US carries out fresh strikes against Iran after tanker struck in Hormuz, escalating hostilities - Headlines news and analysis from Global Banking & Finance Review
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US carries out fresh strikes against Iran after tanker struck in Hormuz, escalating hostilities 

Published by Global Banking & Finance Review

Posted on June 27, 2026

6 min read

· Last updated: June 27, 2026

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US carries out fresh strikes against Iran after tanker struck in Hormuz, escalating hostilities

By Jana Choukeir and Jasper Ward

Escalation of US-Iran Tensions in the Strait of Hormuz

DUBAI/WASHINGTON, June 28 (Reuters) - The U.S. military said it struck Iran again, hours after a tanker was hit in the Strait of Hormuz, in the worst escalation since the two sides signed an interim peace deal two weeks ago.

Each of the warring sides has accused the other of violating the agreement reached two weeks ago to end the four-month-old conflict.

US Response and Official Statements

"There may come a point when we are no longer able to be reasonable, and will be forced to militarily complete the job that we very successfully started. If that happens, the Islamic Republic of Iran will no longer exist!" U.S. President Donald Trump posted on social media on Saturday.

U.S. Central Command said its forces carried out fresh strikes after a Panama-flagged tanker was attacked by an Iranian drone early on Saturday. In Iran, state broadcaster IRIB said early Sunday local time that explosions were heard in Sirik in southern Iran, without providing further details. 

Details of the Strikes

"Iran was given a chance to honor the ceasefire agreement but elected not to," U.S. Central Command said in a statement. It said the strikes were "in direct response to continued Iranian aggression against commercial shipping" and targeted Iranian military surveillance, communications, air defense, drone storage and mine-laying facilities. 

A U.S. defense official later reported that the strikes on Iranian targets were complete, according to Fox News. 

Sequence of Attacks and Maritime Security Impact

Washington said earlier that it hit Iranian targets overnight. Iran said it responded on Saturday by striking targets linked to U.S. forces.

Attacks on Shipping in the Strait

Saturday's attack on a tanker in the strait followed another on a cargo ship on Thursday that triggered the latest escalation. Iran has made a fresh bid to assert control over the world's most important energy shipping route, which has begun to reopen after months of disruption.

Britain's UKMTO maritime security agency said the tanker hit on Saturday had sustained damage to its bridge, with all crew reported safe. The Joint Maritime Information Center, run by a coalition of navies protecting shipping, raised its security threat level as a result of recent incidents.

Iran's Position on Shipping Attacks

Iran has not directly commented on reports of specific attacks on ships. But Iranian state television reported that the Revolutionary Guards fired "warning shots" toward unspecified vessels attempting to pass through channels not approved by Iran, and that this was now prompting other ships to seek Iranian permits before attempting to cross the strait.

Regional Responses and Broader Implications

Earlier, Iran's foreign ministry said it launched "defensive" attacks on U.S.-linked military targets, while Bahrain, which hosts the U.S. Navy's regional headquarters, reported an Iranian drone attack. The U.S. military did not immediately respond to the reports.

Lebanon and Israel: Ceasefire and Conflict

IRAN ASSERTS CONTROL OVER VITAL STRAIT

Iran has accused the United States of not upholding the interim agreement, in particular by not sustaining a promised ceasefire in Lebanon, which U.S. ally Israel invaded in March in pursuit of the Iran-backed militant group Hezbollah.

Israel and Lebanon have repeatedly agreed to U.S.-brokered ceasefires, the latest of which was announced on Friday. But these have had only limited overall impact, with Israel insisting it will not withdraw from territory it has seized and Hezbollah repeatedly rejecting calls to give up its arms as long as Israeli troops remain in place.

Recent Strikes and Political Reactions

Lebanese state television reported an Israeli drone strike on Saturday in the Nabatiyeh area in the south, which has experienced Israeli strikes throughout the conflict. The Israeli military said it had targeted a person who posed a threat to its forces.

