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Iran Retaliates Against U.S. Bases in Kuwait and Bahrain After Second Tanker Strike; Trump Warns He May 'Complete the Job'
  • Iran's IRGC launched missile and drone strikes on U.S. facilities at Ali al-Salem Air Base in Kuwait and the Fifth Fleet base at Port Salman in Bahrain on June 27–28, claiming to have destroyed eight sites; Kuwait said its air defenses intercepted incoming projectiles and no U.S. casualties were reported.
  • President Trump warned that if Iran continues violating the ceasefire the U.S. may be 'forced to militarily complete the job,' raising the risk of a wider regional war (Bloomberg/NYT, Jun 27–28). Oil markets reversed: Brent, which had slipped toward $69–$72 on tentative Hormuz-recovery optimism, rebounded to roughly $73.60 a barrel as analysts warned a sustained Strait of Hormuz disruption could push crude back above $80. Shipping through the strait faces a renewed setback, complicating the post-ceasefire recovery (NYT, Jun 27).
4 days ago