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☆ Oil Markets Shrug Off Iran’s Attack on Israel
▼ + stars: | 2024-04-15 | by ( Stanley Reed | More About Stanley Reed | ) www.nytimes.com time to read: +1 min

Oil markets shrugged off the growing tensions in the Middle East, after Iran launched a barrage of missiles and drones against Israel over the weekend. On Monday morning, prices for Brent crude oil, the international benchmark, fell by about 1 percent, to $89.49 a barrel. So far, there has been relief that the much-anticipated attack did little damage and had no effect on supplies. Oil prices had already increased substantially in the days before the assault, rising above the symbolic $90 a barrel level last week. Rystad Energy, a consulting firm, calculates that on fundamentals, Brent should be selling for $84 a barrel.

Persons: Goldman Sachs, Brent, ”, Helima Croft Organizations: Brent, Rystad Energy, RBC Capital Markets Locations: Iran, Israel, Persian

☆ Iran will learn from its failed attack on Israel and work to make its next big attack more devastating, war analysts warn
▼ + stars: | 2024-04-15 | by ( Ella Sherman | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIsrael thwarted Iran's retaliatory missile attack, but experts said Iran can use this loss to learn and plan a more effective strike. AdvertisementIran's missiles and drones were overwhelmingly intercepted by Israel, its neighboring countries and allied forces, however, experts say this attack could offer Iran lessons for its next big hit. While many of Iran's missiles and drones were intercepted, the number of weapons that were able to break through Israel's defenses is notable enough for concern. Iran's drones and cruise missiles were launched earlier in order to hit Israel's defense air system at the same time as ballistic missiles.

Persons: —, Israel, Brian Carter, Frederick Kagan, ISW Organizations: Service, Business, Ukraine, NATO Locations: Iran, Israel, Washington, Iranian, Syria, Ukraine, Russia, Moscow, Tehran

☆ Israel war cabinet hold heated debate over how to respond to Iran attack, Israeli officials say
▼ + stars: | 2024-04-15 | by ( Jeremy Diamond | ) edition.cnn.com time to read: +3 min

Tel Aviv, Israel CNN —Israel’s war cabinet has been engaged in a heated debate about how and when to respond to Iran’s weekend attack on their country, two Israeli officials familiar with the deliberations tell CNN. In addition to a potential military response, the war cabinet is also mulling diplomatic options to further isolate Iran on the world stage. Benny Gantz, a key member of the war cabinet, has pushed for a swifter response to Iran’s attack, two Israeli officials said. But Israeli officials recognize that will be a difficult needle to thread, hence the ongoing debate. An hours-long war cabinet meeting on Sunday ended without a decision on how Israel will respond to Iran’s attack, an Israeli official said.

Persons: Israel CNN —, Benny Gantz, Benjamin Netanyahu, Gantz, Iran’s, Netanyahu, Mohammed Reza Zahedi, Mohammad Hadi Haji Rahimi, Joe Biden, Biden, ” Organizations: Israel CNN, CNN, Revolutionary Guards, White Locations: Tel Aviv, Israel, Iran, Syria, ” Israel

☆ Wall Street's scenarios for the Israel-Iran conflict from here and its impact on the oil market
▼ + stars: | 2024-04-15 | by ( Spencer Kimball | ) www.cnbc.com time to read: +5 min

The oil market has brushed off Iran's weekend air assault against Israel, with futures trading as much as 1.5% lower on Monday. Oil prices could spike above $100 a barrel depending on how Israel responds to the attack, the analyst wrote. Attack 'well-telegraphed' Iran's attack, though unprecedented, did little actual damage as Israel and the U.S. intercepted nearly all the drones and missiles. The Islamic Republic warned, however, it would strike harder next time if Israel responds to the weekend attack. Potential threats include Iran seizing ships associated with Israel in the Strait of Hormuz; Israel attacking Iranian oil and gas assets; or Iran striking energy assets of its neighbors if Israel hits too hard.

