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US-Iran Flare-Up Targets Larak Island, Jordan Bases and Banks

US-Iran Flare-Up Targets Larak Island, Jordan Bases and Banks
US-Iran war: Why Larak island, Jordan and Egypt's Banque Misr are targets in latest flare-up · livemint.com

The United States and Iran exchanged attacks after a period of relative quiet since late July.

The United States said it attacked two Iranian launchers on Larak Island.

American officials said the launchers were connected to efforts to place mines in the Strait of Hormuz.

Iran said the attack killed and injured members of its Revolutionary Guards and civilians.

Iran then said it fired missiles at US bases in Jordan.

It also claimed to have sent drones toward areas near US forces at a base in the United Arab Emirates.

Jordan said it intercepted eight missiles, while the UAE rejected claims that its base had been attacked.

At the same time, the United States tightened financial sanctions against banks accused of helping Iran.

These actions are increasing military and economic pressure between the two countries.

Key facts

US target
Two Iranian launchers on Larak Island were struck, according to a US official.
US justification
United States Central Command said the action was intended to counter an imminent Iranian mine-laying threat in the Strait of Hormuz.
Iranian claim
Iran said several Revolutionary Guards members and civilians were killed or injured in the strike.
Jordanian response
Jordan reported intercepting eight missiles after Iran announced an attack on two US bases.
US personnel in Jordan
About 4,000 US personnel are hosted at Jordan’s Azraq and King Hussein bases, according to the report.
Banque Misr transaction allegation
The US Treasury said Banque Misr allegedly processed about $1.8 billion for 103 companies potentially connected to Iranian shadow-banking networks.
Planned sanctions
US Treasury Secretary Scott Bessent said new secondary sanctions, initially focused on banks, could be announced weekly.

Quotes

US Central Command

US military command responsible for operations in the region

“US forces took limited, precise action against IRGC minelaying forces posing an imminent threat in the Strait of Hormuz”
livemint.com
“I believe it’s where Iran has dispersed its assets to control the Strait of Hormuz”
livemint.com

Scott Bessent

US Treasury Secretary

“You're going to see a lot more of these every week. We're starting with the banks, and we're telling the banks it's not okay to have Iranian money and to aid the regime.”
livemint.com

Sources

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