Jordan has condemned Iran for what it describes as “repeated brutal attacks” on Bahrain and Kuwait, labeling these actions as dangerous escalations and violations of international law and the United Nations Charter. The condemnation was issued by Jordan’s Foreign Ministry on Thursday, emphasizing support for Bahrain and Kuwait in defending their sovereignty. This statement comes amid ongoing tensions in the 2026 Iran war, which began over disputes about the strategic Strait of Hormuz and has involved a broader coalition led by the United States and Israel. The conflict has seen a series of retaliatory actions, including recent Iranian strikes against U.S. military assets hosted in Gulf states.
Markets appear to interpret Jordan’s condemnation as a sign of escalating regional tensions, which could adversely affect the prospects of a US-Iran deal. The “US-Iran Deal in 2026” market reflects a decrease in confidence regarding the inclusion of Iran Reconstruction Funding in a potential agreement, with the probability of a YES outcome currently priced at 26%. This marks a slight decline from previous levels despite some fluctuations in the past week.
Key Takeaways
Jordan’s condemnation of Iran’s attacks suggests increased regional tensions, which appear to negatively impact market confidence in a US-Iran deal.
