The US-Iran conflict has entered a dangerous new phase as both countries exchanged heavy strikes overnight, escalating tensions across the Middle East. The United States reportedly targeted key infrastructure inside Iran, while Tehran responded with attacks on American military installations and strategic assets across the Gulf region. According to reports, Iran claimed strikes on US military facilities in Kuwait, Jordan, and Bahrain, while also targeting critical infrastructure linked to American operations. The conflict has also intensified around the Strait of Hormuz, one of the world's most important oil shipping routes, raising fears of a wider regional war and disruptions to global energy supplies.

US-Iran war escalates | Iran strikes US bases in gulf after American airstrikes | Strait of Hormuz 

The US-Iran conflict has reached a new peak of misinformation and escalation. As the seventh consecutive night of US airstrikes intensifies—targeting Iranian infrastructure, bridges, and military capabilities—the IRGC has claimed that two oil tankers exploded after hitting mines in the Strait of Hormuz.


US-Iran war: US rejects Iran's claim on ships hitting mines in Hormuz

The United States has struck Iran's strategically important Chabahar Port, destroying a surveillance tower that Washington says was used by the Islamic Revolutionary Guard Corps (IRGC) to monitor commercial shipping through the Strait of Hormuz. The strike, confirmed by US Central Command (CENTCOM) on Friday (Jul 17), marks a significant expansion of Washington's military campaign against Iran, bringing attacks to one of the country's most critical maritime gateways on the Gulf of Oman.Also read | <a href="https://www.wionews.com/world/us-missiles-strike-near-iran-children-s-cancer-hospital-mass-evacuations-underway-1784163497565">US missiles strike near Iran children's cancer hospital; triggers mass evacuations</a><h2>Degrading Iran's ability to target ships in Hormuz</h2>In a statement posted on X, CENTCOM said US forces destroyed the surveillance tower at Shahid Kalantari Port in Chabahar on Thursday. According to the US military, the facility formed part of an IRGC-operated surveillance network that had been used for years to track commercial vessels passing through the Strait of Hormuz, one of the world's busiest oil shipping lanes."The destruction of the tower directly degrades IRGC's ability to coordinate attacks on innocent civilian crew members," CENTCOM claimed.

<blockquote class="twitter-tweet">On July 16, U.S. forces successfully destroyed the Chah Bahar Shahid Kalantari Port surveillance tower, part of a maritime surveillance network along Iran’s Gulf of Oman coastline used for decades by the Islamic Revolutionary Guard Corps (IRGC) to track and target commercial… <a href="https://t.co/CgBNvgOFf9">pic.twitter.com/CgBNvgOFf9</a>&mdash; U.S. Central Command (@CENTCOM) <a href="https://x.com/CENTCOM/status/2078125131847594149?ref_src=twsrc%5Etfw">July 17, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

<h2>Iran says Chabahar port remains operational</h2>While Iran confirmed the strike, it said that the port remains operational. Tehran also acknowledged that the surveillance tower had been hit. State news agency IRNA reported that the maritime control tower at Chabahar Port was destroyed in the attack, but said the port's berths, cargo-handling equipment and other operational infrastructure escaped damage.<h2>Wider strikes across multiple provinces</h2>The attack on Chabahar was part of a broader wave of overnight US strikes across Iran. According to state broadcaster Press TV, US forces targeted sites in the provinces of Hormozgan, Bushehr, Sistan and Baluchestan, Khuzestan and Lorestan between late Thursday and early Friday.Iran's Health Ministry said at least 38 people were killed and more than 400 others were injured in the attacks. Those killed reportedly included women and a child, while dozens of others remain in the hospital.Iranian authorities also said six bridges in Khamir County were damaged, disrupting transport links between Bandar Abbas, Bandar Khamir and surrounding areas.Also read | <a href="https://www.wionews.com/india-news/indian-terminal-at-iran-s-chabahar-port-was-not-damaged-in-us-strikes-indian-mea-1784315815135">‘Indian terminal at Iran's Chabahar Port was not damaged in US strikes’: Indian MEA</a><h2>Why Chabahar matters</h2>The strike carries significance beyond the ongoing conflict. Located on Iran's southeastern coast, Chabahar is the country's only ocean-facing port and sits outside the Strait of Hormuz, making it a key gateway for regional trade.The port is also strategically important for India, which has invested in developing parts of Chabahar as a route to Afghanistan and Central Asia that bypasses Pakistan.

<blockquote class="twitter-tweet"><a href="https://t.co/jZlSVRePRC">https://t.co/jZlSVRePRC</a> <a href="https://t.co/Nj5o0oiphH">pic.twitter.com/Nj5o0oiphH</a>&mdash; Pete Hegseth (@PeteHegseth) <a href="https://x.com/PeteHegseth/status/2077956182665302280?ref_src=twsrc%5Etfw">July 17, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

It added that the strike was intended to protect freedom of navigation and support the ongoing US naval blockade against Iran.US Secretary of War Pete Hegseth later shared an image of the destroyed tower on social media.

The United States has confirmed destroying an IRGC surveillance tower at Iran's Chabahar Port, saying the strike weakens Tehran's ability to monitor and target ships in the Strait of Hormuz, while Iran says the port remains operational despite wider overnight attacks.

The United States has struck Iran's strategically important Chabahar Port, destroying a surveillance tower that Washington says was used by the Islamic Revolutionary Guard Corps (IRGC) to monitor commercial shipping through the Strait of Hormuz. The strike, confirmed by US Central Command (CENTCOM) on Friday (Jul 17), marks a significant expansion of Washington's military campaign against Iran, bringing attacks to one of the country's most critical maritime gateways on the Gulf of Oman. Also read | US missiles strike near Iran children's cancer hospital; triggers mass evacuations Degrading Iran's ability to target ships in Hormuz In a statement posted on X, CENTCOM said US forces destroyed the surveillance tower at Shahid Kalantari Port in Chabahar on Thursday. According to the US military, the facility formed part of an IRGC-operated surveillance network that had been used for years to track commercial vessels passing through the Strait of Hormuz, one of the world's busiest oil shipping lanes. "The destruction of the tower directly degrades IRGC's ability to coordinate attacks on innocent civilian crew members," CENTCOM claimed.

The United States has confirmed destroying an IRGC surveillance tower at Iran's Chabahar Port, saying the strike weakens Tehran's ability to monitor and target ships in the Strait of Hormuz, while Iran says the port remains operational despite wider overnight attacks.

US destroying India's gateway to Central Asia? CENTCOM confirms surveillance tower at Iran's Chabahar Port annihilated

Stay updated with the latest global headlines. This edition covers fresh US strikes on Iran, Donald Trump's remarks on diplomacy and election security, Ukraine's political crisis, PM Narendra Modi flagging off India's first hydrogen-powered train, devastating wildfires in France and Spain, Tesla's recall, Google's Gemini AI delay, Brazil's tariff dispute, Netflix earnings, and much more.

US launches fresh Iran strikes | Trump, Ukraine, PM Modi's hydrogen train, wildfires & global news 


China's President Xi Jinping has called for stronger global cooperation on artificial intelligence, warning against restricting AI development through security concerns. Meanwhile, US President Donald Trump has revived claims about election vulnerabilities and alleged Chinese interference, calling for stricter voting rules. Tensions continue in West Asia as US forces launch fresh strikes on Iran, while Israel pushes for renewed ties with Saudi Arabia. Ukraine appoints a new acting defence minister as the war with Russia continues. In the UK, Andy Burnham is set to become the next prime minister after Labour's leadership transition. Severe weather hits Chile, leaving more than 500,000 people without power, while Netflix shares fall after a weaker revenue forecast.

