Skip to content
|Loading...
Share Gyan home
EBook

Third Night of US Strikes Triggers Wider Iran Retaliation

The United States launched a third consecutive night of military strikes on Iranian targets, prompting Iran to retaliate with missile and drone attacks across the Gulf, including against oil tankers and US military facilities, further escalating regional tensions and disrupting global energy markets.

Published By Share Gyan
Third Night of US Strikes Triggers Wider Iran Retaliation

The United States carried out military strikes on multiple locations across Iran for a third consecutive night on Monday, targeting key military facilities in Bushehr, Chabahar, Jask, Konarak, Abu Musa and Bandar Abbas in an operation lasting approximately five hours, according to US Central Command (CENTCOM). Washington said the strikes were intended to reduce Iran's ability to threaten commercial shipping and civilians in the Strait of Hormuz. In response, Iran's Islamic Revolutionary Guard Corps (IRGC) launched a series of retaliatory missile and drone attacks targeting US military installations in Bahrain, Kuwait and Jordan, while also striking two UAE-flagged oil tankers in the Strait of Hormuz. The renewed hostilities have significantly heightened tensions across the Gulf, with air raid sirens sounding in Bahrain and Jordan intercepting several incoming missiles. US President Donald Trump said military operations against Iran would continue under his wartime authority while maintaining that a diplomatic agreement remains possible. Meanwhile, Iran reaffirmed its determination to defend its strategic interests, including the Strait of Hormuz, as lawmakers advanced legislation concerning the waterway's management. The escalating conflict has also rattled global markets, pushing Brent crude oil prices above $81 per barrel and reducing shipping traffic through the Strait of Hormuz by more than 50 percent amid growing security concerns.

Democrats Score Major Victory in US Midterm Elections, Take Control of Senate

The Democratic Party has made significant gains in the 2026 US midterm elections, securing control of the Senate and moving closer to winning a majority in the House of Representatives. The results mark a major political setback for President Donald Trump and the Republican Party.

US Fed Holds Interest Rates Steady as Inflation and Living Costs Remain Major Concerns

The US Federal Reserve has kept interest rates unchanged despite persistent inflation and rising living costs, balancing price stability against a weakening labor market and growing economic risks.

Spain Train Collision Kills 68, Dozens Injured in Deadly Rail Disaster

At least 68 people have died and dozens more have been injured after two high-speed trains collided in central Spain on Wednesday morning. The crash sent several carriages off the tracks and raised initial concerns over a computer system failure and possible human error.

Anthropic Files for IPO, Eyes Potential $100 Billion Fundraising

Anthropic, the developer of Claude AI, has filed for an Initial Public Offering (IPO) in the United States, seeking a Nasdaq listing under the ticker symbol “ANT.” Reports suggest the offering could raise up to $100 billion at a valuation of $1.5 trillion to $2 trillion, potentially setting a new record for the world’s largest IPO.

Israel and US Elections Set to Shape Global Politics and Economic Outlook

Upcoming elections in Israel and the United States could have significant implications for Middle East security, the future of the conflict with Iran, US-Israel relations, and the global economy, with energy prices and military spending emerging as key concerns.

US Reportedly Suspends Green Card Processing for Eight Major IT Firms, Raising Concerns for Indian Workers

Reports claim that the Trump administration has suspended Permanent Labor Certification (PERM) processing for eight major technology companies, including TCS, Infosys, Wipro, HCL, Microsoft, Adobe, Cognizant, and Capgemini. If confirmed, the move could delay employment-based green card applications for some Indian IT professionals working in the United States. However, the reported suspension and its scope require official verification.