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Commodities

Iranian Missiles Intercepted Amid Escalating Tensions in Middle East

Guavy AI Editorial Team
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Oil
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A series of events unfolded in the Middle East on July 27 and 29, 2026. Jordan's air defenses intercepted five Iranian missiles launched towards its territory early Wednesday.

The incident comes as the US and Saudi Arabia launched strikes against militias in Iraq. The strikes are part of a larger effort to counter Iran's military presence in the region.

Saudi Aramco, an oil processing facility in Abqaiq, Saudi Arabia, was also targeted by Iran in recent days. However, no casualties or significant damage were reported.

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