**Trader consensus clusters around 8 or 9 countries for U.S. military actions in 2026, with 8 at 34% and 9 at 29.3%.** This reflects confirmed operations in Venezuela (January raid capturing Maduro), Iran (major airstrikes and ongoing exchanges since late February), plus counterterrorism strikes in Somalia, Nigeria, Iraq, Syria, and Yemen targeting ISIS, Houthis, and related groups. By mid-June, these have produced roughly seven documented theaters. The narrow spread between the top two outcomes stems from uncertainty over whether the Iran conflict and its regional spillovers will add one more distinct country by year-end or remain contained amid fragile ceasefires and blockade enforcement. Ongoing U.S. posture in the Middle East, potential proxy responses, and any new counter-narcotics or African operations could push the total to nine, while successful de-escalation or focus on existing fronts could hold the count at eight. Late-year developments such as expanded strikes, new diplomatic breakdowns, or shifts in African or Latin American theaters remain the main variables that could separate the probabilities.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedUS military launches new airstrikes to punish Iran for killing American troops
Following an Iranian attack in Jordan that killed US service members, the US launched airstrikes targeting Iranian Revolutionary Guard facilities, including infrastructure near the Strait of Hormuz, escalating the conflict and confirming continued US strikes on Iranian territory.
Iranian missile and drone attacks hit multiple Gulf countries including Oman, Jordan, Kuwait, and Qatar
8 jumps to 31%8%
Iran launched missile and drone strikes against several Gulf countries hosting U.S. military bases, including Oman, Jordan, Kuwait, and Qatar, expanding the conflict to multiple countries' soil and complicating U.S. military engagement in the region.
U.S. launches new strikes on Iran as Tehran targets Gulf sites including Kuwait and Bahrain
8 jumps to 23%9%
The U.S. conducted another wave of strikes targeting Iranian command centers and missile capabilities, while Iran retaliated with missile and drone attacks on U.S. military assets in Kuwait, Bahrain, and Jordan, expanding the conflict regionally.
U.S. launches multi-wave air campaign against Iranian military installations near Strait of Hormuz
9 rises to 34%1%
CENTCOM conducted sustained air and maritime strikes targeting Iranian missile, drone, and coastal defense sites, escalating the conflict and confirming continued U.S. military action on Iranian soil. This event reinforced market confidence in a limited number of countries struck, primarily Iran and Syria.
U.S. military launches massive multi-wave air campaign against Iranian missile and drone sites
10 dips to 13%1%
CENTCOM conducted a massive multi-wave air and maritime campaign targeting Iranian missile, drone, and coastal defense sites near the Strait of Hormuz, marking the most intense escalation of direct U.S. kinetic warfare on Iranian soil in 2026.
US launches multiple strikes across Iran; Iran attacks US military facilities in Jordan
The US conducted another wave of strikes targeting Iranian command centers and missile sites. Iran responded with drone attacks on US military bases in Jordan, confirming US military action on Jordanian soil and expanding the conflict's geographic scope.
US launches new wave of strikes on Iran targeting command centers and missile sites
8 jumps to 40%6%
On July 15, 2026, US Central Command announced a new wave of strikes against Iranian command centers, air defense sites, missile and drone capabilities, and coastal surveillance facilities. These strikes aimed to reduce Iran's ability to disrupt shipping through the Strait of Hormuz and were confined to Iranian territory.
US launches new strikes on Iranian command and missile sites amid ongoing conflict
8 jumps to 41%5%
US Central Command announced a new wave of strikes targeting Iranian command centers, air defense, missile, and drone capabilities to reduce Iran's ability to disrupt shipping through the Strait of Hormuz, continuing the pattern of US military action focused solely on Iran.
U.S. conducts massive 5-hour precision strike across Iran amid escalating conflict
10 dips to 9%2%
The U.S. military carried out a highly coordinated, extensive airstrike campaign targeting numerous Iranian military assets deep within Iran, confirming ongoing and significant U.S. military action on Iranian soil in 2026.
US uses sea drones in combat for first time to strike Iranian naval base
U.S. Central Command employed three Corsair unmanned surface vessels to attack a submarine and ship maintenance facility at the Bandar Abbas naval base in Iran. This marked the first combat use of American sea drones, demonstrating an escalation in US military tactics against Iranian targets in 2026.
U.S. employs sea drones in combat for first time striking Iranian naval base
9 rises to 34%3%
U.S. Central Command used autonomous sea drones to strike a submarine and ship maintenance facility at Bandar Abbas naval base in Iran, marking a new method of attack but still confined to Iranian soil.
U.S. retaliatory airstrikes hit 140 Iranian military targets amid regional escalation
10 dips to 14%2%
CENTCOM launched multi-wave airstrikes on approximately 140 military targets inside Iran, including coastal radar, air-defense installations, and IRGC small boats, further intensifying U.S. military operations on Iranian soil and impacting market expectations.
U.S. completes five-hour mission striking multiple Iranian military targets
The U.S. conducted a five-hour mission striking military targets across Iran including Bushehr, Chah Bahar, Jask, Konarak, Abu Musa, and Bandar Abbas to degrade Iran’s ability to attack commercial shipping. This continued focus on Iranian territory confirmed market expectations of limited country involvement.
US completes another round of strikes on Iran targeting multiple military sites
8 jumps to 35%5%
On July 13, 2026, US forces conducted a five-hour mission striking military targets across Iran including Bushehr, Chah Bahar, Jask, Konarak, Abu Musa, and Bandar Abbas to further degrade Iran’s ability to attack commercial shipping, continuing focus on Iranian territory.
US conducts major overnight strikes on Iran; Iran fires missiles and drones at Gulf states
The US launched strikes on about 140 Iranian military sites overnight, escalating the conflict. Iran retaliated with missile and drone attacks on Gulf states including Kuwait, Oman, Jordan, UAE, and Qatar, highlighting the regional scope of hostilities and potential US military responses.
US conducts multiple strikes on Iranian air defense and missile sites amid renewed Gulf tensions
10 dips to 13%1%
US Central Command conducted several strikes targeting Iranian air defense systems, missile and drone capabilities, and small boats near the Strait of Hormuz. These strikes were part of ongoing military operations in Iran and contributed to the continued escalation of the conflict.
U.S. launches massive five-hour precision airstrikes across Iran amid Strait of Hormuz crisis
9 rises to 31%4%
The U.S. military conducted a coordinated five-hour wave of airstrikes targeting Iranian military assets deep within Iran, including missile and drone sites, further escalating the conflict but maintaining strikes solely on Iranian territory.
US launches multiple strikes on Iran using new drone and missile capabilities
8 rises to 30%4%
On July 12, 2026, US Central Command announced strikes on dozens of Iranian military targets including air-defense systems, missile and drone sites, and small boats using fighter planes, naval vessels, and one-way attack aerial and sea drones for the first time.
U.S. launches second night of strikes on Iran targeting air defenses and maritime capabilities
U.S. Central Command reported strikes on Iranian air defense systems, coastal radar sites, missile and drone capabilities, and small boats using fighter planes, naval vessels, and attack drones. Despite Iranian retaliatory strikes on U.S. bases in the Gulf, no U.S. strikes on other countries were confirmed, keeping market focus on Iran.
US strikes approximately 90 military targets along Iran’s coastline
9 rises to 32%2%
On July 9, 2026, US Central Command reported strikes on about 90 military targets including missile and drone storage and logistics sites along Iran’s coast. This continued military pressure in Iran and surrounding regions influenced market expectations for the number of countries targeted.