Persons: Israel, Maximilian Layton, Layton, Brent, Helima Croft, CNBC's, Natasha Kaneva, Kaneva, Goldman, Daan Struyven, RBC's Croft, Jan Stuart, Piper Sandler, Stuart Organizations: Citi ., Brent, Citi, RBC Capital Markets, RBC, U.S, United Nations, Islamic, JPMorgan, CNBC Locations: Israel, Iran, Damascus, Syria, Tehran, Lebanon, Republic, Islamic Republic, Goldman Sachs, Strait, Hormuz, Iranian

☆ JPMorgan upgrades Lockheed Martin, says 'under-owned' defense stocks may find a bid in this 'dangerous' world
▼ + stars: | 2024-04-15 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

JPMorgan says Iran's drone attack on Israel over the weekend can drive a near-term surge in Lockheed Martin stock. LMT YTD mountain Lockheed Martin stock. "What we can say is that it's a dangerous world and while that is not a sufficient condition for Defense stocks to outperform, it is a potential source of support, especially when they are under-owned." The analyst added that Lockheed Martin and the array of defense stocks could benefit from a small increase to the defense budget last month, forecasting some supplemental spending for Ukraine, Israel and Taiwan. Lockheed Martin stock has lagged the broader market so far in 2024, falling less than 1% through Friday.

Persons: Seth Seifman, Seifman, Lockheed Martin, — CNBC's Michael Bloom Organizations: JPMorgan, Lockheed Locations: Israel, Lockheed Martin, Ukraine, Taiwan

☆ Wall Street still isn't fretting about geopolitics, even after Iran attacked Israel
▼ + stars: | 2024-04-15 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe market served up another reminder of its indifference to geopolitics on Monday, as traders seemingly shrugged off the potential impact of Iran's strikes on Israel. Signs that the conflict between the two countries won't escalate any further have calmed the market's nerves, XTB research director Kathleen Brooks said on Monday. "The dollar opened the week fairly muted and US bond yields are slightly higher, suggesting that there was no flight to safe havens." Anyone who's been following markets for the past two years won't be surprised at traders' muted reaction to the latest tensions in the Middle East.

Persons: —, pare, Kathleen Brooks, Joe Biden, Brooks, who's, Jamie Dimon, Ray Dalio, Neal Shearing, Shearing, isn't Vladimir Putin, Xi Jinping, Ali Khamenei —, Jerome Powell Organizations: Service, Brent, West Texas, Business, JPMorgan, Bridgewater, Capital Economics, Federal Reserve, Fed Locations: Israel, Iran, Tehran, OPEC

☆ Iran’s attack seemed planned to minimize casualties while maximizing spectacle
▼ + stars: | 2024-04-14 | by ( Tamara Qiblawi | ) edition.cnn.com time to read: +6 min

Tehran’s operation was highly choreographed, apparently designed to minimize casualties while maximizing spectacle. Over 300 drones and missiles navigated above Iran’s neighbors, including Jordan and Iraq — both with US military bases — before penetrating the airspace of Iran’s mortal enemy, Israel. Rather than fire from one of the neighboring countries where Iran and its non-state allies are present, this was a direct attack from Iranian territory on Israeli territory. This compromised Iran’s ability to damage Israel because it robbed the operation of the element of surprise. Demonstrators wave Iran's flag as they gather at Palestine Square in Tehran on April 14, 2024, after Iran launched a drone and missile attack on Israel.

Persons: Lebanon CNN —, Israel’s, Amir Cohen, Hossein Amir Abdollahian, Donald Trump’s, Qassem Soleimani, Asad, Iran’s, Netanyahu’s, Atta Kenare, “, ”, Parsi Organizations: Lebanon CNN, West Bank, United Nations, Trump, Iranian, US, Getty, Quincy Institute Locations: Beirut, Lebanon, Israel, Jordan, Iraq, —, Iran, Ashkelon, Republic, Damascus, Syria, Yemen, Tehran, Netanyahu’s Israel, Palestine, AFP, DC

☆ Iran Attacks Israel
▼ + stars: | 2024-04-14 | by ( The Staff Of The Morning | ) www.nytimes.com time to read: +1 min

Iran’s missile attack on Israel has ended, for now, and virtually none of the missiles reached their targets. Iran last night launched more than 300 drones and missiles in retaliation for an apparent Israeli strike on an Iranian embassy two weeks ago. Iran’s attacks caused minor damage at one military base, and shrapnel seriously injured a 7-year-old girl from an Arab Bedouin community in southern Israel. Last night did represent something new: Experts believe it was the first time Iran attacked Israel from Iranian territory. But Iran telegraphed the attack days in advance, and it did not cause extensive casualties — which increases the likelihood that both countries will be willing to de-escalate.

