Just a matter of time before the Fed hikes, says fmr. Trump economist

Kuwaiti Army: Air defenses are dealing with hostile aerial targets Iran fires fresh missiles at Jordan, Kuwait and Bahrain in widening attacks Iran reportedly fired ballistic missiles at Jordan's Muwaffaq Salti Air Base, which hosts US forces in eastern Jordan. The base was targeted in an earlier salvo, the previous night, that was fully intercepted, and alleged footage purportedly showed the latest missiles leaving Iranian territory. Kuwait's Armed Forces General Staff said its air defence systems were actively intercepting hostile aerial targets originating from Iran, including both drones and ballistic missiles, in line with established operational procedures. In Bahrain, air raid sirens sounded again, with authorities urging citizens and residents to remain calm, move to the nearest safe location and follow updates through official channels. Reports indicated that Bahrain, Jordan and Kuwait all intercepted Iranian missiles and drones aimed at US military assets, underscoring the extent to which the conflict has expanded to draw in multiple Gulf states hosting American forces. The renewed attacks raise questions over whether Iran is attempting to find gaps in regional missile defences after earlier strikes were intercepted, or whether the strategy is aimed simply at sustaining pressure across multiple fronts regardless of interception rates.

IRGC Navy: We warn against any ship leaving its anchorage in the Gulf and the Sea of Oman and consider its approach to Hormuz cooperation with the enemy