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At close · Fri, Jul 10, 2026
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U.S. and Iran exchange missile and drone strikes over Strait of Hormuz

The strikes were triggered by a dispute over the status of the Strait of Hormuz, a key waterway for global shipping.

CNBC reports that the United States and Iran exchanged missile and drone airstrikes again, amid conflicting claims about what is happening in the Strait of Hormuz.

The outlets said the exchanges are linked to a dispute over the status of the Strait of Hormuz, a major shipping corridor.

Officials on both sides offered different accounts of the situation as the missile and drone strikes continued.

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