U.S. strikes Iranian targets in Strait of Hormuz before midterms

The U.S. conducted defensive strikes on Iranian targets in the Strait of Hormuz on Monday, November 2, 2026, targeting surface-to-air missiles used against American assets, according to a U.S. official. The limited action came on the eve of U.S. midterm elections. The strikes occurred as Vice-President J.D. Vance expressed measured optimism about a potential negotiated settlement with Iran, citing recent talks and a letter sent to Iran's security chief. Israeli Prime Minister Benjamin Netanyahu is pushing for further strikes after the elections, while diplomatic efforts involving Qatari mediators continue. Oil prices dropped Monday amid signs of diplomatic progress, and President Donald Trump downplayed the conflict's scale, noting it has cost U.S. taxpayers at least $47 billion. The war's impact on gasoline prices has been a political vulnerability for Republicans ahead of the elections.