US launches extensive strikes on Iranian military targets; Iran retaliates against Gulf allies
9 jumps to 34%6%
The US struck approximately 90 military targets in Iran, including missile and drone storage and logistics sites. Iran responded with missile and drone attacks on US-allied countries including Kuwait, Bahrain, and Jordan, indicating the conflict's regional expansion and potential for US strikes in these countries.
US intensifies strikes on Iran’s coast along Strait of Hormuz
8 dips to 1%3%
On July 9, 2026, US forces hit approximately 90 targets mostly along Iran’s coastline near the Strait of Hormuz, stepping up bombing campaigns after President Trump declared the truce agreement over. Iran retaliated by firing missiles and drones at US military sites in partner countries, but US strikes remained focused on Iranian territory.
U.S. completes strikes on approximately 90 Iranian military targets
9 rises to 14%1%
The U.S. military struck around 90 Iranian military targets including air defense systems, drone and missile storage sites, and logistics infrastructure to degrade Iran's ability to attack commercial shipping. Iran responded with missile and drone attacks on U.S. bases in Kuwait and Bahrain, but no U.S. strikes on other countries were reported, reinforcing market expectations of limited country count.
US launches new airstrikes on Iran; Iran retaliates against Bahrain, Kuwait, Qatar, and Jordan
8 rises to 35%2%
The US conducted another round of airstrikes targeting Iranian military infrastructure, including air defense and missile sites. Iran responded by launching missile and drone attacks on US military bases in Bahrain, Kuwait, Qatar, and Jordan, further escalating the conflict and threatening the fragile ceasefire.
Iran targets US military bases in Kuwait and Bahrain in response to US strikes
Iran's IRGC launched drone and missile attacks on US military infrastructure in Kuwait and Bahrain, demonstrating ongoing retaliatory strikes on these countries' territories and confirming their involvement in the conflict with the US.
U.S. launches extensive airstrikes on Iranian military targets along Strait of Hormuz
8 dips to 20%1%
The U.S. military struck around 90 Iranian military targets including air defense systems, drone and missile storage sites, and logistics infrastructure. This large-scale strike further confirmed the U.S. focus on Iranian territory only, with no reported strikes on other countries' soil.
US launches extensive strikes on around 90 Iranian military targets
The US conducted a large-scale airstrike campaign targeting approximately 90 Iranian military sites including air defense systems and logistics infrastructure, further intensifying military actions on Iranian soil and reinforcing the market's view of US strikes in Iran.
US resumes strikes on Iran targeting missile and drone sites
8 rises to 26%3%
On July 8, 2026, the US military struck approximately 90 Iranian military targets including air defense systems, drone and missile storage sites, and logistics infrastructure along Iran’s coastline to degrade Iran’s ability to attack commercial shipping.
U.S. launches extensive strikes on approximately 90 Iranian military targets
8 drops to 30%5%
American forces struck around 90 Iranian military targets including air defense systems, drone and missile storage sites, and logistics infrastructure along the coast. Iran responded with drone and missile attacks on U.S. bases in Kuwait and Bahrain, further escalating tensions.
US conducts additional strikes on Iran amid escalating tensions
9 rises to 35%3%
On July 8, 2026, US Central Command announced additional strikes against Iran to degrade its ability to threaten freedom of navigation in the Strait of Hormuz. Iranian forces responded with missile and drone attacks on US bases in Bahrain and Kuwait, expanding the conflict to multiple countries in the region and impacting market pricing.
CENTCOM launches retaliatory strikes on over 80 Iranian targets in Strait of Hormuz region
10 jumps to 29%13%
In response to Iranian attacks on commercial vessels, U.S. Central Command conducted extensive airstrikes targeting Iranian air defense, command networks, coastal radar, and IRGC naval boats along the Iranian coastline and islands, marking a major escalation and confirming multiple strikes on Iranian territory.
US launches new strikes on Iran after reinstating oil sanctions over shipping attacks
9 rises to 35%3%
On July 7, 2026, the US military launched a new wave of strikes against Iran targeting air defense systems, coastal surveillance, surface-to-air missiles, and drone launch sites following attacks on commercial shipping. This further intensified the conflict and influenced market expectations for US military actions in the region.
U.S. Central Command conducts extensive retaliatory strikes on over 80 Iranian targets
9 rises to 28%3%
In response to Iranian attacks on commercial vessels, U.S. forces launched airstrikes targeting Iranian coastal radar, missile sites, and IRGC fast-attack craft along Iran's southern coastline and islands, reaffirming that U.S. strikes remained confined to Iranian soil.
US Central Command launches massive airstrikes on over 80 Iranian targets along southern coast
10 rises to 14%1%
In response to Iranian attacks on commercial vessels, US forces launched extensive airstrikes on Iranian military infrastructure along the southern coast, including radar, missile sites, and naval assets. This large-scale operation reaffirmed US military action on Iranian soil and escalated the conflict.
U.S. launches heavy airstrikes on over 80 Iranian targets along southern coastline
9 jumps to 33%5%
CENTCOM executed two waves of airstrikes targeting Iranian military infrastructure including coastal radar, missile batteries, and IRGC fast-attack craft near the Strait of Hormuz. This confirmed Iran as a second country targeted by U.S. strikes in 2026, reinforcing market expectations for a low single-digit count of countries struck.
US Central Command launches retaliatory strikes on over 80 Iranian targets along southern coast
8 surges to 35%26%
In response to attacks on commercial vessels, US forces struck numerous Iranian military targets along the southern coast and islands, confirming extensive US military action on Iranian soil and reinforcing the focus on Iran as the primary country targeted.
US launches strikes on over 80 Iranian targets in southern Iran
US Central Command reported strikes on more than 80 Iranian targets with precision munitions, aiming to degrade Iran's military capabilities and respond to Iranian attacks on commercial vessels, further intensifying US military actions on Iranian soil.
CENTCOM launches heavy airstrikes on Iranian coastal military targets
10 jumps to 16%5%
U.S. Central Command executed two waves of airstrikes against over 80 Iranian military targets along the southern coastline, including radar arrays, missile batteries, and IRGC fast-attack craft, significantly escalating U.S. military action on Iranian soil.
U.S. launches strikes on over 80 targets in southern Iran amid escalating conflict
8 jumps to 14%6%
CENTCOM reported precision strikes on more than 80 targets in southern Iran, including air defense and missile sites, in response to Iranian attacks on commercial vessels, further intensifying U.S. military action in Iran.
U.S. Central Command launches heavy airstrikes on Iranian military targets
10 dips to 11%2%
CENTCOM executed two waves of airstrikes against over 80 Iranian military targets along the southern coastline, including missile sites and naval assets, confirming extensive U.S. military action on Iranian soil in 2026. This significantly influenced market pricing toward fewer countries targeted, as Iran was the primary focus.
Trump declares US-Iran Islamabad MOU peace deal over after Persian Gulf airstrikes
10 rises to 32%3%
Following the U.S. airstrikes on Iranian military targets, President Trump announced the collapse of the Islamabad Memorandum of Understanding with Iran, signaling the end of diplomatic efforts and a return to open conflict, reinforcing market expectations of ongoing U.S. military actions in Iran.
US Central Command conducts extensive airstrikes on over 80 Iranian military targets
8 jumps to 34%8%
On July 7-8, 2026, US CENTCOM launched two waves of heavy airstrikes against more than 80 targets along Iran's southern coastline, including missile batteries, radar arrays, and IRGC naval craft. This was a direct retaliation for Iranian attacks on commercial vessels and further confirmed Iran as the sole country targeted by US strikes in 2026.
