Skip to content
Back to Guavy Wire
Commodities

Saudi-US Strikes Hit Iran-Backed Militias in Iraq

Instruments
Oil
Share

Saudi Arabia and the US carried out targeted strikes against Iran-backed militia positions in Iraq on July 28, according to a statement from the Saudi Defence Ministry.

The operation was conducted in coordination with US Central Command (CENTCOM) and aimed at disrupting attacks blamed on Iran-aligned armed groups.

Saudi officials said the strikes were in response to repeated drone attacks on the kingdom's oil infrastructure, which had been launched by militias linked to Iran.

CENTCOM confirmed that American and Saudi forces carried out precision strikes against what it described as 'Iran-aligned militants directed by Iran's Islamic Revolutionary Guard Corps (IRGC)'.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc