Latest updates on the Iran conflict with US military attacks, casualties, and regional tensions. Renewed sanctions evasion and rising oil prices impact global markets as the situation escalates.

The US-Iran conflict has entered one of its most dangerous phases yet, with Washington launching an 11th consecutive night of airstrikes across Iran and Tehran responding with fresh missile and drone attacks on Bahrain,

President Trump said the United States would target a bridge or power plant, including in or near the Iranian capital, if Iran fired on the Strait of Hormuz. Secretary of State Marco Rubio earlier suggested that Tehran was “not serious” about diplomacy.

US Central Command (CENTCOM) says it has completed its 11th consecutive evening of air strikes against Iran to further degrade the country's "ability to threaten commercial shipping in the Strait of Hormuz".

Secretary Pete Hegseth told senators that America has spent $37.5 billion on the war to date as the Pentagon requests additional funds.

Most Gulf stock markets dipped in early Wednesday trading as investors weighed the escalating Middle East conflict after ​U.S. forces struck Iranian military targets for an ‌11th consecutive night.

Gulf countries reported fresh attacks from Iran after the U.S. launched a ninth consecutive night of strikes on the Middle Eastern country.

The United States has carried out another wave of airstrikes on Iran, where air defenses opened fire over the capital, Tehran.

The United States and Iran traded attacks overnight and into Wednesday morning as Washington sent mixed signals about prospects for diplomacy.