US launches over 80 strikes on Iranian targets, Iran vows crushing response
8 jumps to 33%7%
The US military conducted a large-scale strike hitting over 80 targets in southern Iran, including air defense systems and missile launch sites, in retaliation for attacks on commercial ships in the Strait of Hormuz. Iran pledged a crushing response and subsequently launched missile and drone attacks on US military bases in Bahrain and Kuwait.
US hits over 80 Iranian military targets and reimposes oil sanctions
The US military struck more than 80 Iranian military targets in retaliation for attacks on commercial ships, with no reports of strikes on other countries, reinforcing the market's view of limited geographic scope of US strikes.
Iran launches missile and drone strikes on US bases in Kuwait and Bahrain
10 rises to 3%1%
Iran's IRGC conducted coordinated missile and drone attacks on US military sites in Kuwait and Bahrain, confirming US military presence and engagement in these countries, thus increasing the count of countries where US military action is relevant.
Iranian missile and drone strikes target US bases in Kuwait and Bahrain
9 rises to 30%4%
Following US strikes on Iran, Iran launched missile and drone attacks targeting US military bases in Kuwait and Bahrain. US forces responded with strikes on Iranian targets, confirming US military action in Kuwait and Bahrain territories in 2026.
Iran launches missile and drone strikes on US bases in Kuwait and Bahrain
11 jumps to 12%6%
Iran's Islamic Revolutionary Guard Corps launched coordinated missile and drone strikes targeting US military sites in Kuwait and Bahrain in retaliation for US strikes on Iranian positions. This expanded the conflict zone to include these Gulf countries as active strike locations.
U.S. Navy and Air Force strike 10 Iranian military targets after drone attack
8 rises to 27%4%
Following a second Iranian drone attack on a Panama-flagged oil tanker, U.S. Navy and Air Force fighter jets conducted coordinated precision strikes on multiple Iranian military targets near the Strait of Hormuz. This further confirmed U.S. military action limited to Iran, reinforcing market confidence in the outcome of 8 countries.
US Navy and Air Force strike 10 Iranian military targets near Strait of Hormuz
In a coordinated operation, US Navy and Air Force fighter jets conducted precision strikes on multiple Iranian military targets near the Strait of Hormuz, marking a transition from maritime security operations to direct kinetic action against Iran on its territory.
US Central Command confirms strikes on Iranian military infrastructure after tanker attack
Following the June 26 strikes, US Central Command detailed targeting of Iranian surveillance, communication, air defense, and drone facilities in retaliation for an attack on a Panama-flagged merchant vessel. This sustained military action reinforced market views on US strikes limited to Iran.
US conducts second night of strikes on Iran after another drone attack on commercial vessel
8 jumps to 15%10%
Following a second Iranian drone attack on a commercial vessel in the Strait of Hormuz, the US launched additional airstrikes on Iranian military targets, further escalating the conflict in Iran.
Iran retaliates with missile and drone strikes on US bases in Bahrain and Kuwait
Following US strikes on Iran, Iran's Islamic Revolutionary Guard Corps launched missile and drone attacks on US military facilities in Bahrain and Kuwait, expanding the conflict to these countries' territories and increasing the count of countries involved in US military actions.
U.S. launches additional strikes on Iranian military targets around Strait of Hormuz
8 dips to 35%3%
The U.S. military conducted further strikes on Iranian missile and drone storage locations and coastal radar sites. Iran retaliated with missile and drone attacks on U.S. bases in Kuwait and Bahrain, escalating the conflict and threatening diplomatic processes.
Iran retaliates with missile and drone strikes on US bases in Bahrain and Kuwait
8 jumps to 17%12%
In response to US airstrikes on Iran, the Iranian Revolutionary Guard Corps launched missile and drone attacks on US military facilities in Bahrain and Kuwait. This marked the first direct Iranian strikes on US bases in neighboring countries during the conflict, escalating the regional tensions.
U.S. launches additional strikes on Iranian military targets around Strait of Hormuz
9 jumps to 35%5%
Following continued Iranian aggression, the U.S. conducted further airstrikes targeting Iranian military surveillance infrastructure, communication systems, and drone storage facilities. This confirmed ongoing U.S. military operations solely on Iranian soil.
Iran retaliates with drone and missile strikes on US bases in Bahrain and Kuwait
8 dips to 23%3%
In response to US strikes, Iran launched drone and ballistic missile attacks targeting US military bases in Bahrain and Kuwait, increasing regional tensions but no US strikes on these countries were reported.
U.S. conducts additional strikes on Iranian military targets around Strait of Hormuz
9 rises to 30%2%
Following the previous day's strikes, the U.S. launched further attacks on Iranian missile and drone storage locations and coastal radar sites. Iran retaliated with missile and drone strikes on U.S. bases in Kuwait and Bahrain, but no U.S. strikes on these countries were reported, maintaining market focus on Iran alone.
U.S. airstrikes target Iranian missile and drone sites after attack on commercial ship
10 rises to 11%4%
Following an Iranian drone attack on a commercial vessel in the Strait of Hormuz, the U.S. launched retaliatory airstrikes on Iranian missile storage, drone facilities, and coastal radar installations along the Iranian coast, reinforcing the focus on Iranian territory and escalating conflict.
U.S. military launches airstrikes on Iranian missile and drone sites after drone attack on cargo ship
8 surges to 28%23%
In retaliation for an Iranian drone attack on a commercial vessel in the Strait of Hormuz, U.S. forces struck Iranian missile storage, drone facilities, and coastal radar sites, escalating the conflict and undermining a fragile ceasefire.
US launches airstrikes on Iranian missile and drone sites after drone attack on commercial ship
8 jumps to 19%14%
In response to an Iranian drone attack on the Singapore-flagged cargo ship Ever Lovely in the Strait of Hormuz, the US conducted targeted airstrikes on Iranian missile storage, drone facilities, and coastal radar installations. This marked a significant escalation but was confined to Iranian territory.
US conducts strikes on Iranian missile and drone sites in response to tanker attack
9 rises to 30%4%
On June 26, 2026, US Central Command conducted military strikes against Iranian missile and drone storage locations and coastal radar sites in response to an Iranian attack on a commercial ship. This confirmed ongoing US military action on Iranian soil during 2026.
US conducts military strikes on Iranian missile and drone sites in response to drone attack
9 jumps to 36%6%
On June 26, 2026, the US military launched airstrikes against Iranian missile and drone storage locations and coastal radar sites along the Strait of Hormuz in retaliation for an Iranian drone attack on a commercial vessel. This action further confirmed ongoing US military operations on Iranian soil in 2026.
U.S. launches retaliatory airstrikes on Iranian missile and drone sites after attack on commercial ship
9 jumps to 11%9%
Following an Iranian drone attack on a Singapore-flagged commercial vessel in the Strait of Hormuz, the U.S. conducted targeted airstrikes on Iranian military installations along the southern coast and Qeshm Island, escalating the conflict but maintaining strikes solely on Iranian territory.
US conducts airstrikes on Iranian missile, drone, and radar sites in Strait of Hormuz region
9 jumps to 34%10%
In response to an Iranian drone attack on a commercial vessel in the Strait of Hormuz, the US launched airstrikes targeting Iranian missile and drone storage locations and coastal radar sites, reaffirming Iran as the sole country targeted by US strikes in 2026 so far.
