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Ongoing Iran War - Six months In | REPORTS

Irag8er

DEFCON Staff
Staff member
Joined
Oct 16, 2016

Six months into the Iran war: Markets become accustomed to stalemate with no end in sight

KEY POINTS
  • Six months after the U.S. and Israel launched major combat operations in Iran, the conflict has settled into a prolonged standoff with no clear end in sight.
  • The Trump administration has shifted toward economic pressure, including planned secondary sanctions, as it pulls back from further major military escalation.
  • Experts told CNBC the strategy is unlikely to force Iran to capitulate quickly, while continued attacks around the Strait of Hormuz keep escalation risks high.
 

Iran trade falls as Supreme Leader Khamenei urges less reliance on the U.S. dollar

KEY POINTS
  • President Masoud Pezeshkian said Iranian imports and exports have fallen between 25% and 35%, with imports declining more.
  • Supreme Leader Mojtaba Khamenei calls for gradually reducing the U.S. dollar’s role and relying more heavily on domestic production.
  • Iran’s August crude export loadings are down more than 80% from August 2025, according to Kpler.

 
In response to the U.S. strike tonight on two Iranian rocket launch positions on Larak Island, the IRGC has vowed to respond, with what will likely be strikes on U.S. bases and infrastructure across the region and increased targeting of commercial vessels in the Strait of Hormuz and surrounding areas.
 
Multiple explosions have been reported on Larak Island in Iran. Iranian Telegram channels are reporting up to 120 casualties and all IRGC personnel so far.As the situation develops, all flights across Iran have now been cancelled and the sky is almost clear.At the time of posting, another explosion has been reported so the attacks may still be happening.
Could be secondary explosions or it could be escalating. Hard to tell.
 
At least ten more ballistic missiles have been launched by the IRGC Aerospace Force at air bases hosting U.S. military forces in Jordan, Kuwait, Bahrain, and the United Arab Emirates.Ballistic missile launches have been reported tonight from Bidkaneh near Tehran and the Imam Ali Missile Base near Khorramabad, as well as from four additional ballistic missile bases near Orumiyeh, Tabriz, Shiraz and Karaj.
 
Tonight, the U. S. Army fired over 80 MIM-104F surface-to-air missiles at the incoming Iranian ballistic missiles in Jordan using two Patriot PAC-3 batteries on deployment from Ansbach, Germany.
It appears that the IRGC Aerospace Force is launching a second wave of ballistic missiles toward Jordan tonight, with Prince Hassan Air Base and Muwaffaq Salti Air Base among the apparent targets.
The attack may be intended in part to exhaust the MIM-104F interceptors used by U.S. Army Patriot PAC-3 batteries deployed to Jordan from Germany, amid pressure on U.S. interceptor stocks worldwide, including in Germany and South Korea.
Gee I wonder where they got that idea! :mad: 👆
The IRGC may be employing older medium-range ballistic missiles, potentially including Shahab-3s, as relatively expendable weapons to force Patriot batteries to consume additional interceptors.
 

🔊 Iranian media: US strike on Iran’s Larak Island killed 2, injured others

🗣️ US to hit Iran 'hard' after attack on American forces, Trump tells Fox News


 
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