The U.S. military launched strikes on Iran's southern coast while diplomats from both countries were meeting in Qatar to negotiate peace. The strikes targeted military positions along the Gulf coast. The timing showed that fighting and talking were happening at the same time.
The U.S. said the strikes were necessary to respond to Iranian military activities. Iran has been involved in the conflict for months, and both sides have expressed interest in finding a peaceful solution. The Qatar talks represent one of the first serious diplomatic efforts to stop the fighting.
Markets and businesses worldwide are watching closely because conflicts in the Middle East affect oil prices, shipping routes, and global trade. Companies that rely on shipping through the Persian Gulf face higher costs and delays when tensions rise. Investors are uncertain about whether peace talks will succeed or if the conflict will expand.
Officials from both sides are expected to continue meeting in Qatar over the coming days to discuss terms for ending the conflict. The U.S. has said it remains open to diplomacy but will defend its interests in the region. Success depends on whether both sides can agree on the main issues dividing them.