Loading ...State Department Issues “Worldwide Caution” As US-Iran Tit-For-Tat Spirals Into Regional Crisis
Summary
- CENTCOM Says US Forces Launch New Strike On Iran
- State Dept. Issues Worldwide Warning
- CENTCOM says two US troops killed in Iranian attack on Jordan base.
- Iran formally suspends MoU with the US, declaring agreement is over & commitments will no longer be fulfilled.
- Fighting escalates into seventh straight day of heavy bombings.
- Iran reportedly struck a US base in Saudi Arabia for the first time in four months.
- US strikes disrupt southern Iran’s telecom network, knocking out 116 communication towers amid new infrastructure war.
- Iran pounds Kuwait’s energy infrastructure, damaging power & desalination facilities.
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US-Iran Tit-For-Tat Spirals Towards Broader Conflict
https://www.zerohedge.com/geopolitical/us-iran-tit-tat-spirals-towards-broader-conflict
LATEST OVERNIGHT HEADLINES IN 1st COMMENT ATTACHED
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“We’ve Burned Through All Buffers”: Oil Traders Warn Market Running On Fumes
“Ultimately, the market was pricing an optimistic flow trajectory that now is clearly not on the table, at least . . . not until we get another round of diplomacy,” Natixis Bank analyst Joel Hancock wrote in a note.
US-Iran Military Tit-For-Tat Escalation – LATEST OVERNIGHT HEADLINES
Two US service members were killed and another went missing in action during Iranian ballistic missile and drone attacks in Jordan on Friday; four others were evacuated to Jordanian hospitals.
The US launched fresh strikes on Iran overnight Saturday, hitting Qeshm Island in the Persian Gulf and southern cities including Shadegan, Sirik and Hajiabad, according to Iranian media.
Iran suspended its commitments under the interim deal with the US as both sides continued exchanging strikes on infrastructure and military targets.
Bahrain said it intercepted several Iranian aerial attacks on Sunday.
Jordan evacuated Aqaba’s airport and seaport due to a specific and credible threat, with the US embassy advising Americans to avoid both locations.
Hormuz Chokepoint Tensions
Iran’s Revolutionary Guards said four vessels attempted to transit the Strait of Hormuz via an unauthorized route; two were stopped after accidents and two turned back.
Iran accused the ships of attempting to disrupt transit through the strait with “support from American terrorists” and said they had turned off their navigation systems.
Iran rushed out approximately $6 billion of oil during a brief truce with the US in mid-June to mid-July, with around 20 Iranian tankers arriving off Malaysia’s east coast, with China as the likely ultimate destination, according to analysts, per the Wall Street Journal.
Regional Impact & Kuwait Strikes Crisis
Kuwait suffered some of its worst Iranian retaliatory attacks, with strikes on a vital oil facility causing significant damage and injuries, and a second power plant hit in as many days.
Kuwait airport suspended flights and Kuwait Airways rescheduled the majority of its flights following the attacks.
Iraq is using a large fleet of trucks to carry fuel through Syria to bypass the Strait of Hormuz, rapidly making Syria the Middle East’s top export hub, accounting for more than a quarter of regional volumes.
Oil Market Woes
Renewed fighting is raising the risk of an oil price spike as global supply buffers have been worn thin, with emergency stockpile releases and reduced Chinese imports having previously helped avert a crisis when the Strait of Hormuz first closed in March.
Concerns over re-escalation of the war pushed oil prices sharply higher following Iran’s heavy attacks on Kuwait.
IT’S OFFICIAL: Iraq just signed 48 DEALS with US companies, including with USA oil giants to bypass the Strait of Hormuz via a new pipeline
Total deals are worth over $60 BILLION, per Reuters
Chevron, ExxonMobil, Shell and more are also involved
https://x.com/EricLDaugh/status/2078805866648633661
Israel Army – According to sources, the US attacked an Iranian military base and reduced three of Iran’s airbases to rubble. Several high-ranking officials, including Iran’s Defense Minister, were killed in the attack. Full details are not yet available. (VIDEO)
https://x.com/Netanyahu_News/status/2078738107277746622