Iran and US forces exchanged the biggest barrage since July on Sept 2, with American strikes hitting Iran’s southern coast and Iran firing at US bases across the region. Iran said the US hit a wedding party, killing five and wounding dozens. Stocks fell and oil rose after the renewed strikes.
WHO:US Central Command and Iran
WHAT:American air strikes on Iran’s southern coast and Iranian fire at US bases across the region
WHEN:Reported Sep 2, 2026 at 8:37 AM ET
WHERE:Gulf region
WHY:The exchange was triggered by US air strikes on Iran’s southern coast and Iran’s subsequent retaliation against US bases.
How this story developed (showing 7 of 7 earlier reports)