Recent reports indicate a significant increase in missile and drone strikes by Iran targeting Gulf states amidst ongoing conflicts in the Middle East. Iran has launched approximately 4,300 missiles and drones since the beginning of hostilities, with 83% aimed at Gulf nations, while only 17% targeted Israel. The situation is further complicated by the arrival of U.S. marines in the region and warnings from Gulf countries and Israel regarding potential retaliatory attacks. Ongoing military operations have resulted in extensive damage to various infrastructure including energy facilities and military targets across several countries, prompting concerns over regional stability and the effectiveness of previous U.S. and Israeli military responses. Strikes have persisted despite claims of diplomatic efforts for a ceasefire, leading to a precarious war alert environment as the global markets react to the escalating tensions.