Persons: Israel, Jordan Locations: Israel, Iran, U.S

☆ Opinion: What does Iran really want?
▼ + stars: | 2024-04-14 | by ( Peter Bergen | ) edition.cnn.com time to read: +10 min

“A modern, strong, peaceful Iran could become a pillar of stability and progress in the region,” former US Secretary of State Henry Kissinger wrote in 2006. Iran introduced into the Iraqi war zone highly effective roadside bombs known as EFPs – Explosively Formed Penetrators – that wounded and killed hundreds of American soldiers. The official US Army history of the Iraq War concluded that Iran was the only winner of that war. Iran’s ‘cookie-cutter approach’Norman Roule was the top US intelligence official on Iran from 2008 to 2017. The withdrawal of the US troops from neighboring Iraq is a key goal of Iran, which exerts considerable influence over some Iraqi politicians.

Persons: Peter Bergen, Osama bin Laden, Shah, Henry Kissinger, Iran’s ayatollahs, Karim Sadjadpour, Sadjadpour, Reagan, bin Laden, bin, al, Saddam Hussein, –, Noam Chomsky, Iran’s, Norman Roule, Roule, propping, Bashar al, Assad, Christine Abizaid, ”, Trump, Obama, Donald Trump, ‘, Benjamin Netanyahu, hasn’t, Joe Biden, Netanyahu, hadn’t, Biden, Abizaid, Mohammed Shia Organizations: New, Arizona State University, Apple, Spotify, CNN, Saturday, East, CIA, US Army, Israel, US National Counterterrorism Center, US Treasury Department, ‘ Deemed, United Nations, Israel’s, Hamas, Iran, White, ISIS Locations: New America, Israel, Iranian, Damascus, Iran, United States, Palestine, ”, Lebanon, Beirut, Saudi, al Qaeda, Iraqi, Saddam, Iraq, Syria, Yemen, Red, Suez, Gaza, New York, Damascus ”, Jordan

☆ Opinion | For Israel, Revenge Should Be a Dish Served Cold
▼ + stars: | 2024-04-14 | by ( Bret Stephens | ) www.nytimes.com time to read: +2 min

More than 300 drones and missiles launched from Iranian soil took aim at Israel on Saturday. The weekend attack is notable for two reasons: its directness and its ineffectuality. Iranian military commanders undoubtedly understood that most of their slow-moving drones, about 170 in all, would be shot down before reaching their targets. As a matter of self-defense, Israel has every moral and legal right to respond in kind — and then some. It is not enough for Israel to demonstrate its capacity for defense, as it did over the weekend.

Persons: Ali Khamenei, Israel Organizations: Israel Locations: Damascus, Islamic Republic, Israel, Iran, United States

☆ Israel mulls response to unprecedented Iranian attack as West urges Netanyahu to avert all-out war
▼ + stars: | 2024-04-14 | by ( Rob Picheta | ) edition.cnn.com time to read: +6 min

Together we shall win.”Israel will respond to Iran’s attack, but the scope of that attack has yet to be decided, an Israeli official told CNN on Sunday. The official said Israel is yet to determine whether to try and “break all the dishes” or do something more measured. Israel and Iran have long been rivals, but tensions escalated in the wake of Hamas’ attacks on Israel, which left about 1,200 people dead. Iranian ballistic missiles that reached Israel fell on the airbase located in southern Israel, and caused only light structural damage, Israel Defense Forces (IDF) spokesperson Daniel Hagari said. Iran had vowed to retaliate after accusing Israel of bombing its diplomatic complex in Syria earlier this month.

