The United States enters a new phase of the US-Iran conflict with a 12th night of strikes on Iranian targets and inland attacks near Andimeshk, Ramshir, and Ahvaz, with Tehran vowing an eye-for-an-eye response to any aggression. Iran's threats occur as the Strait of Hormuz remains a flashpoint for shipping, with Gulf states facing missile and drone attacks and airlines canceling routes, contributing to higher crude prices. Diplomatic talks appear stalled, with Iran saying it is not currently negotiating and indirect Doha discussions yielding no breakthrough, even as Trump warns of further strikes on critical infrastructure. Market and security analyses show an increased risk of continued escalation and higher oil prices, while US officials maintain that Iran’s Revolutionary Guards do not control Hormuz and CENTCOM says it has escorted hundreds of commercial ships. The situation is shaping a broader regional security crisis, with aviation disruptions and ongoing geopolitical maneuvers as both sides prepare for potential deeper escalation.