Market Note | U.S. Air Campaign Shows No Signs of Slowing Down

Over the past 48 hours, the U.S. military has further escalated its strikes against Iran. Iran responded with new attacks on bases in the Gulf region. Among other targets, infrastructure in Jordan, Kuwait, and Bahrain was hit. In addition, the U.S. is further strengthening its military presence in the Middle East by deploying fighter jets, aerial refueling aircraft, and military transport planes to the region. This suggests that the Americans are preparing for a military campaign lasting several more weeks. If $CRUD (+0,89%) the situation would continue to escalate and provide further momentum.