Trump election claims | US-Iran conflict | China AI push | Andy Burnham UK PM & Chile storm crisis

Oil prices soared once again on Friday (Jul 17) amid renewed military escalation between the United States and Iran, triggering concerns over disruption of gOil prices jump as US-Iran conflict raises fears over Hormuz and Red Sea supplieslobal energy supply in the Gulf region. Brent crude futures rose to around $85.3 a barrel, while US West Texas Intermediate (WTI) crude traded near $80 a barrel, recovering from losses in the previous session. The gains capped a strong week for both benchmarks, with Brent and WTI posting double-digit weekly increases amid mounting geopolitical tensions.The market reacted after Washington launched another round of airstrikes on Iran, extending its military campaign for a sixth consecutive night. US Central Command said the strikes targeted Iranian military sites, describing the operation as part of efforts to degrade Tehran’s military capabilities.Iran has answered with missile and drone attacks on US military facilities across the region, including an air base in Jordan, keeping investors focused on the risk of a wider conflict.Supply concerns deepened after Tehran asked Yemen’s Houthi movement to be ready to close the Red Sea oil route if US strikes hit Iranian power infrastructure, Reuters reported. Any disruption in the Red Sea or the Strait of Hormuz would threaten one of the world’s busiest energy corridors, through which a significant share of global crude exports moves.The prospect of tighter supplies has added a geopolitical premium to oil prices, reversing losses seen in the previous session.<h2>‘We should be worried’</h2>Speaking in Washington on Thursday, International Energy Agency Executive Director Fatih Birol said the conflict remained a risk for global energy markets.“We should be worried, and I am worried, if the situation does not improve in the next few weeks,” Birol said.Analysts have said prices could remain supported as long as the conflict shows no sign of easing, with traders closely tracking developments around the Gulf's key oil shipping routes. &nbsp;

Oil prices climbed after fresh US-Iran attacks heightened fears of supply disruptions through the Strait of Hormuz and the Red Sea. Brent rose above $85 a barrel, extending strong weekly gains.


Oil prices soared once again on Friday (Jul 17) amid renewed military escalation between the United States and Iran, triggering concerns over disruption of gOil prices jump as US-Iran conflict raises fears over Hormuz and Red Sea supplieslobal energy supply in the Gulf region. Brent crude futures rose to around $85.3 a barrel, while US West Texas Intermediate (WTI) crude traded near $80 a barrel, recovering from losses in the previous session. The gains capped a strong week for both benchmarks, with Brent and WTI posting double-digit weekly increases amid mounting geopolitical tensions. The market reacted after Washington launched another round of airstrikes on Iran, extending its military campaign for a sixth consecutive night. US Central Command said the strikes targeted Iranian military sites, describing the operation as part of efforts to degrade Tehran’s military capabilities. Iran has answered with missile and drone attacks on US military facilities across the region, including an air base in Jordan, keeping investors focused on the risk of a wider conflict. Supply concerns deepened after Tehran asked Yemen’s Houthi movement to be ready to close the Red Sea oil route if US strikes hit Iranian power infrastructure, Reuters reported. Any disruption in the Red Sea or the Strait of Hormuz would threaten one of the world’s busiest energy corridors, through which a significant share of global crude exports moves. The prospect of tighter supplies has added a geopolitical premium to oil prices, reversing losses seen in the previous session. ‘We should be worried’ Speaking in Washington on Thursday, International Energy Agency Executive Director Fatih Birol said the conflict remained a risk for global energy markets. “We should be worried, and I am worried, if the situation does not improve in the next few weeks,” Birol said. Analysts have said prices could remain supported as long as the conflict shows no sign of easing, with traders closely tracking developments around the Gulf's key oil shipping routes.

Oil prices climbed after fresh US-Iran attacks heightened fears of supply disruptions through the Strait of Hormuz and the Red Sea. Brent rose above $85 a barrel, extending strong weekly gains.

‘We should be worried’: Oil prices surge as renewed US-Iran attacks threaten Hormuz and Red Sea shipping routes

The United States and Iran are actively exchanging waves of strikes and naval blockades in the Middle East, with tensions centered on the Strait of Hormuz. The U.S. employs a dual approach of intense military pressure alongside demands for negotiation, while Iran’s leadership balances diplomatic outreach with severe retaliatory attacks.


US and Iran exchange waves of strikes, moderate & hardline approach at play simultaneously

In today's top world headlines, India's National Security Adviser Ajit Doval urged stronger BIMSTEC cooperation to address shared security and economic challenges, including global supply chain disruptions. Iran warned that any U.S. interference in the Strait of Hormuz would cross a "red line," while explosions were reported near Iran's Jabar Port amid escalating tensions between Washington and Tehran. Israel reaffirmed its military presence in security zones across Lebanon, Syria, and Gaza, and Russian ballistic missile strikes killed civilians in Kyiv. Meanwhile, Toronto recorded the world's worst air quality due to wildfire smoke, Indian stock markets traded flat after a volatile session, and Zee Group Chairman Dr. Subhash Chandra announced the establishment of Sri Nand Kishor Goenka University in Hisar.

Iran threatens U.S. | BIMSTEC summit | Toronto air quality worsens | Kyiv missile attack | WION News

Iran has unveiled a new military strategy by deploying coordinated drone and ballistic missile swarm attacks designed to overwhelm advanced US-allied air defense systems across the Gulf. As the US-Iran conflict intensifies, Tehran has launched fresh retaliatory strikes targeting American military bases in Kuwait and Bahrain, while the IRGC claims its precision attacks damaged key US military infrastructure. Meanwhile, the United States has expanded its air campaign, striking Iranian coastal defense systems, missile launch sites, and military facilities near the Strait of Hormuz. President Donald Trump has warned that Washington is prepared to intensify attacks, including targeting Iran's power plants and bridges, unless Tehran returns to the negotiating table. With both sides escalating military operations, concerns are growing that the conflict could widen into a broader regional war. Watch the full report for the latest updates, expert analysis, and key developments from the rapidly evolving US-Iran crisis.

Iran vs US escalation: Iran's new drone strategy overwhelms air defenses 

Top headlines:
1) Iran launches drone attacks targeting US military bases in Kuwait and Bahrain in retaliation for recent American strikes.
2) Iran's Revolutionary Guards claim ballistic missile strikes on a US airbase in Jordan following US attacks inside Iran.
3) US military releases official footage of its latest wave of airstrikes targeting Iranian command centers, missile sites, air defenses, drone infrastructure and coastal military facilities.
4) Israel confirms it will maintain military forces inside security zones across Lebanon, Syria and Gaza to counter regional threats.
5) Russia launches fresh ballistic missile strikes on Kyiv, killing civilians and injuring several others, including a child.
6) UK economy returns to growth in May despite continuing geopolitical uncertainty and elevated energy prices.

Watch the latest international news updates, geopolitical analysis and breaking headlines from around the world.

Iran strikes US bases | Russia bombards Kyiv | Israel holds security zones | UK economy grows 

The conflict between the United States and Iran has entered its fifth consecutive day as U.S. forces launched another wave of strikes targeting Iranian military capabilities that Washington says threaten shipping through the Strait of Hormuz. Iranian state media reported explosions in several cities, including Bandar Abbas, Rask, Chabahar, Qeshm, Bandar Imam Khomeini, and areas near Bushehr, where Iran's only civilian nuclear power plant is located. The U.S. Central Command also confirmed that it targeted a vessel accused of attempting to violate the renewed naval blockade on Iranian ports, while Iran reportedly responded by launching attacks against U.S. military positions in Bahrain and Kuwait.

