Wolfe Research: Recent Strikes Signal Prolonged U.S.-Iran Confrontation
Violent exchanges over the past 36 hours have escalated the U.S.-Iran confrontation, with Israel striking Iran’s South Pars gas field and Iran retaliating against Qatar’s Ras Laffan facility and targets in Saudi Arabia and the UAE. Washington approved and then constrained Israeli actions on gas assets, signaled major supplemental defense spending, …