Iran claims it downed a U.S. drone in the Strait of Hormuz, escalating tensions after the U.S. struck three Iranian oil tankers in retaliation for missile attacks on Navy ships. Hostilities reignited last week after a quiet month, with renewed strikes targeting the Strait and southern Iran — including a recent bombing that killed five. The U.S. is pursuing a dual strategy: military retaliation and financial pressure against Iran’s banking networks. Despite sanctions and a naval blockade, Iran has adapted, using secret fleets to move oil and sustain its economy. Meanwhile, stalled nuclear negotiations — which collapsed shortly after a June agreement — continue to fuel regional instability as both sides remain locked in a tense, asymmetric conflict.
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