Your privacy choices

We use analytics to improve Pollar and, with your consent, marketing tools (Meta, X) to measure our ads. You can change this anytime in Settings.

Privacy policy
Pollar
HomeAskLiveBriefOriginalsSearchMapMarketsNotificationsFor You
ThreadsMarkets
NewsroomSupport Pollar
Privacy
Reader-supported

Free to read, and staying that way

No ads. Membership keeps Pollar independent.

from$2.99/mo

Support Pollar
Membership

Members don't see this panel.

  • Supporter$2.99/mo
  • Founder$6.99/mo
Support Pollar

Today’s Brief

Reading scores slide across the OECD

Strikes lift oil as Europe targets settlements and German voters shake Berlin

The day’s main stories ran through contested borders, fragile institutions and expensive technology. Markets priced another notch of Middle Eastern risk, while European governments moved from criticism of Israeli settlements to trade restrictions.

Read the Brief

Live now

All live coverage
  • Saxony-Anhalt state election

    Trump congratulates Germany's AfD on Truth Social after state election gains, prompting Berlin to postpone a scheduled call between the chancellor and the US president.

  • Serbia snap election proposal

    President Vucic dissolves parliament and schedules a snap election for October 25, testing the ruling party's majority.

  • Explosion at Swiss hydroelectric plant

    Collapsed part of the Ritom power plant building following the explosion, complicating rescue efforts for workers trapped inside.

In the spotlight

All threads

Other · Updated 42m ago

Demography and migration

Merz's 'ethnic cleansing' accusation in the Bundestag escalates rhetoric against the AfD but produces no policy change.

HomeBriefThreadsAsk
Categories
© iefimerida.gr
Conflicts·Jun 11

US and Iran trade heavy strikes for second night as Strait of Hormuz closure threat sends oil past $95

A second consecutive night of US air strikes on Iran drew retaliatory attacks on US bases in Kuwait and Bahrain, pushing a fragile ceasefire to the brink. Iran's warning to close the Strait of Hormuz sent oil prices above $95 a barrel.

US strikes for second night

US forces carried out a second round of airstrikes on Iranian military targets during the night of June 10-11, hitting surveillance infrastructure, communication systems and air-defense installations. The strikes, which CENTCOM called "self-defense strikes" in response to "increasingly unjustified Iranian aggression," were ordered by President Trump and lasted just under four hours, concluding at 4:04 a.m. local time. The operation followed a first wave of US strikes the previous night, which came after Iran's downing of a US Apache helicopter near the Strait of Hormuz on Monday. Explosions were reported in the southern Iranian cities of Bandar Abbas, Qeshm, Minab and Sirik, with air-defense systems activating even in western Tehran.

They took too long to negotiate a deal that would have been excellent for them; now they will have to pay the price.

— Donald Trump

Iranian retaliation hits Gulf bases

Iran’s Revolutionary Guards struck back within hours, launching drones and missiles at American bases in Kuwait and Bahrain. The IRGC claimed it hit eighteen significant targets at Ali Al Salem and Ahmad Al Jaber air bases in Kuwait, as well as Sheikh Isa air base in Bahrain. It also said it fired twelve ballistic missiles at US aircraft stationed at the Al-Azraq base in Jordan, a key logistics hub. Kuwait’s military reported intercepting “hostile aerial targets,” while Bahrain’s interior ministry warned residents to seek shelter amid blaring sirens. Kuwait briefly closed its airspace.

During two waves of operations, eighteen significant targets belonging to American forces were struck.

— Revolutionary Guards (IRGC)

Support independent Pollar

Supporter and Founder memberships keep every article free to read, and add offline reading, audio, and a sponsor-free brief.

See membership tiers

Strait of Hormuz and oil markets

Tehran followed the strikes with its most provocative threat yet: a warning that any vessel attempting to transit the Strait of Hormuz would be considered a target, effectively announcing a full closure of the strategic waterway. Iranian media reported that IRGC forces struck two oil tankers in the strait, though independent sources did not immediately confirm the claim. Shipping-tracking data showed only four commercial ships — most linked to Iran — passed through on Tuesday, and none had been recorded by Wednesday morning, according to Bloomberg. Global oil prices spiked in response: West Texas Intermediate gained nearly 3% to $92.68 a barrel, while Brent crude climbed 2.5% to $95.45, with investors pricing in a prolonged disruption in energy flows.

