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

By Nayera Abdallah and Eman Abouhassira

Escalation of US-Iran Conflict and Regional Impact

DUBAI, July 19 (Reuters) - The U.S. said it had completed an eighth straight night of attacks against Iran after earlier announcing that at least two U.S. military personnel were killed in Jordan, while U.S. allies in the region reported more Iranian attacks on Sunday.

The U.S. military also confirmed a third death in recent days, saying a service member was killed on Saturday in northern Iraq, where the U.S. has military bases, during a controlled detonation of what Central Command called unexploded ordnance on a downed Iranian attack drone.

Breakdown of Recent Attacks and Military Movements

The U.S. and Iran have intensified attacks as an interim ceasefire agreement signed a month ago has unravelled and a struggle for control of the Strait of Hormuz, a vital shipping channel, has deepened, raising the risk of a return to all-out hostilities.

Israeli officials said Israel was preparing to receive more U.S. refuelling aircraft after the recent escalation, and ahead of a possible expansion of U.S. military operations against Iran.

Details of US Airstrikes

U.S. Central Command said the latest airstrikes, beginning at 6 p.m. EDT (2200 GMT) on Saturday, were 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." 

Even prior to Saturday's attacks from Iran, the U.S. had started moving additional assets to the Middle East, including aircraft such as fighter jets, a U.S. official told Reuters. 

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

Wider Conflict and Economic Impact

The conflict, which began when the U.S. and Israel attacked Iran on February 28 hoping to disable its nuclear and missile programs and degrade its regional proxies, has killed thousands of people, mostly in Iran and Lebanon, and led to major disruption to energy supplies and fears over global inflation.

Regional Responses and Further Attacks

Gulf States' Reactions

GULF STATES SAY THEY COME UNDER FRESH IRANIAN ATTACK

Iranian media said the U.S. carried out an attack near Sirik in southern Iran, and near Shadegan, close to the border with Iraq. An explosion was later reported in Abadan, in Iran's southwest. 

Iran's Atomic Energy Organization condemned a U.S. attack on the site of a nuclear power plant under construction in Darkhovin, Iran's Mehr news agency reported. The International Atomic Energy Agency said it was investigating reports of an overnight attack, noting that the plant was in the very early stages of construction. 

Iran's Counterstrikes

In response to the latest strikes, Iran carried out a drone attack on U.S. military assets and equipment at Kuwait's Al-Adiri camp and Ali Al Salem Air Base, Iranian state TV reported early on Sunday. Iran has hit both bases as part of its attacks against U.S. assets and allies in the Gulf over the past week.

Kuwait's government said a desalination plant had been attacked for the second day running, causing a fire, in what it called a direct strike on vital civilian infrastructure. Kuwait's armed forces said earlier they had again intercepted Iranian missiles, after a sustained Iranian attack on Saturday.  

Bahrain's air defenses also intercepted an Iranian attack on Sunday, its state TV reported. Sirens sounded in Jordan, where the military said it had shot down three Iranian missiles. The Israeli military said it had detected the launch of missiles from Iran toward the Jordanian city of Aqaba, on Israel's border. Jordan summoned Iran's charge d'affaires in protest against recent attacks. 

Impact on Shipping and Trade

In recent days both sides have taken aim at shipping traffic, with the U.S. saying it is enforcing a naval blockade on Iranian ports, and Iran saying it targets vessels violating its rules on navigating the Strait of Hormuz, which usually handles one-fifth of global oil trade.

Iran's Islamic Revolutionary Guard Corps said on Sunday four vessels had attempted to transit the strait via an "unsafe route" with U.S. backing after ignoring IRGC warnings. It said two had abandoned the attempt while the other two were involved in an "accident". It did not elaborate.

Casualties and Diplomatic Efforts

Deaths of US Service Members

DEATHS OF U.S. SERVICE MEMBERS

U.S. Central Command said the deaths of two of its service personnel had occurred on Friday in Jordan and that a third U.S. service member was missing in action. On Sunday, Central Command said in a statement that "unidentified remains" had been found at the site of Friday's attack and that "an examination process to verify the remains is ongoing."

The announcements, including Saturday's death in northern Iraq, bring the number of U.S. service members killed since the war began to 17, while more than 420 have been wounded.

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

Civilian and Regional Casualties

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 alone.

Overall, thousands have been killed in the conflict, mainly in Iran and in Lebanon, where a war between Israel and Iran-allied militant group Hezbollah was reignited.

Diplomatic Initiatives

U.S. Secretary of State Marco Rubio met Lebanese President Joseph Aoun on Sunday to discuss a U.S.-backed framework agreement signed in June. Aoun will meet U.S. President Donald Trump on Tuesday to present a plan for disarming Hezbollah and securing Israel's withdrawal from southern Lebanon. 

(Reporting by Nayera Abdallah and Eman Abouhassira in Dubai; Additional reporting by Enas Alashray and Hatem Maher in Cairo and Idrees Ali and Michael Martina in Washington; Writing by Lincoln Feast, Jonathan Allen and Gareth Jones; Editing by Sergio Non, Aidan Lewis and Matthew Lewis )

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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