US launches 11th wave of strikes on Iran
US forces began a new round of strikes on Iran on July 21, officials said, aimed at curbing threats to commercial shipping in the Strait of Hormuz.
Mateo Fernandez ·

The US military began its 11th wave of strikes against targets in Iran on July 21, officials said. Reaction pending. Officials said the operations "are designed to continue degrading Iran's ability to threaten commercial shipping in the Strait of Hormuz."
The strikes follow a series of prior actions the military has linked to attacks on vessels and allied positions in and around the Gulf. Officials said the aim is to disrupt networks and capabilities used to threaten transits, not to signal a broader direct confrontation.
Strait of Hormuz shipping risk
The Strait of Hormuz is a critical transit corridor, and renewed strikes raise immediate questions for shipowners and insurers about route safety and extra costs. Insurers and carriers often respond to strikes with higher premiums, convoy measures, or alternative routings that slow deliveries and raise freight costs.
Markets could move if disruptions persist long enough to affect tanker availability or freight rates; trading desks will watch maritime notices and freight indices for early signs of stress. Officials said they will publish further operational details as they become available.
Expect further military updates by July 22, 2026; monitor maritime advisories and corporate statements through that date for signals of wider disruption.