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US renews strikes on Iran after two military personnel were killed by Iranian attack - Finance news and analysis from Global Banking & Finance Review
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US renews strikes on Iran after two military personnel were killed by Iranian attack

Published by Global Banking & Finance Review

Posted on July 18, 2026

5 min read

· Last updated: July 19, 2026

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US renews strikes on Iran after two military personnel killed by Iranian attack

Escalation of US-Iran Conflict and Its Regional Impact

By Enas Alashray, Hatem Maher and Michael Martina

WASHINGTON/CAIRO, July 19 (Reuters) - The U.S. said it had completed an eighth straight night of attacks against Iran after earlier announcing that two U.S. military personnel were killed in Jordan and another was missing ​following an Iranian attack.

The U.S. and Iran have intensified attacks since an interim ceasefire deal signed a month ago fell apart last week, raising the possibility of a return to all-out war.

Details of Recent US Airstrikes

U.S. Central Command said in a statement that the airstrikes began at 6 p.m. ET (2200 GMT) on Saturday, at President Donald Trump's direction.

"The strikes are designed to further degrade Iran's ability to threaten commercial shipping in the Strait of Hormuz and swiftly punish Islamic Revolutionary Guard Corps forces who launched attacks against American service members in Jordan last night," it said.

Central Command later said it had completed its wave of attacks, hitting Iranian military coastal surveillance and air defence facilities.

Iranian Response to US Actions

Iran's Mehr news agency said the U.S. carried out an attack near Sirik in southern Iran, adding that no casualties or damage to infrastructure have been reported. The Tasnim news agency said the U.S. military also targeted a location near Shadegan, close to the border with Iraq.

The Iranian army then carried out a drone attack that targeted U.S. military assets and equipment at Kuwait's Al-Adiri camp and Ali Al Salem Air Base, Iran's state TV reported early Sunday, citing a statement from the army.  Both bases were targeted as part of Iran's attacks against U.S. assets and allies in the Gulf since last week.

Casualties and Official Statements

Central Command said the two deaths occurred on Friday and that a third U.S. service member was missing in action. The announcement brought the number of U.S. service members killed since the war began to 16, while more than 420 have been wounded.

U.S. Defense Secretary Pete Hegseth posted on X: "Their sacrifice only stiffens our resolve."

Wider Regional Escalation

Iran appeared to target Saudi Arabia as well as other U.S. Gulf allies and Jordan on Saturday after U.S. attacks on Iranian bridges, power facilities and other infrastructure.

In a written statement carried by the official social media accounts of Iran's supreme leader and Iranian state media, Supreme Leader Ayatollah Mojtaba Khamenei said U.S. actions have shown that Trump's signature was "utterly worthless and devoid of credibility."

The statement warned of "even heavier costs and further humiliation" for the United States. The White House did not immediately respond to a request for comment.

Khamenei's whereabouts remain a mystery.

Origins and Broader Consequences of the Conflict

The conflict, which began when the U.S. and Israel launched strikes on Iran at the end of February hoping to disable its nuclear and missile programmes and degrade its regional proxies, has led to major disruption to energy supplies, fears over global inflation and a battle for control of the Strait of Hormuz.

Iranian Strikes Reported in Kuwait, Bahrain, Jordan, Saudi Arabia

Attacks in Kuwait

On Saturday, Kuwait came under sustained attack, with the armed forces saying they had intercepted Iranian ballistic missiles and drones, and that some firefighters and oil sector workers had been injured while responding to the attacks. 

Iran's IRGC said it had struck a U.S. military support centre at Kuwait's Camp Arifjan and destroyed a radar facility at Ali Al Salem Air Base. Kuwait Petroleum Corporation later said one of its oil facilities had been hit in "repeated Iranian attacks", causing significant damage and some injuries, according to the state news agency.

Attacks in Bahrain and Jordan

The IRGC also targeted a site in Bahrain where U.S. combat aircraft were gathered at Sheikh Isa Air Base and an intelligence data centre, Iranian media said.

The Guards also destroyed at least two U.S. fighter aircraft and three other aircraft during a missile and drone attack early on Saturday on the U.S. base in Al Azraq, Jordan, according to Iranian state TV.

Reuters could not independently verify the reports.

Attacks in Saudi Arabia

Saudi Arabia's early warning system issued alerts early on Saturday urging residents of Al-Kharj and Yanbu to seek shelter. Al-Kharj, east of Riyadh, is home to a military base that hosts U.S. troops, while Yanbu, on the Red Sea, has a key oil export terminal.

Two people briefed on the matter said an Iranian missile attack, the first on Saudi Arabia in more than three months, had triggered the alerts. The government media office did not respond to a request for comment.

The IRGC made no mention of any attack on Saudi Arabia.

US State Department Response

The U.S. State Department issued a worldwide travel alert for Americans abroad on Saturday, citing heightened tensions in the Middle East "with the potential for unforeseen escalation." The advisory said flight cancellations and periodic airspace closures could disrupt travel. 

Battle for Control of the Strait

US and Iranian Military Actions in the Strait of Hormuz

Earlier, U.S. Central Command said it had hit Iranian surveillance sites, military logistics infrastructure, underground weapons storage and maritime capabilities.

U.S. airstrikes early on Saturday killed three people and wounded eight others in the southern Hormozgan province, which borders the Strait of Hormuz, while two bridges and a road tunnel were damaged, Iranian state TV reported.

Iran's Health Ministry said on Saturday that 50 people had been killed and more than 500 wounded in U.S. strikes on the country over the past three weeks.

Strategic Importance of the Strait

Iranian Foreign Ministry spokesperson Esmaeil Baghaei accused the United States of seeking control over the Strait of Hormuz, which usually handles around one-fifth of the world's oil supply. 

Both sides have taken aim at shipping traffic, with the U.S. saying it is enforcing a naval blockade and Iran saying it targets vessels violating its rules on navigating the strai

Key Takeaways

  • Two U.S. personnel killed and one missing following Iranian attack in Jordan involving ballistic missiles and drones, per CENTCOM (apnews.com)
  • U.S. launched strikes beginning 6 p.m. ET (2200 GMT) aimed at degrading Iran’s capacity to threaten shipping through the Strait of Hormuz (apnews.com)
  • The broader conflict, which began in February, has severely disrupted energy markets and global shipping, with the Strait of Hormuz effectively closed and oil supplies under significant strain (apnews.com)

References

Frequently Asked Questions

Why did the US launch new strikes on Iran?
The US launched new strikes on Iran after two US military personnel were killed in Jordan following an Iranian attack.
How does the US-Iran conflict affect global finance?
The ongoing conflict disrupts energy supplies, leading to concerns over global inflation and oil market instability.
Which regions were targeted in the latest Iranian strikes?
Recent Iranian strikes targeted sites in Kuwait, Bahrain, Jordan, and Saudi Arabia, affecting both military and oil infrastructure.
What is the significance of the Strait of Hormuz in this conflict?
The Strait of Hormuz is critical for global oil shipments. Escalating conflict threatens commercial shipping and energy markets.
How many US casualties have occurred since the conflict began?
Since the conflict began, 16 US service members have been killed and over 420 wounded.

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