Iran’s Islamic Revolutionary Guard Corps struck US military facilities across three countries on June 10, marking one of the most significant direct attacks on American bases in the Middle East in decades.
The IRGC claimed responsibility for missile and drone strikes on between 18 and 21 US-linked military sites in Kuwait, Bahrain, and Jordan. Among the targets were Al-Azraq Air Base in Jordan and Ali Al-Salem Air Base in Kuwait, both critical nodes in America’s regional military infrastructure.
An estimated $80 billion in digital asset liquidations followed the strikes, as crypto markets absorbed the shockwave of the conflict.
What happened and why it matters
Iran framed the attacks as retaliation for recent US precision strikes that targeted Iranian air defenses and command centers near the Strait of Hormuz. Roughly one-fifth of the world’s oil supply passes through it daily, making any military activity in the area a direct threat to global energy markets.