Escalation timeline: June 2026 US‑Iran clashes
  1. Jun 8, 2026Iran shoots down US Apache helicopter near Strait of Hormuz
  2. Jun 9, 2026US launches first retaliatory airstrikes on Iranian military sites
  3. Jun 10, 2026Second US airstrike wave; Iran retaliates, threatens Hormuz closure, oil spikes

Ceasefire teetering

The exchanges all but shattered the fragile ceasefire agreed on April 8 after five weeks of war. US Defense Secretary Pete Hegseth said the military operations were designed to force Tehran into a peace agreement on Washington’s terms, warning that “if we have to negotiate with bombs, we will negotiate with bombs.” Trump claimed in a Fox News interview that Iranian officials had called him seeking a halt to the bombings and that the strikes would “stop soon.” Tehran vehemently denied any such contact, with the Foreign Ministry accusing the US of “undermining the diplomatic process through contradictory messages.”

If we have to negotiate with bombs, we will negotiate with bombs, and we are very gifted at that.

— Pete Hegseth
Bandar Abbas · Kuwait City · Manama · Al-Azraq · Tehran
Donald TrumpPete HegsethMajid MousaviMasoud PezeshkianTrey Yingst
Donald TrumpKuwaitTehranTeheranPete HegsethBandar AbbasManamaMasoud PezeshkianKuwait CityKuwait-StadtSeyed Majid MousaviAl-AzraqTrey Yingst

8 sources

  • Η "κόλαση" επιστρέφει στη Μέση Ανατολή: Το Ιράν σφραγίζει τα Στενά του Ορμούζ -Διαψεύδουν οι ΗΠΑ, "κανονικά η διέλευση των πλοίων"
    iefimerida.gr·Jun 11
  • Στο κόκκινο η ένταση μετά τις επιθέσεις των ΗΠΑ στο Ιράν - "Θα κάνουμε κόλαση την περιοχή" λένε οι Φρουροί
    in.gr·Jun 11
  • Προς κατάρρευση η εκεχειρία ΗΠΑ και Ιράν - Νυχτερινές επιθέσεις και απειλές
    NEWS 24/7·Jun 11
  • Μέση Ανατολή: Δεύτερη νύχτα πληγμάτων - Η εκεχειρία λίγο πριν την κατάρρευση
    H Kαθημερινή·Jun 11
  • Από την εκεχειρία στην ανάφλεξη: Η Τεχεράνη στοχοποίησε βάσεις των ΗΠΑ στον Κόλπο μετά τις αμερικανικές επιθέσεις στο Ιράν
    iefimerida.gr·Jun 11
  • Οι ΗΠΑ χτύπησαν για δεύτερο βράδυ το Ιράν: Πλήγματα σε Κουβέιτ και Μπαχρέιν από την Τεχεράνη - Κλείνει ξανά τα Στενά του Ορμούζ
    NewsIT·Jun 11
  • Το Ιράν "σφραγίζει" τα Στενά του Ορμούζ - Το πετρέλαιο κάνει άλμα, τα χρηματιστήρια ματώνουν
    Η Ναυτεμπορική·Jun 11
  • O Περσικός Κόλπος παίρνει φωτιά: Το Ιράν χτυπά βάσεις σε Μπαχρέιν και Κουβέιτ μετά το νέο κύμα πληγμάτων από ΗΠΑ
    Η Ναυτεμπορική·Jun 11

Get Pollar Weekly

The week in news, every Friday. Free.

Free. No ads. Unsubscribe anytime.

More from Politics & Economy
AI-generated·Learn how
Energy & Trade·from Aug 21·upd. 1h ago
© tagesschau.de

Brent crude passes $100 as US-Iran conflict expands to tanker strikes and missile fire

Brent crude surpassed $100 a barrel for the first time since July after the United States destroyed five Iranian tankers and Tehran launched 20 ballistic missiles at a base in Jordan.

Read article
Energy & Trade·from Sep 9·upd. 1h ago
© ANSA.it

US bans Canadian alcohol and dairy after Ottawa implements retaliatory tariffs

The White House announced import bans on Canadian dairy, alcohol, and motorcycles effective September 29, responding to Ottawa enacting retaliatory duties on $20 billion worth of American products.

Read article
Government·from Aug 29·upd. 1h ago
© The New York Times

World leaders and royals gather in Oslo for state funeral of Norway's King Harald V

Monarchs and 17 heads of state joined thousands of mourners in Oslo on Wednesday for the burial of King Harald V, concluding a national mourning period with a 21-gun salute and cathedral service.

Read article