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US Strikes Iran, Oil Surges Past $78 on Supply Risk
Trump ordered airstrikes on Iranian drone infrastructure after ceasefire collapse. Brent crude jumped 3%. Traders priced in Strait of Hormuz disruption. European allies called for de-escalation.
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The US military launched airstrikes on Iran on Friday, President Donald Trump said, in response to what he described as Tehran's violation of a ceasefire through drone activity.
Trump said the strikes targeted Iranian military infrastructure linked to drone production and launch capabilities. He did not specify the number of sites hit or the scope of the operation. The Pentagon later confirmed the strikes were conducted by B-2 bombers and fighter aircraft operating from bases in the region, according to a defense official who spoke on condition of anonymity.
The action follows weeks of rising tensions after a fragile ceasefire brokered by Qatar and Oman collapsed in late March. Iran had accused the US of failing to enforce the terms. Washington pointed to repeated drone incursions into Iraqi airspace as evidence Tehran was using the pause to rearm.
Iran's Foreign Ministry condemned the strikes as "a flagrant act of aggression" and said it reserved the right to respond at a time and place of its choosing. State media reported explosions near military installations in Isfahan and Shiraz but gave no casualty figures.