Skip to content
Back to Guavy Wire
Commodities

US, Saudi Arabia, and Jordan Unite Against Iran-Backed Militias in Escalating Conflict

Instruments
Oil
Share

A new escalation in the ongoing conflict between Iran and US-backed forces has begun after Jordan intercepted five Iranian missiles launched early Wednesday. The incident occurred hours after the US military said it had knocked down an Iranian missile barrage launched against American forces in the Middle East, marking a return to hostilities after a brief pause.

The US Central Command announced that they worked with Saudi Arabia's forces to strike sites in Iraq used by Tehran-backed militias to launch attacks. The statement emphasized that further attacks on American troops or Saudi Arabia's energy infrastructure would risk additional action from the US.

The fighting marks the return of a period of escalation, which had been temporarily paused following weeks of tension over the strategic Strait of Hormuz, through which 20% of the world's traded oil normally flows. The conflict has claimed four US troops in recent weeks, and the Pentagon has asked Congress for funding to cover the ballooning costs.

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