Tag Archives: Iran

Stocks rally and oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran

Stocks rally and oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran

NEW YORK (AP) — Oil prices are flip-flopping, and the U.S. stock market is drifting higher following the United States’ bunker-busting entry into Israel’s war with Iran. Oil jumped as much as 4% shortly after trading began on Sunday night, but it quickly pared all of the gain by Monday morning. The S&P 500 rose 0.4%, the Dow Jones Industrial Average added 156 points and the Nasdaq composite rose 0.3%. Markets calmed amid hopes that Iran will not retaliate in a way that disrupts the global flow of crude, which would hurt economies worldwide but also its own. Treasury yields eased in the bond market.… Continue Reading

Iran launches missile attacks on US bases in Qatar and Iraq

Iran launches missile attacks on US bases in Qatar and Iraq

DUBAI, United Arab Emirates (AP) — Iran said its missile attack on Al Udeid Air Base in Qatar matched the number of bombs dropped by the United States on its nuclear sites this weekend, signaling Iran’s likely desire to de-escalate. Iran made the announcement Monday night in a statement from its Supreme National Security Council after the attack, which Qatar said caused no injuries. Iran also said it targeted the base because it was outside of populated areas.… Continue Reading

Israel targets Iran’s government and a key Tehran prison as Iran launches more attacks on Israel

Israel targets Iran’s government and a key Tehran prison as Iran launches more attacks on Israel

DUBAI, United Arab Emirates (AP) — Israel says it hit Iranian government targets in Tehran in a series of strikes that followed a salvo of missiles and drones fired by Iran at Israel earlier in the day in the wake of the Trump administration’s massive strikes on Iranian nuclear sites over the weekend. Israel’s Defense Ministry said it hit targets in Tehran, including the notorious Evin Prison and the security headquarters of the paramilitary Revolutionary Guards. The Israeli military also confirmed it hit roads around Iran’s Fordo enrichment facility to obstruct access to the site on Monday. The underground site was one of those hit in Sunday’s attack by the U.S. The Israeli military did not elaborate.… Continue Reading

What to know about the conflict between Israel and Iran, and the US intervention

What to know about the conflict between Israel and Iran, and the US intervention

ATHENS, Greece (AP) — The United States has inserted itself into Israel’s war against Iran, bombing three of the Islamic Republic’s nuclear sites overnight. U.S. President Donald Trump asserted Iran’s key nuclear sites were “completely and fully obliterated,” and warned there would be additional strikes if Iran retaliates. The U.S. attacks came after a week of open conflict between Israel and Iran, sparked by Israel’s sudden barrage of attacks against Iran’s nuclear and military structure. Iran insists its nuclear program is only for peaceful purposes. Israel views Iran’s nuclear program as an existential threat and has said its military campaign is necessary to prevent Iran from building an atomic weapon.… Continue Reading

Israel strikes state-run Iranian TV during live broadcast after Iranian missiles kill 8 in Israel

Israel strikes state-run Iranian TV during live broadcast after Iranian missiles kill 8 in Israel

TEL AVIV, Israel (AP) — Israel struck Iran’s state-run television station during a live broadcast, forcing a reporter to run off camera following an explosion, after Iran fired a new wave of missiles at Israel that killed at least eight people. Israel warned hundreds of thousands of people in the middle of Tehran to evacuate Monday ahead of the strike against the TV station, which the military said provided a cover for Iranian military operations. The warning came on the fourth day of the conflict, when the Israeli military claimed it had achieved air superiority above the Iranian capital and could fly over the city without facing major threats. The warning affected up to 330,000 people.… Continue Reading

Israel attacks Iran’s nuclear sites and its top military leaders. Iran retaliates with drones

Israel attacks Iran’s nuclear sites and its top military leaders. Iran retaliates with drones

DUBAI, United Arab Emirates (AP) — Israel has attacked Iran’s capital in strikes that targeted the country’s nuclear program and raised the potential for an all-out war between the two bitter Middle East adversaries. It appeared to be the most significant attack Iran has faced since its 1980s war with Iraq. Multiple sites around the country were hit, including Iran’s main nuclear enrichment facility, where black smoke could be seen rising into the air. The leader of Iran’s paramilitary Revolutionary Guard, Gen. Hossein Salami and chief of staff of Iranian armed forces, Gen. Mohammad Bagheri, were also confirmed dead. Israeli security officials say the Mossad spy agency smuggled weapons into Iran ahead of the strikes.… Continue Reading

A massive explosion at an Iranian port linked to missile fuel shipment kills 18, injures some 800

A massive explosion at an Iranian port linked to missile fuel shipment kills 18, injures some 800

MUSCAT, Oman (AP) — A massive explosion and fire has rocked a port in southern Iran purportedly linked to a shipment of a chemical ingredient used to make missile propellant. State media said the blast killed 18 people and injuring around 800 others. Helicopters and aircraft dumped water from the air on the raging fire through the night into Sunday morning at the Shahid Rajaei port. The explosion occurred just as Iran and the United States met Saturday in Oman for the third round of negotiations over Tehran’s rapidly advancing nuclear program.… Continue Reading

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