The U.S. military directly moves in to bomb a radar station; Iran retaliates by striking U.S. military bases. This escalation speed is even faster than DeFi liquidations, and Middle Eastern stablecoins will face pressure.

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Bahrain and Kuwait sound the air raid sirens
Bahrain’s Ministry of Interior announced on the 6th that air-raid alerts have been sounded nationwide. The public is urged to stay safe nearby and to follow official channels. Kuwait also sounded alarms. The military said air-defense forces are intercepting enemy missiles and drones, and that the explosions were caused by the interceptions. U.S. Central Command said it had shot down 4 attacking drones launched toward the Strait of Hormuz, and carried out airstrikes on radar stations along the coast near Iran’s Goruk region and on Kish Island. Iranian media reported explosions early in the morning around the Strait of Hormuz along the Sirik coast. After U.S. forces previously carried out strikes against Iranian targets, Iran launched retaliatory attacks on U.S. military bases in Kuwait, Bahrain, and other places.
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