A missile slammed into a street in central Tel Aviv as Iran kept up its barrages targeting Israel and Gulf Arab states on Tuesday, even as U.S. President Donald Trump said the United States was in talks with the Islamic Republic to end the war.
Iran’s Islamic Revolutionary Guard Corps (IRGC) has claimed it successfully targeted a US F-35 fighter jet with anti-aircraft fire and has circulated video purportedly showing the plane sustaining a hit.
The United States on Thursday announced the approval of $16.46 billion in military sales to the United Arab Emirates and Kuwait, two Gulf states that have been hit hard by fallout from the Iran war.
Israeli Prime Minister Benjamin Netanyahu said Thursday that Iran is being "decimated" and it is unclear who is in charge, as Tehran sent jitters through global markets by turning its sights on Gulf oil and gas facilities.
Following missile attacks targeting Riyadh, the kingdom signaled it may resort to military action if Iran does not halt its aggression, marking a dangerous new phase in the escalating regional conflict.
Iranian lawmakers have proposed a plan to impose tolls and taxes on ships passing through the strategic Strait of Hormuz, local media reported on Thursday.
Oil prices soared 10 percent Thursday after Qatar reported "extensive" damage to the world's largest liquefied natural gas (LNG) facility following Iranian strikes, sparking fears for global energy supplies.
Iran missile barrage hits Qatar’s Ras Laffan Industrial City, disrupts global gas supply. The escalation follows Israeli strikes on Iran’s South Pars field, intensifying a conflict that now threatens global energy supplies and risks triggering a prolonged economic shock.
President Donald Trump issued a stark warning, threatening overwhelming retaliation if Iran escalates further. With energy infrastructure under fire and the Strait of Hormuz at risk, global oil and gas markets are facing unprecedented disruption.