U.S. conducts airstrikes on Iranian missile and drone sites in Strait of Hormuz
8 rises to 24%4%
In retaliation for an Iranian drone attack on a commercial vessel in the Strait of Hormuz, U.S. Central Command launched airstrikes targeting Iranian missile, drone storage locations, and coastal radar sites. This marked a significant escalation and confirmed U.S. military action on Iranian soil, impacting market expectations for the number of countries targeted.
US launches strikes on Iranian missile and drone sites after drone attack on cargo ship
In response to an Iranian drone attack on a commercial vessel in the Strait of Hormuz, the US military struck Iranian missile and drone storage locations and coastal radar sites, reaffirming US military action limited to Iran.
US conducts retaliatory strikes on Iranian missile, drone, and radar sites
In response to an Iranian drone attack on a commercial vessel in the Strait of Hormuz, the US launched airstrikes against Iranian missile and drone storage locations and coastal radar sites on June 26, 2026. This confirmed continued US aerial military action on Iranian soil, reinforcing the market's low probability for strikes in other countries.
US launches precision airstrikes on Iranian missile and drone sites after drone attack on cargo ship
8 jumps to 14%9%
Following an Iranian drone attack on a commercial vessel in the Strait of Hormuz, the US conducted targeted airstrikes on Iranian missile and drone facilities near the Strait and on Qeshm Island, reaffirming US military action on Iranian soil and escalating the conflict.
US launches retaliatory strikes on Iranian targets after drone attack on commercial ship
9 jumps to 36%12%
On June 26, 2026, the US launched strikes against Iranian missile and drone storage locations and coastal radar sites in response to an Iranian drone attack on a Singapore-flagged cargo ship in the Strait of Hormuz. This marked a significant escalation and reaffirmed US military action on Iranian soil.
US launches airstrikes on Iranian missile and drone sites after drone attack on commercial vessel
10 jumps to 13%6%
In retaliation for an Iranian drone strike on a commercial vessel in the Strait of Hormuz, US Central Command launched airstrikes on Iranian missile storage, drone facilities, and coastal radar sites. This marked a significant escalation and reaffirmed US military action on Iranian soil.
US launches retaliatory airstrikes on Iranian missile and drone sites after drone attack on cargo ship
9 jumps to 36%8%
In response to an Iranian drone attack on a commercial vessel in the Strait of Hormuz on June 25, 2026, the US conducted airstrikes on Iranian missile, drone storage, and radar sites near the Strait and on Qeshm Island, marking the latest US military action on Iranian soil in 2026.
U.S. launches strikes on Iranian missile and drone sites near Strait of Hormuz
9 surges to 28%17%
In retaliation for an Iranian drone attack on a commercial vessel, the U.S. conducted airstrikes against missile and drone storage locations and coastal radar sites in Iran. This significant military action reinforced market confidence that U.S. strikes would be limited to Iran.
U.S. conducts airstrikes on Iranian missile, drone, and radar sites in response to drone attack on commercial ship
On June 26, 2026, U.S. Central Command launched airstrikes against Iranian missile and drone storage locations and coastal radar sites along the Strait of Hormuz and Qeshm Island. This was a direct retaliation for an Iranian drone attack on a commercial vessel, marking a significant escalation in U.S.-Iran hostilities.
US strikes Iranian missile, drone, and radar sites in response to drone attack on cargo ship
8 jumps to 30%7%
On June 26, 2026, the US conducted airstrikes against Iranian missile, drone storage, and radar sites near the Strait of Hormuz in retaliation for an Iranian drone attack on a commercial vessel, reaffirming US focus on Iranian territory in military actions.
U.S. military strikes Iranian missile and drone facilities after drone attack on commercial ship
10 jumps to 13%7%
Following an Iranian drone attack on a commercial vessel in the Strait of Hormuz, the U.S. launched retaliatory airstrikes on Iranian missile storage, drone sites, and coastal radar installations, reinforcing the focus on Iranian territory for U.S. strikes in 2026.
U.S. military launches airstrikes on Iranian missile and drone facilities after drone attack on commercial ship
9 jumps to 23%10%
Following an Iranian drone attack on a Singapore-flagged commercial vessel in the Strait of Hormuz, U.S. forces conducted retaliatory airstrikes on four Iranian military installations along the southern coast and Qeshm Island, escalating military conflict and signaling direct U.S. action on Iranian soil.
U.S. retaliates with airstrikes on Iranian missile and drone sites after commercial ship attack
9 rises to 15%3%
Following an Iranian drone attack on a commercial vessel in the Strait of Hormuz, U.S. forces struck multiple Iranian missile storage, drone facilities, and coastal radar sites. This further confirmed ongoing U.S. strikes on Iranian soil, solidifying Iran's status as a primary target country in 2026.
US conducts missile and drone strikes on Iranian missile, drone, and radar sites
9 jumps to 34%9%
In retaliation for an Iranian drone attack on a commercial vessel in the Strait of Hormuz, US Central Command launched airstrikes against Iranian missile and drone storage locations and coastal radar sites on June 26, 2026. This military action reaffirmed US engagement solely against Iran in 2026.
US conducts military strikes against Iranian missile, drone, and radar sites
In response to an Iranian drone attack on a commercial ship in the Strait of Hormuz, US Central Command launched strikes on Iranian missile and drone storage locations and coastal radar sites. This retaliatory action was widely reported and confirmed, reinforcing the US military's active engagement on Iranian soil in 2026.
US conducts airstrikes on Iranian missile, drone, and radar sites in retaliation
8 jumps to 44%9%
On June 26, 2026, the US launched airstrikes against Iranian missile, drone storage, and radar sites in response to an Iranian drone attack on a commercial vessel in the Strait of Hormuz. This confirmed ongoing US military action limited to Iranian territory, reinforcing market confidence in a lower number of countries targeted.
US conducts precision airstrikes against ISIS camp in Libya
9 rises to 3%2%
On June 25, 2026, US Africa Command conducted six precision airstrikes against an Islamic State camp in Libya, killing 17 militants. The strikes were coordinated with Libya's Government of National Accord and targeted ISIS infrastructure used for movement, weapons stockpiling, and planning attacks.
U.S. launches strikes on Iranian air defenses near Strait of Hormuz
8 plunges to 5%42%
Following the downing of a U.S. attack helicopter near the Strait of Hormuz, the U.S. military targeted Iranian air defenses and radar sites. Iran retaliated with missile and drone attacks on U.S. bases in Jordan, Kuwait, and Bahrain, but no U.S. strikes on these countries' soil were reported, maintaining Iran as the only strike location.
US launches strikes against multiple targets in Iran amid rising tensions
9 jumps to 10%6%
The US military launched strikes against multiple Iranian targets following Iranian missile and drone attacks on US bases in Jordan. The strikes were confined to Iranian soil, with no reports of US strikes on other countries, supporting the market's view of a single-country military action.
US conducts self-defense strikes on Iranian targets after missile and drone attacks
12 dips to 3%2%
On June 3, 2026, the US military carried out strikes against Iranian military facilities on Qeshm Island in response to Iranian missile and drone attacks targeting US bases in Kuwait, Bahrain, and other Gulf countries. This escalation reinforced the US military presence and strike activity in multiple countries in the region.
US strikes Iranian targets on Qeshm Island; Kuwait intercepts missile and drone attacks
9 surges to 26%17%
US forces conducted strikes on Iranian military facilities on Qeshm Island, while Kuwait reported intercepting Iranian missile and drone attacks, indicating US military action in Iran and defensive engagements in Kuwait, expanding the number of countries involved.