U.S.-Iran war intensifies | Fresh American strikes hit Iran as Trump issues new warning to Tehran

The conflict between the United States and Iran has entered its fifth consecutive day as U.S. forces launched a fresh wave of strikes targeting Iranian military capabilities linked to threats against shipping in the Strait of Hormuz. According to U.S. Central Command, the military operation focused on strategic Iranian military infrastructure, while Iranian state media reported explosions in several cities, including Bandar Abbas, Chabahar, Rask, and areas near Bushehr.
The U.S. military also confirmed that it disabled a vessel attempting to reach an Iranian port after it allegedly violated the renewed naval blockade, further intensifying tensions in the region. Meanwhile, Iran reportedly launched attacks against U.S. military positions in Bahrain and Kuwait, while Iraqi Kurdish security forces intercepted and destroyed eight explosive-laden drones near coalition facilities.

U.S.-Iran war escalates: U.S. Launches fresh strikes on Iran as Trump warns 'better behave' 

An Indian marine engineer from Pune has been confirmed dead after a merchant vessel was attacked in the Strait of Hormuz. The victim, who had gone missing following the strike, was part of the crew aboard the GFS Galaxy. The incident comes just a day after another Indian seafarer was killed in Iranian missile attacks on UAE-linked tankers in the region. India has strongly condemned the attacks, summoned Iran's Deputy Ambassador in New Delhi, and launched a new "Seafarer First" response system, including real-time vessel tracking, to protect Indian nationals working at sea. Authorities are coordinating with Oman to bring the deceased engineer's mortal remains back to India.


Hormuz Attack: GFS Galaxy Was Struck by a Projectile on July 12

A cargo ship sank in the Strait of Hormuz on July 14 amid the resumption of hostilities between Iran and the United States. A video released by Iran's Fars news agency shows the vessel with the name "Luni" etched on the hull going down. The ship had departed from India and was going to a port in the United Arab Emirates, according to MarineTraffic data. However, unlike some claims doing the rounds, the sinking is supposedly not linked to the ongoing war. The Iranian news agency reported that the ship collided with another vessel, which led to the sinking.&nbsp;The cargo ship soon filled with water, following which an emergency evacuation was carried out. According to reports, 23 crew members were rescued and taken to Qeshm Island on the southern coast. The circumstances surrounding the collision have not been revealed, nor has the other vessel involved in the collision been identified. The ship that went down was sailing under the flag of Saint Kitts and Nevis. Data placed the last recorded position of the vessel near the Strait of Hormuz at 2 pm IST, &nbsp;after it entered the area from the Gulf of Oman.<h2>Video of cargo ship sinking in Strait of Hormuz</h2>

<blockquote class="twitter-tweet" data-media-max-width="560">Cargo ship sinks near Strait of Hormuz amid Iran&#39;s warning to block more vital seaways . . . .<a href="https://x.com/hashtag/USIranWar?src=hash&amp;ref_src=twsrc%5Etfw">#USIranWar</a> <a href="https://x.com/hashtag/StraitOfHormuz?src=hash&amp;ref_src=twsrc%5Etfw">#StraitOfHormuz</a> <a href="https://t.co/KkCLqpvc8l">pic.twitter.com/KkCLqpvc8l</a>&mdash; WION (@WIONews) <a href="https://x.com/WIONews/status/2077307879267447175?ref_src=twsrc%5Etfw">July 15, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

<h2>Iran war resumes</h2>&nbsp;The incident happened on the same day the United States announced a naval blockade targeting Iranian ports and coastal areas. Fresh strikes were launched by the US CENTCOM, following which Iran responded with attacks on US bases in allied countries. United States struck Iranian missile and radar sites along the Persian Gulf on Tuesday, defending the action by saying that the aim was to reduce Tehran’s ability to strike commercial vessels transiting the Strait of Hormuz.&nbsp;The MoU signed by the two countries last month has now collapsed. On July 8, 2026, US President Donald Trump declared that the landmark interim peace agreement was "over" following a series of acute maritime violations in the Persian Gulf. A total naval blockade was reinstated on July 14 on all Iranian ports and coastal areas, targeting any non-compliant vessels attempting to enter or depart. &nbsp;

A ship sank in the Strait of Hormuz on July 14, triggering theories about what had happened. However, according to the Fars news agency, there might not be a link with the war. Maritime data shows the vessel left India and was bound for the United Arab Emirates.

A cargo ship sank in the Strait of Hormuz on July 14 amid the resumption of hostilities between Iran and the United States. A video released by Iran's Fars news agency shows the vessel with the name "Luni" etched on the hull going down. The ship had departed from India and was going to a port in the United Arab Emirates, according to MarineTraffic data. However, unlike some claims doing the rounds, the sinking is supposedly not linked to the ongoing war. The Iranian news agency reported that the ship collided with another vessel, which led to the sinking. The cargo ship soon filled with water, following which an emergency evacuation was carried out. According to reports, 23 crew members were rescued and taken to Qeshm Island on the southern coast. The circumstances surrounding the collision have not been revealed, nor has the other vessel involved in the collision been identified. The ship that went down was sailing under the flag of Saint Kitts and Nevis. Data placed the last recorded position of the vessel near the Strait of Hormuz at 2 pm IST, after it entered the area from the Gulf of Oman. Video of cargo ship sinking in Strait of Hormuz

A ship sank in the Strait of Hormuz on July 14, triggering theories about what had happened. However, according to the Fars news agency, there might not be a link with the war. Maritime data shows the vessel left India and was bound for the United Arab Emirates.

Video shows cargo ship that left India sinking in Strait of Hormuz, link with war unclear

The Strait of Hormuz is burning again, and behind the smoke, a very clear financial map is emerging. This isn't just a war story, but a market story. Since Iran shut the strait in late February, Brent crude jumped 15 per cent within days, gasoline prices spiked, and inflation fears returned to Washington. But not every producer is losing. Saudi Arabia and Oman are heading for a windfall, while the UAE watches its petrodollar income shrink. Why the split? Geography and infrastructure. Riyadh has rerouted nearly 7 million barrels a day through its east-west pipeline to the Red Sea port of Yanbu, completely bypassing Hormuz.Also read | <a href="https://www.wionews.com/india-news/new-delhi-to-track-every-indian-seafarer-in-hormuz-after-deadly-iran-tanker-attack-kills-sailor-injures-10-others-1784075142969">New Delhi to track every Indian seafarer in Hormuz after deadly Iran tanker attack kills sailor, injures 10 others</a> According to Goldman Sachs, higher prices have more than made up for the lost tanker shipments. That's the Saudi playbook: sidestep the chokepoint, and sell into a panicked market. Compare that to Iraq, Kuwait, Qatar and Bahrain; they are under loss with no pipeline escape route. Those unable to avoid the Strait saw straight revenue declines, even as prices climbed. Then there's refining. U.S. gasoline refining margins have surged more than 60 per cent since June, crossing $56 a barrel, nearing 2022 energy-crisis territory.Also read | <a href="https://www.wionews.com/india-news/can-india-withstand-another-west-asia-crisis-how-israel-hezbollah-iran-tensions-could-hit-its-energy-security-wion-decodes-1782374369218">Can India withstand another West Asia crisis? How Israel-Hezbollah-Iran tensions could hit its energy security | WION Decodes</a> Refiners are pocketing both a crude discount and a fuel-price premium. That's a rare double windfall, which analysts call unsustainable. And beyond the gulf, the biggest winners may sit outside West Asia entirely. The New York Times calculated the United States gained roughly 50 billion dollars in extra export revenue and Russia over $15 billion, while every Persian Gulf nation logged export declines. The takeaway: Hormuz tensions are reshaping petro-politics itself. Saudi Arabia is consolidating leverage over rivals like the UAE. Washington and Moscow are quietly cashing in. And refiners worldwide are riding margins that history says won't last. The war isn't just about the Gulf. It's about who controls the world's next barrel and its price.

