Iran’s Revolutionary Guard has announced the destruction of a U.S.-linked supply and support center in Kuwait, according to a statement reported by WSN. The center, affiliated with the “KJL” and located in the Abdullah Port area, is said to be linked to the U.S. military’s operations in West Asia. This development is part of Iran’s ongoing Operation True Promise 4, a campaign of missile and drone strikes against U.S. and Israeli military targets, in retaliation for recent attacks on Iranian soil. The incident marks a significant escalation in regional tensions, with both Iran and the U.S. exchanging strikes across the Gulf.
The market for a potential U.S.-Iran nuclear deal by mid-August reflects diminishing optimism amid these escalating hostilities. Current pricing in prediction markets suggests a decreased likelihood of reaching a final nuclear agreement by the August 13 deadline. The conflict’s intensification is prompting concerns about further hardening of positions from both nations, which could impact negotiations adversely.
As of now, the probability of a nuclear deal by August 13 is priced at 1.6% YES, reflecting a decline from the previous day’s odds. Similar trends are observed for other upcoming deadlines, with consistent decreases in the likelihood of an agreement being reached as tensions continue to rise.