U.S. conducts airstrikes on Iranian drone control sites in southern Iran
8 plunges to 5%42%
The U.S. military launched airstrikes targeting Iranian drone ground-control stations and missile launch sites in southern Iran, responding to aggressive Iranian actions including the downing of a U.S. drone. This marked a significant escalation in U.S. military action on Iranian soil, reinforcing the market's focus on Iran as the sole target country.
US bombs Iranian military sites and downs missiles fired at troops in Kuwait
The US bombed radar and drone sites in Iran after Tehran shot down an American drone. Iran retaliated with missile attacks on US troops in Kuwait, which were intercepted. This event confirmed ongoing US strikes on Iranian soil only.
U.S. conducts airstrikes on southern Iran targeting drone control stations
9 drops to 34%13%
The U.S. launched airstrikes on Iranian military targets in southern Iran, including a drone ground-control station, in response to aggressive Iranian actions such as shooting down an American drone. This marked an escalation in U.S. military operations on Iranian soil, influencing market expectations of the number of countries struck.
US conducts self-defense strikes on Iranian radar and drone sites after MQ-1 drone shootdown
8 jumps to 17%12%
In response to the shootdown of a US MQ-1 drone, the US launched strikes on Iranian radar and drone command sites on Qeshm Island and Goruk, confirming US military action on Iranian soil and escalating the conflict.
US strikes Iranian radar and drone sites after MQ-1 drone shootdown; Kuwait intercepts missiles
10 rises to 6%3%
Following the shootdown of a US MQ-1 drone, the US launched strikes on Iranian radar and drone command sites in Iran. Concurrently, Kuwait intercepted missiles and drones launched by Iran, indicating active conflict involving US strikes and Iranian retaliations in multiple countries.
U.S. strikes Iranian-linked drone facility in Syria amid escalating tensions
9 rises to 23%1%
U.S. Central Command conducted a precision strike on a drone launch facility in eastern Syria linked to Iranian militias, marking U.S. military action on Syrian soil and signaling escalation in regional drone warfare.
US conducts precision strike on Iranian drone facility in Syria
10 rises to 11%4%
US Central Command conducted a precision strike on a drone launch facility in eastern Syria linked to Iranian-aligned militias. This marked US military action on Iranian proxy infrastructure outside Iran, expanding the number of countries where US strikes occurred.
U.S. conducts precision strike on Iranian-linked drone facility in Syria
9 rises to 28%4%
U.S. Central Command launched a precision airstrike on a drone launch facility in eastern Syria linked to Iranian-aligned militias, marking a direct military action on Syrian soil. This strike confirmed U.S. willingness to target Iranian proxy infrastructure outside Iran, impacting market expectations for the number of countries struck.
US conducts precision strike on Iranian-linked drone facility in Syria
8 jumps to 30%7%
US Central Command carried out a precision air strike on a drone launch facility in eastern Syria linked to Iranian-aligned militias, marking a direct US military action on Syrian soil. This strike was part of ongoing efforts to counter drone threats to US personnel in the region and confirmed US military action in Syria in 2026.
U.S. conducts precision strike on Iranian-linked drone facility in Syria
8 dips to 19%3%
U.S. Central Command launched a precision airstrike on a drone launch facility in eastern Syria linked to Iranian-aligned militias, marking a significant escalation in regional tensions and demonstrating U.S. resolve to counter drone threats. This strike confirmed U.S. military action on Syrian soil, impacting market expectations for the number of countries targeted.
U.S. conducts precision strike on Iranian-linked drone facility in Syria
10 jumps to 19%10%
U.S. Central Command launched a precision airstrike on a drone launch facility in eastern Syria linked to Iranian-aligned militias, marking a direct military action on Syrian soil. This event confirmed U.S. military engagement in Syria in 2026, impacting market expectations for the number of countries targeted.
US conducts new strikes on Iranian military site and drones near Strait of Hormuz
9 rises to 11%4%
On May 27, 2026, the US military carried out strikes on an Iranian ground control station in Bandar Abbas and shot down Iranian attack drones threatening the Strait of Hormuz, reaffirming ongoing US military action solely on Iranian territory.
US conducts self-defense strikes on Iranian missile launch sites and boats
The US military carried out self-defense strikes targeting Iranian missile launch sites and boats around the Strait of Hormuz amid ongoing ceasefire negotiations, reinforcing the focus on Iranian territory for US military action.
US conducts self-defense strikes on Iranian missile launch sites and boats
9 surges to 27%17%
The US military carried out self-defense strikes targeting Iranian missile launch sites and boats around the Strait of Hormuz amid ongoing ceasefire negotiations. This continued pattern of strikes against Iranian territory reinforced market confidence that the US would not strike other countries in 2026.
US Africa Command conducts coordinated strike against ISIS in Nigeria
8 plunges to 5%42%
US Africa Command, in coordination with the Nigerian government, conducted airstrikes against ISIS militants in Northeastern Nigeria, marking Nigeria as a country where US military action occurred in 2026.
US and Nigeria conduct joint airstrikes against ISIS in Northeastern Nigeria
8 surges to 37%25%
At the direction of the US President and Secretary of War, and in coordination with the Nigerian government, U.S. Africa Command conducted airstrikes against ISIS militants in Northeastern Nigeria starting May 16, 2026, marking significant US military action on Nigerian soil.
US and Nigeria begin joint military operation against ISWAP and Boko Haram
9 surges to 29%17%
On May 15, 2026, the US and Nigeria launched joint military operations including airstrikes against Islamic State West Africa Province and Boko Haram militants in northeastern Nigeria, marking US military action on Nigerian soil.
US and Nigerian forces launch joint military operation with airstrikes against ISWAP in Nigeria
9 surges to 29%17%
On May 15, 2026, the US and Nigeria began a joint military operation against ISWAP and Boko Haram in northeastern Nigeria, including special forces raids and multiple rounds of airstrikes. This operation killed senior ISWAP leaders and intensified US military involvement in Nigeria.
US military strikes Iranian military facilities near Strait of Hormuz
8 rises to 27%4%
US forces conducted strikes on Iranian missile and drone launch sites, command and control locations, and intelligence nodes near the Strait of Hormuz in response to Iranian attacks on US warships. This confirmed Iran as a country targeted by US military strikes in 2026.
US military strikes Iranian facilities in Bandar Abbas and Qeshm
9 jumps to 26%14%
US forces targeted Iranian military facilities responsible for missile, drone, and small boat attacks against US warships in the Strait of Hormuz area, including Bandar Abbas and Qeshm Island. This action was part of ongoing US military operations in Iran, reinforcing expectations of multiple strike locations.
US conducts self-defense strikes on Iranian missile and drone sites
On May 7, 2026, US forces struck Iranian missile and drone launch sites and command locations in response to Iranian attacks on US Navy vessels transiting the Strait of Hormuz, focusing strikes on Iranian territory without reported strikes on other countries.
US forces strike Iranian military facilities after missile and drone attacks
9 jumps to 27%14%
US Central Command confirmed strikes on Iranian missile and drone launch sites responsible for attacks on US warships in the Strait of Hormuz. The strikes targeted multiple Iranian locations including Bandar Abbas and Qeshm, reaffirming that US military action was confined to Iran.
US launches missile and drone strikes on Iranian military facilities
10 rises to 19%4%
The US military launched strikes on Iranian military sites responsible for attacks on US forces, escalating tensions and confirming US military action on Iranian soil. This event influenced market prices by increasing the perceived number of countries targeted by US strikes.
U.S. forces strike Iranian military facilities in response to missile and drone attacks
9 jumps to 25%12%
U.S. Central Command announced strikes on Iranian missile and drone launch sites and command centers in southern Iran, targeting facilities responsible for attacks on U.S. warships. This confirmed continued U.S. aerial military actions on Iranian soil.
