US Iran Strikes: Larak Attack Sparks Iran Retaliation

WASHINGTON — US forces have struck two Iranian launchers on Larak island in the Strait of Hormuz, according to a US official, after Iranian Revolutionary Guard forces were reportedly observed preparing to launch rockets carrying sea mines into the strategic waterway. Iran subsequently launched ballistic missiles at US-operated facilities in Jordan.

Trump Signals Iran Deal, But Markets Rise Despite No Breakthrough

WASHINGTON, United States — Financial markets rallied this week after US officials and President Donald Trump repeatedly suggested that an agreement with Iran to reopen the Strait of Hormuz could be imminent, even though no deal materialised and Tehran continued to deny that it was negotiating directly with Washington.