Reports indicate Iran's Supreme Leader Mojtaba Khamenei was pulled from the rubble of a Tehran hospital following joint US and Israeli strikes.

President Donald Trump abruptly returned to the White House from Camp David as escalating regional tensions and energy market impacts unfold.

The U.S. military destroyed five Iranian oil tankers in retaliatory strikes following ballistic missile attacks on American warships by the IRGC.

Tensions escalated in the Strait of Hormuz after Iranian forces claimed to target a US drone vessel, an assertion denied by Washington amid naval clashes.

US and Saudi Arabian forces launched coordinated airstrikes against Iran-aligned militia sites across Iraq, killing at least 20 fighters following an Iranian missile attack on Jordan.

The United States and Iran suspended military strikes for consecutive nights, creating a temporary opening for diplomatic channels to gain traction.

Brent crude and WTI prices surged on July 17, 2026, as renewed military strikes between the U.S. and Iran raise fears of disruptions to global oil corridors.

U.S. forces conducted a wide-ranging offensive against Iranian military infrastructure following attacks on commercial shipping. The IRGC retaliated with strikes against U.S. bases in Kuwait and Bahrain.