The Strait of Hormuz is once again at the centre of a global energy crisis, but not every oil producer is losing. While Saudi Arabia, the US and Russia are reaping billions, others are seeing exports fall despite soaring crude prices. Scroll down to see who the biggest winners and losers are.

The Strait of Hormuz is burning again, and behind the smoke, a very clear financial map is emerging. This isn't just a war story, but a market story. Since Iran shut the strait in late February, Brent crude jumped 15 per cent within days, gasoline prices spiked, and inflation fears returned to Washington. But not every producer is losing. Saudi Arabia and Oman are heading for a windfall, while the UAE watches its petrodollar income shrink. Why the split? Geography and infrastructure. Riyadh has rerouted nearly 7 million barrels a day through its east-west pipeline to the Red Sea port of Yanbu, completely bypassing Hormuz. Also read | New Delhi to track every Indian seafarer in Hormuz after deadly Iran tanker attack kills sailor, injures 10 others According to Goldman Sachs, higher prices have more than made up for the lost tanker shipments. That's the Saudi playbook: sidestep the chokepoint, and sell into a panicked market. Compare that to Iraq, Kuwait, Qatar and Bahrain; they are under loss with no pipeline escape route. Those unable to avoid the Strait saw straight revenue declines, even as prices climbed. Then there's refining. U.S. gasoline refining margins have surged more than 60 per cent since June, crossing $56 a barrel, nearing 2022 energy-crisis territory. Also read | Can India withstand another West Asia crisis? How Israel-Hezbollah-Iran tensions could hit its energy security | WION Decodes Refiners are pocketing both a crude discount and a fuel-price premium. That's a rare double windfall, which analysts call unsustainable. And beyond the gulf, the biggest winners may sit outside West Asia entirely. The New York Times calculated the United States gained roughly 50 billion dollars in extra export revenue and Russia over $15 billion, while every Persian Gulf nation logged export declines. The takeaway: Hormuz tensions are reshaping petro-politics itself. Saudi Arabia is consolidating leverage over rivals like the UAE. Washington and Moscow are quietly cashing in. And refiners worldwide are riding margins that history says won't last. The war isn't just about the Gulf. It's about who controls the world's next barrel and its price.

The Strait of Hormuz is once again at the centre of a global energy crisis, but not every oil producer is losing. While Saudi Arabia, the US and Russia are reaping billions, others are seeing exports fall despite soaring crude prices. Scroll down to see who the biggest winners and losers are.

Hormuz crisis has clear winners and losers: Here's who's cashing in from the oil crisis

Tensions in the Middle East continue to escalate as Iran's Revolutionary Guard Corps (IRGC) claims it has launched attacks on US military facilities in Bahrain, Jordan, and Kuwait following a fresh wave of American airstrikes on Iranian territory. According to the IRGC, the attacks targeted the US Fifth Fleet headquarters in Bahrain, the Al Azraq Air Base in Jordan, and a US military logistics facility at Mina Abdullah in Kuwait. Iran has also warned that the Strait of Hormuz will remain closed until the United States ends what it calls "acts of aggression." Meanwhile, US Central Command (CENTCOM) confirmed that American fighter jets, drones, and naval forces carried out a seven-hour military operation targeting Iranian missile sites, drone infrastructure, naval assets, and coastal defense systems. The operation was aimed at reducing Iran's ability to threaten commercial shipping in the Gulf.

Iran attacks US bases in bahrain, Jordan & Kuwait | Trump warns bigger Iran strikes |  Hormuz crisis

The conflict between the United States and Iran has entered a dangerous new phase as both sides exchange large-scale military strikes across West Asia. According to Iranian state media, the Islamic Revolutionary Guard Corps (IRGC) launched Operation Nasr 2, firing advanced ballistic missiles, including Fateh, Fateh-110, and Zolfaghar missiles, targeting US military bases across the Gulf. Iran claims to have struck the US Fifth Fleet headquarters in Bahrain, along with facilities in Jordan and Kuwait. Meanwhile, the United States launched a fresh wave of airstrikes targeting military infrastructure in Bushehr, Bandar Abbas, Chabahar, Jask, Konarak, and Abu Musa, reportedly using one-way attack sea drones for the first time.

US-Iran conflict  | Iran fires ballistic missiles at US bases across gulf after fresh strikes

Description

Stay updated with today's biggest international headlines:

A. US-Iran Conflict

US Central Command releases footage of fresh strikes near Bandar Abbas and Qeshm Island.
Fourth consecutive day of military operations targets Iranian positions.
US reinforces naval blockade to protect shipping in the Strait of Hormuz.

B. India Responds

India launches a seafarer-first emergency response system.
New vessel-tracking mechanism introduced after attacks on merchant ships.
Measures aim to safeguard Indian sailors in conflict zones.

C. Iran's Warning

IRGC says the Strait of Hormuz will remain closed until US military actions stop.
Iran warns additional regional oil and gas export routes could also become targets.

D. Gulf Tensions

Iran claims it struck facilities linked to the US Fifth Fleet in Bahrain.
Command centers, fuel depots, and military infrastructure reportedly targeted.

E. Russia-Ukraine

Russia accuses Ukraine of attacking commercial ships in the Sea of Azov and Black Sea.
Moscow says it will continue food exports and humanitarian commitments.

F. Australia

Prime Minister Anthony Albanese announces plans to regulate AI data centers.
New rules will address electricity, water usage, and copyright protection.

G. Japan Economy

Manufacturers remain optimistic due to strong semiconductor demand.
Services sector struggles with rising operating costs.

H. FIFA World Cup

Spain defeat France 2-0 to qualify for the FIFA World Cup Final.
Mikel Oyarzabal and Pedro Porro score.
Spain will face either England or Argentina in the final.
Watch the full report for complete global updates.

Iran threatens Strait of Hormuz closure | India protects seafarers | Russia blames Ukraine 

Top Speed News:
A. West Asia & US-Iran Conflict

US continues fresh airstrikes on Iran for the fourth consecutive day.
Trump warns Iran of wider strikes on power plants and bridges.
Iran claims drone attacks on US bases across the Gulf.
Bahrain says Iranian attacks targeted US Fifth Fleet facilities.
Strait of Hormuz crisis fuels global oil market fears.

B. Russia-Ukraine War

Russia attacks merchant ships in Ukraine's Black Sea corridor.

C. FIFA World Cup 2026

Spain defeat France 2-0 to reach the FIFA World Cup Final.
England face Argentina for the final spot in the World Cup.

D. United States

US House passes bill to make Daylight Saving Time permanent.
San Francisco boat fire leaves one dead and two missing.

E. Latin America

Cuba suffers a third nationwide blackout in less than 10 days.
Colombia rescues 39 hostages from ELN rebels.
Spanish man arrested with cocaine at a Colombia airport.

F. Health

WHO launches the first Ebola antiviral exposure trial in DR Congo.

G. Technology

UK study links social media limits to better teen mental health.
Switzerland probes Google over Android search engine changes.
White House launches AI cybersecurity coordination initiative.

H. Business & Economy

Asian markets rise as US inflation eases.