Hezbollah leader Naim Qassem rejected the day-old Israel-Lebanon agreement as a surrender, and said it was "null and void."

With hundreds of thousands of Lebanese, mainly Shi'ite Muslims, still unable to return to homes in Israeli-occupied areas, anger over the agreement has spread beyond Hezbollah to the wider Shi'ite community.

Israeli Defence Minister Israel Katz praised the agreement, saying it allows Israel to maintain its occupation of a so-called security zone in Lebanon and bars the return of displaced residents. 

Iran's Broader Regional Actions

Mohsen Rezaei, an adviser to Iran's supreme leader, said Washington had violated the war-ending memorandum of understanding by supporting what he called proxy forces in the region and creating tensions in the Strait of Hormuz.

Iran has also struck neighbouring Gulf states that host large U.S. military bases. Iranian state television said the Revolutionary Guards had delivered "a decisive response" after U.S. forces hit a communications tower in the port city of Sirik. Iran's Mehr news agency said the Iranian port was operating normally with no damage reported to facilities or equipment.

Bahrain said Iran's latest attacks violated the memorandum of understanding.

Impact on Global Oil Markets and Shipping Routes

Hundreds of ships, including tankers laden with oil, have been blockaded inside the Gulf since war broke out. As they began leaving through the strait over the past two weeks, oil prices have tumbled close to pre-war levels on the surge in supply.

Competing Shipping Lanes

Washington has been promoting a southern lane along the coast of Oman, while Tehran, which ultimately aims to charge fees for use of the strait, wants ships to use a northern route through its waters and under its control.

Iran's Warning to Shipping

Ebrahim Azizi, head of the Iranian parliament's national security committee, said on Saturday that any violation of Iran's shipping instructions would be met decisively. 

US Position and Future Outlook

U.S. Vice President JD Vance, Trump's chief negotiator on the conflict, said the Americans had adhered to the ceasefire deal and blamed Iran for any return to conflict that might result from its actions.

"Iran signed a ceasefire agreement. We have honored it. If they have disagreements about ho

Key Takeaways

  • The USS Central Command said the strikes targeted Iranian surveillance, communications, air defense, drone storage, and mine‑laying facilities, in response to continued ‘Iranian aggression against commercial shipping’—including a drone attack on the M/T Kiku carrying over 2 million barrels of crude. (dvidshub.net)
  • The Panama‑flagged tanker Kiku sustained bridge damage; all crew were reported safe, prompting the Joint Maritime Information Center to raise the threat level in the Strait of Hormuz. (seatrade-maritime.com)
  • This is the worst escalation since the interim peace deal was signed two weeks earlier, following a prior attack on the Singapore‑flagged M/V Ever Lovely and a cycle of tit‑for‑tat strikes between the US and Iran. (theguardian.com)

References

Frequently Asked Questions

Why did the US strike Iran in the Strait of Hormuz?
The US carried out fresh strikes against Iran after an Iranian drone attacked a Panama-flagged tanker in the Strait of Hormuz, citing continued Iranian aggression against commercial shipping.
What was the impact of the tanker attack in the Strait of Hormuz?
The attacked tanker sustained damage to its bridge, but all crew were reported safe. The incident heightened security threat levels and raised global concerns over shipping disruptions.
How has Iran responded to recent US military actions?
Iran claimed to have conducted defensive attacks on US-linked targets, asserted control over vital shipping channels, and fired warning shots at vessels not following Iranian-approved routes.
What role does the Strait of Hormuz play in global trade?
The Strait of Hormuz is a crucial maritime chokepoint, serving as the world's most important energy shipping route, where disruptions can impact global oil markets and trade.
Has there been an agreement to reduce hostilities between the US and Iran?
An interim peace deal was signed two weeks prior to these incidents, but both sides have accused each other of violating the agreement, escalating tensions once more.

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