Friday, July 17, 2026

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BUSINESS ·EUROPEAN UNION ·July 17, 2026

Christine Lagarde: "a new wave of strikes against Iran for the sixth consecutive night to…"

“a new wave of strikes against Iran for the sixth consecutive night to further degrade Iranian military capabilities”
Christine Lagarde, President
✦ Summary · July 17, 2026 AI-written summary of the news — not a direct quote

The United States has resumed large-scale airstrikes against Iran for a sixth straight night, breaking a month-old truce that had paused hostilities. US Central Command announced the latest wave of attacks is aimed at further weakening Iran’s armed forces. The escalation follows Iran’s renewed blockade of the Strait of Hormuz, prompting Washington to also block Iranian ports. Strikes have targeted sites near Iran’s southern coast, including a tanker, islands, and a southeastern airport, according to Iranian media. Meanwhile, President Trump claimed Iran released a US citizen as a goodwill gesture, but Tehran’s judiciary denied any prisoner release or exchange. The renewed fighting has largely halted oil and gas shipping through the crucial Hormuz waterway, pushing global energy prices higher.

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