Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomePMN BusinessUS Launches Fresh Strikes Against Iran as War Escalates AgainThe US military said it had launched a new wave of strikes against Iranian targets, following a threat from President Donald Trump to retaliate forcibly for a recent attack.Author of the article: You can save this article by registering for free here. Or sign-in if you have an account.(Bloomberg) — The US military said it had launched a new wave of strikes against Iranian targets, following a threat from President Donald Trump to retaliate forcibly for a recent attack.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an Account“U.S. forces began launching strikes against Iran at 8 p.m. ET today. The strikes are a powerful response to yesterday’s attempted Iranian attacks on U.S. forces based in the Middle East,” US Central Command said in a post on X.The US and Iran had paused an exchange of strikes at the end of last week in an effort to further diplomatic talks and bring an end to the months-long war. Yet that lull ended in dramatic fashion Tuesday night when Iran’s Islamic Revolutionary Guard Corps carried out a surprise assault, firing multiple ballistic missiles at a US military base in Jordan. US officials said all of the incoming missiles were intercepted, but the attack sent oil prices soaring as markets feared a return to all-out war. Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try again“We’re going to be hitting them very hard because it’s our turn to hit them,” Trump told reporters at the White House on Wednesday afternoon. “They know what’s coming. They’re asking us not to do it.”The resumption of hostilities had come just hours after Trump claimed Washington and Tehran were making progress in discussions and that he preferred a deal with Iran rather than ordering more strikes. Trump struck a fiery tone on Wednesday morning after Iran’s overnight attacks, telling a Fox News reporter in a phone interview that he intended to hit back “hard.”Instead of winding down, the Iran war appears to be expanding. The US and Saudi Arabia struck Iran-backed militias in Iraq on Tuesday, after Riyadh said it had countered drones launched by Iraqi groups targeting its oil facilities. Iran-backed Houthi militants in Yemen have also attacked vessels in the Red Sea. On Wednesday, fires broke out aboard two liquefied natural gas vessels at the Egyptian port of Damietta, with a security firm saying the vessels had been struck by drones.Oil prices had eased during the brief detente but rose again earlier Wednesday after Trump’s threats.The latest US response threatens to unravel recent efforts to prevent the Middle East conflict from broadening and offered a stark demonstration of how both sides are ready to resort to force. Trump has repeatedly claimed that the US and Iran were close to a deal even as Tehran has denied it was engaged in active talks with Washington.A prolonged conflict also poses political risks for Trump, whose Republican Party faces an uphill fight to retain control of Congress in November midterm elections. The election will largely hinge on the economy, with voters giving Trump poor marks on his handling of the issue. The war brought a sharp increase in gas prices as shipping through the energy-crucial Strait of Hormuz was effectively blocked. The strait remains largely closed with few ships passing through. Meanwhile, Centcom said earlier Wednesday that US forces “continue to strictly enforce the U.S. blockade against Iran.”—With assistance from John Harney, Meghashyam Mali and Jon Herskovitz.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.
US Launches Fresh Strikes Against Iran as War Escalates Again
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