US forces struck an Islamic Republic military base in Kamalshahr on Thursday morning, continuing a pattern of military operations that has kept global markets, including crypto, on edge for months.
The strikes targeted a facility in Alborz Province, with explosions and visible smoke reported in the Hesarak area. The operation was conducted by US Central Command as part of what the military has framed as self-defense against perceived threats from Iranian forces.
A conflict that keeps escalating
The current round of hostilities traces back to February 28, 2026, when coordinated US and Israeli strikes launched a campaign aimed at degrading Iran’s military capabilities. The target list has included missile infrastructure and drone programs.
A ceasefire was established around April 8. That ceasefire has been violated multiple times since May. In late May, US strikes near Bandar Abbas drew Iranian military responses, and Iranian officials have claimed retaliatory strikes on US-linked bases caused damage in the hundreds of millions of dollars.