Persons: CNN —, Yoav Gallant –, ” Gallant, Benjamin Netanyahu, “, ”, Netanyahu, Hossein, Bagheri, Daniel Hagari, Israel “, Joe Biden, Biden, Yoav Gallant, Getty Images Biden, Israel, Mohammed Reza Zahedi, Mohammad Hadi Haji Rahimi, Donald Trump, IRGC, Qassem Soleimani Organizations: CNN, –, Sunday, Hamas, Islamic, Islamic Revolutionary Guard Corps, TV, of Iran’s Armed Forces, Israel Defense Forces, Israel, White, Israeli, Ministry of Defense, Getty Images, United, Emirates, Revolutionary Guards Locations: Iran, ” Israel, Israel, Gaza, Syria, France, Islamic Republic, Damascus, Iranian, Western, Anadolu, East, Saudi Arabia, Qatar, Baghdad

☆ Iran's missile attacks showed some calculated restraint. Will Israel's response?
▼ + stars: | 2024-04-14 | by ( Peter Gelling | ) www.businessinsider.com time to read: +5 min

It was a response to Israel's attack on an Iranian consulate building in Damascus on April 1, which killed multiple high-level Iranian commanders. But Iran knows all too well about Israel's Iron Dome and its other air defense systems, which intercepted many of the incoming projectiles. Iran also warned everyone for weeks that the attack was coming — giving Israel's allies time to prepare — and avoided targeting civilian locations. It was a response aimed at demonstrating its capabilities and saving face while — its government hopes — avoiding further escalation. On the day of the Iranian attack, thousands gathered in Tel Aviv to protest against Netanyahu's government.

Persons: —, Ian Bremmer, Michael Horowitz, Will Israel, John Kirby, Benjamin Netanyahu, Joe Biden's, Biden, Netanyahu, Benny Gantz, Israel Organizations: Service, British, Business, Eurasia Group, Le Beck, NBC's, West Bank, Iranian Locations: Iran, Israel, Iranian, Damascus, Jordanian, States, Gaza, Tel Aviv, Lebanon, Syria

☆ Strikes Upend Israel’s Belief About Iran’s Willingness to Fight It Directly
▼ + stars: | 2024-04-14 | by ( Patrick Kingsley | ) www.nytimes.com time to read: +1 min

Iran’s unprecedented strikes on Israel this weekend have shaken Israel’s assumptions about its foe, undermining its long-held calculation that Iran would be best deterred by greater Israeli aggression. For years, Israeli officials have argued, both in public and in private, that the harder Iran is hit, the warier it will be about fighting back. Iran’s barrage of more than 300 drones and missiles on Saturday — the first direct attack by Iran on Israel — has overturned that logic. The attack was a response to Israel’s strike earlier this month in Syria that killed seven Iranian military officials there. “I think we miscalculated,” said Sima Shine, a former head of research for the Mossad, Israel’s foreign intelligence agency.

Persons: Israel —, Israel, ”, Sima Shine Locations: Israel, Iran, Syria, Tehran, Lebanon, Yemen

☆ Israel says 300 Iranian drones and missiles downed in ‘unprecedented’ overnight attack
▼ + stars: | 2024-04-14 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +4 min

Iranians are waving Iranian flags and a Palestinian flag as they celebrate Iran's IRGC UAV and missile attack against Israel on April 14, 2024. Iran rained a deluge of drones and missiles on Israel on Saturday night in response to a suspected Israeli strike that killed top Iranian officials in Syria, in a deep escalation of Middle East tensions. Last night marked the first instance of a direct attack on Israel from Iranian territory. Iran vowed revenge after a suspected Israeli strike on an Iranian consulate in Damascus, Syria, on April 1, which killed several top Iranian military commanders. The European Union has blasted Tehran's offensive: "The EU strongly condemns the unacceptable Iranian attack against Israel," EU High Representative Josep Borrell said late Saturday on social media.

Persons: Israel, Daniel Hagari, Bashar al, –, Iran's, Mohammad Bagheri, Gilad Erdan, Josep Borrell, Joe Biden, Washington, Steve Scalise, Mitch McConnell Organizations: Israel, Israel Defense Forces, Hamas, Yemeni, Guards, Islamic Republic News Agency, . Security, Iranian Revolutionary Guard Corps, European, EU, Biden, –, U.S . House, Republican Locations: Iran, Israel, Syria, Iraq, Yemen, Lebanon, Strait, Hormuz, Gaza, Iranian, Damascus, France, Ukraine, U.S

