The United States and Iran have exchanged a second round of military strikes across the Middle East, escalating a conflict that threatens to draw in regional powers and disrupt global energy markets. The White House, facing mounting international pressure, has convened an emergency session to draft a ceasefire proposal, though diplomatic sources indicate that a viable framework remains elusive.
The latest exchanges began early this morning when Iranian forces launched a salvo of ballistic missiles targeting US military installations in Iraq and Kuwait. US Central Command reported that most missiles were intercepted by Patriot defence systems, but several struck bases, causing casualties. In response, the US conducted airstrikes against Iranian Revolutionary Guard Corps positions in Syria and western Iran, targeting command centres and logistics hubs.
The escalation follows a first wave of strikes last week, triggered by an attack on a US embassy compound in Baghdad. Washington attributed that attack to Iranian-backed militias and retaliated with strikes on militia facilities. Tehran, in turn, accused the US of violating Iraqi sovereignty and vowed retaliation.
The new strikes have heightened fears of a broader regional war. Saudi Arabia and the United Arab Emirates have called for restraint, while Israel has signalled its readiness to support US operations. The White House press secretary confirmed that the President has been in contact with European and Gulf allies, urging them to pressure Tehran to de-escalate.
The ceasefire plan under consideration reportedly includes a demand for Iran to halt all support for proxy militias, coupled with a US commitment to withdraw from Iraq and lift certain sanctions. However, analysts doubt Iran’s willingness to accept terms that would undermine its regional influence.
The UN Security Council is scheduled to hold an emergency session this evening. The Secretary-General has appealed for an immediate cessation of hostilities, warning that the conflict could destabilise the entire region.
The impact on global oil markets has been immediate. Brent crude surged past $95 a barrel, raising concerns about inflation and economic recovery. The US Treasury Secretary stated that the administration is prepared to release strategic petroleum reserves if necessary.
As the situation evolves, both sides appear locked in a cycle of retaliation with no clear off-ramp. The coming days will test whether diplomatic efforts can prevail over military logic.
