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Israel hits nuclear sites, Iran strikes hospital

Israel hits nuclear sites, Iran strikes hospital

The Advertiser2 days ago

Israel has bombed nuclear targets in Iran and Iranian missiles hit an Israeli hospital overnight, as the week-old air war escalated with no sign yet of an off-ramp.
Following the strike that damaged the Soroka medical centre in Israel's southern city of Beersheba, Prime Minister Benjamin Netanyahu said Tehran's "tyrants" would pay the "full price".
Defence Minister Israel Katz said the military had been instructed to intensify strikes on strategic-related targets in Tehran in order to eliminate the threat to Israel and destabilise the "Ayatollah regime".
Israel's sweeping campaign of air strikes aims to do more than destroy Iran's nuclear centrifuges and missile capabilities. It seeks to shatter the foundations of Supreme Leader Ali Khamenei's government and leave it near collapse, Israeli, Western and regional officials said on Thursday.
Netanyahu wants Iran weakened enough to be forced into fundamental concessions on permanently abandoning its nuclear enrichment, its ballistic missile program and its support for militant groups across the region, the sources said.
Israeli Foreign Minister Gideon Saar, speaking to reporters outside the damaged hospital, said "regime change" in Tehran was not a goal the security cabinet had set "for the time being".
US President Donald Trump, meanwhile, has kept the world guessing about whether Israel's superpower ally would join it in air strikes.
Israel said it had struck Iran's Natanz and Isfahan nuclear sites.
Trump has veered from proposing a swift diplomatic end to the war to suggesting the United States might join it. On Wednesday, he said nobody knew what he would do. A day earlier he mused on social media about killing Iran's Supreme Leader Ali Khamenei, then demanded Iran's unconditional surrender.
A week of Israeli air and missile strikes against its major rival has wiped out the top echelon of Iran's military command, damaged its nuclear capabilities and killed hundreds of people, while Iranian retaliatory strikes have killed at least two dozen civilians in Israel.
Iran has been weighing its options in responding to its biggest security challenge since the 1979 revolution. A member of the Iranian Parliament's National Security Committee Presidium, Behnam Saeedi, told the semi-official Mehr news agency Iran could consider closing the Strait of Hormuz, through which 20 per cent of daily global oil consumption passes.
Oil prices rose after Israel and Iran continued to exchange missile attacks overnight and Trump's stance on the conflict kept investors on edge.
Countries around the world are taking measures to evacuate their citizens from Israel and Iran and airspace in the region remains closed.
Earlier, the Israeli military said it targeted the Khondab nuclear site near Iran's central city Arak overnight, including a partially-built heavy-water research reactor. Heavy-water reactors produce plutonium, which, like enriched uranium, can be used to make the core of an atom bomb. Iran's atomic energy agency said the attack caused no casualties.
The Israeli military also said it attacked launch sites in western Iran after attempts to restore them were detected.
Israel, which has the most advanced military in the Middle East, has been fighting on several fronts since the October 7, 2023 attack on southern Israel by the Palestinian militant group Hamas triggered the Gaza war. It has severely weakened Iran's regional allies, Hamas in Gaza and Lebanon's Hezbollah, and bombed Yemen's Houthis.
The extent of the damage inside Iran from the week-old bombing campaign has become more difficult to assess in recent days, with the authorities apparently seeking to prevent panic by limiting information.
Iran has stopped giving updates on the death toll, and state media have ceased showing widespread images of destruction. The internet has been almost completely shut down, and the public has been banned from filming.
Israel has issued evacuation orders for whole sections of Tehran, a city of 10 million. Thousands of residents have fled, jamming the highways out.
Inside Israel, the missile strikes over the past week are the first time a significant number of projectiles from Iran have pierced defences and killed Israelis in their homes.
Netanyahu said he had issued instructions that "no one is immune" from Israeli attacks.
Israel has bombed nuclear targets in Iran and Iranian missiles hit an Israeli hospital overnight, as the week-old air war escalated with no sign yet of an off-ramp.
Following the strike that damaged the Soroka medical centre in Israel's southern city of Beersheba, Prime Minister Benjamin Netanyahu said Tehran's "tyrants" would pay the "full price".
Defence Minister Israel Katz said the military had been instructed to intensify strikes on strategic-related targets in Tehran in order to eliminate the threat to Israel and destabilise the "Ayatollah regime".
Israel's sweeping campaign of air strikes aims to do more than destroy Iran's nuclear centrifuges and missile capabilities. It seeks to shatter the foundations of Supreme Leader Ali Khamenei's government and leave it near collapse, Israeli, Western and regional officials said on Thursday.
Netanyahu wants Iran weakened enough to be forced into fundamental concessions on permanently abandoning its nuclear enrichment, its ballistic missile program and its support for militant groups across the region, the sources said.
Israeli Foreign Minister Gideon Saar, speaking to reporters outside the damaged hospital, said "regime change" in Tehran was not a goal the security cabinet had set "for the time being".
