Iran-US conflict escalates as the US resumes military strikes and naval blockade on Iran, imposing a 20% fee for shipping through the Strait of Hormuz. Iran vows retaliation amid rising oil prices and regional tensions.

The UAE calls the attack "brazen" after one person was killed and eight injured, while the US completes strikes aimed at degrading "Iran's ability to attack commercial shipping".

The United States and Iran each asserted Monday they controlled the Strait of Hormuz after a weekend of attacks stretching across the wider Middle East, further threatening any diplomacy to end the war.

The U.S. has reimposed a naval blockade on Iran and intensified its airstrike campaign in retaliation for Tehran’s attacks on ships trying to pass through the Strait of Hormuz.

President Donald Trump backed off an initial plan to impose a 20 percent toll in the Strait of Hormuz but affirmed U.S. plans to reinstitute a naval blockade in the waterway after Iranian attacks on c

U.S. strikes killed seven Iranian military personnel in the country’s southeast on Wednesday (July 15, 2026), the Iranian Army said, as the two countries ramped up their fighting. They were killed in a missile attack on a barracks close to the city of Iranshahr,

Iran said it launched missiles and drones against U.S. military sites.

The U.S.-Iran ceasefire is on the verge of collapse, and with it any prospect of restoring normal traffic through the Strait of Hormuz. Even if the agreement holds, transit fees, sea mines, billions in infrastructure damage,