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Trump Hits Belma, Iran Strikes Back, Oil Jumps

7/16/2026

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Story summary
  • U.S. forces fired a missile into the smokestack of the tanker Belma after warnings.
  • President Donald Trump ordered strikes that hit Tehran and disabled Belma, prompting Iran to launch attacks on Bahrain, Jordan and Kuwait.
  • Iranian officials reported 35 deaths, 300 injuries, and that Brent crude rose above $85 a barrel, 15% higher than before war.
  • Donald Trump posted that Iran released a U.S.-Iranian citizen detained since 2024, Dena Karari.