US President Donald Trump, meanwhile, has kept the world guessing about whether Israel's superpower ally would join it in air strikes.
Israel said it had struck Iran's Natanz and Isfahan nuclear sites.
Trump has veered from proposing a swift diplomatic end to the war to suggesting the United States might join it. On Wednesday, he said nobody knew what he would do. A day earlier he mused on social media about killing Iran's Supreme Leader Ali Khamenei, then demanded Iran's unconditional surrender.
A week of Israeli air and missile strikes against its major rival has wiped out the top echelon of Iran's military command, damaged its nuclear capabilities and killed hundreds of people, while Iranian retaliatory strikes have killed at least two dozen civilians in Israel.
Iran has been weighing its options in responding to its biggest security challenge since the 1979 revolution. A member of the Iranian Parliament's National Security Committee Presidium, Behnam Saeedi, told the semi-official Mehr news agency Iran could consider closing the Strait of Hormuz, through which 20 per cent of daily global oil consumption passes.
Oil prices rose after Israel and Iran continued to exchange missile attacks overnight and Trump's stance on the conflict kept investors on edge.
Countries around the world are taking measures to evacuate their citizens from Israel and Iran and airspace in the region remains closed.
Earlier, the Israeli military said it targeted the Khondab nuclear site near Iran's central city Arak overnight, including a partially-built heavy-water research reactor. Heavy-water reactors produce plutonium, which, like enriched uranium, can be used to make the core of an atom bomb. Iran's atomic energy agency said the attack caused no casualties.
The Israeli military also said it attacked launch sites in western Iran after attempts to restore them were detected.
Israel, which has the most advanced military in the Middle East, has been fighting on several fronts since the October 7, 2023 attack on southern Israel by the Palestinian militant group Hamas triggered the Gaza war. It has severely weakened Iran's regional allies, Hamas in Gaza and Lebanon's Hezbollah, and bombed Yemen's Houthis.
The extent of the damage inside Iran from the week-old bombing campaign has become more difficult to assess in recent days, with the authorities apparently seeking to prevent panic by limiting information.
Iran has stopped giving updates on the death toll, and state media have ceased showing widespread images of destruction. The internet has been almost completely shut down, and the public has been banned from filming.
Israel has issued evacuation orders for whole sections of Tehran, a city of 10 million. Thousands of residents have fled, jamming the highways out.
Inside Israel, the missile strikes over the past week are the first time a significant number of projectiles from Iran have pierced defences and killed Israelis in their homes.
Netanyahu said he had issued instructions that "no one is immune" from Israeli attacks.
Israel has bombed nuclear targets in Iran and Iranian missiles hit an Israeli hospital overnight, as the week-old air war escalated with no sign yet of an off-ramp.
Following the strike that damaged the Soroka medical centre in Israel's southern city of Beersheba, Prime Minister Benjamin Netanyahu said Tehran's "tyrants" would pay the "full price".
Defence Minister Israel Katz said the military had been instructed to intensify strikes on strategic-related targets in Tehran in order to eliminate the threat to Israel and destabilise the "Ayatollah regime".
Israel's sweeping campaign of air strikes aims to do more than destroy Iran's nuclear centrifuges and missile capabilities. It seeks to shatter the foundations of Supreme Leader Ali Khamenei's government and leave it near collapse, Israeli, Western and regional officials said on Thursday.
Netanyahu wants Iran weakened enough to be forced into fundamental concessions on permanently abandoning its nuclear enrichment, its ballistic missile program and its support for militant groups across the region, the sources said.
Israeli Foreign Minister Gideon Saar, speaking to reporters outside the damaged hospital, said "regime change" in Tehran was not a goal the security cabinet had set "for the time being".
US President Donald Trump, meanwhile, has kept the world guessing about whether Israel's superpower ally would join it in air strikes.
Israel said it had struck Iran's Natanz and Isfahan nuclear sites.
Trump has veered from proposing a swift diplomatic end to the war to suggesting the United States might join it. On Wednesday, he said nobody knew what he would do. A day earlier he mused on social media about killing Iran's Supreme Leader Ali Khamenei, then demanded Iran's unconditional surrender.
A week of Israeli air and missile strikes against its major rival has wiped out the top echelon of Iran's military command, damaged its nuclear capabilities and killed hundreds of people, while Iranian retaliatory strikes have killed at least two dozen civilians in Israel.
Iran has been weighing its options in responding to its biggest security challenge since the 1979 revolution. A member of the Iranian Parliament's National Security Committee Presidium, Behnam Saeedi, told the semi-official Mehr news agency Iran could consider closing the Strait of Hormuz, through which 20 per cent of daily global oil consumption passes.
Oil prices rose after Israel and Iran continued to exchange missile attacks overnight and Trump's stance on the conflict kept investors on edge.
Countries around the world are taking measures to evacuate their citizens from Israel and Iran and airspace in the region remains closed.
