The United States has expanded its military actions in Iran, shifting from initial strikes in the Strait of Hormuz to undisclosed inland targets.
This development, reported by Al Jazeera, marks a strategic escalation in the ongoing conflict. The campaign, involving the US and Israel against Iran and its allies, has intensified since a ceasefire collapsed earlier this month.
The focus has moved from protecting maritime routes to targeting Iran’s military logistics and command capabilities more broadly. Market pricing reflects a rise in the perceived likelihood for a US invasion of Iran before the end of 2026, with odds increasing from 16% a week ago to 27.5% currently.
Observers should monitor US and Iranian diplomatic interactions for any signs of de-escalation or further escalation.