Despite the unpopularity of the war in the U.S. and the widespread damage it has caused in Iran and to the global economy, the latest round of fighting has no clear off-ramp. Iran\u2019s Health Ministry said 55 people have been killed and over 600 wounded in strikes in recent weeks, as fighting escalated.<\/p>\n
US strikes sites across Iran and countries in the region are targeted<\/p>\n
An Associated Press journalist heard at least seven blasts Friday morning in the city of Irbil, the capital of Iraq\u2019s semi-autonomous Kurdish region, and saw at least four plumes of black smoke rising from areas near or inside a base at the city\u2019s airport.<\/p>\n
As the U.S. has bombed Iran, Tehran has targeted several countries in the region that host American troops. Bahrain sounded sirens twice on Friday; there were no immediate reports of damage.<\/p>\n
U.S. strikes hit a naval base for the Revolutionary Guard in the north of Iran, the Iranian semiofficial news outlets Fars and ISNA reported Friday morning. Blasts from U.S. bombardment overnight were also reported on Iran\u2019s Qeshm Island, a base for naval assets including drone boats that Iran can use to attack vessels in the Strait of Hormuz, as well as in Isfahan province, home to a major Iranian air base and one of Iran\u2019s nuclear sites. More strikes reportedly hit Iran\u2019s southwest Khuzestan province and southern Fars province.<\/p>\n
U.S. Central Command said the latest barrage was designed to \u201cfurther degrade Iran\u2019s ability to threaten civilian mariners and commercial vessels transiting regional waters\u201d as the Americans push to regain control over the Strait of Hormuz, through which a fifth of the world\u2019s oil and gas transited in peacetime.<\/p>\n
Houthis open a new front in the war<\/p>\n
Iran\u2019s ability to effectively close the Strait of Hormuz \u2014 and thus cause economic chaos far beyond the Middle East \u2014 gives it tremendous leverage in any negotiations. Its Houthi allies only increased that leverage when they targeted two Saudi oil tankers in the Red Sea on Thursday \u2014 increasing the risks of shipping through another vital route for Middle Eastern oil.<\/p>\n
Brent crude, the international standard, topped $100 a barrel in the wake of the attacks, though it has since come down.<\/p>\n
The attacks made good on the Houthis\u2019 threat to close the Bab el-Mandeb Strait to Saudi-linked shipping. The strait at the southern tip of the Arabian Peninsula connects the Red Sea to the Gulf of Aden, and around 12% of the world\u2019s trade, including a fourth of global container traffic, passes through there.<\/p>\n
That passage has become ever more crucial for Saudi Arabia, which has diverted millions of barrels of oil a day to its Red Sea port of Yanbu as a way of bypassing the Strait of Hormuz.<\/p>\n
U.S. President Donald Trump threatened \u201cmajor military punishment\u201d against the Houthis if their attacks on ships continue.<\/p>\n
Trump also warned Iran over its attacks on ships, saying on social media Thursday that sanctioned Iranian funds in U.S. possession will be used to cover the expense of fixing boats damaged in the war.<\/p>\n
\u201cPlease let this statement serve to represent, until further notice, that from this point forth, any and all damages done to Ships, Cargo, or anything related thereto, will be paid for by Iranian Money that the United States has in its possession, and controls,\u201d Trump said.<\/p>\n
It was unclear what legal mechanisms Trump would use to access and spend the funds.<\/p>\n
Iran\u2019s Foreign Minister Abbas Araghchi condemned the suggestion, writing on X that \u201conce governments normalize confiscation, no one\u2019s assets are safe. Ensuing chaos will not be pretty or peaceful.\u201d<\/p>\n
Iran says it has the right to manage traffic and potentially charge fees in the Strait of Hormuz, which was open to all toll-free before the war. It has attacked ships using a route through the strait that is overseen by U.S. forces and intended to be outside Tehran\u2019s control. <\/p>\n","protected":false},"excerpt":{"rendered":"Despite the unpopularity of the war in the U.S. and the widespread damage it has caused in Iran…\n","protected":false},"author":2,"featured_media":221103,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[14],"tags":[328,777,3368,197,196,94,768,9411,2222,463,82],"class_list":["post-221102","post","type-post","status-publish","format-standard","has-post-thumbnail","category-iraq","tag-business","tag-energy-industry","tag-fires","tag-general-news","tag-iran-war","tag-iraq","tag-military-and-defense","tag-oceans","tag-oil-and-gas-industry","tag-religion","tag-world-news"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116975075583847444","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/221102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=221102"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/221102\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/221103"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=221102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=221102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=221102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}