U.S. forces strike Iranian military facilities near Strait of Hormuz
8 rises to 23%1%
U.S. Central Command conducted airstrikes on Iranian missile and drone launch sites, command centers, and surveillance nodes near the Strait of Hormuz in response to Iranian attacks on U.S. warships, escalating military tensions in the region.
US strikes Iranian military sites in Bandar Abbas and Qeshm Island
In response to missile, drone, and boat attacks on US destroyers, the US conducted strikes on Iranian military sites in Bandar Abbas and Qeshm Island. This reinforced the market's view that US military action was confined to Iran.
US forces strike Iranian military facilities near Strait of Hormuz
US Central Command announced strikes on Iranian missile, drone, and command sites responsible for attacks on US warships transiting the Strait of Hormuz, escalating tensions and confirming US military action on Iranian soil.
US disables Iranian oil tankers amid renewed missile and drone attacks in Gulf
12 dips to 3%2%
The US Central Command disabled two Iranian oil tankers attempting to reach Iranian ports, enforcing a naval blockade. This action coincided with fresh missile and drone attacks reported by the UAE, indicating ongoing US military operations in the Gulf region and sustaining market expectations for strikes in multiple Middle Eastern countries.
Iranian missile and drone strike damages US base in Saudi Arabia
8 jumps to 24%8%
Iranian forces launched missile and drone attacks on Prince Sultan Air Base in Saudi Arabia, injuring US soldiers and damaging aircraft, escalating regional conflict and prompting expectations of further US military responses.
Iranian missile and drone strike damages US base in Saudi Arabia
9 dips to 30%4%
Iranian forces launched missile and drone attacks on US military bases in the region, including Prince Sultan Air Base in Saudi Arabia, escalating the conflict but not involving US strikes on Saudi soil, thus not increasing the count of countries targeted by US strikes.
Iranian missile and drone strike damages US base in Saudi Arabia
11 dips to 5%3%
On March 27, 2026, Iran launched missile and drone attacks on Prince Sultan Air Base in Saudi Arabia, damaging US aircraft and injuring US soldiers. This event heightened regional tensions and suggested potential US military responses in multiple countries, influencing market pricing toward a moderate number of countries targeted.
US conducts precision airstrike killing senior ISIS leader in Iraq
9 rises to 4%3%
On March 13, 2026, US Central Command carried out a precision airstrike in Al Anbar province, Iraq, killing Abdallah “Abu Khadijah” Makki Muslih al-Rifai, the second-in-command of ISIS, and another operative. This strike was part of ongoing US counterterrorism operations targeting ISIS in Iraq during 2026.
US conducts multiple airstrikes against Iran-backed militias in Iraq
Since the outbreak of the 2026 Iran war, the US has conducted numerous airstrikes targeting Iranian-backed militias in Iraq, including the Popular Mobilization Forces. These strikes have killed dozens of militia members and targeted multiple bases across Iraq.
US conducts strikes on Iranian radar and drone sites after MQ-1 drone shootdown
12 dips to 2%3%
Following the shootdown of a US MQ-1 drone, the US military launched strikes on Iranian radar and drone command sites on Qeshm Island and Goruk. This action escalated hostilities and was part of ongoing US military operations against Iran, influencing market prices for strikes in the Middle East.
Trump administration expands counterterrorism operations including strikes in Iraq, Nigeria, and Somalia
In early 2026, the Trump administration approved the expansion of counterterrorism operations that included bombing targets in Iraq, Nigeria, and Somalia, reflecting a broader military engagement across multiple countries.
Drone strikes near US embassies in Saudi Arabia and Kuwait amid escalating conflict
12 dips to 2%3%
Drone activity targeted areas near US diplomatic compounds in Saudi Arabia and Kuwait, leading to heightened security alerts and embassy closures. This expansion of conflict zones to include diplomatic sites underscored the widening scope of US military involvement in the region.
Iranian missile and drone strikes target US bases in Bahrain, Kuwait, and Jordan
12 dips to 2%3%
Iran's Islamic Revolutionary Guard Corps claimed missile and drone attacks on US military bases in Bahrain, Kuwait, and Jordan, marking a sharp escalation and retaliation for US strikes. These attacks increased regional tensions and the likelihood of further US military responses in multiple countries.
US and Arab nations condemn Iran's missile and drone strikes across West Asia
9 drops to 34%13%
The US and six Arab nations issued a joint statement condemning Iran's missile and drone attacks on multiple countries including Bahrain, Iraq, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE. This highlighted the broad regional impact of the conflict and increased expectations of US military responses across these countries.
US deploys B-2 bombers, Tomahawk missiles, and suicide drones in strikes on Iran
9 plunges to 15%32%
The US intensified its military campaign against Iran using advanced weaponry including Tomahawk cruise missiles, B-2 stealth bombers, and suicide drones targeting Iranian military facilities. This demonstrated a significant escalation in US air strikes exclusively on Iranian territory, reinforcing market expectations of limited country targets.
US deploys Tomahawk missiles, B-2 bombers, and suicide drones in strikes on Iran
8 drops to 0%5%
The US intensified its bombing campaign against Iranian military sites using advanced weaponry including Tomahawk cruise missiles, B-2 stealth bombers, and suicide drones, reinforcing the focus on Iran and limiting expectations of strikes in other countries.
Iranian missile and drone strikes target US bases in Middle East
8 plunges to 5%42%
Iran launched retaliatory missile and drone strikes on US military bases in several Middle Eastern countries, including Iraq, Kuwait, Bahrain, and Saudi Arabia, indicating US military presence and conflict in these countries.
Iran launches missile and drone strikes on Gulf states and US bases
Following US-Israeli strikes, Iran launched missile and drone attacks on Israel, Bahrain, Jordan, Kuwait, Qatar, Saudi Arabia, and the UAE, targeting US military bases and allied countries, escalating the regional conflict but no US strikes on these countries were reported.
US deploys Tomahawk missiles, B-2 bombers, and suicide drones in strikes on Iran
9 drops to 7%7%
The US intensified its air campaign against Iran using advanced weaponry including Tomahawk cruise missiles, B-2 stealth bombers, and suicide drones, demonstrating sustained military action exclusively against Iranian targets in early March 2026.
US conducts airstrikes on Iranian missile and drone sites in response to attacks
9 jumps to 8%5%
Following the initial strikes, the US continued targeting Iranian missile and drone storage locations and radar sites, responding to Iranian missile and drone attacks on US bases and allies in the region. This sustained campaign confirmed ongoing US military action on Iranian soil.
U.S. deploys Tomahawk missiles, B-2 bombers, and suicide drones in strikes on Iran
8 dips to 1%4%
Following the initial wave of strikes, the U.S. intensified its bombing campaign using advanced weaponry including Tomahawk cruise missiles, stealth B-2 bombers, and suicide drones against Iranian missile and military facilities, reinforcing the focus on Iran as the primary target of U.S. military action.
Iran launches missile and drone attacks on US bases and allies
9 drops to 28%6%
Following the US-Israel strikes, Iran retaliated with missile and drone attacks against US military bases and US-aligned Arab countries including Bahrain, Kuwait, Jordan, and the UAE. This expanded the conflict beyond Iran's borders, raising the possibility of US strikes in multiple countries.
U.S. deploys Tomahawk missiles, B-2 bombers, and suicide drones in strikes on Iran
9 plunges to 15%32%
The U.S. intensified its military campaign against Iranian targets using advanced weaponry including Tomahawk cruise missiles, stealth bombers, and suicide drones. This marked a significant escalation in aerial strikes on Iranian soil, confirming active U.S. military operations in Iran.
