Return To War: Iran Fires Ballistic Missiles At Kuwait, Bahrain, Qatar, Jordan, After US Struck 170 Iranian Targets
Just as the US nighttime strikes were significantly bigger than prior rounds in June, so has Iran’s ‘retaliation’ been bigger – chiefly on Gulf states and American bases there.
In the overnight and Thursday daytime hours, Iranian ballistic missiles and drones have targeted Kuwait, Qatar, Bahrain, and even faraway Jordan. The country is reporting that it has intercepted several missiles, which targeted Muwaffaq Salti Air Base – jointly operated by US and Jordanian forces. Oil prices have persisted above prewar levels on Thursday.
This from Armstrong: The Iran conflict will continue into 2027 not because of military necessity, but because of economic necessity. The elites who control the Western financial and political apparatus require an extended conflict to manage the sovereign debt collapse that the Socrates model has long predicted. On top of that, Netanyahu needs a victory for his October election. Nobody gives a shit about Trump’s legacy. They have trapped him in an unwinnable war, and this will expand dramatically.
Our analysis finds no scenario in which de-escalation occurs before the sovereign debt crisis is fully addressed, and the debt crisis cannot be addressed without wartime financial controls.
The war will continue until the financial restructuring is complete. That process extends through 2027.