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MarketsCNBCFiled 4 days ago

Trump says U.S. carried out ‘minor strikes’ on Iran as missiles hit Qeshm Island

Open the sourceReported by CNBC, cnbc.com, 7 November 2026

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President Trump said the U.S. conducted “minor strikes” on Iran after Iranian media reported two missiles struck Qeshm Island near the Strait of Hormuz. The exchange marks a fresh escalation between Washington and Tehran in a waterway that carries roughly a fifth of global oil supply. Traders will watch crude prices and shipping traffic through Hormuz for signs of disruption, and whether both sides keep the response limited or retaliate further.

Muhabbit's AI wrote this summary in its own words from CNBC's report. It can get details wrong, so check the source.

Named in this story

Iran, United States, Donald Trump, Strait of Hormuz, Qeshm Island