Iran Missile Attack on U.S. Forces Raises Tensions in Middle East

Iran launched a ballistic missile attack on U.S. forces late Tuesday, according to U.S. Central Command, but all missiles were intercepted. This escalation follows a two-day halt in hostilities and brings renewed tensions after multiple drone attacks attributed to Iran-aligned forces in the region. At least 20 members of the Iran-backed Iraqi Mobilization Forces were reported killed and 32 wounded due to U.S. and Saudi strikes in retaliation. This incident is significant for markets as tensions in the Middle East often lead to fluctuations in oil prices.