West Asia LIVE: U.S. strikes Iran for first time in a month, Tehran retaliates

Oil prices jumped more than $1 a barrel on Monday (August 31, 2026) after ⁠the U.S. attacked an Iranian island in the Strait of Hormuz and drew retaliation from Tehran, as conflict in West Asia extended into its sixth month.

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The United States said on Sunday (August 30, 2026) it had attacked Iranian rocket launchers on a small island in the Strait of Hormuz, its first strikes on Iran in a month, prompting Tehran to retaliate.

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The U.S. strikes resulted in “casualties,” said Iran’s Revolutionary Guard Corps, which in turn attacked U.S. military targets in Jordan, state media reported.

(With inputs from AFP, Reuters)