U.S. Military Launches Second Day of Strikes on Iran Amid Escalating Tensions

The U.S. military has launched strikes against Iran for a second consecutive day, escalating tensions in the Middle East. This development, reported on July 8, 2026, follows earlier attacks on commercial oil tankers in the Strait of Hormuz and President Trump's declaration that the ceasefire with Iran is "over." The renewed military action is expected to further impact oil markets and global financial stability.