Iran: Gulf on boil again as new US strikes mark fresh escalation; fear rises of a return to war
- Posted on July 9, 2026
- By Business News Today
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- 1 min read
Iran: Gulf on boil again as new US strikes mark fresh escalation; fear rises of a return to war
US forces have launched fresh strikes against Iran following an attack on three cargo vessels in the vital Strait of Hormuz. Trump has declared the temporary truce with Iran 'over'. Reports of explosions and power outages have come from Iran's southern coastline, heightening fears of a return to military tensions in the region.
