US and Iran Exchange Strikes After Drone Downing as Trump Seeks Deal Revisions
The US carried out self-defence strikes inside Iran targeting radar sites and command posts after Iran allegedly downed a US MQ-1 drone over international waters. Iran’s Islamic Revolutionary Guard Corps said it hit a US air base in response to attacks on a telecom tower, and Kuwait reported intercepting missile and drone fire amid a fragile ceasefire. Negotiators are refining a memorandum of understanding designed to end hostilities and reopen the Strait of Hormuz. President Trump has called for stronger nuclear commitments and security guarantees, while Iran’s parliament insists its rights be fully protected before ratifying any deal. The renewed clashes have rattled global energy markets. The US Strategic Petroleum Reserve dipped by over 9 million barrels last week, and higher oil costs continue to fuel inflation concerns.
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