Live: Oil rises amid Middle East escalation and Hormuz blockade

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The United States Central Command (CENTCOM) reported early Wednesday the end of its fourth wave of strikes against Iran and announced the resumption of a naval blockade of Iranian ports and coasts, a measure that had been suspended during negotiations that led to the signing of the Islamabad Memorandum of Understanding. U.S. President Donald Trump said that agreement was terminated.

In response, Iran launched new attacks against U.S. military bases in Jordan, Bahrain and Kuwait. The Jordanian Army reported that its air defense systems intercepted and shot down three Iranian ballistic missiles, while Bahrain and Kuwait announced reciprocal operations.

Before the latest escalation, Trump warned he would order strikes against Iran’s strategic infrastructure if Tehran did not agree to negotiate a ceasefire. “We will put all their power plants out of action. We will put all their bridges out of action, unless they sit down and negotiate,” he said.

Meanwhile, the Islamic Revolutionary Guard Corps (IRGC) said the Strait of Hormuz, through which about 20% of the world’s traded oil and gas passes, will remain closed until U.S. military actions cease.

Below is minute-by-minute coverage:

Iran executed a man arrested during the January protests

The Iranian regime executed on Wednesday a man accused of setting fire to government and police facilities during protests against the Islamic Republic’s authorities in January in Isfahan province, according to Mizan News, a media outlet linked to the judiciary.

The report says Mohammad Amini Dehaghani was hanged after the Supreme Court upheld the sentence. Judicial authorities maintain that on January 9 he threw Molotov cocktails at the governor’s office in Dehaghan and the central police station, and incited others to attack officers.

Official information cites surveillance footage and the accused’s confessions. It also states that Amini Dehaghani attempted to use a rifle taken from police during the protests.

Oil rises again amid military escalation in the Middle East

Bombas de extracción de petróleo en las afueras de Almetyevsk, en la república de Tartaristán, Rusia. 14 de julio de 2025 (REUTERS/Stringer)

U.S. benchmark crude (WTI) rose $0.86 to $80.20 per barrel, while Brent, the international benchmark, advanced $1.15 to $85.88 per barrel.

On Tuesday, oil closed up 2% and reached a one-month high, driven by attacks that aggravated supply problems in the Strait of Hormuz.

“Brent and WTI have made upward corrections in line with the escalation of attacks, but the magnitude of the movement will likely moderate now as the market waits to observe any change of stance by the U.S. and Iran,” said June Goh, senior oil market analyst at Sparta Commodities, in an interview with Reuters.

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US killed seven servicemen in strikes in southeastern Iran

EEUU abatió a siete militares en ataques en el sudeste de Irán (Europa Press)

The Iranian Army announced it will respond to the attack on the Bambour barracks in Iranshahr, calling it “a cowardly aggression.” “A decisive response will be given to this crime at the appropriate time,” the statement said, cited by Tasnim.

According to the military, 13 U.S. missiles struck facilities in the Bambour barracks, killing seven members of the 388th Brigade and leaving several wounded. The Army said that “passive defense measures” limited the number of casualties.

The statement asserted that the U.S. strikes “aimed to cause as many casualties as possible,” targeting a guesthouse, guard posts and accommodation areas at the base.

Death confirmed of an Indian sailor missing after attack off the coast of Oman

An Indian national who had been missing after the attack on the merchant ship GFS Galaxy off the coast of Oman has died, his father-in-law confirmed on Wednesday, according to Reuters. Of the 11 Indian crew members on board, 10 were rescued, the Indian Ministry of External Affairs reported on Sunday.

A former Iranian foreign minister urged a ground attack on a U.S. base and taking hostages

Former Iranian Foreign Minister Manouchehr Mottaki proposed launching a ground offensive against a U.S. military base in the Middle East and taking hostages to bring them to Iranian territory.

“My proposal is to launch a ground attack on one of the U.S. bases in the region, capture 100 Americans and take them to Iran,” Mottaki, now a member of parliament, said.

Marco Rubio and the Jordanian foreign minister discussed Iranian attacks on vessels in the Middle East

U.S. Secretary of State Marco Rubio said he met with Jordan’s Foreign Minister Ayman Safadi to address regional security issues, including “the ongoing attacks by Iran against vessels and countries in the region.”

El secretario de Estado de EE. UU., Marco Rubio, estrecha la mano del ministro de Asuntos Exteriores jordano, Ayman Safadi, en el Departamento de Estado de EE. UU., en Washington, D. C., EE. UU., el 14 de julio de 2026 (REUTERS/Ken Cedeno)

UN Security Council voted to continue monitoring Houthi attacks in the Red Sea

The UN Security Council approved a resolution extending UN monitoring of Houthi attacks in the Red Sea for six months.

