The United States launched air strikes against Iran for a third consecutive night during the window of July 13-14 [1].

These strikes represent a significant escalation in Middle East tensions as the U.S. military targets Iranian positions following reported attacks on commercial shipping. The conflict centers on the Strait of Hormuz, a critical global oil transit point where stability is essential for international energy markets.

U.S. officials said the military actions are a response to Iranian missile attacks on two commercial vessels [2] in the Strait of Hormuz. However, reports on the nature of these incidents vary. While the UAE reported that Iran targeted two ships with missiles [2], Iranian officials said the country carried out strikes on Bahrain [3].

President Donald Trump said the military pressure is intended to bring Iran back to the negotiating table. Despite the ongoing bombardment, Trump said, "A deal is still possible" [4].

Beyond the air strikes, the administration is introducing economic levers to manage the region. Trump said the U.S. will blockade Iran and demanded payment for managing the Strait of Hormuz [5]. This proposal includes a 20% fee on cargo passing through the strait [5].

The U.S. military has maintained its operational tempo over the last three nights [1], coordinating strikes to degrade targets within Iran. The administration has framed these actions as a necessary step to ensure the freedom of navigation, and to secure a more favorable diplomatic arrangement with Tehran.

"A deal is still possible."

The U.S. is employing a 'maximum pressure' strategy by combining kinetic military strikes with aggressive economic demands. By proposing a fee for the management of the Strait of Hormuz, the administration is attempting to monetize regional security while using military force to compel Iran into a new diplomatic agreement.