The U.S. Central Command has carried out a series of attacks on Iranian military and surveillance targets in retaliation to the downing of its Army helicopter in the Gulf of Oman.
Iran's Islamic Revolutionary Guard Corps said it hit back with strikes on 21 targets at U.S. military bases in the Middle East, including in Bahrain, Kuwait and Jordan, in the early hours of Wednesday.
The U.S. allies said their military intercepted the drones and missiles.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.