Under President Trump, the US has escalated operations against Iran, striking underground missile sites and logistics hubs in the most intense phase of the campaign so far. Washington says the aim is deterrence and safer shipping, while Tehran signalled defiance and markets eyed oil risks.

Donald Trump said the campaign against Iran is “very complete”, arguing its capabilities are largely spent. Oil prices fell as markets calmed, easing inflation fears. France sent a major naval group to the Gulf, and the UK prepared to reinforce allied efforts.

Iran is poised to elevate Mojtaba Khamenei, the Supreme Leader’s son, tightening control and shaping succession. The move may strain ties with Washington and unsettle oil markets already on edge after a fuel‑depot incident in Tehran.