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US and Saudi Strikes on Iran-Backed Forces in Iraq Raise Fears of Wider Conflict
The United States and Saudi Arabia carried out joint airstrikes against Iran-backed armed groups in Iraq on Wednesday, marking the first U.S. military action in the region since President Trump paused an earlier bombing campaign against Iran last week.

The United States and Saudi Arabia carried out joint airstrikes against Iran-backed armed groups in Iraq on Wednesday, marking the first U.S. military action in the region since President Trump paused an earlier bombing campaign against Iran last week.
Escalation Follows Failed Diplomacy
The strikes came after Iran reportedly fired on U.S. bases in Jordan and targeted ships in the Strait of Hormuz, prompting Trump to vow retaliatory action. Earlier diplomatic efforts also collapsed after Tehran rejected an Omani proposal for joint regional management of the strait, further reducing chances of a near-term resolution to the conflict that began in February.
Casualties Reported in Iraq
Iraqi paramilitary groups tied to Iran said at least 20 fighters were killed and 32 wounded across multiple strike locations. Iraq’s government condemned the attacks as a violation of national sovereignty, while Iran characterized the strikes as an attempt by the U.S. and Israel to expand the conflict further across the region.
Saudi Involvement Signals New Front
This marked the first time Saudi Arabia publicly confirmed direct participation in strikes alongside U.S. forces, raising concerns about drawing the Sunni-majority kingdom into direct confrontation with Iran-aligned groups. Jordan’s military also reported intercepting several Iranian missiles targeting U.S. installations, following earlier American casualties there this month.
Renewed fighting pushed oil prices sharply higher, with Brent crude nearing $91 a barrel, reversing a decline that followed Trump’s earlier pause in strikes against Iran just days prior.

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Disclaimer
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About the author

8+ years covering crypto markets, macro, and geopolitics. Previously at Decrypt and CoinDesk. Focused on the intersection of digital assets and traditional finance.

