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Iran Missiles Strike Gulf Allies; US Hits Iran, Oil Rises

7/17/2026

44 10 Full Breakdown

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Iran Launches Missiles
  • Iran’s Energy Ministry urged southern residents to cut electricity use as extreme heat followed U.S. strikes on power infrastructure.
  • Iran launched missiles at U.S.-aligned nations, damaging Kuwait’s power and desalination plant and striking sites in Qatar, Bahrain and Jordan.
  • U.S. Central Command said airstrikes hit Iranian logistics sites and collapsed a Chabahar tower.
  • Strait of Hormuz vessel crossings fell to a low, pushing oil above $86 a barrel.
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