Tuesday, 21 July 2026

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Trump threatens to make Iran pay for every soldier killed after three casualties in Jordan and Iraq

Trump threatens Iran with retaliation after the death of three soldiers in Jordan and Iraq. Tehran challenges with a possible intervention in Kharg.

Daniel Ríos CompanyDaniel Ríos Company· · 3 min read

The President of the United States, Donald Trump, has warned Iran that it will pay 'many times more' for every American soldier killed. The threat comes after the death of three military personnel in attacks in Jordan and Iraq.

The President of the United States, Donald Trump, has issued a direct warning to Iran: every fallen American soldier will have a price. In a message on Truth Social, Trump stated that he has instructed Secretary of Defense Pete Hegseth and military leaders to ensure that any Iranian attack against U.S. forces is met with disproportionate retaliation. The statement follows the deaths of three military personnel over the weekend.

Three soldiers killed raises tensions between Washington and Tehran

Two of the soldiers died in an Iranian attack on a military base in Jordan, while a third soldier lost his life in Iraq during the controlled detonation of an Iranian explosive. According to EFE news agency, these are the first American casualties since the ceasefire broke down nearly two weeks ago. With these, a total of 17 U.S. military personnel have died since the offensive against Iran began on February 28.

The exchange of attacks shows no signs of stopping. Washington and Tehran engaged in a new wave of bombings over the weekend, complicating any attempts at dialogue. The escalation appears far from abating, and the international community watches with concern as the conflict intensifies day by day.

Iran challenges Trump and warns of intervention on Kharg Island

Hours after Trump's statements, the spokesperson for the Iranian Foreign Ministry, Esmaeil Baqaei, responded with a defiant message. In a press conference, Baqaei stated that there are people in the region who are "counting the minutes to welcome" U.S. troops in the event of a ground intervention. "They will see the consequences," the diplomat added.

Kharg Island, located 25 kilometers off the Iranian coast, is at the centre of the dispute. It accounts for 90% of Iran's oil exports, making it a strategic target. Trump has already raised the possibility of a ground incursion to seize the island, an option he has kept open since an interview with Fox News last week. "If we can degrade their capabilities enough and get deep into their structure, I would do it," he said then.

Tensions are not new. Since July 11, hostilities have escalated with U.S. airstrikes against Iranian territory and Tehran's retaliation against U.S. targets in the Middle East. Bombings continued early Monday morning for the ninth consecutive day, showing that the conflict shows no signs of easing.

What does this escalation mean for the economy and business?

Although the conflict seems distant, its effects reach Spain through the price of oil. Kharg Island controls almost all Iranian crude, and any disruption in its supply drives international prices up. For Spanish companies dependent on oil, such as those in transportation or petrochemicals, this translates into increased costs. Moreover, geopolitical uncertainty hampers investments and raises financing costs. Investors need to pay attention to upcoming OPEC decisions and potential sanctions that could affect trade with Iran.

For now, there are no signs of de-escalation. Trump maintains his hardline stance, and Iran responds in kind. Meanwhile, the international community observes a standoff that could redefine the balance of power in the Middle East and, in turn, shake global markets. For readers interested in the economy, the recommendation is clear: closely monitor the evolution of crude and diversify risks.

Daniel Ríos Company

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Daniel Ríos Company

Redactor

Graduado en Economía por CUNEF y adicto a las pantallas en rojo y verde. Cafés dobles antes de la apertura, escéptico de los gurús y traductor del Ibex para mortales; en Iber Empresa firma los mercados.