Trump expands Iran strikes | Hormuz crisis | Bahrain attack | Russia-Ukraine war | World Cup final

The Centre on Tuesday (Jul 14) announced a series of emergency measures to protect Indian sailors operating in the conflict-hit waters of West Asia after missile attacks on two merchant vessels left one Indian seafarer dead and several others injured. Chairing a high-level review in New Delhi, Union Shipping Minister Sarbananda Sonowal said the government would adopt a "Seafarer First" approach, promising that every Indian working aboard ships in the Persian Gulf, the Strait of Hormuz and the Gulf of Oman would be individually tracked and supported.The meeting, attended by officials from the Ministries of External Affairs, Petroleum, Chemicals and Fertilisers, the Indian Navy, the Directorate General of Shipping and Indian missions in Iran and Oman, focused on the rapidly evolving security situation following attacks on MT Al Bahiyah and MT Mombasa.Also read | <a href="https://www.wionews.com/world/indian-sailor-killed-6-other-injured-as-iran-strikes-uae-tankers-in-strait-of-hormuz-grave-violation-of-international-law-1783990168971">Indian sailor killed, 8 other injured as Iran strikes UAE tankers in Strait of Hormuz: 'Grave violation' of international law</a><h2>Government to track every Indian sailor in the conflict zone</h2>Sonowal directed the Directorate General of Shipping to create a real-time dashboard monitoring every Indian seafarer in the region, regardless of the vessel's flag.The platform will track a vessel's location, ownership, cargo, crew strength, voyage details, threat level and the availability of medical and emergency facilities."There can be no compromise whatsoever on the safety and security of Indian seafarers," the minister said, while expressing grief over the death of an Indian crew member in the latest attacks.According to the ministry, the two vessels carried a total of 30 Indian sailors among their 46 crew members. One Indian lost his life, while another was injured aboard Al Bahiyah. On Mombasa, nine Indians sustained injuries, including two who remain in critical condition.<h2>Dedicated officers for affected families</h2>As part of the response, the government will appoint a dedicated liaison officer for every affected Indian seafarer.These officers will serve as the single point of contact for families, coordinating medical updates, repatriation, travel documents, compensation, unpaid wages and financial assistance through the Seafarers Welfare Fund.Officials have also been asked to work closely with Indian embassies in Iran, Oman and the UAE to obtain verified information on navigational safety, hospital facilities, evacuation plans and ongoing investigations.Also read | <a href="https://www.wionews.com/india-news/iran-diplomat-summoned-by-india-over-killing-of-indian-seafarer-off-oman-coast-1784006027204">Iran diplomat summoned by India over killing of Indian seafarer off Oman coast</a><h2>Fresh safety checks before every voyage</h2>Sonowal said no vessel should sail through the affected waters without a fresh security assessment and the professional approval of the ship's master in consultation with maritime authorities.Shipowners, vessel managers and recruitment agencies employing Indian sailors have also been instructed to confirm that crew members are not being compelled to undertake voyages without adequate information, protection or support.The government has simultaneously activated a 24x7 grievance and emergency support system for Indian seafarers and their families as concerns grow over the security of one of the world's busiest shipping routes. The domestic toll-free number is 1800-889-7768, while the international toll-free number is +1-888-988-0256. One can also send a message on WhatsApp to +91 8655856830 or email to enavik.24x7[at]gov[dot]in.

After an Indian sailor was killed in Iran's missile strike on two UAE tankers, the Centre has launched a 'Seafarer First' plan that includes real-time tracking of every Indian sailor in the conflict zone, dedicated family liaison officers and a 24x7 emergency helpline. 

The Centre on Tuesday (Jul 14) announced a series of emergency measures to protect Indian sailors operating in the conflict-hit waters of West Asia after missile attacks on two merchant vessels left one Indian seafarer dead and several others injured. Chairing a high-level review in New Delhi, Union Shipping Minister Sarbananda Sonowal said the government would adopt a "Seafarer First" approach, promising that every Indian working aboard ships in the Persian Gulf, the Strait of Hormuz and the Gulf of Oman would be individually tracked and supported. The meeting, attended by officials from the Ministries of External Affairs, Petroleum, Chemicals and Fertilisers, the Indian Navy, the Directorate General of Shipping and Indian missions in Iran and Oman, focused on the rapidly evolving security situation following attacks on MT Al Bahiyah and MT Mombasa. Also read | Indian sailor killed, 8 other injured as Iran strikes UAE tankers in Strait of Hormuz: 'Grave violation' of international law Government to track every Indian sailor in the conflict zone Sonowal directed the Directorate General of Shipping to create a real-time dashboard monitoring every Indian seafarer in the region, regardless of the vessel's flag. The platform will track a vessel's location, ownership, cargo, crew strength, voyage details, threat level and the availability of medical and emergency facilities. "There can be no compromise whatsoever on the safety and security of Indian seafarers," the minister said, while expressing grief over the death of an Indian crew member in the latest attacks. According to the ministry, the two vessels carried a total of 30 Indian sailors among their 46 crew members. One Indian lost his life, while another was injured aboard Al Bahiyah. On Mombasa, nine Indians sustained injuries, including two who remain in critical condition. Dedicated officers for affected families As part of the response, the government will appoint a dedicated liaison officer for every affected Indian seafarer. These officers will serve as the single point of contact for families, coordinating medical updates, repatriation, travel documents, compensation, unpaid wages and financial assistance through the Seafarers Welfare Fund. Officials have also been asked to work closely with Indian embassies in Iran, Oman and the UAE to obtain verified information on navigational safety, hospital facilities, evacuation plans and ongoing investigations. Also read | Iran diplomat summoned by India over killing of Indian seafarer off Oman coast Fresh safety checks before every voyage Sonowal said no vessel should sail through the affected waters without a fresh security assessment and the professional approval of the ship's master in consultation with maritime authorities. Shipowners, vessel managers and recruitment agencies employing Indian sailors have also been instructed to confirm that crew members are not being compelled to undertake voyages without adequate information, protection or support. The government has simultaneously activated a 24x7 grievance and emergency support system for Indian seafarers and their families as concerns grow over the security of one of the world's busiest shipping routes. The domestic toll-free number is 1800-889-7768, while the international toll-free number is +1-888-988-0256. One can also send a message on WhatsApp to +91 8655856830 or email to enavik.24x7[at]gov[dot]in.

After an Indian sailor was killed in Iran's missile strike on two UAE tankers, the Centre has launched a 'Seafarer First' plan that includes real-time tracking of every Indian sailor in the conflict zone, dedicated family liaison officers and a 24x7 emergency helpline.&nbsp;

New Delhi to track every Indian seafarer in Hormuz after deadly Iran tanker attack kills sailor, injures 10 others

U.S. ​President Donald ‌Trump on ​Monday ​told reporters in ⁠the ​Oval ​Office that he wants ​Gulf ​nations to reimburse ‌the ⁠United States for ​helping ​protect ⁠the Strait ​of ​Hormuz.


Trump Seeks Payment From Gulf Allies for Hormuz Security

India has lodged a strong protest with Iran after Iranian strikes on two ships in the Persian Gulf killed one Indian national and injured eight others. The Ministry of External Affairs summoned Iran's Deputy Chief of Mission, condemning the attacks and stressing the need to protect free and safe navigation through the Strait of Hormuz.


Indian Seafarer Killed, India Summons Iranian Diplomat

US President Donald Trump has said Gulf allies should reimburse the United States for the costs of protecting regional security amid the ongoing US-Iran conflict. The remarks come as tensions rise across the Middle East, with Washington increasing military operations and focusing on strategic areas including the Strait of Hormuz. The demand has sparked debate over defence spending, US commitments in the Gulf, and the future of American involvement in the region.

US-Iran War: Trump wants reimbursement from Gulf allies

New Delhi has formally summoned senior Iranian diplomats, including Deputy Chief of Mission Mohammad Javad Hosseini, following a lethal attack in the Strait of Hormuz. On July 14, 2026, two UAE-flagged oil tankers—the Mombasa and Al Bahiyah—were struck by Iranian cruise missiles while transiting the waterway’s southern shipping lane.