Earlier, the Israeli military said it targeted the Khondab nuclear site near Iran's central city Arak overnight, including a partially-built heavy-water research reactor. Heavy-water reactors produce plutonium, which, like enriched uranium, can be used to make the core of an atom bomb. Iran's atomic energy agency said the attack caused no casualties.
The Israeli military also said it attacked launch sites in western Iran after attempts to restore them were detected.
Israel, which has the most advanced military in the Middle East, has been fighting on several fronts since the October 7, 2023 attack on southern Israel by the Palestinian militant group Hamas triggered the Gaza war. It has severely weakened Iran's regional allies, Hamas in Gaza and Lebanon's Hezbollah, and bombed Yemen's Houthis.
The extent of the damage inside Iran from the week-old bombing campaign has become more difficult to assess in recent days, with the authorities apparently seeking to prevent panic by limiting information.
Iran has stopped giving updates on the death toll, and state media have ceased showing widespread images of destruction. The internet has been almost completely shut down, and the public has been banned from filming.
Israel has issued evacuation orders for whole sections of Tehran, a city of 10 million. Thousands of residents have fled, jamming the highways out.
Inside Israel, the missile strikes over the past week are the first time a significant number of projectiles from Iran have pierced defences and killed Israelis in their homes.
Netanyahu said he had issued instructions that "no one is immune" from Israeli attacks.
Israel has bombed nuclear targets in Iran and Iranian missiles hit an Israeli hospital overnight, as the week-old air war escalated with no sign yet of an off-ramp.
Following the strike that damaged the Soroka medical centre in Israel's southern city of Beersheba, Prime Minister Benjamin Netanyahu said Tehran's "tyrants" would pay the "full price".
Defence Minister Israel Katz said the military had been instructed to intensify strikes on strategic-related targets in Tehran in order to eliminate the threat to Israel and destabilise the "Ayatollah regime".
Israel's sweeping campaign of air strikes aims to do more than destroy Iran's nuclear centrifuges and missile capabilities. It seeks to shatter the foundations of Supreme Leader Ali Khamenei's government and leave it near collapse, Israeli, Western and regional officials said on Thursday.
Netanyahu wants Iran weakened enough to be forced into fundamental concessions on permanently abandoning its nuclear enrichment, its ballistic missile program and its support for militant groups across the region, the sources said.
Israeli Foreign Minister Gideon Saar, speaking to reporters outside the damaged hospital, said "regime change" in Tehran was not a goal the security cabinet had set "for the time being".
US President Donald Trump, meanwhile, has kept the world guessing about whether Israel's superpower ally would join it in air strikes.
Israel said it had struck Iran's Natanz and Isfahan nuclear sites.
Trump has veered from proposing a swift diplomatic end to the war to suggesting the United States might join it. On Wednesday, he said nobody knew what he would do. A day earlier he mused on social media about killing Iran's Supreme Leader Ali Khamenei, then demanded Iran's unconditional surrender.
A week of Israeli air and missile strikes against its major rival has wiped out the top echelon of Iran's military command, damaged its nuclear capabilities and killed hundreds of people, while Iranian retaliatory strikes have killed at least two dozen civilians in Israel.
Iran has been weighing its options in responding to its biggest security challenge since the 1979 revolution. A member of the Iranian Parliament's National Security Committee Presidium, Behnam Saeedi, told the semi-official Mehr news agency Iran could consider closing the Strait of Hormuz, through which 20 per cent of daily global oil consumption passes.
Oil prices rose after Israel and Iran continued to exchange missile attacks overnight and Trump's stance on the conflict kept investors on edge.
Countries around the world are taking measures to evacuate their citizens from Israel and Iran and airspace in the region remains closed.
Earlier, the Israeli military said it targeted the Khondab nuclear site near Iran's central city Arak overnight, including a partially-built heavy-water research reactor. Heavy-water reactors produce plutonium, which, like enriched uranium, can be used to make the core of an atom bomb. Iran's atomic energy agency said the attack caused no casualties.
The Israeli military also said it attacked launch sites in western Iran after attempts to restore them were detected.
Israel, which has the most advanced military in the Middle East, has been fighting on several fronts since the October 7, 2023 attack on southern Israel by the Palestinian militant group Hamas triggered the Gaza war. It has severely weakened Iran's regional allies, Hamas in Gaza and Lebanon's Hezbollah, and bombed Yemen's Houthis.
The extent of the damage inside Iran from the week-old bombing campaign has become more difficult to assess in recent days, with the authorities apparently seeking to prevent panic by limiting information.
Iran has stopped giving updates on the death toll, and state media have ceased showing widespread images of destruction. The internet has been almost completely shut down, and the public has been banned from filming.
Israel has issued evacuation orders for whole sections of Tehran, a city of 10 million. Thousands of residents have fled, jamming the highways out.
Inside Israel, the missile strikes over the past week are the first time a significant number of projectiles from Iran have pierced defences and killed Israelis in their homes.
Netanyahu said he had issued instructions that "no one is immune" from Israeli attacks.

