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Blackmint Desk · Macro · Oct 25, 2026

Iran Says It Shot Down a U.S. Drone Over Bandar Abbas

Iran's army says its air defenses downed a U.S. LUCAS attack drone near the Strait of Hormuz. U.S. officials had not responded, and bitcoin held near $80,240.

Iran's army said its air defenses shot down a U.S. drone over the port city of Bandar Abbas on Sunday, according to a Reuters report carried by Arab News that cited the semi-official Tasnim agency. No one outside Iran has confirmed it.

Bandar Abbas sits on the Strait of Hormuz, the narrow route tankers use to carry Gulf crude to the world. Higher oil feeds inflation, and inflation is what the Federal Reserve weighs when it meets Oct. 27-28, per the Fed's calendar.

Tehran named the drone type

The army's public relations office said a "U.S. Lucas drone" was destroyed by its integrated air defense network, Iran's Mehr News Agency reported. Iran International carried the same claim.

LUCAS is a low-cost, one-way attack drone that U.S. Central Command fields in the Middle East, according to CENTCOM and DefenseScoop.

No word from Washington

U.S. officials had not publicly responded to the claim in the reports reviewed by 6 a.m. ET. Iran gave no details on the drone's mission or any wreckage.

Crypto barely moved. Bitcoin traded near $80,240 at 6:01 a.m. ET, down 0.4% in 24 hours, and ether was near $2,325, down 1.7%, per CoinGecko (BTC, ETH).

In our opinion: one side's account of a shoot-down is a claim, not a confirmed event. The other side hasn't spoken yet.

Sources: Arab News (Reuters) · Mehr News Agency · Iran International · U.S. Central Command · DefenseScoop · Federal Reserve FOMC calendar · CoinGecko (Bitcoin) · CoinGecko (Ethereum)

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