Iranian strikes hit Ali Al Salem Air Base in Kuwait, escalating US conflict

Recent satellite images suggest that Iranian strikes have caused significant damage to the Ali Al Salem Air Base in Kuwait. This base, utilized by U.S. forces, appears to have been targeted by Iranian drones, resulting in smoke and visible damage. The attack is part of the ongoing 2026 Iran-U.S. regional conflict, which has escalated to involve several Gulf states. The images reportedly show a destroyed shelter and impact craters, indicating material damage beyond previous attacks that were intercepted or caused only debris and minor injuries. Key Takeaways Satellite imagery appears to confirm significant damage at the Ali Al Salem Air Base, suggesting escalation in the Iran-U.S. conflict. Market pricing suggests increased likelihood of further Iranian military action against Gulf states, with odds for July 23 now at 62.5% YES. The confirmation of Iranian strikes adds to the perception of heightened regional tension, impacting various prediction markets. What to Watch Observers will closely monitor the responses from key regional actors, including Iran’s leadership and U.S. military officials. Any further military actions or diplomatic developments could influence market perception...