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Iran Strikes Back After US-Israel Offensive

Bloomberg Markets •
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Iran launched retaliatory strikes against US bases and regional interests following coordinated attacks by the United States and Israel. President Donald Trump had called for Iranians to overthrow their government as military operations began across Iranian territory.

The offensive marks a dramatic escalation in Middle East tensions, with Iranian forces targeting American military installations and strategic assets. The Islamic Republic responded within hours of the initial strikes, demonstrating its ability to project power despite sustained attacks on its homeland.

Oil markets reacted sharply to the news, with prices surging on fears of supply disruptions through the Strait of Hormuz. The conflict threatens to engulf the entire region and could force the United States to commit additional military resources to protect its interests and allies.