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At close · Fri, Jul 10, 2026
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HomeGlobal MarketsTrade & TariffsU.S. and Iran trade strikes as Strait of Hormuz stando…

U.S. and Iran trade strikes as Strait of Hormuz standoff escalates

Iran said to have launched an attack on American military bases across several Gulf states after U.S. forces conducted a fresh wave of strikes.

An escalation in the Strait of Hormuz standoff saw the United States and Iran exchange strikes, according to CNBC Markets.

CNBC World reports that Iran responded to a fresh wave of strikes by U.S. forces by launching an attack on American military bases in several Gulf states.

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