The U.S. military hit targets in Iran on Tuesday and Tehran fired missiles and drones at various sites across the region in response as hostilities flare once again in an intermittent war that has lasted more than six months.

The U.S. launched new air strikes on Iranian targets on ‌Tuesday, in a move that threatened to reignite the six-month-old conflict that has driven global energy prices higher and weighed heavily on U.

The Iranian Red Crescent says the deaths happened when shrapnel from a US missile hit a home where a celebration was taking place in southern Iran.

Trump asking when Iranians will “rise up and fight" revives questions over whether the administration’s Iran strategy is shifting beyond economic pressure and negotiations

The strikes follow attacks against commercial shipping and service members.

Stocks fell on Monday after the U.S. and Iran traded fire for the first time in a month, though the major averages still closed out August with gains.

Treasury Secretary Scott Bessent warned nations still propping up Tehran to "stay away" as new sanctions target the nation on multiple fronts.