US destroys five Iranian tankers as Tehran strikes Jordan, Trump signals prolonged war
The Gulf conflict that pushed oil past $100 a barrel is still escalating. US forces destroyed five Iranian vessels identified as tankers, and Tehran retaliated with strikes on targets in Jordan, widening the conflict from the Gulf states into the wider Levant. Separately, President Trump told the Republican convention that the war with Iran will not end before November's midterm elections, a sign that Washington expects a long campaign rather than quick de-escalation. For organisations with staff, assets or supply chains in the Gulf, Jordan or the wider Levant, this points to sustained high risk rather than a short spike. Expect continued swings in energy prices, tighter maritime and aviation corridors, and a higher baseline threat to facilities and travel in Jordan in particular. Security teams should refresh country risk ratings for Jordan and the Gulf states and review duty-of-care arrangements for anyone currently in the region. Stress-test supply chain and insurance exposure against a conflict now expected to last months, not weeks.