US pounds Iran, Tehran strikes back at bases in biggest exchange since July

Summary

US and Iranian forces exchanged their biggest fire since July, with strikes hitting Iran’s southern coast and US bases across the region. The renewed conflict has raised oil prices, rattled global markets, and deepened fears of a wider war.

Key Points
  • US forces struck Iran’s southern coast, targeting air defences, radar systems, maritime assets and communications sites.
  • Iran retaliated with missile and drone attacks on US-linked bases in Bahrain, Jordan, Kuwait and Iraq.
  • Iran accused the US of hitting a wedding party in Sirik, saying five people were killed and dozens wounded.
  • The fighting pushed oil prices higher and sent Asian and European stocks lower amid concerns over disrupted energy supplies.
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