US-Iran conflict escalates for third consecutive day: Iranian missiles and drones attack US military base in Kuwait, Trump warns 'Iran will cease to exist'

Mars Finance News, June 28 – According to CNN, the situation has dramatically reversed after the U.S.-Iran ceasefire agreement took effect, with both sides engaging in military clashes for three consecutive days. Multiple countries in the Gulf region have been drawn into the conflict, and navigation through the Strait of Hormuz once again faces severe threats.

In the latest developments, Iran's Islamic Revolutionary Guard Corps claimed to have struck U.S. military facilities in Kuwait and Bahrain with missiles and drones, in retaliation for earlier U.S. airstrikes. The Kuwaiti military confirmed that its air defense systems are intercepting incoming targets, while Bahrain's Ministry of Interior issued an alert, urging residents to immediately move to the nearest safe location.

On the U.S. side, U.S. Central Command announced multiple rounds of strikes against Iranian missile and drone storage facilities, military surveillance infrastructure, communication systems, air defense positions, and mining capabilities, citing Iran's "continued attacks on merchant ships." Trump immediately issued his harshest warning on social media, stating that if Iran does not stop its attacks, the U.S. military will be forced to "complete the mission that has already been successfully initiated through military means," and that "the Islamic Republic of Iran will cease to exist."

Iran responded strongly, with the Revolutionary Guard stating that the U.S. airstrikes violated the ceasefire agreement and "will lead to a complete halt of all diplomatic processes."

Meanwhile, the Israeli military launched a drone attack in southern Lebanon one day after reaching a framework agreement with Lebanon, further complicating the regional situation. The preliminary agreement signed by the U.S. and Iran this month—aimed at restoring navigation through the Strait of Hormuz—is now facing the risk of complete collapse under the impact of continuous clashes. Market concerns over oil prices, safe-haven assets, and global energy supplies are intensifying.