Tugboat Daily Brief - Iran-Israel Conflict - 2026-07-30
The United States and Saudi Arabia launched coordinated airstrikes against Iranian targets while Tehran retaliated with ballistic missile strikes on US installations in Jordan. Global oil prices rose to $92 a barrel and gold surged past $4,100 as the escalation index reached 58, indicating a sustained direct confrontation.
Key Developments
The United States and Saudi Arabia conducted coordinated airstrikes against Iranian targets, marking a shift to direct offensive operations.
Iran retaliated by launching ballistic missiles at US installations in Jordan, breaking previous de-escalation…
The skinny
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