Iran diplomat summoned over killing of Indian seafarer

The&nbsp;biggest winners from the latest&nbsp;oil&nbsp;market turmoil&nbsp;may be the world's largest energy companies. But as&nbsp;profits&nbsp;surge, so does&nbsp;the political&nbsp;pressure. US President Donald Trump has launched a probe into alleged fuel price gouging, while European lawmakers are once again calling for windfall taxes on&nbsp;big&nbsp;oil. The second quarter is expected to be one of the strongest in years for global&nbsp;oil&nbsp;majors.&nbsp;After the closure of the Strait of Hormuz disrupted global&nbsp;oil&nbsp;flows, Brent crude briefly climbed above 100 dollars a barrel, pushing up crude and natural gas prices worldwide. Higher commodity prices are now expected to translate into bumper earnings for the world's largest&nbsp;oil&nbsp;companies, setting the stage for a record quarter across the energy sector.Analysts expect ExxonMobil to report between $16 and $19 billion in second-quarter profit, while Chevron's earnings are projected at nearly $10 billion.&nbsp;Also read: <a href="https://www.wionews.com/business-economy/china-s-110-billion-ai-pharma-boom-could-redefine-the-future-of-medicine-1784010211233">China's $110-billion AI pharma boom could redefine the future of medicine</a>&nbsp;This is more than three times their first-quarter results. US refiners, including Marathon Petroleum and Valero, are also expected to post their strongest&nbsp;profits&nbsp;in years. However, these gains have drawn&nbsp;political&nbsp;scrutiny. President Donald Trump has accused fuel retailers of keeping gasoline prices artificially high despite crude&nbsp;oil&nbsp;prices retreating and has ordered a federal investigation into possible price gouging.&nbsp;At the same time, some European lawmakers are demanding that&nbsp;oil&nbsp;companies contribute more towards climate adaptation measures. The&nbsp;oil&nbsp;industry argues that retail fuel prices do not move in lockstep with crude prices.Refiners say gasoline prices reflect multiple factors, including refining costs, fuel inventories, seasonal demand and supply disruptions. Companies also point to a time lag between changes in crude&nbsp;oil&nbsp;prices and prices at the pump.&nbsp;While gasoline prices in the United States have eased from their recent peaks, they remain higher than a year ago.As&nbsp;oil&nbsp;companies prepare to announce another quarter of exceptionally strong earnings, they also face growing&nbsp;political&nbsp;pressure over consumer fuel costs. This has emerged as a familiar cycle whenever geopolitical&nbsp;shocks send energy markets sharply higher.

Higher commodity prices are now expected to translate into bumper earnings for the world's largest oil companies, setting the stage for a record quarter across the energy sector.

The biggest winners from the latest oil market turmoil may be the world's largest energy companies. But as profits surge, so does the political pressure. US President Donald Trump has launched a probe into alleged fuel price gouging, while European lawmakers are once again calling for windfall taxes on big oil. The second quarter is expected to be one of the strongest in years for global oil majors. After the closure of the Strait of Hormuz disrupted global oil flows, Brent crude briefly climbed above 100 dollars a barrel, pushing up crude and natural gas prices worldwide. Higher commodity prices are now expected to translate into bumper earnings for the world's largest oil companies, setting the stage for a record quarter across the energy sector. Analysts expect ExxonMobil to report between $16 and $19 billion in second-quarter profit, while Chevron's earnings are projected at nearly $10 billion. Also read: China's $110-billion AI pharma boom could redefine the future of medicine This is more than three times their first-quarter results. US refiners, including Marathon Petroleum and Valero, are also expected to post their strongest profits in years. However, these gains have drawn political scrutiny. President Donald Trump has accused fuel retailers of keeping gasoline prices artificially high despite crude oil prices retreating and has ordered a federal investigation into possible price gouging. At the same time, some European lawmakers are demanding that oil companies contribute more towards climate adaptation measures. The oil industry argues that retail fuel prices do not move in lockstep with crude prices. Refiners say gasoline prices reflect multiple factors, including refining costs, fuel inventories, seasonal demand and supply disruptions. Companies also point to a time lag between changes in crude oil prices and prices at the pump. While gasoline prices in the United States have eased from their recent peaks, they remain higher than a year ago. As oil companies prepare to announce another quarter of exceptionally strong earnings, they also face growing political pressure over consumer fuel costs. This has emerged as a familiar cycle whenever geopolitical shocks send energy markets sharply higher.

Higher commodity prices are now expected to translate into bumper earnings for the world's largest&nbsp;oil&nbsp;companies, setting the stage for a record quarter across the energy sector.

Big oil profits meet political backlash

Brazilian President Luiz Inacio Lula da Silva has accused US President Donald Trump of turning America into a "pirate" state after Washington announced plans to charge ships a 20 per cent fee for transiting the Strait of Hormuz, one of the world's busiest maritime chokepoints. Trump on Monday (Jul 13) announced that the US would now be referred to as the "GUARDIAN OF THE HORMUZ STRAIT," and will begin collecting a 20 per cent toll on ships passing through the vital shipping route.This comes three weeks after US Secretary of State Marco Rubio insisted that no country can charge tolls through the Strait of Hormuz.Also read | <a href="https://www.wionews.com/world/indian-sailor-killed-6-other-injured-as-iran-strikes-uae-tankers-in-strait-of-hormuz-grave-violation-of-international-law-1783990168971">Indian sailor killed, 6 other injured as Iran strikes UAE tankers in Strait of Hormuz: 'Grave violation' of international law</a><h2>Lula slams US</h2>Speaking at a public event in São Paulo state on Monday, Lula mocked Trump's proposal to collect payments from commercial vessels in return for keeping the strategic waterway open."President Trump tweeted that he will unblock the Strait of Hormuz. But for every ship... the oil owner must pay him 20 per cent. This used to be considered piracy," Lula said. "A major nation like the United States... cannot now become a pirate," he added.His remarks come hours after Trump declared tolls and also announced the return of a naval blockade targeting Iranian ships and vessels trading with Tehran, while allowing all other maritime traffic to continue.<h2>Rubio's own words return to haunt White House</h2>Trump's announcement has also revived scrutiny of comments made by Secretary of State Marco Rubio less than a month ago.On June 23, Rubio argued that no country had the legal authority to impose tolls on ships using the Strait of Hormuz, describing the passage as an international waterway protected under international law."No country is allowed to charge tolls or fees on an international waterway," Rubio had said. "That's existing international law."Those remarks now appear to clash directly with Trump's latest policy, which would require commercial vessels to pay Washington for safe passage through the strait.Also read | <a href="https://www.wionews.com/india-news/india-formally-launches-campaign-for-un-security-council-seat-with-new-shanti-vision-what-it-means-1783991884972">India formally launches campaign for UN Security Council seat with new 'SHANTI' vision | Watch</a>The United Nations' International Maritime Organization echoed that position after Trump's announcement, saying there is "no legal basis" for imposing mandatory transit fees on ships using international straits.<h2>Oil prices and politics collide</h2>Lula linked the latest escalation in the Gulf to rising living costs in Brazil, saying higher oil prices have already pushed up the cost of fuel and everyday essentials, including beans, rice, tomatoes and onions.His government has introduced temporary measures to cushion consumers from rising fuel prices following the renewed conflict involving Iran, while revenue from a tax on crude oil exports introduced earlier this year is being used to offset some of the economic impact.

Donald Trump's plan to charge ships a 20 per cent fee for transiting the Strait of Hormuz has drawn sharp criticism from Brazil's President Lula, who accused the US of behaving like a 'pirate'. Scroll down to see why the proposal has also revived Marco Rubio's own words from just weeks ago.

