The story so far
US Iran Airstrikes Hormuz
Tracked across 10 sources · Updated 2h ago
The US launched multi-day airstrikes on Iranian military sites near the Strait of Hormuz, disrupting oil shipping and causing prices to surge past $90 per barrel. Iran retaliated against US allies in Bahrain, Kuwait, and Jordan. Trump threatened to strike Iran's Pickaxe Mountain nuclear site and warned of infrastructure attacks if Hormuz shipping is targeted.
How it unfolded
6d ago
Trump warns Iran to avoid Hormuz attacks or lose bridges, power plants
6d ago
US cost of war reaches $37.5 billion
21 Jul 2026
Trump threatens strike on Pickaxe Mountain nuclear site
21 Jul 2026
Iran strikes US sites in Bahrain and Kuwait
21 Jul 2026
Trump warns Iran after US troop deaths
20 Jul 2026
Oil tops $90 as Hormuz disruption worsens
16 Jul 2026
Oil prices rise on Hormuz supply fears
15 Jul 2026
US begins fifth day of strikes on Iran
What happened earlier
Latest updates
Latest
Full story →Trump says he is ready for military action if Iran talks fail, Axios reports
U.S. President Donald Trump said Washington is in deep talks with Iran.
Trump warned he is ready for strong military action if diplomacy fails.
The report was published by Axios.
Earlier · 4d ago
Full story →US Strikes Iran As Tensions Escalate Over Shipping Routes In Hormuz
Earlier · 4d ago
Full story →US Will Use 'Iranian Money' in Its 'Possession' To Pay for Damage To Ships, Cargo: Trump
US President Donald Trump announced on Truth Social that damages to ships or cargo from US-Iran hostilities will be paid using Iranian funds controlled by the US, calling it 'fair and equitable'.
Iranian Foreign Minister Seyed Abbas Araghchi criticized US aggression as 'mindless' and said it will backfire, urging officials to focus on realities.
Trump reiterated that Iran cannot be allowed to have nuclear weapons, stating the US is doing 'extremely well' in the conflict.
Tehran has nearly $100bn in assets frozen by other countries, according to a report by Al Jazeera.
Earlier · 4d ago
Full story →US-Iran war continues as oil tops $100 amid shipping route control measures
The U.S. military launched the 13th night of strikes against Iran, targeting military and commercial sites.
Yemen's Iran-backed Houthi rebels claimed they targeted two Saudi oil tankers in the Red Sea.
Iranian state media reported explosions in Bandar Abbas and on Qeshm Island, with four killed and five wounded in Ahvaz.
U.S. Central Command said strikes aim to degrade Iran's ability to threaten mariners and commercial vessels in regional waters.
Brent crude oil price topped $100 a barrel amid escalating clashes over control of shipping routes.
Earlier · 3d ago
Full story →Krugman: Trump's Iran Policy Creates $140 Oil Equivalent
Paul Krugman says Trump's Iran war has created economic impact equivalent to $140 oil.
Krugman warns of uglier fallout if conflict escalates.
Soaring gasoline refining costs amplify impact of higher crude oil prices.
Krugman is a Nobel Prize-winning economist.