The measure, backed by thirteen votes in favor with China and Russia abstaining, requires the UN Secretary-General to submit monthly reports to the Council on the situation.

The Yemeni Houthi rebel group began its attacks on vessels in the Red Sea in late 2023, saying its targets were ships linked to Israel in response to the conflict in Gaza.

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Vessels linked to Iran left the Strait of Hormuz before the U.S. blockade

On Tuesday there was an increase in the number of ships transiting the Strait of Hormuz, most linked to Iranian trade, ahead of the U.S. blockade scheduled to take effect on Wednesday, according to maritime transport data. Kpler’s records indicate that nine of the eleven ships that crossed the route that day used the Iranian corridor.

Among the vessels entering the strait were three empty tankers: one Aframax and two very large crude carriers. Regarding departures, the data show a VLCC carried 2 million barrels of crude oil, while a medium tanker transported refined products and two other vessels moved liquefied petroleum gas.

The commercial flow also included a tanker loaded with methanol and a bulk carrier carrying iron ore, both departing the Gulf on Tuesday.

Jordanian Army said it shot down three missiles launched by Iran

Una captura de pantalla de un video de la televisión estatal iraní muestra un misil iraní volando en un lugar desconocido (REUTERS)

The Jordanian Army reported that its air defense systems intercepted and shot down three ballistic missiles that entered Jordanian airspace from Iranian territory. In an official statement, authorities said Royal Engineering Corps teams handled debris from the fallen missiles at various locations, following established technical and safety protocols, and secured the affected areas to protect the public and property.

“The Jordanian Armed Forces reject any violation of the Kingdom’s sovereignty or the use of its airspace to threaten its security and stability,” military authorities said, stressing they maintain aerial surveillance at the highest level of readiness.

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Iran’s Revolutionary Guard attacked Gulf countries after the CENTCOM operation

Iran’s military announced early Wednesday new drone strikes against U.S. military facilities in the Middle East amid the latest escalation between Tehran and Washington. According to a statement published by Tasnim, an agency linked to the Islamic Revolutionary Guard Corps, the Al Azraq airbase in Jordan, where F-18 fighters, barracks and U.S. equipment depots were located, was attacked with drones.

The military defended the operation named “Lightning” and said “the era of slap-in-the-face strikes is over and any action against the soil, waters and skies of this historic country will not go unanswered or without a proportional cost.”

Additionally, the IRGC reported attacks by its Navy and Aerospace Force against a U.S. storage facility at Bahrain’s Sheikh Isa base and against U.S. drones at Kuwait’s Ali Al Salem base. The statement said, “in a simultaneous missile and drone operation, Navy and Aerospace Force fighters of the IRGC destroyed several depots of weapons and spare parts for enemy ships and aircraft at Sheikh Isa base in Bahrain a few hours ago.”

The military report also stated that “they also attacked the ramp where enemy MQ-9 drones were deployed at Ali Al Salem base in Kuwait, destroying or damaging several of them.”

Iran: the Strait of Hormuz will remain closed until “the harms of the United States end”

Un barco en el estrecho de Ormuz (REUTERS/Stringer)

The Revolutionary Guard of Iran announced that the strategic waterway will remain closed until U.S. actions cease, according to a statement released Tuesday. The military organization said the U.S. Army attacked Iranian bases “under the pretext of striking offending ships” attempting to transit the strait, “to hide its defeat and incapacity.”

In the statement, the IRGC emphasized that “no ship dared to violate [the Iranian blockade] or to accompany the United States,” and added that, as a result, “there were naturally no impacts” during the operation.

White House: “Divisions in Iran demonstrate the success of Trump’s policy”

White House Deputy Chief of Staff Stephen Miller said internal divisions among Iran’s regime leaders reflect the success of President Donald Trump’s policy toward Tehran. Miller made the remarks in an interview with Fox News.

According to the U.S. official, Iran’s leadership currently faces “enormous rifts the size of cannons” after decades of unity. Miller insisted the United States urges Iran to back a peace program and abandon its nuclear ambitions.

Pezeshkian said he will defend “every inch” of Iran amid new escalation with the US

El presidente iraní, Masoud Pezeshkian (REUTERS)

Iran’s president, Masoud Pezeshkian, said his country will defend “every inch” of its territory amid rising tensions with the United States, after U.S. President Donald Trump declared he had eliminated most of Iran’s military capabilities. “We will defend every inch of our homeland with our actions,” Pezeshkian said in an interview with state television.

The president’s remarks came amid growing hostilities, after the United States launched strikes in southern Iran following Tehran’s attacks on commercial vessels in the Strait of Hormuz. In response, Iran launched missiles and drones at U.S. targets in the region.

“His rhetoric continues, but the question is: Have they achieved their objectives on the battlefield?” Pezeshkian challenged, referring to Trump’s statements and U.S. military actions.

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