Egypt, a mediator in Iran-US negotiations, has condemned Iran’s recent drone and missile attacks on Kuwait, Bahrain, Oman, and Jordan. These attacks, occurring on July 12-13, 2026, were reportedly aimed at U.S. military bases in these countries and followed a breakdown in the U.S.-Iran ceasefire. This escalation comes as Egypt is scheduled to host further mediation efforts on July 13, 2026. Market participants appear to view Egypt’s condemnation as indicative of heightened tensions, potentially impacting the…
Egypt condemns Iran’s attacks on Gulf states amid US-Iran ceasefire breakdown
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