Iran's army says it targeted US missile systems at Kuwait's Arifjan base with surface-to-surface missiles, while IRNA reports explosions were heard again in Iran's Bandar Abbas

Iran's military announcement regarding missile operations targeting U.S. systems in Kuwait escalates tensions in the region, potentially impacting oil and safe-haven assets. This move could be seen as a direct challenge to U.S. presence and might lead to increased volatility in energy markets, while currencies like the USD and JPY could experience shifts based on risk sentiment following this news.