☆ Live Updates: Israel Says Confrontation With Iran ‘Is Not Over’
▼ + stars: | 2024-04-14 | by ( Mike Ives | Isabel Kershner | ) www.nytimes.com time to read: +8 min

The Iranian armed forces are among the biggest in the Middle East, with 580,000 soldiers and officers and also 200,000 reservists. The start of a direct military confrontation between Iran and Israel has brought renewed attention to Iran’s armed forces. Instead, Israel and Iran have been engaged in a long shadow war via air, sea, land and cyberattacks, and Israel has covertly targeted military and nuclear facilities inside Iran and killed commanders and scientists. It’s that they realize any war against Iran is a very serious war.”What sort of military threat does Iran pose? The commander in chief of Iran’s armed forces is the supreme leader, Ayatollah Ali Khamenei, who has the last word on all major decisions.

Persons: ”, Afshon Ostovar, “ It’s, Ayatollah Ali Khamenei, Fabian Hinz, “, Atta Kenare, Ostovar, Ayatollah Khamenei, Shah Mohammed Reza Pahlavi, Will Israel’s Organizations: Naval Postgraduate School, Islamic Revolutionary Guards Corps, International Institute for Strategic Studies, Guards, General Staff of, Armed Forces, Quds Force, Agence France, Phantoms, Iranian Army, Associated Press Locations: Tehran, Iranian, Iran, Israel, Damascus, United States, Washington, Lebanon, Yemen, Syria, Iraq, Jihad, Gaza, Berlin, speedboats, Persian, Hormuz, Russia, Ukraine, Sudan, North Korea

☆ Iran launches drone attacks on Israel
▼ + stars: | 2024-04-13 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

The White House confirmed the attack was underway and underlined American support for Israel. Iran has threatened retaliation for an earlier strike by Israel on Iranian military targets in Syria. AdvertisementIran has begun an airborne attack against Israel, the White House confirmed on Saturday. Iran threatened to retaliate after Israel struck an Iranian consulate in Damascus, Syria on April 1, killing several high-level Iranian military commanders. The United States will stand with the people of Israel and support their defense against these threats from Iran."

Persons: —, Kian Sharifi, Emanuel Fabian, Biden, Adrienne Watson Organizations: Saturday, White House, Service, Free, White Locations: Iran, Israel, Syria, Iranian, Damascus, United States

☆ Iran launches retaliatory strikes toward Israel
▼ + stars: | 2024-04-13 | by ( Lauren Izso | ) edition.cnn.com time to read: +1 min

CNN —Iran has launched drones toward Israel, amid fears of a regional escalation following an apparent Israeli attack on an Iranian embassy complex in Syria last week. Several dozen drones were launched from within Iran, a senior US administration official told CNN. Iran state media also confirmed that the Islamic Revolutionary Guard Corps (IRGC) had “launched extensive drone strikes against targets in occupied territories,” referring to Israel. It’s a threat that will take a number of hours to arrive in Israel,” Israel Defense Forces spokesperson Daniel Hagari said late on Saturday local time, asking Israelis to be “vigilant.”Israel has prepared for a “direct attack by Iran,” Israeli Prime Minister Benjamin Netanyahu said in a statement Saturday evening. The state of Israel is strong.

Persons: “, Daniel Hagari, Israel, Benjamin Netanyahu, ”, ” Netanyahu, CNN’s Hamdi Alkhshali, Adam Pourahmadi, Paul Murphy Organizations: CNN, Islamic Revolutionary Guard Corps, Israel Defense Forces, IDF Locations: Iran, Israel, Iranian, Syria, Britain, France, Haifa

☆ Iran Seizes Commercial Ship Linked to Israel
▼ + stars: | 2024-04-13 | by ( Christopher F. Schuetze | More About Christopher F. Schuetze | ) www.nytimes.com time to read: +1 min

Tehran has vowed a retaliatory strike after blaming Israel for an attack on an Iranian embassy building in Syria that killed 12 people, among them top military generals. Iran is a backer of Hamas, Hezbollah in Lebanon and the Houthi rebels in Yemen, but has so far stayed clear of direct involvement. On Friday, President Biden said that he expected Iran to launch a retaliatory attack “sooner than later,” and reiterated that the United States remained committed to the defense of Israel. It was not immediately clear if the seizure of the ship was part of Iran’s promised response to the attack in Syria, but it was not the first time Iran had directly seized a commercial vessel. Before the war in Gaza, the United States said that Iran had “harassed, attacked or interfered” with more than a dozen internationally flagged merchant ships in recent years.

