Israeli hospital hit in devastating Iranian missile strike

Israel's Defence Minister says Iran's Supreme Leader can not continue to exist after a barrage of Iranian missiles damaged a hospital in southern Israel.
Israel says Soroka Hospital in Beersheba was hit, leaving two people seriously injured and 40 others wounded.
Iran's Foreign Minister claims there were military targets close to the facility.
Meanwhile, the IDF has attacked Arak heavy water reactor, targeting its core.
The International Atomic Energy Agency says the reactor does not contain any nuclear material as it is under construction.

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The Advertiser

36 minutes ago

• The Advertiser

Oil set to rise again amid Israel-Iran conflict

Oil prices were on track to rise for the third straight week, with investors on edge as the week-old war between Israel and Iran showed no signs of either side backing down. Brent crude futures fell $1.57 cents, or 2 per cent, to $77.28 a barrel. On a weekly basis, it was up 3.9 per cent. The US West Texas Intermediate crude for July - which did not settle on Thursday as it was a US holiday and expires on Friday - was up 86 cents, or 1.1 per cent, to $76. The more liquid WTI for August rose 0.7 per cent, or 50 cents to $74. Prices jumped almost 3 per cent on Thursday as Israel bombed nuclear targets in Iran, and Iran fired missiles and drones at Israel after hitting an Israeli hospital overnight. "Oil prices remain high due to doubled tanker rates and ships avoiding the Strait of Hormuz," said Phil Flynn, analyst at The Price Futures Group. "The risk to supply is keeping them on edge while there have been no major disruptions of Iranian exports," Flynn said. Iran is the third-largest producer among members of the Organisation of the Petroleum Exporting Countries, extracting about 3.3 million barrels per day (bpd)of crude oil. About 18 million to 21 million bpd of oil and oil products move through the Strait of Hormuz along Iran's southern coast, and there is widespread concern the fighting could disrupt trade flows in a blow to supplies. There was no sign of an exit strategy from either side, as Israeli Prime Minister Benjamin Netanyahu said Tehran's "tyrants" would pay the "full price" and Iran warned against a "third party" joining the attacks. The White House said on Thursday that President Donald Trump will decide whether the US will get involved in the Israel-Iran conflict in the next two weeks. "The "two-week deadline" is a tactic Trump has used in other key decisions. Often these deadlines expire without concrete action,.. which would see the crude oil price remain elevated and potentially build on recent gains," said Tony Sycamore, analyst at IG. Oil prices were on track to rise for the third straight week, with investors on edge as the week-old war between Israel and Iran showed no signs of either side backing down. Brent crude futures fell $1.57 cents, or 2 per cent, to $77.28 a barrel. On a weekly basis, it was up 3.9 per cent. The US West Texas Intermediate crude for July - which did not settle on Thursday as it was a US holiday and expires on Friday - was up 86 cents, or 1.1 per cent, to $76. The more liquid WTI for August rose 0.7 per cent, or 50 cents to $74. Prices jumped almost 3 per cent on Thursday as Israel bombed nuclear targets in Iran, and Iran fired missiles and drones at Israel after hitting an Israeli hospital overnight. "Oil prices remain high due to doubled tanker rates and ships avoiding the Strait of Hormuz," said Phil Flynn, analyst at The Price Futures Group. "The risk to supply is keeping them on edge while there have been no major disruptions of Iranian exports," Flynn said. Iran is the third-largest producer among members of the Organisation of the Petroleum Exporting Countries, extracting about 3.3 million barrels per day (bpd)of crude oil. About 18 million to 21 million bpd of oil and oil products move through the Strait of Hormuz along Iran's southern coast, and there is widespread concern the fighting could disrupt trade flows in a blow to supplies. There was no sign of an exit strategy from either side, as Israeli Prime Minister Benjamin Netanyahu said Tehran's "tyrants" would pay the "full price" and Iran warned against a "third party" joining the attacks. The White House said on Thursday that President Donald Trump will decide whether the US will get involved in the Israel-Iran conflict in the next two weeks. "The "two-week deadline" is a tactic Trump has used in other key decisions. Often these deadlines expire without concrete action,.. which would see the crude oil price remain elevated and potentially build on recent gains," said Tony Sycamore, analyst at IG. Oil prices were on track to rise for the third straight week, with investors on edge as the week-old war between Israel and Iran showed no signs of either side backing down. Brent crude futures fell $1.57 cents, or 2 per cent, to $77.28 a barrel. On a weekly basis, it was up 3.9 per cent. The US West Texas Intermediate crude for July - which did not settle on Thursday as it was a US holiday and expires on Friday - was up 86 cents, or 1.1 per cent, to $76. The more liquid WTI for August rose 0.7 per cent, or 50 cents to $74. Prices jumped almost 3 per cent on Thursday as Israel bombed nuclear targets in Iran, and Iran fired missiles and drones at Israel after hitting an Israeli hospital overnight. "Oil prices remain high due to doubled tanker rates and ships avoiding the Strait of Hormuz," said Phil Flynn, analyst at The Price Futures Group. "The risk to supply is keeping them on edge while there have been no major disruptions of Iranian exports," Flynn said. Iran is the third-largest producer among members of the Organisation of the Petroleum Exporting Countries, extracting about 3.3 million barrels per day (bpd)of crude oil. About 18 million to 21 million bpd of oil and oil products move through the Strait of Hormuz along Iran's southern coast, and there is widespread concern the fighting could disrupt trade flows in a blow to supplies. There was no sign of an exit strategy from either side, as Israeli Prime Minister Benjamin Netanyahu said Tehran's "tyrants" would pay the "full price" and Iran warned against a "third party" joining the attacks. The White House said on Thursday that President Donald Trump will decide whether the US will get involved in the Israel-Iran conflict in the next two weeks. "The "two-week deadline" is a tactic Trump has used in other key decisions. Often these deadlines expire without concrete action,.. which would see the crude oil price remain elevated and potentially build on recent gains," said Tony Sycamore, analyst at IG. Oil prices were on track to rise for the third straight week, with investors on edge as the week-old war between Israel and Iran showed no signs of either side backing down. Brent crude futures fell $1.57 cents, or 2 per cent, to $77.28 a barrel. On a weekly basis, it was up 3.9 per cent. The US West Texas Intermediate crude for July - which did not settle on Thursday as it was a US holiday and expires on Friday - was up 86 cents, or 1.1 per cent, to $76. The more liquid WTI for August rose 0.7 per cent, or 50 cents to $74. Prices jumped almost 3 per cent on Thursday as Israel bombed nuclear targets in Iran, and Iran fired missiles and drones at Israel after hitting an Israeli hospital overnight. "Oil prices remain high due to doubled tanker rates and ships avoiding the Strait of Hormuz," said Phil Flynn, analyst at The Price Futures Group. "The risk to supply is keeping them on edge while there have been no major disruptions of Iranian exports," Flynn said. Iran is the third-largest producer among members of the Organisation of the Petroleum Exporting Countries, extracting about 3.3 million barrels per day (bpd)of crude oil. About 18 million to 21 million bpd of oil and oil products move through the Strait of Hormuz along Iran's southern coast, and there is widespread concern the fighting could disrupt trade flows in a blow to supplies. There was no sign of an exit strategy from either side, as Israeli Prime Minister Benjamin Netanyahu said Tehran's "tyrants" would pay the "full price" and Iran warned against a "third party" joining the attacks. The White House said on Thursday that President Donald Trump will decide whether the US will get involved in the Israel-Iran conflict in the next two weeks. "The "two-week deadline" is a tactic Trump has used in other key decisions. Often these deadlines expire without concrete action,.. which would see the crude oil price remain elevated and potentially build on recent gains," said Tony Sycamore, analyst at IG.

