ERBIL, Kurdistan Region of Iraq - US President Donald Trump on Monday said the US will respond to an overnight Iranian attack on American forces in the region, telling Fox News: “We’re going to hit them hard.”

On Sunday, the US struck two missile launchers belonging to Iran’s Islamic Revolutionary Guard Corps (IRGC) on Larak Island which it said were readying to launch mine-laden missiles toward the Strait of Hormuz.

As retaliation for the Larak Island strikes, the IRGC said on Monday that it had targeted two US bases in Jordan, Malik Hussein and al-Azraq.

The IRGC also claimed to have targeted the United Arab Emirates’ Al Minhad Air Base with “dozens of drones.”

“We're going to hit them hard,” Trump told Fox News’ chief foreign correspondent Trey Yingst, adding that “there will be a response” to the Iranian attacks.

Yingst cited Trump as saying all of the Iranian missiles headed toward Jordan were intercepted except for one, which US forces identified as not hitting anything significant, allowing it to pass through the airspace.

The US Treasury last week announced a new economic campaign designed to crack down on third parties facilitating Iran's shadow economy, threatening severe consequences for heads of state that trade with Tehran.

In response to a question from reporters about the Iranian strikes on Jordan on Monday, Treasury Secretary Scott Bessent said: “I would say they [Iran] are lashing out kinetically, because they’re losing economically.”

In a Truth Social post earlier, Trump said “Iran is officially a Failed Nation. IT IS DEAD!” adding: “They have no Navy, they have no Air Force, they have no currency, they are not paying their soldiers or police, Inflation is at 300%, and their leadership is in total disarray and incapable of properly representing the country.”

The resumption of tit-for-tat strikes between the two sides comes after Iran and Oman last week discussed a “phased” framework that could provide a “practical and workable basis” for restoring navigation in the Strait of Hormuz, during the Omani foreign minister’s visit to Tehran.

A short-lived memorandum of understanding between the US and Iran in June temporarily saw transit increase in the Strait of Hormuz, while its ultimate collapse saw US forces return to enforcing a naval embargo on Iranian ports that has seen 75 commercial vessels redirected, three disabled, and two boarded to ensure compliance.