Bahrain and Kuwait sounded missile alerts after Iran’s Revolutionary Guard said it targeted U.S. military installations in both countries in retaliation for overnight American strikes.
U.S. Central Command said it hit Iranian air defenses, radars and more than 60 Revolutionary Guard boats after Tehran allegedly attacked three commercial ships in the Strait of Hormuz.
Washington also revoked Iran’s license to sell crude openly for U.S. dollars, restoring pressure on a key concession in the interim deal after the shipping attacks.
The crossfire threatens talks due after Ayatollah Ali Khamenei’s burial on reopening the strait and curbing Iran’s nuclear program, though neither side immediately quit negotiations.
The latest exchange again exposed the fragility of the ceasefire around a waterway that handles about a fifth of global traded oil and gas in peacetime.
With strikes hitting neighboring countries, is the US-Iran conflict spiraling into a full-blown regional war?
With the peace deal broken and a new leader in Iran, what is the next move in this dangerous geopolitical chess match?
As a multinational force forms, can the vital Strait of Hormuz be reopened before the global economy suffers further?
Over 100 Days of US-Iran Tensions: Strait of Hormuz Closure and the Worldwide Energy Crisis
Overview
The report details how the US-Iran conflict, sparked by US-Israeli strikes on February 28, 2026, has escalated over more than 100 days, severely disrupting the Strait of Hormuz—a vital global oil route. This blockade has led to a massive loss of 1.15 billion barrels of oil and heightened global energy insecurity. The situation is marked by repeated military confrontations, including downed US aircraft and attacks on commercial shipping, which have undermined diplomatic efforts to de-escalate. The ongoing instability threatens not only regional peace but also the prospects for a US-Iran deal, with far-reaching economic and humanitarian consequences.