US Launches New Wave of Strikes on Iran, Reimposing Naval Blockade
The United States launched a new wave of airstrikes against Iran on Wednesday, targeting military installations including an army base in Bampur where at least seven Iranian personnel were killed, and sites near Bushehr in the southwest. The strikes came alongside the reimposition of a full US naval blockade of all Iranian ports — a measure the Trump administration had briefly lifted as part of a now-collapsed diplomatic track. President Trump had previously threatened to escalate to strikes on Iranian power plants and bridges if Tehran did not return to negotiations by the following week.
Iran's Islamic Revolutionary Guard Corps responded by threatening to close 'all other export corridors that benefit the US and its allies,' beyond the Strait of Hormuz, which Iran had already shut. The confrontation reignited a conflict that began in February 2026, with a prior memorandum of understanding between the two sides having failed to hold. The UN's humanitarian coordination office condemned attacks on Iranian relief workers and medical infrastructure, while the IMF warned that global strategic petroleum reserves — which had cushioned an earlier oil price shock — are running dangerously low.
The standoff carries major implications for global energy markets, with Iranian threats to block the Strait of Hormuz and other Gulf shipping lanes capable of disrupting a significant share of global oil exports. Israeli Prime Minister Netanyahu announced plans to travel to Washington to meet with Trump, while Iran's foreign minister visited Doha for diplomatic contacts. The conflict has also drawn in regional actors, with a drone coming down at Iraq's Faw port and Cuba suffering its third nationwide blackout in two weeks partly attributed to US energy pressure on its suppliers.
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