US military forces struck targets in Iran’s Lorestan and Bushehr provinces, hitting areas in the Veysian district and near the city of Bushehr. The strikes mark a continued escalation in hostilities that has kept global markets on edge and pushed crypto traders toward the exits.

The attacks are particularly significant because of geography. Bushehr province is home to Iran’s only nuclear power plant, and the region sits near the Strait of Hormuz, a chokepoint through which a massive share of the world’s oil supply flows.

What’s happening on the ground

The latest strikes are part of a broader US military campaign that has targeted approximately 140 military sites in a recent wave of operations, with over 300 total strikes executed across multiple nights. US Central Command has framed the campaign as targeting military infrastructure.

Iranian officials tell a different story. They’ve reported damage to both military bases and civilian areas near the Bushehr nuclear facility, suggesting the strikes have had wide-ranging impacts on regional infrastructure.