Iranian, Houthi forces strike Amazon data centers, Saudi oil site

Recent satellite imagery has revealed fresh damage to Amazon data centers and a Saudi oil facility, reportedly caused by attacks from Iranian and Houthi forces. The damaged Amazon facilities are located in Bahrain, an area previously targeted by Iranian strikes, while the Saudi oil site is linked to the ongoing conflict involving Yemen’s Houthi movement and Iran-backed forces. These developments suggest a significant escalation in the Iran-U.S./Israel regional conflict, particularly affecting commercial and energy infrastructure in the Gulf and Red Sea regions. The satellite confirmation indicates kinetic strikes, marking a notable increase in hostilities. Key Takeaways Satellite imagery appears to confirm recent attacks on Amazon data centers in Bahrain and a Saudi oil site, suggesting an escalation in regional conflict. Market pricing suggests an increased likelihood of further Iranian military action against Gulf states, with the probability of action on July 31 rising to 41%. Current developments are consistent with scenarios where Iran might conduct further military strikes, particularly impacting regional energy infrastructure. What to Watch Observers should monitor statement...