US President Donald Trump. (File photo)US-Israel vs Iran War News Highlights: Two foreign oil tankers were attacked in Iraq’s port of al-Faw even as Kuwait, Qatar, UAE and Saudi Arabia continued to intercept more Iranian missiles and drones. The strike comes hours after a Thai cargo vessel was hit in the Strait of Hormuz, and drones struck fuel tanks in Oman’s port of Salalah, according to AlJazeera. Projectiles also struck three vessels in Gulf waters, port, maritime security and risk firms have said, Reuters quoted. The latest attacks mark an escalation in the conflict between Iran and US-Israeli forces, raising the number of ships struck in the region since fighting began to at least 16.
The 13-day-old American-Israeli campaign against Iran has shifted from a localised military exchange into a high-stakes war of economic attrition. As US airstrikes surpass 5,500 targets, Tehran is increasingly leaning into its most potent asymmetric lever: the strangulation of global energy markets. With the strait—which handles roughly 20% of the world’s oil—effectively closed to safe passage, the International Energy Agency (IEA) has authorised a historic release of 400 million barrels of emergency reserves to prevent a total market collapse.

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On the ground, the humanitarian and political toll continue to mount. Lebanon is facing a fresh displacement crisis as Israeli forces target Hezbollah infrastructure, while in Tehran, the status of the new Supreme Leader, Ayatollah Mojtaba Khamenei, remains a subject of intense speculation following reports he was wounded in the opening salvos of the war.
5 key developments today
- Shipping crisis: A Thai cargo vessel, the Mayuree Naree, was struck north of Oman; 20 crew members were rescued, while three remain missing in the engine room. At least 12 maritime incidents have been confirmed since the war began.
- Oil shock: The IEA agreed to a record-breaking release of emergency oil stocks to stabilize soaring prices. South Korea alone will release 22 million barrels, as the Trump administration describes the Hormuz closure as a “temporary transit problem.”
- Lebanon under pressure: The UN is urging the disarmament of Hezbollah as the Lebanese government attempts to ban the group’s military activities. Displacement in Lebanon has reached 780,000 people.
- High-tech warfare: US Central Command confirmed the use of “advanced AI tools” to identify and strike over 5,500 targets in Iran, claiming a drastic reduction in Iran’s missile manufacturing capacity.
- Diplomatic fractures: The US Embassy in Baghdad has urged all American citizens to depart Iraq immediately via land borders as Iranian-backed militias ramp up attacks on diplomatic facilities.
Big picture: “In today’s context, sending warships or civilian vessels into the Strait of Hormuz would be suicidal,” says retired French Vice Adm. Pascal Ausseur. The question now facing Washington and Jerusalem is whether military gains against Iranian infrastructure can outpace the mounting economic damage to the West.
The Indian Express Global Desk is providing minute-by-minute updates, including exclusive satellite analysis of the strikes in Tehran and real-time tracking of shipping disruptions in the Red Sea and Persian Gulf.
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