TEHRAN, July 18 — The United States and Iran traded drone and missile strikes on Friday as a senior Iranian military advisor threatened to step up offensive operations if the US...

Oil prices rise as the US renews a blockade on Iranian ports and carries out a wave of air strikes.

Iran reported fresh U.S. strikes on July 15 on a port city that hosts the country’s only civilian nuclear plant, as Washington reimposed a naval blockade and the two foes returned…