Iranian state-affiliated media, Fars News Agency, has reported that multiple missiles have successfully targeted sites in Qatar and the United Arab Emirates, according to information from Saberin News. The report also mentions that explosions are continuing at US military bases in both countries. This development is part of the ongoing 2026 Iran war, which was triggered by joint US and Israeli airstrikes on Iran, leading to Iranian retaliations against US and allied assets in the Persian Gulf region.
The reported strikes highlight an escalation in the conflict, with Al-Udeid Air Base in Qatar and Al-Dhafra Air Base in the UAE being significant targets. These bases host a substantial number of US military personnel and are critical to US operations in the Middle East. Iran’s military actions are consistent with its previous declarations that any nation allowing its territory to be used for attacks against Iran is a legitimate target.
Markets have reacted to these developments, with the “Iran Military Action Against a Gulf State” market showing increased support for a YES outcome. Current pricing suggests a heightened probability of further Iranian military actions on July 13.
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