The US carried out a second round of strikes on Iran in three days overnight, hitting radar…

The US-Iran exchange escalated for a third straight day. Overnight, US forces carried out a second round of strikes in three days, targeting radar systems and mine-laying capabilities along Iran's southern coast; Trump told reporters the US destroyed a rocket Iran was building to drop mines and equipment being used to rebuild radar and missile systems hit in earlier strikes. Iran retaliated with drone and missile volleys on US bases across the Middle East, including a target in Kuwait — Kuwait's foreign ministry condemned the attack as ‘a direct threat to its security and stability.’ Iran separately accused the US of striking a wedding gathering in Kuhestak; the claim has not been independently confirmed. Trump said he ‘doesn't think too long’ the campaign will last, repeated his claim that the US controls the Strait of Hormuz, and confirmed the US is ‘prepared to do another one any time we want.’ Brent crude eased slightly to $95.10/bbl after spiking on the news. On Ukraine, Russian combat losses reached approximately 1,492,350 as of Sep 3 (+1,320). Kyiv endured a seventh consecutive night of Russian strikes, with Odesa Oblast reporting at least 17 injured, including three children, in the latest overnight attack.