Explosions have been reported in multiple Iranian cities following US airstrikes. The United States Central Command (CENTCOM) announced the attacks, which mark the eighth consecutive night of operations.
The blasts in Tehran, Isfahan, and Tabriz activated Iran's air defense systems. This escalation follows the collapse of a ceasefire agreement in the 2026 Iran War, with both nations conducting retaliatory strikes.
The military actions are aimed at degrading Iran's capabilities. A key focus has been disrupting commercial shipping through the Strait of Hormuz. The conflict is raising significant concerns about airspace security across the region.
Market expectations for a full airspace closure in Iran by July 31 have risen sharply. This period is critical as geopolitical developments continue to unfold.