Tugboat Daily Brief - Iran-Israel Conflict - 2026-07-25
The US conducts its thirteenth night of airstrikes on Iranian military infrastructure while Tehran retaliates against American bases in the Gulf. Gulf states join the conflict with covert strikes as global markets react to the escalating direct combat and fractured diplomacy.
Key Developments
The United States completed its thirteenth night of airstrikes on Iranian military infrastructure while Tehran launched retaliatory strikes against US bases in Bahrain, Kuwait, and Jordan.
Iran rejected the latest ceasefire proposal, signaling a hardline stance focused on sovereignty and asymmetric…
The skinny
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