US and Israel launch coordinated airstrikes on Iran
9 drops to 34%13%
On February 28, 2026, the US and Israel launched military strikes on Iranian nuclear and military sites, marking the start of the 2026 Iran war. This major military action against Iran set the stage for subsequent US strikes in the region, influencing market expectations for US military actions against Iran.
U.S. and Israel launch coordinated airstrikes on Iran initiating Operation Epic Fury
9 drops to 34%13%
The United States and Israel began a large-scale military campaign against Iran targeting nuclear and military infrastructure, marking the start of direct U.S. airstrikes on Iranian soil in 2026. This set the stage for subsequent U.S. strikes exclusively within Iran.
US and Israel conduct military strikes on Iran targeting missile and nuclear sites
8 surges to 27%17%
On February 28, 2026, the US and Israel launched coordinated military strikes on Iranian missile, air defense, and nuclear-related facilities, marking a major US military action on Iranian soil and escalating regional conflict.
US and Israel commence coordinated military strikes on Iran
Following failed nuclear negotiations, the US and Israel launched coordinated strikes on Iranian nuclear and military facilities, marking the start of direct US military action on Iranian soil in 2026. This event set the stage for ongoing military conflict and influenced market expectations of US strikes on Iran.
US launches Operation Epic Fury with strikes on Iranian military sites
8 plunges to 19%28%
The US launched a major military campaign against Iran, including missile and drone strikes on Iranian military targets, marking the start of significant US military action on Iranian soil in 2026. This event set the stage for the market by confirming at least one country targeted: Iran.
US and Israel launch massive coordinated strikes on Iranian military targets
12 plunges to 3%44%
On February 28, 2026, the US and Israel launched nearly 900 strikes targeting Iranian missiles, air defenses, military infrastructure, and leadership, killing Supreme Leader Ali Khamenei and others. This marked a major escalation and set the stage for retaliatory strikes and increased US military activity in the region, significantly impacting market expectations for US strikes in multiple countries.
Iran fires missiles and drones at United Arab Emirates after U.S.‑Israel strike
10 rises to 13%1%
Following the U.S.–Israel strikes on Iran, Iran launched a multiday barrage of missiles and drones at the United Arab Emirates. The UAE’s defence systems intercepted many of them, but the exchange confirmed the UAE as a third distinct country involved in the 2026 U.S. strike/retaliation cycle.
U.S. ATACMS strike hits Iranian missile and air‑defence sites
9 jumps to 13%9%
U.S. forces launched an ATACMS strike that destroyed Iranian missile and air‑defence sites, marking the first combat use of a U.S. autonomous kamikaze drone against Iran. This added Iran as a second distinct country hit by U.S. air‑launched weapons in 2026.
US and Israeli forces launch nearly 900 strikes on Iranian military targets
9 plunges to 3%44%
On February 28, 2026, the US and Israel conducted a massive coordinated strike campaign against Iranian missile sites, air defenses, military infrastructure, and leadership, killing Supreme Leader Ali Khamenei and dozens of others. This major military action established Iran as a confirmed target country for US strikes in 2026, significantly impacting market expectations.
US and Israel launch coordinated airstrikes on Iran
On February 28, 2026, the US and Israel commenced military strikes targeting Iranian military infrastructure and leadership, marking the start of Operation Epic Fury. This initiated the US air campaign focused on Iranian territory, setting the stage for subsequent strikes exclusively in Iran.
U.S. and Israeli forces launch nearly 900 strikes on Iranian military targets
8 plunges to 5%42%
On February 28, 2026, U.S. and Israeli forces conducted a massive coordinated strike campaign against Iranian missile sites, air defenses, and military infrastructure, killing key Iranian officials including Supreme Leader Ali Khamenei. This marked a significant escalation in military action against Iran, influencing market expectations of U.S. strikes on Iranian soil.
U.S. and Israel launch coordinated strikes on Iran starting Operation Epic Fury
8 dips to 44%3%
The United States and Israel commenced military strikes on Iran after failed nuclear negotiations, initiating a war that involved multiple airstrikes and missile attacks on Iranian territory, confirming Iran as a major target country in 2026.
US and Israel launch Operation Epic Fury against Iran
9 rises to 3%2%
On February 28, 2026, the United States and Israel launched Operation Epic Fury, a massive coordinated military campaign targeting Iranian military and nuclear infrastructure. The operation included hundreds of precision strikes, resulting in the death of Iran's Supreme Leader Ayatollah Ali Khamenei and significant degradation of Iran's military capabilities, marking a major escalation in US-Iran conflict.
US and Israeli forces launch coordinated strikes on Iranian military infrastructure
On February 28, 2026, the US and Israel commenced military strikes targeting Iranian military infrastructure and leadership, marking the start of Operation Epic Fury. This major campaign set the stage for ongoing US military action against Iran throughout 2026, influencing market expectations for US strikes on Iranian soil.
US and Israel conduct joint military strikes on Iran
9 drops to 35%12%
On February 28, 2026, the US and Israel launched nearly 900 strikes targeting Iranian missiles, air defenses, military infrastructure, and leadership, including killing Supreme Leader Ali Khamenei. This marked the start of a major military conflict involving Iran and significantly influenced market expectations for US strikes in multiple countries in the region.
US and Israel commence military strikes in Iran under Operation Epic Fury
9 drops to 34%13%
Following failed negotiations on the Iranian nuclear program, the US and Israel began coordinated missile and drone strikes on Iranian territory, marking a significant escalation in military action against Iran and impacting market expectations for the number of countries targeted.
US and Israel launch joint strikes on Iranian military targets
On February 28, 2026, the US and Israel conducted nearly 900 strikes on Iranian missile, air defense, and military infrastructure as part of Operation Epic Fury, marking the start of open hostilities. This major military action set the stage for subsequent US strikes primarily focused on Iran.
US and Israel launch major joint military strikes against Iran
On February 28, 2026, the US and Israel launched coordinated air and missile strikes against multiple Iranian military and government targets, marking one of the most significant US military actions in Iran in decades. This escalation followed failed nuclear negotiations and increased US military presence in the region, significantly affecting market expectations for US military engagements in 2026.
US and Israel launch nearly 900 strikes on Iranian military targets
9 dips to 2%1%
On February 28, 2026, the US and Israel conducted a massive coordinated strike campaign against Iranian missile, air defense, and military infrastructure, killing Supreme Leader Ali Khamenei and dozens of officials. This marked the start of a major US military campaign on Iranian soil, significantly affecting market expectations.
US and Israeli forces launch coordinated strikes on Iran
11 plunges to 6%41%
Following failed nuclear negotiations, the US and Israel launched nearly 900 strikes targeting Iranian missiles, air defenses, and military infrastructure, marking a major escalation in the conflict and initiating Operation Epic Fury.
US and Israel conduct coordinated military strikes in Iran
9 plunges to 3%44%
On February 28, 2026, the US and Israel launched nearly 900 strikes targeting Iranian missiles, air defenses, military infrastructure, and leadership, marking a major escalation in the Iran conflict. This operation significantly influenced market pricing for US military actions in multiple countries.
US and Israel commence military strikes in Iran under Operation Epic Fury
On February 28, 2026, the US and Israel began coordinated military strikes in Iran targeting missile and drone sites, marking the start of Operation Epic Fury. This significant escalation confirmed US aerial strikes on Iranian soil, impacting market expectations for the number of countries targeted.
