U.S. strikes Iran for third day, will reimpose blockade
The United States has launched a third night of military strikes against Iran, targeting coastal facilities to degrade the nation's ability to disrupt commercial shipping. President Trump has announced plans to reimpose a blockade on Iranian ports and implement a 20% fee on cargo passing through the Strait of Hormuz, while Iran continues to retaliate with missile and drone strikes against U.S. allies in the region.
Why it matters
The escalation threatens to destabilize global energy markets and international maritime trade, as oil prices have already surged due to the renewed conflict in the Strait of Hormuz.
The United States launched a third night of strikes on Iran as President Donald Trump planned to reimpose a blockade on Tuesday (July 14, 2026) on Iranian ports and floated a 20% fee on cargo in the vital Strait of Hormuz.
President Trump said a deal with Tehran was still possible even as attacks were carried out, with Iran striking two ships in the strategic waterway and killing one crew member, according to the United Arab Emirates.
The U.S. military said its five-hour mission hit targets across Iran including coastal Bushehr and Bandar Abbas to "degrade Iran's ability to attack commercial shipping".
After the strikes, Iran's Revolutionary Guards announced they had in turn fired missiles and drones on Bahrain, targeting a residential building for U.S. forces and other facilities.
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