US Defense Secretary Warns of Most Intense Attacks on Iran

US Defense Secretary Pete Hegseth stated that attacks on Iran on Tuesday would be the most intense since the US launched military operations 10 days ago. Iran's Foreign Minister Abbas Araghchi responded that Tehran would continue fighting as long as necessary. The conflict has escalated rapidly, with both sides signaling no immediate de-escalation. The US has increased airstrikes targeting Iranian military infrastructure, while Iran has threatened retaliatory measures. The situation remains fluid, with global markets closely monitoring for potential supply disruptions in energy and shipping lanes. No official ceasefire talks have been announced.

Global Impact

Economically, the conflict risks a sharp spike in oil prices, potentially triggering a global recession if sustained above $120/bbl. Politically, the US faces increased international pressure to avoid a wider war, while Iran's allies may retaliate via proxy attacks in Iraq, Syria, or Yemen.