Iran said it struck US military bases in Bahrain, Jordan and Iraq, and Washington and Tehran traded a fresh round of attacks that Reuters said ended the fragile 'lull' in the conflict. Al Jazeera's live coverage tracked the claimed hits across the three countries, and AnewZ reported Tehran framed the strikes as retaliation.

The Pentagon has swapped in a new aircraft carrier in the Middle East, according to tippahnews.com, which cited a reporter warning that supply and logistics problems in the region are likely to persist regardless.

Gold hit its lowest level in more than three weeks as the renewed Gulf tensions fed fears the turmoil could push central banks toward rate hikes, according to the Straits Times.

Why it matters: Bahrain, Jordan and Iraq all host US forces along Gulf energy and shipping routes, so strikes across three countries raise the risk of a wider war disrupting oil flows and rattling markets.