Iran's southern free port on the Gulf of Oman
The US has resumed strikes on Iran, targeting military facilities and shipping assets in a bid to degrade Tehran’s capabilities in the Strait of Hormuz. Iran has retaliated with air defences and attacks on regional targets, raising the risk to global shipping and energy markets. The situation remains volatile as diplomatic efforts stall.
Brent crude has climbed toward $97 a barrel after renewed exchanges of strikes between the United States and Iran over the past week. US strikes have hit sites along Iran's southern coast while Iran has attacked US-linked vessels and bases in the region; shipping through the Strait of Hormuz remains constrained and US pump and diesel prices have risen.
The United States has drawn up options for renewed strikes on Iran using the MOAB, though officials warn the move would be a symbolic escalation rather than a decisive shift. Reports indicate planning is under consideration and could target energy infrastructure or underground facilities, with officials stressing the weapon’s non-nuclear status.
Trump has told Newsmax the MOAB is not nuclear and that the US is considering strikes on Iran’s nuclear sites, including Pickaxe Mountain. He says ground troops are unlikely; oil and gas prices are expected to fall if the war ends soon.