U.S. Conducts Strikes on Iranian Targets, Iran Announces Retaliation

Why it matters locally: While the immediate impact of military actions is national, potential disruptions to global oil markets due to tensions in the Strait of Hormuz could indirectly affect Washington's energy costs and trade, particularly for industries reliant on imported goods or fuel.

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WASHINGTON – The United States conducted military strikes on targets in Iran, President Donald Trump announced. He described the operations as "large and powerful" and stated they occurred near the Strait of Hormuz. U.S. Central Command specified that these strikes targeted the Islamic Revolutionary Guard Corps (IRGC) within Iran. Following the U.S. actions, Iran's armed forces general staff issued a statement indicating their intent to retaliate. NBC News correspondent Keir Simmons reported on these developments.