Overview
- Iranian state media reported an attack on the Shalamcheh border crossing on Thursday that killed two people and wounded at least 11, citing a Khuzestan provincial official.
- A video shared with Iran International corroborated a series of explosions at the crossing, and separate local outlets reported strikes near Bushehr close to Iran’s only operating commercial nuclear power plant.
- The incident follows days of U.S. air, sea and drone strikes on Iranian coastal and military sites and Iranian missile and drone responses that have hit U.S. and allied facilities.
- Iraq said the wider disruption to exports has cost the country about $40–$45 billion through June, and Qatar, Pakistan and Egypt have proposed a 10-day ceasefire that neither Washington nor Tehran has accepted.
- Markets and prediction contracts have moved to price a higher chance of an Iranian airspace closure and continued shipping disruption, raising the risk that the confrontation could broaden unless diplomatic steps take hold.