US authorizes Operation Epic Fury, launching strikes on Iran
15+ plunges to 1%47%
On February 27, 2026, President Trump authorized Operation Epic Fury, leading to US and Israeli missile and drone strikes on Iranian military infrastructure starting February 28. This marked a significant escalation in US military action against Iran, influencing market expectations about the number of countries targeted.
US authorizes Operation Epic Fury, launching strikes on Iran
8 plunges to 0%47%
On February 27, 2026, President Trump authorized Operation Epic Fury, leading to US missile and drone strikes on Iranian targets starting February 28. This marked a significant escalation in US military action against Iran, influencing market expectations for the number of countries targeted.
US and Israel launch coordinated military strikes on Iran
On February 27-28, 2026, the US and Israel conducted missile and drone strikes on Iranian military targets as part of Operation Epic Fury, marking the start of intensified military action against Iran. This event increased market expectations of US strikes on Iranian soil, influencing the market towards lower numbers of countries targeted.
US authorizes Operation Epic Fury, initiating strikes on Iran
10 plunges to 8%39%
On February 27, 2026, President Trump authorized Operation Epic Fury, leading to US missile and drone strikes on Iranian territory starting February 28. This marked the beginning of direct US military action on Iranian soil, significantly impacting market expectations for the number of countries targeted.
US authorizes Operation Epic Fury, initiating missile and drone strikes on Iran
9 drops to 34%13%
On February 27, 2026, President Trump authorized Operation Epic Fury, leading to US missile, drone, and Israeli airstrikes on Iranian territory starting February 28. This marked the beginning of direct US military action against Iran, significantly impacting market expectations for US strikes in 2026.
US AFRICOM conducts airstrikes targeting ISIS-Somalia in Golis Mountains
8 jumps to 16%7%
Between February 22-26 and on February 28, 2026, U.S. Africa Command conducted airstrikes targeting ISIS-Somalia in the Golis Mountains region, Somalia, further intensifying US military operations in Somalia.
US Africa Command conducts airstrike targeting al-Shabaab in Somalia
9 rises to 3%2%
On January 29, 2026, US Africa Command, in coordination with the Federal Government of Somalia, conducted an airstrike targeting al-Shabaab militants. This was part of ongoing US counterterrorism operations in Somalia aimed at degrading terrorist capabilities threatening US interests and regional stability.
U.S. drone strike targets Al-Qaeda leaders in eastern Marib, Yemen
8 drops to 35%12%
A U.S. drone strike targeted a meeting of Al-Qaeda leaders in Marib province, Yemen, killing several militants. This continued the U.S. counterterrorism campaign against AQAP in Yemen, confirming ongoing U.S. military action on Yemeni soil.
Putin offers to mediate Middle East tensions after calls with Israel and Iran
7 drops to 39%7%
Russian President Vladimir Putin spoke with Israeli and Iranian leaders, pitching Russia as a mediator amid regional tensions and U.S. threats of strikes on Iran. This diplomatic move suggested a de-escalation in U.S. military action in the Middle East, reducing market expectations for U.S. strikes on multiple countries.
US and Jordanian forces conduct second wave of airstrikes on ISIS positions in Syria
On January 10, 2026, US and Jordanian forces launched a second wave of airstrikes on dozens of ISIS positions near Deir ez-Zor, Syria, using over 90 munitions. This was part of an ongoing campaign against ISIS in Syria and Iraq following a December ambush that killed two US soldiers.
US launches Operation Hawkeye Strike targeting ISIS in Syria
9 rises to 4%3%
In response to a December 13, 2025 ambush that killed two US soldiers and a civilian interpreter, the US launched Operation Hawkeye Strike, conducting large-scale airstrikes against over 35 ISIS targets across Syria. The operation involved more than 20 aircraft and over 90 precision munitions, signaling a strong US commitment to counterterrorism in the region.
US conducts airstrikes against ISIS targets in Syria
8 jumps to 16%11%
The US and Jordan launched multiple airstrikes against Islamic State targets in Syria, utilizing precision munitions to destroy ISIS infrastructure. This confirmed Syria as a country where the US conducted military strikes in 2026.
US launches airstrikes on militant camps in Nigeria's Sokoto state
9 rises to 13%3%
The US military conducted airstrikes targeting Lakurawa militant camps in northwestern Nigeria, marking a direct military action on Nigerian soil. This event increased the likelihood of the US conducting strikes in Nigeria, affecting the market's assessment of the number of countries targeted.
US launches military strike in Venezuela capturing President Maduro
8 plunges to 5%42%
On January 3, 2026, the United States launched a military strike in Venezuela, capturing incumbent President Nicolás Maduro and his wife. This operation involved bombing infrastructure across northern Venezuela and marked a significant U.S. military action outside the Middle East in 2026, confirming Venezuela as a country where the US conducted military strikes.
US launches military strike in Venezuela capturing President Maduro
9 drops to 35%12%
On January 3, 2026, the US launched a military strike in Venezuela, capturing incumbent President Nicolás Maduro and his wife. This operation involved bombing infrastructure across northern Venezuela and marked a significant US military action outside the Middle East in 2026, impacting market expectations for the number of countries targeted.
US military strikes and captures Venezuelan President Maduro
9 rises to 3%2%
On January 3, 2026, the United States launched a military strike in Venezuela, capturing incumbent President Nicolás Maduro and his wife. The operation marked a significant US military intervention in Venezuela, involving airstrikes and covert operations, and led to Maduro's removal from power and transfer to US custody.
US conducts large-scale military strike in Venezuela, captures Maduro
7 drops to 39%7%
The US launched a major military operation in Venezuela, capturing President Nicolas Maduro and his wife, marking a direct US military action on Venezuelan soil. This event confirmed at least one country where the US initiated military strikes in 2026, significantly impacting market probabilities.
U.S. launches military strike in Venezuela capturing President Maduro
8 dips to 44%3%
The U.S. launched a military operation in Venezuela, bombing infrastructure and capturing President Nicolás Maduro, marking a significant military action outside the Middle East and confirming Venezuela as a target country in 2026.
US AFRICOM conducts airstrikes targeting ISIS-Somalia
8 jumps to 18%13%
In coordination with the Federal Government of Somalia, U.S. Africa Command conducted airstrikes targeting ISIS-Somalia from January 1-3, 2026. This marked the continuation of US counterterrorism operations in Somalia, impacting market expectations for US military action in Somalia.
U.S. drone strike hits Venezuelan vessel in Caribbean
8 rises to 5%4%
The U.S. carried out a drone strike on a vessel tied to the Venezuelan drug‑trafficking network in the Caribbean. This was the first U.S. aerial strike on Venezuelan soil in 2026, adding Venezuela to the list of countries hit by U.S. drone or missile attacks and pushing the market outlook toward a higher country count.
US launches airstrikes against ISIS militants in Nigeria
9 drops to 35%12%
On Christmas Day 2025, the US military, in coordination with Nigerian forces, launched airstrikes targeting Islamic State militants in northwest Nigeria, marking a new phase in US counterterrorism efforts in Africa. This operation was publicly described by President Trump as a powerful strike against ISIS terrorists, signaling increased US military involvement in Nigeria.
US Africa Command launches airstrikes in Nigeria targeting Islamic State militants
9 plunges to 3%44%
On Christmas night 2025, the US Africa Command conducted airstrikes in Sokoto State, Nigeria, targeting Islamic State terrorists. This marked the first American combat action inside Nigeria and was acknowledged as a significant escalation in US military involvement there.




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Frequently Asked Questions