Overview
- Gulf Cooperation Council leaders issued a unified condemnation of recent Iranian missile and drone strikes that they say hit infrastructure and civilian sites in Bahrain, Kuwait and Jordan.
- The GCC described the strikes as violations of international law and called them war crimes while pressing the UN Security Council to hold Iran accountable.
- The council reported injuries to civilian workers in Kuwait and framed the incidents as a regional security escalation that could trigger collective defensive measures if attacks continue.
- Markets and short-term prediction markets have priced higher near-term risk, with a reported 54.5% probability for further Iranian action on a near-term contract, a signal rather than a forecast.
- The strikes also recalled earlier attacks that threatened tankers in the Strait of Hormuz, raising concerns about energy supply and the need for stronger measures to protect Gulf shipping lanes.