Persons: Eyal Ofer, Israel, Israel Katz, Biden, ”, Iran’s Organizations: MSC, Zodiac Maritime, Zodiac Group, ”, Iran’s Locations: Israel, Tehran, Iranian, Syria, Gaza, Iran, Lebanon, Yemen, United States, Oman

☆ Vessel seized in Strait of Hormuz amid Iran tensions, shipping firms say
▼ + stars: | 2024-04-13 | by ( ) www.cnbc.com time to read: +2 min

A vessel has been seized by "regional authorities" between the United Arab Emirates and Iran, maritime security agencies said on Saturday, days after Iran warned it could close the area to sea traffic. UK Maritime Trade Operations (UKMTO) said the vessel had been seized 50 nautical miles (92 km) northeast of the Fujairah, an area close to the Strait of Hormuz that forms the entrance to the Gulf. Marine tracking sites said the vessel was the MSC Aries of Zodiac Maritime, an international shipping company partly owned by Israeli businessman Eyal Ofer. Reuters could not immediately confirm that and UKMTO said it could not provide more information when asked if the regional authorities were Iran and if the seized vessel was MSC Aries. The United States and Britain have carried out strikes against Houthi targets in response to the attacks on shipping.

Persons: Eyal Ofer, UKMTO, Islamic Revolutionary Guards Corps Alireza Tangsiri, Abraham, Joe Biden Organizations: United Arab, Maritime Trade Operations, ., MSC Aries, Zodiac Maritime, Zodiac, MSC, Islamic Revolutionary Guards Corps, Israel, Abraham Accords, Revolutionary Guards Locations: United Arab Emirates, Iran, Hormuz, U.S, UAE, United States, Gaza, Israel, Lebanon, Syria, Iraq, Yemen, Syria's, Damascus, Tehran, Yemen's Iran, Britain

☆ The stock market's decline nears a level that makes us want to do some buying
▼ + stars: | 2024-04-12 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Dow, Jeff Marks, Marks, WTI, Apple, Apple's, Locker, Ford, Morgan Stanley, Gamble, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, University of, Constellation, Club, West Texas, Islamic, Palo Alto Networks, Google, JPMorgan, Securities and Exchange Commission, Abbott Laboratories, Procter, Jim Cramer's Charitable Locations: Iran, Israel, U.S, Damascus, Syria, Wells Fargo

☆ Iran doesn't want to get into a full-on war, but that won't stop it threatening one
▼ + stars: | 2024-04-12 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +5 min

Israel and the US expect a potential Iranian attack following a strike on Iran's embassy in Syria. The incident has escalated the long-standing proxy war between Israel and Iran. Despite threats of a direct attack on Israel, Iran won't want a war involving the US. A long-standing proxy warThe airstrike on April 1 marked an escalation in the long-standing proxy war between Israel and Iran. Related storyIf ballistic missiles or drones do target Israel, Israel would respond, and the US has made it clear it would support it.

Persons: —, Ali Khamenei, Israel, Joe Biden, Benjamin Netanyahu, Axios, Hossein Amir, Abdollahian, Jake Epstein, Saeid Jafari, Ali Sadrzadeh, Sadrzadeh, Qassem Soleimani, Khameini, Hassan Rouhani Organizations: Service, Islamic Revolution Guard Corps, Iranian, Street Journal, Reuters, Atlantic Council, Israel, BBC News Locations: Israel, Syria, Iran, Damascus, Gaza, Lebanon, Yemen, Washington, Tehran, Iraq

☆ Oil prices head back up on Middle East jitters
▼ + stars: | 2024-04-12 | by ( ) www.cnbc.com time to read: +2 min

A view of an oil well at Arab Desert in Jebel Dukhan, Bahrain on March 4, 2024. Oil prices rose in early trade on Friday on heightened tensions in the Middle East, where Iran has promised to retaliate for a suspected Israeli air strike on its embassy in Syria, which could risk disruptions to supply from the oil producing region. Israel is keeping up its war in Gaza but is also preparing for scenarios in other areas, Prime Minister Benjamin Netanyahu said on Thursday. "The European Central Bank's decision to leave policy rates unchanged ... was expected, but accompanying statements open the door for near-term monetary easing," S&P Global Market Intelligence said in a note. However in the U.S., Federal Reserve officials signalled on Thursday no rush to cut interest rates, as sticky U.S. inflation remains a concern.

