Impacts are being reported at Muwaffaq Salti Air Base in Jordan, a major hub for U.S. military operations in the region

Reports indicate that Iran has targeted U.S. military sites in Jordan, including the Muwaffaq Salti Air Base, through missile strikes. This development is part of the ongoing Iran-U.S. conflict in the Middle East, which has seen repeated missile and drone strikes in the region. The Muwaffaq Salti Air Base serves as a critical hub for U.S. operations, and any direct impacts on this installation suggest a significant escalation in hostilities. The current market pricing reflects heightened tensions, as participants evaluate the potential for further military actions and their implications for regional stability. Key Takeaways Market activity suggests the recent attacks are consistent with increased chances of an Iranian airspace closure, particularly as the August 31 deadline approaches. The probability of a full airspace closure by December 31 has seen a rise to 25.5%, indicating expectations of continued escalation in the conflict. The reported missile impacts at a key U.S. installation in Jordan may indicate a significant shift in regional military dynamics. What to Watch Observers should monitor statements from key actors such as the Civil Aviation Organization of Iran and Irania...