and Tehran. Reports of mediation had helped drive crude prices down by about 7% before the attacks prompted a partial rebound, underscoring the risks to global energy supplies through the Strait of Hormuz.[1][2] The episode also coincides with major US midterm elections, adding political pressure to an already volatile security situation.[1]

Sources: Reuters, The Wall Street Journal

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