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US, Saudi Airstrike Iran-Backed Militias, Oil Prices Surge

7/30/2026

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U.S.-Saudi Airstrike
  • U.S. and Saudi forces airstriked Iranian-backed militia sites in eastern Iraq on Wednesday.
  • Saudi Defense Minister Khalid bin Salman said the strikes were meant to deter Iran and called for negotiations.
  • Revolutionary Guard navy forced tankers to stop in Strait of Hormuz after warnings.
  • Planet Labs imagery confirmed damage to Saudi Aramco’s Abqaiq facility after drone attacks.
  • Popular Mobilisation Forces reported 20 fighters killed and 32 wounded in the strikes.
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