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US-Iran Strikes Rattle Markets as Middle East Conflict Escalates

US-Iran Strikes Rattle Markets as Middle East Conflict Escalates

ZeroHedge·3 June 2026

US forces struck Iran's Qeshm Island and intercepted retaliatory Iranian drone and missile attacks on US bases in Kuwait, while explosions were reported in Saudi Arabia and the UAE, sending oil prices above $98 a barrel and rattling global markets. The expanding military confrontation between the US and Iran — with no ceasefire deal in sight — signals a dangerous escalation in the region Scripture identifies as the epicentre of end-times conflict. The Bible forewarns of wars and rumours of wars, economic instability, and rising tensions around the Middle East as birth pangs preceding Christ's return (Matthew 24:6-8; Daniel 11:40-45).