US officials reported that American forces struck an Iranian drone operation near Bandar Abbas after intelligence indicated preparations for attacks near the strategic waterway. In response, Iran's Revolutionary Guard targeted a military base allegedly linked to the U.S. operation.

This confrontation came hours after reports emerged suggesting that Washington and Tehran were discussing a framework to reopen commercial shipping through the Strait of Hormuz and reduce tensions in the region.

Trump dismissed the reports, insisting that the United States would continue to protect freedom of navigation in the Gulf and denying that any agreement had been reached.

The renewed hostilities quickly raised concerns in global energy markets again, with oil prices escalating rising fears that instability around the Strait of Hormuz could disrupt international oil supplies.

Tensions between U.S. and Iran have remained high throughout this year, following sanctions, military confrontations, and repeated incidents involving naval forces in the Gulf, where several countries including China and Pakistan attempted to mediate negotiations, but talks continue to hinder cause of disagreements over sanctions, regional security, and military presence in the area.