AFBytes Quarter Rundown — Thursday, July 16, 1:00 PM ET

Folks. Here are today's most important stories from the last 24 hours. According to CBS News, the U.S. military has launched strikes against multiple Iranian targets in the latest round of tensions over the Strait of Hormuz. The Strait is a vital shipping lane for global oil supplies, and this escalation could lead to higher oil prices, impacting American households and industries alike. The situation remains tense, with both sides continuing to exchange attacks. This conflict underscores the importance of securing vital trade routes for energy security. Stay tuned for more updates. The Israel National News reports that Iran has instructed Houthi forces to prepare measures that could halt commercial traffic through the Red Sea. This comes amid ongoing regional tensions and follows previous Houthi attacks on shipping lanes. The potential closure of the Red Sea could lead to increased shipping costs and higher prices for goods and energy products in the U.S. It highlights the critical nature of free navigation through key shipping routes for global trade. Stay updated on the latest developments. France 24 reports that the U.S. and Iran have resumed limited strikes after a month-long lull. Both sides are contesting influence over the Strait of Hormuz, a vital waterway for global oil traffic. Disruption in the Strait could lead to higher crude prices, impacting American households and businesses. This conflict highlights the importance of securing energy supply routes for economic stability. Stay tuned for more analysis. The U.S. government has added two Mexican cartels to its foreign terrorist organizations list. This move broadens legal authorities for disrupting their operations. Terrorist designations expand U.S. enforcement tools against cross-border crime networks, impacting drug flows and border security. Stay updated on the latest security developments. That's the day from where we sit — thanks for spending part of it with us. Stay with us at AFBytes for what's next.