Iran fired drones in direction of Saudi Arabia and Kuwait early Tuesday as U.S. President Donald Trump despatched contradictory indicators about how lengthy the battle might final, fueling uncertainty that’s inflicting markets to swing.
The Saudi Defense Ministry mentioned it has destroyed drones over the dominion’s oil-rich jap area, whereas in Kuwait, the National Guard mentioned it shot some down within the nation’s northern and southern areas.
Iran’s newest assaults on neighboring Gulf States come as Trump late Monday informed Republican lawmakers that the battle was more likely to be a “short excursion,” however hours later threatened in a put up on social media that the U.S. would dramatically enhance assaults if Iran tried to shut the Strait of Hormuz.
In an obvious response to Trump’s remarks printed in Iranian state media, a spokesperson for the paramilitary Revolutionary Guard, Ali Mohammad Naini, mentioned “Iran will determine when the war ends.”
Major developments we’re following:
- Defense Secretary Pete Hegseth mentioned Tuesday morning that “today will be yet again our most intense day of strikes inside Iran.” Shortly earlier than the assertion, made to reporters from the Pentagon, he mentioned “the last 24 hours have seen Iran fire the lowest amount of missiles they have fired yet.”
- Trump sends contradictory messages: The president on Monday informed Republican lawmakers that the battle was more likely to be a “short excursion,” however hours later posted on social media that “If Iran does anything that stops the flow of Oil within the Strait of Hormuz, they will be hit by the United States of America TWENTY TIMES HARDER than they have been hit thus far.”
- US market seesaws on uncertainty of battle: The U.S. stock market careened through a manic Monday, going from a steep early loss to a strong achieve as worries was hope that the battle with Iran might not final that lengthy. Oil costs whipped from nearly $120 per barrel, the very best since 2022, again towards $90.
- The loss of life toll continues to rise: The battle has killed at the least 1,230 folks in Iran, at the least 397 in Lebanon and 11 in Israel, in keeping with officers in these international locations.
