A projectile struck near Urmia, the capital of Iran’s West Azerbaijan Province, early Tuesday. Iranian state media described it as an “enemy projectile,” the same language Tehran has consistently used throughout 2026 to describe strikes attributed to US or Israeli forces targeting Iranian military infrastructure.

A year of escalations and liquidations

The Urmia strike fits into a pattern that has defined 2026 for both Middle Eastern geopolitics and crypto market behavior. Strikes were previously reported in the same West Azerbaijan Province on March 1 and March 3, targeting facilities linked to the Islamic Revolutionary Guard Corps.

But the most dramatic market impact came in July 2026. Projectile reports in…