US-Iran Tensions Escalate Amid Renewed Strikes and Oil Flow Recovery

Sep 1, 2026

65 min

Sep 1, 2026 19:30

US-Iran war: Hormuz oil flows rebound to two-thirds as Trump warns of more strikes on Tehran

## Renewed Hostilities and Oil Flow Recovery

Tensions between the United States and Iran have intensified with renewed military actions. The US launched strikes on Iranian rocket launchers near the Strait of Hormuz, prompting Iran to retaliate with missile attacks on American positions in Jordan. Despite the ongoing conflict, oil flow through the Strait of Hormuz has recovered to two-thirds of its pre-war levels.

## Political and Military Developments

In Washington, the situation is further complicated by the resignation of US Army Secretary Dan Driscoll, who stepped down after disagreements with Defense Secretary Pete Hegseth. Meanwhile, President Donald Trump has warned Iran of "much harder" retaliatory actions if they continue to strike back.

## Regional Impact and Reactions

Iranian state media reported US attacks on several locations, including Jiroft airport and areas near the Strait of Hormuz. Iran's Revolutionary Guards have vowed to make the US "regret" its actions. The conflict has also prompted calls from Qatar for both nations to resume negotiations to prevent further escalation.

## International Relations

Iranian President Masoud Pezeshkian met with Russian President Vladimir Putin, expressing gratitude for Russia's support during the conflict. The meeting took place on the sidelines of the Shanghai Cooperation Organisation summit, highlighting the strengthening ties between Iran and Russia amid the ongoing tensions with the US.

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