Iran fires on its Gulf neighbors, retaliating for U.S. strikes after a monthlong lull

Damage is seen at a building that Iranian media said was hit in a U.S. strike in Kuhestak, southern Iran, early Wednesday.

Masoud Mohammadi/Tasnim News Agency via AP


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Masoud Mohammadi/Tasnim News Agency via AP

DUBAI, United Arab Emirates — Iran fired on U.S. allies in the Gulf early Wednesday following a night of American bombardment that Iranian officials say included a deadly strike on a wedding party.

The latest violence came after a monthlong lull in fighting. The six-month war has led to a spike in oil prices, roiled the global economy and posed increasing political problems for U.S. President Donald Trump’s Republican Party ahead of November midterm elections.

Fighting has escalated since the American military hit Iranian rocket launchers on an island in the Strait of Hormuz over the weekend, saying Iran was planning to use them to shoot mines into the waterway. Iran retaliated by firing missiles at American bases in Jordan that were intercepted.

American military resources are stretched and political pressure in Washington is mounting, while Iran’s economy falters. Iran’s currency hit another record low on Wednesday, with traders in Tehran exchanging 2.20 million rials for one U.S. dollar, a 10% hike from last week’s record.

Neither side can continue indefinitely between full-scale war and a truce, said Hamidreza Azizi, senior Iran analyst at the Crisis Group, an international think tank.

“At some point, one of the sides may see a need to escalate in order to break this cycle,” he cautioned. “So that could bring the two sides to a point that they have been trying to avoid until now, which is a full-scale war.”

The struggle is focused on the Strait of Hormuz and oil prices

The latest flare-up in violence came as the standoff seemed to be shifting slightly more in the U.S.’ favor, with the price of oil around $80 a barrel and Iranian leaders talking about growing economic hardships, said Sascha Bruchmann, an analyst with the International Institute for Strategic Studies’ Middle East office in Bahrain.

A boy walks on shallow water as commercial vessels are anchored in the Strait of Hormuz off Bandar Abbas, Iran, Monday.

A boy walks on shallow water as commercial vessels are anchored in the Strait of Hormuz off Bandar Abbas, Iran, Monday.

Razieh Poudat/ISNA via AP


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Razieh Poudat/ISNA via AP

Last week, U.S. Central Command’s Adm. Brad Cooper said the strait had been secretly cleared of mines and that the U.S. Navy had helped nearly 1,500 commercial vessels carrying some 750 million barrels of oil pass through in recent months — still far below prewar levels.

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