Tugboat Daily Brief - Iran-Israel Conflict - 2026-09-02
American warplanes struck Iranian military infrastructure while Tehran retaliated with missiles against US bases, marking a shift from proxy skirmishes to direct state-on-state combat. Global markets responded with rising gold prices and steady oil costs as both sides prepared for sustained engagement amid hardening regional alliances.
Key Developments
American warplanes struck IRGC facilities in Bandar Abbas and Jiroft, shifting the conflict from proxy skirmishes to direct state-on-state combat.
Iran retaliated by launching ballistic missiles and drones at US bases in Jordan and Bahrain…
The skinny
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