On August 30, 2026, United States forces struck Iranian Revolutionary Guard Corps rocket launchers on the Strait of Hormuz, breaking a month-long lull in a six-month conflict. The strike targeted forces preparing to deploy sea mines. Iran retaliated with missile and drone strikes against U.S. bases in Jordan, Qatar, and other Gulf states, prompting Jordan to intercept eight missiles. The escalation caused Brent crude to jump 3.4% to $91.10 per barrel and led to a decline in U.S. stock futures.
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