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At close · Thu, Jul 16, 2026
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HomeCommoditiesEnergyUS expands strikes on Iranian targets as Tehran retali…

US expands strikes on Iranian targets as Tehran retaliates across the Gulf

OilPrice said WTI was trading higher at $81.67 and Brent at $86.79 shortly before the latest reported phase of strikes, with the Strait of Hormuz area remaining a focus.

US forces stepped up attacks on Iranian sites, with US Central Command saying the new wave of strikes marked the sixth consecutive night aimed at degrading Iranian military capabilities, according to OilPrice.

CENTCOM said the operations used fighter jets, aerial drones, and warships launching precision munitions that hit dozens of Iranian military targets including coastal surveillance and air defense sites, military logistics infrastructure, and maritime capabilities, the outlet reported.

OilPrice also noted that Iranian state media reported explosions and attacks at several sites in the early hours of July 17, though CENTCOM did not specify its areas of operations.

The outlet said reporting centered on strikes around the Gulf island of Qeshm near the Strait of Hormuz, along with reports of damage to an airport in Iranshahr and a bridge in Bandar Khamir, while the White House said diplomacy remained a viable option and talks were still under way.

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