US conducts defensive strikes against Iranian targets in Strait of Hormuz

US forces conducted "defensive strikes" on Iranian targets on Qeshm Island in the Strait of Hormuz on November 3, 2026, following alleged Iranian missile use against US assets. This escalation occurs amidst ongoing diplomatic efforts to de-escalate tensions and has caused global oil prices to rebound. China plans to send an envoy to the region, highlighting the international concern over potential full hostilities in a critical shipping lane.