GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
Iran renews attacks on Gulf states after another night of US strikes - Finance news and analysis from Global Banking & Finance Review
Finance

Iran renews attacks on Gulf states after another night of US strikes

Published by Global Banking & Finance Review

Posted on July 18, 2026

5 min read

· Last updated: July 18, 2026

Add as preferred source on Google

Iran renews attacks on Gulf states after another night of US strikes

Escalation of Conflict in the Gulf Region

By Jana Choukeir and Eman Abouhassira

DUBAI, July 18 (Reuters) - Iran launched more attacks on Washington's Gulf allies and Jordan on Saturday after a seventh straight night of U.S. strikes on Iranian military targets, including logistics hubs, escalating the war one week after a ceasefire collapsed.

Attacks on Kuwait and Regional Infrastructure

Kuwait came under sustained attack, with a desalination plant hit and operations at Kuwait International Airport suspended due to repeated missile and drone threats.

Impact on Military and Oil Facilities

Iran's Islamic Revolutionary Guard Corps said it had struck a U.S. military support centre at Camp Arifjan and destroyed a radar facility at Ali Al Salem Air Base. Kuwait Petroleum Corporation later said one of its oil facilities had been hit in "repeated Iranian attacks", causing significant damage and some injuries, according to the state news agency.

Kuwait's armed forces said they had intercepted Iranian ballistic missiles and drones early on Saturday, adding that a number of firefighters and oil sector workers had been injured while responding to the attacks.

Iran was responding to U.S. strikes targeting bridges, power facilities and other infrastructure.

IRGC Statement and Warnings

"Since there is no international institution to prevent the savagery of the U.S. military, we have no path before us except the Quranic command: ‘Whoever attacks you, attack them in the same manner'," the IRGC said in a statement warning U.S. allies in the region to expect more strikes.

The IRGC targeted a site in Bahrain where U.S. combat aircraft were gathered at Sheikh Isa Air Base and an intelligence data centre, Iranian state media reported.

The Guards said they had also destroyed at least two U.S. fighter aircraft and three other aircraft during a missile and drone attack early on Saturday on the U.S. base in Al Azraq, Jordan, according to Iranian state TV.

Reuters was not able to verify the reports.

Saudi Arabia Attacked

SAUDI ARABIA ATTACKED

Iran launched attacks on Saudi Arabia for the first time in about three months, according to two people familiar with the matter, triggering early warning alarms in Al-Kharj, east of the capital Riyadh, and at Yanbu on the kingdom's Red Sea coast.

Targeting of Prince Sultan Airbase

The people said one attack had targeted the Prince Sultan Airbase in Al-Kharj, which hosts U.S. forces.

Saudi state media did not elaborate on what triggered the early warnings and the government media office did not respond to a request for comment. The IRGC made no mention of any attack on Saudi Arabia.

Oil Prices at Highest in More Than a Month

OIL PRICES AT HIGHEST IN MORE THAN A MONTH

Oil prices climbed more than 4% on Friday to their highest level in more than a month, adding to political pressure on U.S. President Donald Trump as his Republican Party tries to hold on to power in November congressional elections.

Washington and Tehran have been testing the limits of escalation since their ceasefire agreement fell apart last week, raising the prospect of a return to all-out war.

Impact on Shipping and Energy Supplies

On Friday, both sides took aim at shipping traffic, with the U.S. saying it was enforcing a naval blockade while Iran said it targeted vessels that violated its rules on navigating the Strait of Hormuz, the vital waterway for one-fifth of the world's oil supply.

Iranian media reported that several missiles had struck power facilities and desalination pumps in the southern city of Jask on Saturday, citing a local official.

Some 10,000 people in 20 villages were without water, Tasnim news agency reported. The governor of Jask later said emergency water deliveries had begun to the affected villages.

A power generation and water desalination plant in Kuwait was hit in an Iranian attack, the country's Electricity, Water and Renewable Energy Ministry said in a statement. It was the second attack on Kuwaiti water desalination sites in two days.

Kuwait's Foreign Ministry said Iran's targeting of vital infrastructure endangered civilians and violated international law, adding it held Tehran fully responsible for the attacks.

The U.S. military's Central Command said earlier it concluded its seventh consecutive day of strikes by hitting Iranian surveillance sites, military logistics infrastructure, underground weapons storage and maritime capabilities.

Infrastructure Strikes Kill Civilians in Iran

INFRASTRUCTURE STRIKES KILL CIVILIANS IN IRAN

U.N. Secretary-General Antonio Guterres was concerned about the escalation, particularly "attacks on civilian infrastructure in Iran and across the region", his spokesperson said on Friday.

Casualties and Damage in Iran

Iranian media reported strikes early on Saturday in Hormozgan Province on the Strait of Hormuz. State TV said three people were killed and eight wounded while two bridges and a road tunnel were damaged.

A day earlier, Iranian state media said U.S. strikes hit at least five bridges in the south. Seven people were reported killed in attacks on bridges in the port of Bandar Khamir, where a train station was also hit. An airport was reported hit further east in Iranshahr.

U.S. Threats and Regional Risks

Trump has threatened to launch broad-based airstrikes on Iran's infrastructure and has also declined to rule out a ground assault on Iran's coast or islands. U.S. officials have said attacks on southern Iran are designed in part to give Trump options.

Such moves risk provoking Iran to mount further attacks on the vital infrastructure of Gulf states, or renewed efforts by Tehran's allies in Yemen to disrupt global energy supplies by targeting Red Sea shipping.

(Reporting by Reuters bureaux; Writing by Stephen Coates and Gareth Jones; Editing by Sam Holmes, Alison Williams, Ros Russell)

Key Takeaways

  • Iran targeted U.S. military support and radar facilities in Kuwait, Bahrain, Jordan and shipping routes after prolonged U.S. strikes (internazionale.it)
  • Kuwait’s desalination and power infrastructure was hit, compounding regional vulnerabilities in freshwater supply (apnews.com)
  • Oil prices rose sharply—Brent and WTI reached their highest levels in over a month—reflecting heightened geopolitical and supply disruption risks (au.investing.com)

References

Frequently Asked Questions

What triggered the latest round of Iran's attacks on Gulf states?
Iran renewed its attacks following a week-long US campaign targeting Iranian military sites after a ceasefire collapsed.
Which Gulf countries were affected by Iran's latest attacks?
Kuwait and Bahrain were affected, with key infrastructure and US military sites targeted by Iranian missile and drone strikes.
How have the attacks impacted oil prices?
Oil prices surged over 4% to their highest in more than a month following escalations, threatening global supply routes.
What civilian infrastructure was damaged during the attacks?
Desalination plants, power facilities, bridges, a train station, and airports in both Iran and Kuwait suffered damage.
What concerns did the UN express about the conflict?
The UN Secretary-General expressed concern about attacks on civilian infrastructure and the risk of escalating conflict in the region.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category