Brazilian President Luiz Inacio Lula da Silva has accused US President Donald Trump of turning America into a "pirate" state after Washington announced plans to charge ships a 20 per cent fee for transiting the Strait of Hormuz, one of the world's busiest maritime chokepoints. Trump on Monday (Jul 13) announced that the US would now be referred to as the "GUARDIAN OF THE HORMUZ STRAIT," and will begin collecting a 20 per cent toll on ships passing through the vital shipping route. This comes three weeks after US Secretary of State Marco Rubio insisted that no country can charge tolls through the Strait of Hormuz. Also read | Indian sailor killed, 6 other injured as Iran strikes UAE tankers in Strait of Hormuz: 'Grave violation' of international law Lula slams US Speaking at a public event in São Paulo state on Monday, Lula mocked Trump's proposal to collect payments from commercial vessels in return for keeping the strategic waterway open. "President Trump tweeted that he will unblock the Strait of Hormuz. But for every ship... the oil owner must pay him 20 per cent. This used to be considered piracy," Lula said. "A major nation like the United States... cannot now become a pirate," he added. His remarks come hours after Trump declared tolls and also announced the return of a naval blockade targeting Iranian ships and vessels trading with Tehran, while allowing all other maritime traffic to continue. Rubio's own words return to haunt White House Trump's announcement has also revived scrutiny of comments made by Secretary of State Marco Rubio less than a month ago. On June 23, Rubio argued that no country had the legal authority to impose tolls on ships using the Strait of Hormuz, describing the passage as an international waterway protected under international law. "No country is allowed to charge tolls or fees on an international waterway," Rubio had said. "That's existing international law." Those remarks now appear to clash directly with Trump's latest policy, which would require commercial vessels to pay Washington for safe passage through the strait. Also read | India formally launches campaign for UN Security Council seat with new 'SHANTI' vision | Watch The United Nations' International Maritime Organization echoed that position after Trump's announcement, saying there is "no legal basis" for imposing mandatory transit fees on ships using international straits. Oil prices and politics collide Lula linked the latest escalation in the Gulf to rising living costs in Brazil, saying higher oil prices have already pushed up the cost of fuel and everyday essentials, including beans, rice, tomatoes and onions. His government has introduced temporary measures to cushion consumers from rising fuel prices following the renewed conflict involving Iran, while revenue from a tax on crude oil exports introduced earlier this year is being used to offset some of the economic impact.

Donald Trump's plan to charge ships a 20 per cent fee for transiting the Strait of Hormuz has drawn sharp criticism from Brazil's President Lula, who accused the US of behaving like a 'pirate'. Scroll down to see why the proposal has also revived Marco Rubio's own words from just weeks ago.

'Pirate state': Lula attacks Trump as Rubio's Hormuz remarks come back to haunt White House

As Iran and the U.S. refuse to budge, the tussle over the Strait of Hormuz is intensifying, dragging West Asia further into uncertainty. In the latest, Trump has announced 20% toll on ships in Strait of Hormuz. Where are things headed? Gravitas explains what's happened so far, decoding the developments and getting you the bigger picture. This and a lot more coming up.


Can Trump Bomb Defiant Iran Into Submission Over Hormuz?

The US military’s Central Command said on Monday that in the latest attacks on Iran, sea drones hit “a submarine and ship maintenance facility” at the Bandar Abbas Naval Base on the country’s southwest coast in the Strait of Hormuz.&nbsp;&nbsp;CENTCOM also shared a video in its social media post and said that the strikes were carried out using “three Corsair unmanned surface vessels … marking the first time American forces have employed sea drones in combat operations.”&nbsp;Also Read: <a href="https://www.wionews.com/world/uk-proscribes-iran-s-islamic-revolutionary-guards-as-terror-organisation-1783946588025">UK proscribes Iran’s Islamic Revolutionary Guards as terror organisation</a>&nbsp;“Last night’s strikes degraded Iran’s ability to continue attacking commercial shipping,” CENTCOM said.The black and white video shared in the post was labelled “unclassified” and showed a small watercraft approaching a raised dock structure holding what appeared to be a submarine before blowing up.&nbsp;&nbsp;

<blockquote class="twitter-tweet">Yesterday, using multiple one-way attack surface drones, CENTCOM forces successfully struck a submarine and ship maintenance facility in Iran. Three Corsair unmanned surface vessels hit the port at Bandar Abbas Naval Base, marking the first time American forces have employed sea… <a href="https://t.co/bOM2kmgRxz">pic.twitter.com/bOM2kmgRxz</a>&mdash; U.S. Central Command (@CENTCOM) <a href="https://x.com/CENTCOM/status/2076679617440530442?ref_src=twsrc%5Etfw">July 13, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

&nbsp;Also Read: <a href="https://www.wionews.com/india-news/baseless-misleading-piyush-goyal-slams-report-saying-india-rejected-quick-trade-deal-with-us-1783949852457">‘Baseless, misleading’: Piyush Goyal slams report saying India rejected quick trade deal with US</a><h2>Strait of Hormuz is closed again, claims Iran’s Persian Gulf Strait Authority</h2>&nbsp;Meanwhile, Iran’s Persian Gulf Strait Authority (PGSA) said in a social media post on Monday that the Strait of Hormuz is closed again.“Due to recent hostile actions by the US forces, passage through the Strait of Hormuz is currently unfeasible,” declared Persian Gulf Strait Authority declared in the post.&nbsp;Also Read: <a href="https://www.wionews.com/world/revenge-is-coming-soon-iranian-newspaper-warns-us-europe-leaders-in-front-page-headline-1783881732741">‘Revenge is coming soon,’ Iranian newspaper warns US, Europe leaders in front-page headline</a>&nbsp;“As soon as stability and calm are restored, all applications will be reviewed in accordance with the scheduled timeline, and the permitting process will resume,” the PGSA added, reminding vessels that in Iran’s view, “the sole means of obtaining a passage permit” to transit the strait is through its website.&nbsp;The PGSA was created by Iran during the war and Tehran insists that all commercial vessels wishing to transit the waterway seek permission via the agency and then use a northern route, close to Iran’s coast.

CENTCOM also shared a video in its social media post and said that the strikes were carried out using “three Corsair unmanned surface vessels … marking the first time American forces have employed sea drones in combat operations.”

The US military’s Central Command said on Monday that in the latest attacks on Iran, sea drones hit “a submarine and ship maintenance facility” at the Bandar Abbas Naval Base on the country’s southwest coast in the Strait of Hormuz. CENTCOM also shared a video in its social media post and said that the strikes were carried out using “three Corsair unmanned surface vessels … marking the first time American forces have employed sea drones in combat operations.” Also Read: UK proscribes Iran’s Islamic Revolutionary Guards as terror organisation “Last night’s strikes degraded Iran’s ability to continue attacking commercial shipping,” CENTCOM said. The black and white video shared in the post was labelled “unclassified” and showed a small watercraft approaching a raised dock structure holding what appeared to be a submarine before blowing up.

CENTCOM also shared a video in its social media post and said that the strikes were carried out using “three Corsair unmanned surface vessels … marking the first time American forces have employed sea drones in combat operations.”

