US strikes Iran's Larak Island rocket launchers; first direct US-Iran exchange since late July

US forces struck two rocket launchers on Iran's Larak Island, marking the first known American strikes on Iran since late July and signaling a renewed direct military exchange. Treasury Secretary Bessent signaled additional sanctions, indicating a dual-track escalation of kinetic and economic pressure. The strike's impact on regional oil infrastructure and the potential for Iranian retaliation remain uncertain.