The United States military has completed a new round of airstrikes against Iran, targeting approximately 140 sites including missile and drone launch facilities.
The operation follows the Islamic Revolutionary Guard Corps' attack on a commercial container ship transiting the Strait of Hormuz, an escalation that directly challenged recent US ultimatums and threatened critical global trade routes.
Brent crude prices remain under pressure as markets assess the durability of the ceasefire and the potential for further disruption in the world's most vital oil chokepoint.
The strike campaign aims to degrade Iran's ability to project power in the region, but the immediate risk to shipping insurance premiums and freight rates remains elevated.
Traders are monitoring for any signs of renewed IRGC activity or secondary attacks on commercial traffic.
Tehran has responded by lashing out at Gulf Arab states, signaling that diplomatic tensions are likely to persist even as the immediate military exchange concludes.