Iran And The U.S. Continue Fighting. Tehran Is Now Reportedly Set To Get More Weapons From China

Iran is set to receive hundreds of Chinese-made shoulder fired missile launchers as hostilities with the U.S. continue, according to a new report.

Reuters detailed that Tehran will get up to 400 such weapons within weeks following a purchase valued at up to $70 million. They can be transported quickly and are more flexible than fixed-air defense batteries. They can be used to target low-flying aircraft, helicopters and drones.

Citing sources familiar with the matter, the outlet went on to note that Iran needs to rearm after months of war. Israel and the U.S. have hit numerous weapons-production facilities, potentially leading the country to source weapons from other countries.

The deliveries could come during renewed fighting. President Donald Trump on Wednesday anticipated a forceful response against Iran for attempted strikes against U.S. assets in Jordan.

Speaking to Fox News, Trump said "we're going to beat the f---ing s--t out of them." "We'll be hitting them hard. They're going to get a beating," the president added.

Trump went on to say that U.S. forces had few minutes to respond to the attack but managed to shoot down all incoming missiles.

The U.S. Central Command said in a statement that the "Islamic Revolutionary Guard Corps forces launched multiple ballistic missiles from Iran in an attempted surprise attack on U.S. forces based in the Middle East."

It went on to claim that "all Iranian missiles were successfully intercepted. U.S. forces remain vigilant and at a high state of readiness."

The U.S. later said it fired on Iran-backed militias in Iraq along with Saudi Arabia in retaliation for strikes against Riyadh over the past days. Groups said at least 20 fighters have been killed.

Oil is jumping after the development. Brent crude, the international benchmark, climbed almost 6% and stood just below $87 per barrel at 9:02 a.m. ET, while West Texas Intermediate, the U.S. benchmark, climbed 6.55% and clocked in at $84.45 at the same time.