Persons: Ayatollah Ali Khamenei, Benjamin Netanyahu Organizations: Brent, U.S, West Texas, Israel, Washington, ANZ Research, Organization of, Petroleum, P Global Market Intelligence, Federal Locations: Jebel Dukhan, Bahrain, Iran, Syria, Damascus, Gaza, Israel, Tehran, Europe, U.S

☆ A Look at Iran’s Military Capabilities as It Threatens Israel
▼ + stars: | 2024-04-12 | by ( Farnaz Fassihi | ) www.nytimes.com time to read: +1 min

The possibility of a direct military confrontation between Iran and Israel has brought renewed attention to Iran’s armed forces. Early this month, Israel attacked a building in Iran’s diplomatic compound in the Syrian capital, Damascus, killing seven of Iran’s senior commanders and military personnel. Here’s a look at Iran’s military and its capabilities. Why is Iran’s military relevant right now? After Israel attacked the Iranian diplomatic compound in Damascus, Tehran responded with a threat to avenge the killings of its military personnel.

Persons: Israel, Donald J, Trump, Qassim Suleimani Locations: Iran, Israel, Damascus, Tehran, United States, Gen, Iraq

☆ Iran's stealth drones have become the new blueprint for international warfare
▼ + stars: | 2024-04-10 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Russia has become increasingly reliant on Iranian drones to fight its war in Ukraine. At least six countries have ramped up production of Iranian drones in the last two years, according to a Bloomberg report this week, bringing the total number of countries producing drones with Iran's help to at least a dozen. The issue has become of particular importance as Russia becomes more reliant on Iranian tech to produce its drones for the war in Ukraine. Meanwhile, Iran is pocketing foreign money in exchange for its much-coveted drone tech and expertise. AdvertisementEthiopia has used Iranian drones to squash rebellions in the country, while Tajikistan, Algeria, and Venezuela are also partnering with Iran, Bloomberg reported.

Persons: —, Israel —, Matthew McInnis Organizations: Service, Bloomberg, US, Washington Post, Pentagon, State Department Locations: Iran, Russia, Ukraine, Sudan, Israel, Jordan, Red, Ethiopia, Tajikistan, Algeria, Venezuela

☆ Power by Proxy: How Iran Shapes the Mideast
▼ + stars: | 2024-04-06 | by ( Alissa J. Rubin | Lazaro Gamio | ) www.nytimes.com time to read: +2 min

Power by Proxy: How Iran Shapes the MideastTURKEY Militias in Syria and Iraq SYRIA LEBANON Iran Hezbollah ISRAEL IRAQ Hamas Egypt Saudi Arabia OMAN The Houthis Sudan YEMEN 500 miles TURKEY Militias in Syria and Iraq LEBANON SYRIA Iran Hezbollah IRAQ ISRAEL Hamas Egypt Saudi Arabia The Houthis Sudan YEMEN 500 miles The New York TimesFor years, Iran has been the outsider. Yet Iran has succeeded in projecting its military power across a large swath of the Middle East. Its reach equals — if not eclipses — that of traditional power centers like Egypt and Saudi Arabia. Altogether, Iran now supports more than 20 groups in the Middle East, directly or indirectly, with a combination of arms, training and financial aid. Here is a look at the most prominent of the armed groups backed by Iran.

Persons: Israel Organizations: TURKEY, New York Times, United Locations: Iran, Syria, Iraq SYRIA LEBANON Iran Hezbollah ISRAEL IRAQ Hamas Egypt Saudi Arabia OMAN, Sudan YEMEN, TURKEY, Iraq LEBANON SYRIA Iran, IRAQ ISRAEL Hamas Egypt Saudi Arabia, Egypt, Saudi Arabia, Gaza, United States, Israel, Iranian Embassy, Tehran

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