US forces use sea drones to strike Iranian sub and ship maintenance facility in Hormuz | Watch

Hours after US President Donald Trump said the US would be "taking over" the strategically vital Strait of Hormuz and accusing Tehran of backing out of an agreement reached with Washington, he said 'Washington is reinstating a naval blockade on Iran'. He further said that the US will be reimbursed 20 percent on all cargo shipped through the Strait of Hormuz.&nbsp;"The Hormuz Strait is OPEN, and will remain OPEN, with or without Iran. We are reinstating the THE IRANIAN BLOCKADE, so named because it is only stopping Iran’s ships or customers from entering or leaving. All other countries will have fair and open use of the Strait," Trump wrote on Truth Social.&nbsp;He also said that US will be compensated for all cargo shipped through the Strait of Hormuz and “the process and formation will begin immediately.”&nbsp;“The U.S.A. will be, from this point forward, known as “THE GUARDIAN OF THE HORMUZ STRAIT,” but as such, and as a matter of FAIRNESS, will be reimbursed, at the rate of 20% on all cargo shipped, for any and all costs necessary to do the job of providing safety and security to this very volatile section of the World,” added Trump.<h2>“Taking over Hormuz”</h2>&nbsp;Speaking about the importance of Hormuz, nearly one-fifth of global oil and gas shipments pass through the strait.&nbsp;Earlier on Monday Trump said the United States is "taking over" the strategically vital Strait of Hormuz and accused Tehran of backing out of an agreement reached with Washington. He further said the US would act as the "guardian" of the key global oil shipping route.&nbsp;Speaking to "Fox &amp; Friends", Trump said, "We're taking over the strait. They've got nothing," and added that US should have addressed the threat from Iran "47 years ago."

While making the statement Trump said that the US will be reimbursed 20 percent on all cargo shipped through the Strait of Hormuz.

Hours after US President Donald Trump said the US would be "taking over" the strategically vital Strait of Hormuz and accusing Tehran of backing out of an agreement reached with Washington, he said 'Washington is reinstating a naval blockade on Iran'. He further said that the US will be reimbursed 20 percent on all cargo shipped through the Strait of Hormuz. "The Hormuz Strait is OPEN, and will remain OPEN, with or without Iran. We are reinstating the THE IRANIAN BLOCKADE, so named because it is only stopping Iran’s ships or customers from entering or leaving. All other countries will have fair and open use of the Strait," Trump wrote on Truth Social. He also said that US will be compensated for all cargo shipped through the Strait of Hormuz and “the process and formation will begin immediately.” “The U.S.A. will be, from this point forward, known as “THE GUARDIAN OF THE HORMUZ STRAIT,” but as such, and as a matter of FAIRNESS, will be reimbursed, at the rate of 20% on all cargo shipped, for any and all costs necessary to do the job of providing safety and security to this very volatile section of the World,” added Trump. “Taking over Hormuz” Speaking about the importance of Hormuz, nearly one-fifth of global oil and gas shipments pass through the strait. Earlier on Monday Trump said the United States is "taking over" the strategically vital Strait of Hormuz and accused Tehran of backing out of an agreement reached with Washington. He further said the US would act as the "guardian" of the key global oil shipping route. Speaking to "Fox & Friends", Trump said, "We're taking over the strait. They've got nothing," and added that US should have addressed the threat from Iran "47 years ago."

While making the statement Trump said that the US will be reimbursed 20 percent on all cargo shipped through the Strait of Hormuz.

'Reinstating naval blockade in Strait of Hormuz': US President Donald Trump

Amid rising tensions with Iran US President Donald Trump on Monday said the United States is "taking over" the strategically vital Strait of Hormuz and accused Tehran of backing out of an agreement reached with Washington. He further said the US would act as the "guardian" of the key global oil shipping route.&nbsp;Speaking about the importance of Hormuz, nearly one-fifth of global oil and gas shipments pass through the strait.&nbsp;Speaking to "Fox &amp; Friends", Trump said, "We're taking over the strait. They've got nothing," and added that US should have addressed the threat from Iran "47 years ago."&nbsp;ALSO READ: <a href="https://www.wionews.com/world/russia-tu-214pu-doomsday-aircraft-iran-us-iran-conflict-explained-1783941853939">Putin's mysterious Tu-214PU 'Doomsday plane' lands in Iran as US-Iran conflict spirals</a>&nbsp;He also said that US should be compensated for securing one of the world’s most strategically important shipping routes.&nbsp;"We're going to keep the strait, and we'll probably run it. We'll become the guardian of the strait. Maybe we'll call it the guardian angel of the strait. And we should be reimbursed for that," Trump further said.&nbsp;Trump while making the statement said, an 11-hour-long negotiation was held with Iranian leaders, during which "everything was agreed to", before Iran later began asking for changes.Though, he didn't specifically mention which agreement he was referring to.&nbsp;Speaking further he reiterated that the Iran's navy, air force and missile capabilities had been virtually destroyed and that several Iranian leaders had been killed, without giving evidences to the claims.&nbsp;<h2>UK proscribes IRGC as terror organisation</h2>&nbsp;Meanwhile, United Kingdom on Monday designated Iran’s Islamic Revolutionary Guard Corps (IRGC) as a terrorist organisation. The move, under the National Security (State Threats) Act, which came into force last week, will make it a criminal offence to support the IRGC in Britain and comes after years of political debate over whether the powerful Iranian military force should be banned. “I have rapidly designated three groups so those working for them will be tracked down and put behind bars,” said Home Secretary Shabana Mahmood. “I will leave no stone unturned to keep our country safe.”&nbsp;

Trump while making the statement also said that US should be compensated for securing one of the world’s most strategically important shipping routes.

Amid rising tensions with Iran US President Donald Trump on Monday said the United States is "taking over" the strategically vital Strait of Hormuz and accused Tehran of backing out of an agreement reached with Washington. He further said the US would act as the "guardian" of the key global oil shipping route. Speaking about the importance of Hormuz, nearly one-fifth of global oil and gas shipments pass through the strait. Speaking to "Fox & Friends", Trump said, "We're taking over the strait. They've got nothing," and added that US should have addressed the threat from Iran "47 years ago." ALSO READ: Putin's mysterious Tu-214PU 'Doomsday plane' lands in Iran as US-Iran conflict spirals He also said that US should be compensated for securing one of the world’s most strategically important shipping routes. "We're going to keep the strait, and we'll probably run it. We'll become the guardian of the strait. Maybe we'll call it the guardian angel of the strait. And we should be reimbursed for that," Trump further said. Trump while making the statement said, an 11-hour-long negotiation was held with Iranian leaders, during which "everything was agreed to", before Iran later began asking for changes. Though, he didn't specifically mention which agreement he was referring to. Speaking further he reiterated that the Iran's navy, air force and missile capabilities had been virtually destroyed and that several Iranian leaders had been killed, without giving evidences to the claims. UK proscribes IRGC as terror organisation Meanwhile, United Kingdom on Monday designated Iran’s Islamic Revolutionary Guard Corps (IRGC) as a terrorist organisation. The move, under the National Security (State Threats) Act, which came into force last week, will make it a criminal offence to support the IRGC in Britain and comes after years of political debate over whether the powerful Iranian military force should be banned. “I have rapidly designated three groups so those working for them will be tracked down and put behind bars,” said Home Secretary Shabana Mahmood. “I will leave no stone unturned to keep our country safe.”

Trump while making the statement also said that US should be compensated for securing one of the world’s most strategically important shipping routes.

Trump says US is 'taking over' Strait of Hormuz, seeks compensation for 'guarding it'

In a major geopolitical shift, the United States, Iraq, and Syria are reportedly finalizing a deal to restore the historic 800-kilometer Kirkuk-Baniyas oil pipeline. The project, dormant for decades and severely damaged since the 2003 Iraq war, is expected to be unveiled next week during Iraqi Prime Minister Ali al-Zaidi’s White House meeting with U.S. President Donald Trump.  


Reports: US, Iraq & Syria move to revive historic Kirkuk-Baniyas pipeline to bypass Hormuz

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