US launches new strikes on Iran and Tehran hits back in widening conflict
SPY•US strikes Iranian targets as oil prices rise
The U.S. launched a barrage of airstrikes against Iran on Tuesday, prompting Iranian retaliation, in the most serious escalation in weeks in a conflict that has driven up global energy prices and weighed on President Donald Trump's popularity at home.
The strikes followed a weekend exchange of fire — the first since July — and attacks on Monday on two tankers leaving the Strait of Hormuz, the global oil supply waterway that Iran has effectively closed to shipping. Global oil prices rose more than $4 a barrel on Tuesday, settling at a five-week high.
The U.S. military's Central Command said it had completed a wave of strikes against IRGC targets on Tuesday including air defense sites, radar systems, maritime assets and facilities, mine-laying capabilities, and communications sites.
Iranian media reported multiple strikes, including a U.S. missile attack near the city of Ahvaz and at the civilian Jiroft airport in southeastern Iran, while explosions were heard in the southeastern port of Chabahar, the port city of Bandar Abbas on the Strait of Hormuz, and in Asaluyeh, a critical gas hub on the Gulf coast.




