US to escalate military strikes on Iran, targets economic infrastructure

The US has escalated military strikes against Iran, specifically targeting economic infrastructure. Following the deaths of at least two US military personnel in Jordan, the US completed eight consecutive nights of attacks. Regional allies report continued Iranian aggression. Meanwhile, the probability of a permanent peace deal by July 31, 2026, is estimated at 0.8%. These renewed operations reflect a strategic response to personnel losses and ongoing attacks within the region by Iranian forces.