The United States launches new strikes against Iran early Wednesday, citing Iranian attacks on three commercial ships transiting the Strait of Hormuz. Multiple outlets report that the action follows an incident in which the vessels were hit by projectiles while sailing in international waters off Oman. The U.S. military says it is imposing “heavy costs” for attacks on commercial shipping crewed by civilians, and describes targeting options such as air-defense and coastal surveillance systems, ground-to-air missile capabilities, anti-ship cruise missile and drone launch sites, and related facilities, with additional reporting that some port facilities are targeted. At the same time, the Trump administration revokes a waiver that had allowed Iranian oil sales, according to several sources, which also frames the move as part of broader pressure alongside military action. Iran is reported to retaliate with strikes targeting Bahrain and Kuwait, prompting missile alerts in both locations. The exchange of fire occurs amid regional diplomatic uncertainty, with reporting that the escalation could undermine an interim effort to curb fighting and reopen the strait. Some coverage also notes the strikes take place during a dayslong funeral period for Iran’s Supreme Leader Ayatollah Ali Khamenei.