Iran has repeatedly launched ballistic missiles at Jordanian air bases hosting U.S. forces, most recently on October 5-6, 2026, when Jordanian defenses intercepted multiple projectiles aimed at the Al-Azraq base. These strikes form part of Iran's retaliatory pattern in the ongoing U.S.-Iran conflict, often following American actions against Iranian targets such as oil tankers or naval assets. Jordan's air defenses have intercepted the majority of incoming missiles with limited reported damage, while Iran's Islamic Revolutionary Guard Corps frames the operations as responses to perceived U.S. aggression. Trader assessments reflect the persistence of this escalation cycle, U.S. military presence in Jordan, and potential for additional rounds of strikes tied to developments in the broader regional confrontation.