US-Iran strikes ninth day
Analysis based on 19 articles · First reported Jul 19, 2026 · Last updated Jul 20, 2026
Oil prices surged 3% as Brent Crude exceeded $90 per barrel due to heightened tensions and threats to shipping through the Strait of Hormuz. The conflict risks further energy supply disruptions and global inflationary pressures.
The United States and Iran have engaged in a ninth consecutive day of strikes, with US Central Command launching a new wave of attacks aimed at degrading Iran's ability to target commercial vessels in the Strait of Hormuz. Iran's Tasnim news agency reported US missiles struck several Iranian cities. The conflict has resulted in 17 US military deaths and over 420 wounded since the war began on February 28. Iran's Islamic Revolutionary Guard Corps announced a strike against a US special operations headquarters in Syria's Al-Tanf area. Iran also conducted a drone attack on US assets in Kuwait, and Kuwait reported a desalination plant was hit for the second day. Oil prices rose 3%, with Brent Crude surpassing $90 per barrel. The interim ceasefire signed a month ago has unraveled, raising concerns over energy supply disruptions and global inflation.
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