Iranian armed forces have launched attacks on United States military infrastructure located in neighboring Gulf states, marking a sharp escalation in the ongoing conflict.

The strikes come as a direct response to recent US military operations targeting Iran's southern coastal and eastern provinces.

Multiple wire services, including Channel NewsAsia and The Korea Times, have confirmed the reports of the retaliatory action.

The development intensifies fears of broader disruption in the Persian Gulf, a critical chokepoint for global energy supplies.

With active combat operations now extending to US bases in the region, the risk to commercial shipping lanes and offshore energy assets has risen significantly.

Markets are likely to price in a higher premium for geopolitical risk as the window for de-escalation narrows.