Tugboat Daily Brief - Iran-Israel Conflict - 2026-07-22
The US launched its eleventh wave of airstrikes against Iranian targets to secure the Strait of Hormuz, prompting Tehran to retaliate with missile strikes on American bases in Kuwait, Bahrain, and Jordan. This escalation coincides with Houthi blockades of Saudi ports and volatile energy markets as Gulf mediators attempt to prevent further regional expansion.
Key Developments
The US launched its eleventh wave of direct strikes against Iranian military infrastructure to secure the Strait of Hormuz.
Iranian forces retaliated by firing missiles at US bases in Kuwait, Bahrain, and Jordan, injuring…
The skinny
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