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Investors brace for oil price spike after Iran attack
Investors brace for oil price spike after Iran attack

West Australian

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Investors brace for oil price spike after Iran attack

The US attack on Iranian nuclear sites could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to safety, investors say as they assess how the latest escalation of tensions will ripple through the global economy. The attack, announced by President Donald Trump on social media site Truth Social, deepens US involvement in the Middle East conflict. That was the question going into the weekend, when investors were mulling a host of different market scenarios. In the immediate aftermath of the announcement, they expected the US involvement was likely to cause a sell-off in equities and a possible bid for the dollar and other safe-haven assets when trading began, but also said much uncertainty about the course of the conflict remained. "I think the markets are going to be initially alarmed, and I think oil will open higher," said Mark Spindel, chief investment officer at Potomac River Capital. "We don't have any damage assessment and that will take some time. "Even though he has described this as 'done', we're engaged. What comes next?" Spindel said. "I think the uncertainty is going to blanket the markets, as now Americans everywhere are going to be exposed. It's going to raise uncertainty and volatility, particularly in oil." Spindel, however, said there was time to digest the news before markets opened. A key concern for markets would centre around the potential impact of the developments in the Middle East on oil prices and thus on inflation. A rise in inflation could dampen consumer confidence and lessen the chance of near-term US interest rate cuts. "This adds a complicated new layer of risk that we'll have to consider and pay attention to," said Jack Ablin, chief investment officer of Cresset Capital. "This is definitely going to have an impact on energy prices and potentially on inflation as well." While global benchmark Brent crude futures have risen as much as 18 per cent since June 10, hitting an almost five-month high of $US79.04 ($A121.82) on Thursday, the S&P 500 has been little changed, following an initial drop when Israel launched its attacks on Iran on June 13. Before the US attack on Saturday, analysts at Oxford Economics modelled three scenarios, including a de-escalation of the conflict, a complete shutdown in Iranian oil production and a closure of the Strait of Hormuz, "each with increasingly large impacts on global oil prices". In the most severe case, global oil prices jump to about $US130 ($A200) per barrel, driving US inflation close to six per cent by the end of 2025, Oxford said in the note. "Although the price shock inevitably dampens consumer spending because of the hit to real incomes, the scale of the rise in inflation and concerns about the potential for second-round inflation effects likely ruin any chance of rate cuts in the US this year," Oxford said in the note, published before the US strikes. Economists warn a dramatic rise in oil prices could damage a global economy already strained by Trump's tariffs. An escalation in the conflict could have mixed implications for the US dollar, which has tumbled amid worries over diminished US exceptionalism. In the event of US direct engagement in the Iran-Israel war, the dollar could initially benefit from a safety bid, analysts said. "Do we see a flight to safety? That would signal yields going lower and the dollar getting stronger," said Steve Sosnick, chief market strategist at IBKR in Greenwich, Connecticut. "It's hard to imagine stocks not reacting negatively and the question is how much. It will depend on Iranian reaction and whether oil prices spike."

