US and Iran exchange heavy strikes for 5th day amid Trump’s power plant threat

The US military launched precision munitions against Iran's coastal defense systems and cruise missile storage sites on Greater Tunb Island near the Strait of Hormuz. This action follows President Trump's threats of wider strikes, including targets like power plants. Both nations have exchanged heavy strikes for five consecutive days. These ongoing hostilities and threats may hinder diplomatic resolutions, negatively affecting market confidence and complicating the possibility of future US-Iran agreements as the conflict continues to escalate.