IRGC Strikes US Air Base, Sends Global Risk Markets into Chaos

The Iranian Revolutionary Guard Corps (IRGC) has claimed responsibility for striking the US air base in Kuwait, Ali Al Salem Air Base. The attack, described as part of Iran's 'third phase' of retaliation against US aggression, has sent shockwaves through global risk markets and pushed Bitcoin's price close to $100K. Liquidations across risk assets exceeded $700 million as traders scrambled to adjust positions in response to the volatility.

The IRGC launched a series of strikes on July 13, 20, and 24, 2026, using kamikaze drones and missiles targeting ammunition depots, fuel tanks, Patriot missile defense systems, and personnel hangars. Iran framed the operation as a calculated response to US military actions in the region.

Kuwaiti authorities acknowledged intercepting hostile drones but have not confirmed any damage assessments. The US military has also not provided independent verification of damage or casualties resulting from the strikes.