Israel and Iran trade strikes as tensions escalate in the Gulf
Israel has launched new attacks on Iran, prompting threats of retaliation against key infrastructure in the Middle East. Explosions were reported in Tehran, while Saudi Arabia and the UAE intercepted missiles and drones. The ongoing conflict has severely damaged energy assets and disrupted oil flows, sending prices soaring. Donald Trump and Benjamin Netanyahu have issued strong warnings, as the crisis deepens across the region.
What we know
- Israel carried out fresh strikes on Iran, with explosions reported in Tehran by Iranian media.
- Saudi Arabia and the United Arab Emirates intercepted missiles and drones amid the conflict.
- The International Energy Agency's chief, Fatih Birol, stated that at least 40 energy assets have been severely damaged.
- Iran has responded by launching missiles and drones at Israel and across the Gulf, also restricting traffic in the Strait of Hormuz.
- Oil prices have surged above $100 per barrel, and the conflict has led to significant disruptions in global energy supplies.
