Iran has launched strikes on at least 16 US military installations across eight countries, inflicting billions of dollars in damage and rendering some sites nearly inoperable. The attacks involved advanced missile and drone technology. Camp Arifjan in Kuwait faced a week-long barrage. Initial US damage assessments reportedly underestimated Iran's capabilities.
Prediction markets show a slight uptick in Iranian regime change odds: 2.5% YES for end of May. Military action against Iran remains low at 0.1% YES. The market for Iranian strikes against Israel has settled at 100% YES, reflecting the resolution of the April 30 deadline.
Analysts urge monitoring official responses from the US, allies, and Iran for further market shifts.