WorldUS Strikes Iran as Tehran Hits US Bases Across the Gulf

The US and Iran exchange strikes as fighting intensifies. US forces target Iranian air-defense and radar systems, while Tehran calls its attacks on US bases across the region, including a drone strike on a base in Bahrain, a “decisive operation.” Treasury Secretary Scott Bessent says Iran does not control the Strait of Hormuz. Oil rises and Asian stocks fall as markets react to higher oil prices and bond yields.