The US launched a second attack on Iran, with Trump signaling a readiness to escalate war, causing oil prices to surge.
The US launched a second attack on Iran, with Trump signaling a readiness to escalate war if Iran continues its military operations, causing oil prices to surge.
On July 9, 2569 at 08.45:XNUMX p.m., Bloomberg News reported that The U.S. military launched an offensive against Iran for a second consecutive day, escalating tensions in the Middle East. This increases the risk of the already fragile temporary ceasefire collapsing, as energy markets closely watch the safety of oil shipments through the Strait of Hormuz.
U.S. Central Command (CENTCOM) stated through a statement that The latest operation was ordered by President Donald Trump to undermine Iran's ability to threaten freedom of navigation in the Strait of Hormuz, with the US stating that it wants Iran to be held accountable for attacks on commercial ships and civilian crews in vital global shipping lanes.
The attack came just hours after Trump said during a NATO summit in Turkey that the United States was likely to strike Iran again. Earlier, the US government launched an attack on Tuesday, revoking an exemption that allowed new oil transactions with Iran, in retaliation for the attack on ships in the Strait of Hormuz, which the US accuses Tehran of being behind.
The escalating conflict propelled Brent crude oil prices higher for the third consecutive day, soaring above $79 per barrel during the day before paring back its gains as investors worried that the violence could disrupt oil shipments through the Strait of Hormuz, a crucial route for roughly one-fifth of the world's crude oil exports.
While traveling back to Washington, D.C. Trump told reporters that "They attacked, so we retaliated even harder." Ready to accept that It's uncertain whether a full-scale war will erupt again, but if it does, it will likely end quickly. He also stated that while Iran wants to reach an agreement, he is not confident that Iran will be a trustworthy negotiating partner or that it will actually abide by the terms of the agreement.
The report states that The targets of the U.S. military in the latest round of attacks included Iran's air defense systems, command and control centers, coastal radar systems, and anti-ship missile capabilities. Additionally, cruise missiles were fired at two railway bridges in northern Iran to disrupt military transportation infrastructure.
An advisor to Iran's Supreme Leader announced via social media that Iran would retaliate against the United States immediately. Meanwhile, the Islamic Revolutionary Guard Corps (IRGC) claimed responsibility for attacking US bases in Kuwait and Bahrain in retaliation for the previous day's US attack.
The Kuwaiti military later revealed that its air defense system was dealing with missile and drone attacks, as both the United States and Iran accuse each other of violating the memorandum of understanding (MOU) that formed the basis of the temporary ceasefire and the commencement of 60-day peace talks.
Trump also threatened that the U.S. might reimpose a blockade of Iranian ports and escalate military operations by attacking critical infrastructure such as power plants and desalination plants if the situation did not improve. This was despite his later assertion that he would not obstruct negotiations between representatives of both sides and that he believed war might not erupt again.
However, the latest wave of violence has further dimmed the chances of peace negotiations, with talks between the United States and Iran remaining suspended while Iran observes a week-long period of mourning for Ali Khamenei, who died at the start of the conflict in late February.
Key issues that both sides still need to discuss. These include managing security in the Strait of Hormuz, unlocking billions of dollars in frozen Iranian funds, and resuming negotiations on Iran's nuclear program, which has yet to yield any concrete progress.
refer : www.bloomberg.com
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