by Michael Snyder, The Economic Collapse Blog:
We knew that this wasn’t over. The ill-fated “Memorandum of Understanding” may have delayed the inevitable, but now the ceasefire is dead and fighting is raging throughout the Middle East all over again. Sadly, we shall soon see just how far both sides are willing to escalate matters. In my opinion, we are going to witness some absolutely shocking escalations in the months ahead. None of the parties involved in this war have any intention of backing down, and I am convinced that some very shocking “surprises” are ahead.
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On Tuesday and Wednesday, U.S. forces pounded dozens of important Iranian military targets…
US strikes on Iran over the last 48 hours have targeted Iran’s military assets near the Strait of Hormuz, a waterway responsible for one-fifth of the world’s oil supply.
Various Iranian air defense systems, drones, regime speed boats, and missile storage sites have been destroyed, according to US Central Command. US officials claim that the strikes are designed to stop Iran from attacking commercial shipping vessels crossing the strait.
U.S. Central Command is telling us that a total of 170 targets were hit.
These airstrikes were far more extensive than what we witnessed near the end of last month, and the Iranian response has been much larger as well.
In fact, in recent hours the Iranians have launched missiles and drones at bases in Kuwait, Qatar, Bahrain and Jordan…
Just as the US nighttime strikes were significantly bigger than prior rounds in June, so has Iran’s ‘retaliation’ been bigger – chiefly on Gulf states and American bases there.
In the overnight and Thursday daytime hours, Iranian ballistic missiles and drones have targeted Kuwait, Qatar, Bahrain, and even faraway Jordan. The country is reporting that it has intercepted several missiles, which targeted Muwaffaq Salti Air Base – jointly operated by US and Jordanian forces. Oil prices have persisted above prewar levels on Thursday.
If Iran was ready to stop shooting, it appears that the U.S. was willing to stop shooting as well…
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