US-Iran Tensions Escalate with New Strikes and Sanctions

Jul 8, 2026

70 min

Jul 8, 2026 19:30

US and Iran trade strikes: Trump says ceasefire ‘over’ after attacks on vessels in Hormuz, Bahrain and Kuwait

## US Strikes Iran

The United States has launched a series of strikes on Iran, targeting 80 sites, including military infrastructure and oil export hubs. This action follows attacks on commercial vessels near the Strait of Hormuz, which the US attributes to Iran. The strikes coincide with the revocation of a waiver that had allowed Iran to sell oil under a previous peace agreement.

## Ceasefire Declared Over

US President Donald Trump announced the end of a ceasefire with Iran, citing recent attacks on vessels in the Strait of Hormuz, Bahrain, and Kuwait. Trump expressed confidence that the military escalation would be resolved quickly, aiming to enhance regional safety.

## Regional Reactions

The Arab Parliament and Bahrain have condemned Iran's actions, labeling them as violations of international law. Bahrain reported intercepting missile and drone attacks targeting civilians, while the UAE condemned an attack on a Saudi tanker in the Strait of Hormuz.

## Diplomatic Efforts

Iran's Foreign Minister reached out to Qatar's Prime Minister, emphasizing the need for diplomatic solutions to avoid further escalation. Meanwhile, Pakistan urged both the US and Iran to adhere to a memorandum of understanding to prevent further conflict.

## Economic Impact

The conflict has caused oil prices to surge, with Brent crude rising above $80 per barrel. This increase reflects concerns over the security of the Strait of Hormuz, a critical passage for global oil supply.

Read the full story at the source

What you need to know to get Emirates ID?

Leave your details and get a guide as a gift to avoid mistakes

Article contents