Jul 13, 06:00 AM UTC – Jul 14, 06:00 AM UTC
Military Operations
The Islamic Revolutionary Guard Corps (IRGC) reported targeting the U.S. air base in Jordan with ballistic missiles. Simultaneously, the IRGC claims the destruction of a Patriot radar system, the U.S. Navy Fifth Fleet air control radar, and the C-RAM early warning radar system located in Bahrain. These actions follow the previous period of sustained strikes by U.S. CENTCOM against Iranian military infrastructure. Jordan state news confirmed the interception and downing of four missiles traversing its airspace from Iranian territory. Bahraini authorities reported air raid sirens sounding three times throughout Tuesday, marking an increase in reported activity across Gulf airspace.
Energy and Economic Impact
Iran Oil Minister Paknejad stated that oil exports continue at established levels despite the removal of U.S. oil waivers. In Russia, local authorities confirmed a fire at the Afipsky oil refinery in the Krasnodar region. In East Asia, South Korea reported that major chip and shipbuilding firms began offloading significant U.S. dollar holdings in the forwards market, signaling an effort by the finance ministry to stabilize the local foreign exchange market. Additionally, China successfully auctioned 20-year ultra-long treasury bonds at a 2.24 percent yield.
Diplomatic and Political Developments
Beijing announced the removal of Ma Xingrui from his positions within the Communist Party and public office. Concurrently, Nvidia has restricted its list of Asia-based buyers as part of ongoing chip export control measures.
OUTLOOK
The operational theater has widened to include direct ballistic strikes on U.S. installations in Jordan and Bahrain. Defensive radar infrastructure remains the primary target for both parties.