Investors brace for oil price spike after Iran attack
Investors brace for oil price spike after Iran attack

Perth Now

time40 minutes ago

  • Perth Now

Investors brace for oil price spike after Iran attack

The US attack on Iranian nuclear sites could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to safety, investors say as they assess how the latest escalation of tensions will ripple through the global economy. The attack, announced by President Donald Trump on social media site Truth Social, deepens US involvement in the Middle East conflict. That was the question going into the weekend, when investors were mulling a host of different market scenarios. In the immediate aftermath of the announcement, they expected the US involvement was likely to cause a sell-off in equities and a possible bid for the dollar and other safe-haven assets when trading began, but also said much uncertainty about the course of the conflict remained. "I think the markets are going to be initially alarmed, and I think oil will open higher," said Mark Spindel, chief investment officer at Potomac River Capital. "We don't have any damage assessment and that will take some time. "Even though he has described this as 'done', we're engaged. What comes next?" Spindel said. "I think the uncertainty is going to blanket the markets, as now Americans everywhere are going to be exposed. It's going to raise uncertainty and volatility, particularly in oil." Spindel, however, said there was time to digest the news before markets opened. A key concern for markets would centre around the potential impact of the developments in the Middle East on oil prices and thus on inflation. A rise in inflation could dampen consumer confidence and lessen the chance of near-term US interest rate cuts. "This adds a complicated new layer of risk that we'll have to consider and pay attention to," said Jack Ablin, chief investment officer of Cresset Capital. "This is definitely going to have an impact on energy prices and potentially on inflation as well." While global benchmark Brent crude futures have risen as much as 18 per cent since June 10, hitting an almost five-month high of $US79.04 ($A121.82) on Thursday, the S&P 500 has been little changed, following an initial drop when Israel launched its attacks on Iran on June 13. Before the US attack on Saturday, analysts at Oxford Economics modelled three scenarios, including a de-escalation of the conflict, a complete shutdown in Iranian oil production and a closure of the Strait of Hormuz, "each with increasingly large impacts on global oil prices". In the most severe case, global oil prices jump to about $US130 ($A200) per barrel, driving US inflation close to six per cent by the end of 2025, Oxford said in the note. "Although the price shock inevitably dampens consumer spending because of the hit to real incomes, the scale of the rise in inflation and concerns about the potential for second-round inflation effects likely ruin any chance of rate cuts in the US this year," Oxford said in the note, published before the US strikes. Economists warn a dramatic rise in oil prices could damage a global economy already strained by Trump's tariffs. An escalation in the conflict could have mixed implications for the US dollar, which has tumbled amid worries over diminished US exceptionalism. In the event of US direct engagement in the Iran-Israel war, the dollar could initially benefit from a safety bid, analysts said. "Do we see a flight to safety? That would signal yields going lower and the dollar getting stronger," said Steve Sosnick, chief market strategist at IBKR in Greenwich, Connecticut. "It's hard to imagine stocks not reacting negatively and the question is how much. It will depend on Iranian reaction and whether oil prices spike."

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