📰 Curated from NBC News
📖 Read full article→
U.S. launches new strikes and Trump threatens ‘massive attack’ as Iran widens war - NBC News
Business and EconomyBy Richard Engel, Chantal Da Silva, Matthew Mulligan7/24/20261 min read
The United States launched a fresh barrage of strikes on Iran overnight as President Donald Trump threatened a major new escalation after Tehran opened a second front in its pressure campaign on the world economy.
✨ Key Highlights
- The United States carried out a fresh round of strikes on Iran overnight, marking the 13th night of military action, after Tehran opened a second front by targeting shipping in the Red Sea.
- President Donald Trump told Axios he is weighing a "massive attack" on Iran that would be "bigger than ever before," while also leaving room for a diplomatic solution, saying talks with Iran were ongoing.
- Oil prices briefly surged above $100 a barrel amid the escalating conflict, which has spread from the Strait of Hormuz to the Bab el Mandeb strait following attacks by Iran-backed Houthi rebels.
- Trump promised "major military punishment" for both Iran and the Houthis after the Yemen-based rebels struck two Saudi oil tankers, expanding the confrontation across key global trade routes.
- Iran has shown little sign of yielding to U.S. demands, continuing to strike shipping, U.S. bases, and allies across the Middle East, raising the toll in both lives, including American soldiers, and economic costs.
- Senior Arab officials expressed growing frustration with the daily escalation and lack of diplomatic progress, with one telling NBC News, "It's only getting crazier," and another saying, "We have no clue where this is going."
Trump said Thursday there would be major military punishment for both Iran and the Houthis after the Yemen-based rebels struck two Saudi oil tankers in the Red Sea, days after saying they were imposi