Shipping through the Strait of Hormuz dropped off considerably, and regional energy infrastructure is again being targeted. Iran in recent days has damaged several sites in Kuwait, including oil and power facilities and water desalination plants. The United States, for its part, has expanded its attacks to include Iranian bridges and other critical infrastructure.
Article source: https://www.nytimes.com/2026/07/19/business/oil-prices-stocks-gas.html