The US has resumed airstrikes in Iran following a brief pause, responding to recent missile attacks on American military installations in Jordan. This escalation comes as the US and Saudi Arabia conducted strikes against Iranian-backed militias in Iraq, resulting in significant casualties. The renewed conflict has led to a spike in oil prices, with Brent crude rising 7.3% to $88 per barrel.
Iraq's president condemned the US-Saudi airstrikes as a violation of sovereignty. Meanwhile, Saudi Arabia is working to form an international coalition to safeguard shipping in the Red Sea from Houthi threats, highlighting the broader implications of the ongoing conflict in the region.
Watch for potential shifts in regional alliances as Saudi Arabia seeks international support against Houthi threats. The US's aggressive stance may provoke further Iranian retaliation, impacting oil markets and military dynamics in Iraq and beyond.