Iran hits US in Jordan, US-Saudi strikes on Iraq: Is war spreading? - Al Jazeera

Core Impact Points

• Iran launched a surprise missile strike on US assets in Iraq, prompting a response from the US and its allies.
• US President Trump threatened to hit Iran 'hard' following the missile attack, which has raised tensions in the region.
• Oil prices jumped over 6% after Trump's statement, as investors worry about the potential disruption to global oil supplies.
• The US and Iranian forces have resumed attacks in the Middle East, piercing a relative calm that had been in place for several days.
• The conflict has significant implications for the US market, economy, and consumers, particularly in the energy sector.
• The situation is being closely monitored by global leaders, who are seeking to prevent the conflict from escalating further.