Missile Strike in Kuwait Injures Americans as Iran Ceasefire Talks Stall Without Agreement

A missile attack on a Kuwaiti air base injured several Americans on May 29, 2026, as White House discussions on extending the Iran ceasefire ended without a deal. The assault, which involved an Iranian ballistic missile, caused minor injuries to about five contractors and active-duty personnel and seriously damaged two MQ-9 Reaper drones valued at $30 million each. The talks ended inconclusively despite President Trump earlier signaling a deal was near, continuing conflicting signals that have whipsawed markets. Hopes for a truce extension had propelled stocks toward a historic streak of weekly gains. Trump reiterated demands that Iran abandon its nuclear program, surrender enriched uranium, and reopen the Strait of Hormuz before any pact. Treasury Secretary Bessent outlined red lines and suggested possible sanctions relief, while Iran said no action would be taken before U.S. moves. The conflict has entered its fourth month, with soaring gasoline prices amplifying economic worries.