The United States has conducted airstrikes that have damaged Iran’s civilian infrastructure. This marks the seventh consecutive day of strikes, with targets expanding beyond military installations to include civilian sites such as bridges, a railway station, and an airport.
The escalation follows Iranian attacks on commercial vessels in the Strait of Hormuz, prompting the US to act in a bid to reduce Iran’s capacity to disrupt international trade. The conflict has resulted in significant casualties, with Iran reporting over 38 deaths and 400 wounded.
The ongoing military actions have drawn international condemnation, including from UN Secretary-General António Guterres. Market pricing suggests a notable shift, with the probability of a full Iranian airspace closure by July 31 rising to 37%.