War in West Asia LIVE: Trump claims a deal is still "possible" while the United States strikes Iran for the third night.
According to U.S. Central Command, "these strikes will continue to impose a heavy cost on Iranian forces and degrade their ability to attack innocent civilians and commercial shipping in the Strait of Hormuz."
Even as U.S. President Donald Trump stated that a deal with Tehran was still possible, the United States launched a new round of strikes against Iran early on Tuesday, July 14, 2026, signaling a new escalation in the restart of hostilities.
"We're going to strike them hard both tonight and tomorrow." On Monday, Mr. Trump told Hugh Hewitt, a conservative radio broadcaster.
Fears of a potential battle caused oil prices to rise more than 9%.
According to U.S. Central Command, "these strikes will continue to impose a heavy cost on Iranian forces and degrade their ability to attack innocent civilians and commercial shipping in the Strait of Hormuz."
According to Fars News, Iran's Revolutionary Guards claim to have used ballistic missiles to target the U.S. Air Base in Jordan.
As the U.S. reinstituted its naval blockade of Iran and the two nations intensified their attacks in the Strait of Hormuz, raising concerns about energy flows, oil prices surged about 3% today to their highest level in four weeks.
At 03:30 GMT, U.S. West Texas Intermediate crude increased $1.70, or 2.2%, to $79.84 a barrel, while Brent crude futures were up $1.50, or 1.8%, to $84.80 per barrel.
Brent had increased 9.6% in the previous session, its largest daily gain since May 2020, while both contracts had previously risen more than $2 per barrel before reversing some gains.
Since the two nations signed a memorandum of understanding to cease the war on June 17, oil prices have reached their highest point.
"We're going to strike them hard both tonight and tomorrow." On Monday, Mr. Trump told Hugh Hewitt, a conservative radio broadcaster.
Fears of a potential battle caused oil prices to rise more than 9%.
According to U.S. Central Command, "these strikes will continue to impose a heavy cost on Iranian forces and degrade their ability to attack innocent civilians and commercial shipping in the Strait of Hormuz."
According to Fars News, Iran's Revolutionary Guards claim to have used ballistic missiles to target the U.S. Air Base in Jordan.
As the U.S. reinstituted its naval blockade of Iran and the two nations intensified their attacks in the Strait of Hormuz, raising concerns about energy flows, oil prices surged about 3% today to their highest level in four weeks.
At 03:30 GMT, U.S. West Texas Intermediate crude increased $1.70, or 2.2%, to $79.84 a barrel, while Brent crude futures were up $1.50, or 1.8%, to $84.80 per barrel.
Brent had increased 9.6% in the previous session, its largest daily gain since May 2020, while both contracts had previously risen more than $2 per barrel before reversing some gains.
Since the two nations signed a memorandum of understanding to cease the war on June 17, oil prices have reached their highest point.
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