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US, Iran Trade Sixth Consecutive Retaliatory Strikes; Brent Oil Hits $87, Up 3.5% on July 17

2026-07-17 19:31:56

BZ3.34%

According to Edaily, on July 17, the United States and Iran continued reciprocal retaliatory strikes for a sixth consecutive day, with attacks expanding from military targets to critical infrastructure including ports, bridges, and power facilities. The U.S. Central Command destroyed surveillance towers at Chabahar port in southeastern Iran and struck six road bridges in additional regions. Iran's state media reported Iranian forces attacked U.S. military bases in Kuwait, Jordan, and Bahrain, as well as military sites in Qatar. Brent crude surged 3.5% intraday to around $87 per barrel, marking the largest weekly gain since April amid heightened tensions in the Strait of Hormuz.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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