๐บ๐ธ๐ฎ๐ท๐ฎ๐ฑ - WAR IN IRAN | DAY 3
Both sides continue to launch strikes, with Iranian ballistic missile usage noticeably declining, while drone attacks stay stable. The amount of Iranian impacts against gulf states has largely stayed the same, while US Israeli strikes are continuing on pace, or even increasing.
๐ฎ๐ท๐ฎ๐ฑ- 1584 red alerts have been issued in Israel since the start of this war, in comparison with 1430 alerts for the whole of the 12 day war.
๐บ๐ธ๐ฐ๐ผ- Kuwait obtained the first air kill of the war, downing 3 friendly american F-15E's in a friendly fire incident, with all pilots surviving.
๐ฎ๐ท- Iran has continued its campaign to block the Strait of Hormuz , attacking its 6th ship and virtually halting traffic in the region.
๐ถ๐ฆ๐ฎ๐ท- Qatar announced the downing of two Iranian Su-24 tactical bombers, marking the first offensive move against Iran outside Israel or the United States.
๐บ๐ธ๐ฎ๐ท- President Trump and Secretary of Defence Pete Hegseth have both stated they won't rule out boots on the ground in Iran if needed, and will "go as far as we need to go to advance American interests"
๐บ๐ธ๐ฐ๐ผ๐ธ๐ฆ- 4 Iranian drones struck the U.S. embassy in Riyadh, Saudi Arabia, 2 strikes on the US Embassy in Kuwait, and a strike on the US Embassy on Jordan.
๐ง๐ญ- Riots in Bahrain (Shiite majority population with a Sunni royal family), GCC has deployed troops to Bahrain to assist with containing them.
๐ฑ๐ง๐ฎ๐ท๐ฎ๐ฑ- Israel conducted attacks in southern Lebanon and bombed the IRIB building in Iran
๐บ๐ธ๐ฎ๐ท- U.S. soldier death count rises to 6 with 20+ seriously injured
๐บ๐ธ๐ฎ๐ท- Trump vows revenge for killing of 6 American soldiers
๐บ๐ธ๐ฎ๐ท๐ฎ๐ฑ- Marco Rubio says The United States launched a preemptive strike because they knew Israel would strike Iran.
๐บ๐ธ๐ฎ๐ท- US Central Command announces entire Iranian navy has been destroyed.
๐บ๐ธ๐ฎ๐ถ- Iraqi militias target U.S. base and hotel where they say U.S. soldiers are staying in Erbil, Iraqi Kurdistan.
๐บ๐ธ๐ฎ๐ท- Ali Larijani, Secretary of Iran's Supreme National Security Council, says Iran will not negotiate with the United States.
๐ธ๐ฆ๐ฎ๐ท- The Ras Tanura refinery, Saudi Arabia, has temporarily ceased all operations due to Iranian drone attacks.
In total, Iran has struck these nations' militaries, bases, or assets:
๐บ๐ธ-United States
๐ฎ๐ฑ-Israel
๐ฆ๐ช-United Arab Emirates
๐ฐ๐ผ-Kuwait
๐ถ๐ฆ-Qatar
๐ง๐ญ-Bahrain
๐ฎ๐ถ-Iraq
๐ธ๐ฆ-Saudi Arabia
๐ฏ๐ด-Jordan
๐จ๐พ๐ฌ๐ง-Cyprus
Here is our previous recap:
๐บ๐ธ๐ฎ๐ทโก๏ธ- โU.S. Central Command (CENTCOM) completed another round of strikes against Iran at 9 p.m. ET, July 20.
U.S. forces struck Iranian military command centers, maritime capabilities, missile and drone launch sites, and air defense systems to degrade Iran's ability to continue attacking commercial vessels flowing through the Strait of Hormuz.
Commercial vessel transits through the vital international maritime corridor continue. Since early May, CENTCOM forces have helped facilitate the transit of approximately 900 commercial vessels and 450 million barrels of crude oil.
American forces remain postured and prepared to hold Iran accountable for unwarranted aggression toward civilian mariners seeking to freely and openly transit the strait.โ - U.S. Central Command.
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Dr. Jeff Barke
Mike
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๐ Market News Digest
[2026-07-19 17:00โ2026-07-20 16:30 EST]
๐ฅ Top Stories
โข U.S.-Iran conflict escalates โ fresh U.S. strikes, Iranian retaliation, and talks/ceasefire chatter keep markets on edge
โข Oil surges on Hormuz risk โ Brent topped $90 intraday, WTI near $83, with tanker incidents and Saudi/Hormuz shipping threats
โข Trump escalates pressure on Iran โ says Iran will โpayโ for U.S. deaths; U.S. adds aircraft and signals next campaign phase
โข Canada CPI cools โ headline CPI eased to 2.8% y/y, supporting easier BoC path and denting CAD
โข UK government reset โ Starmer resigned; Burnham took over with a reshuffled cabinet, pledging fiscal rules but more flexibility
โฝ Oil & Energy
โข Tankers hit / shipping disrupted โ fires, explosions and drone threats in Strait of Hormuz, Bahrain, Kuwait and off Oman
โข Chevron shuts Petronius output โ Gulf platform shut-in as storm risk adds to energy supply worries
โข CPC oil loadings suspended โ attacks on tankers halt Kazakhstan ...
๐ข Analysts estimate the U.S. has about 43 days until its crude oil inventory is empty.
๐ Barchart
โฝ๏ธ While the price of crude oil is still below the prices seen during the peak of the 3rd Gulf War fighting, diesel prices on the other hand are surging and surpassed their peak in May.
Diesel is the most important fuel for the global economy, widely used in agriculture to fuel tractors and combine-harvesters.
@CIG_telegram