Sydney Morning Herald

2 hours ago

• Sydney Morning Herald

Australian embassy to Iran evacuated as security deteriorates

Australian embassy staff in Tehran have been evacuated via road from the Iranian capital as the country's war with Israel escalates in a move that will make it harder to get other Australians out. Foreign Minister Penny Wong on Friday said she had received advice that Iran's security environment was deteriorating, which prompted the evacuation of staff. 'Australia's ambassador to Iran will remain in the region to support the Australian government's response to this crisis,' Wong's statement said. 'The Department of Foreign Affairs and Trade is deploying consular staff to Azerbaijan, including its border crossings, to support Australians departing Iran,' Wong said. The closure of the embassy and the swift evacuation of staff risks further criticism being directed at DFAT as thousands of Australians register for help out of Iran or Israel. Loading Wong's statement urged people to leave Iran if it was safe to do so. Those unable to leave were advised to shelter in place. 'At this stage, our ability to provide consular services is extremely limited due to the situation on the ground. The airspace remains closed,' the statement said. Families have become frustrated with DFAT as some accused the government response of being 'delinquent' as almost 3000 Australians have registered to be evacuated out of Israel and Iran. Some Australians have resorted to chartering ferries and private armoured cars to flee Israel while many in Iran struggle to make contact, let alone evacuate, because of limited internet access.

The Age

2 hours ago

• The Age

Australian embassy to Iran evacuated as security deteriorates

Australian embassy staff in Tehran have been evacuated via road from the Iranian capital as the country's war with Israel escalates in a move that will make it harder to get other Australians out. Foreign Minister Penny Wong on Friday said she had received advice that Iran's security environment was deteriorating, which prompted the evacuation of staff. 'Australia's ambassador to Iran will remain in the region to support the Australian government's response to this crisis,' Wong's statement said. 'The Department of Foreign Affairs and Trade is deploying consular staff to Azerbaijan, including its border crossings, to support Australians departing Iran,' Wong said. The closure of the embassy and the swift evacuation of staff risks further criticism being directed at DFAT as thousands of Australians register for help out of Iran or Israel. Loading Wong's statement urged people to leave Iran if it was safe to do so. Those unable to leave were advised to shelter in place. 'At this stage, our ability to provide consular services is extremely limited due to the situation on the ground. The airspace remains closed,' the statement said. Families have become frustrated with DFAT as some accused the government response of being 'delinquent' as almost 3000 Australians have registered to be evacuated out of Israel and Iran. Some Australians have resorted to chartering ferries and private armoured cars to flee Israel while many in Iran struggle to make contact, let alone evacuate, because of limited internet access.