
Fresh U.S. strikes hit Chabahar, Greater Tunb and a barracks in Sistan and Baluchestan after an interim ceasefire collapsed, raising risks to Gulf shipping, regional energy exports and wider market volatility.
The United States reimposed a naval blockade on Iran and expanded airstrikes after Tehran attacked ships near the Strait of Hormuz, further unraveling an interim ceasefire and negotiation process. U.S. strikes on Wednesday included military positions in Chabahar, where facilities at Shahid Kalantari Port were reportedly damaged, as well as targets on Greater Tunb Island, near Bandar Abbas and at a barracks used by Iran's 388th Mechanized Infantry Brigade in Sistan and Baluchestan province, where Iranian state media said at least seven troops were killed. U.S. Central Command said two commercial vessels were redirected within 17 hours of the blockade's return, while Iran's Revolutionary Guard threatened to halt all Middle East energy exports. Brent crude traded above $85 a barrel, and the renewed conflict also drew attention to potential short-term Bitcoin volatility and stablecoin flows, although those market reactions remained speculative.