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The United States has seen indications that Iran is preparing to "imminently" launch a ballistic missile attack on Israel on the heels of Israel's ground incursion into south Lebanon, a senior White House official told NBC News on Tuesday,The White House official warned that any direct attack on Israel by Iran "will carry severe consequences for Iran." "We are actively supporting defensive preparations to defend Israel against this attack," the official said. Iran's suspected planned attack came as Israeli ground forces invaded south Lebanon as part of an attack on Hezbollah, the militant group backed by Iran. The number of Israeli troops who have entered Lebanon is in "the low hundreds," an Israeli official told NBC News. In April, Iran launched an attack on Israel that included more than 300 drones and ballistic missiles after two top Iranian commanders were killed by an Israeli airstrike in Syria.
Persons: Iran's, Hassan Nasrallah Organizations: White House, NBC, White, Israel, Embassy, NBC News, Dow Jones, West Texas Locations: States, Iran, Israel, Lebanon, U.S, Jerusalem, Beirut, Syria
Iran launches missile attacks against Israel
  + stars: | 2024-10-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIran launches missile attacks against IsraelCNBC's Contessa Brewer joins 'The Exchange' to discuss breaking news on Iran's attacks on Israel.
Persons: Israel, Israel CNBC's Contessa Brewer Organizations: Iran, Israel CNBC's Locations: Israel
US Navy warships fired interceptors at Iranian missiles that were targeting Israel on Tuesday. It's the second time in six months that US forces defended Israel from an Iranian missile attack. AdvertisementUS Navy warships fired interceptors at Iranian missiles that were targeting Israel on Tuesday as part of a massive retaliatory bombardment, marking the second time American forces have done so in less than six months. The Israeli military said it also intercepted "a large number" of the missiles as civilians sought protection in shelters. American warships and aircraft shot down Iranian missiles and drones in April during Tehran's unprecedented attack on Israel.
Persons: It's, , Jake Sullivan, Sullivan, Pat Ryder, Bulkeley, Cole —, Ismail Haniyeh, Hassan Nasrallah, Israel Organizations: Iranian, Israel, Service, Navy, National, Israeli Defense Forces, Pentagon, Air Force, Business, White Locations: Israel, Iranian, Iran, Tehran, Beirut, Lebanon, US
Iran, Israel, and other neighboring nations closed their airspaces, forcing flight diversions. Some Lufthansa flights returned to Frankfurt several hours into their journeys to India and Dubai. AdvertisementFlightRadar24 shows Swiss and Lufthansa flights diverting amid Iran attacks on Israel on Tuesday. Several other carriers were also being forced to divert as route options remained limited between Europe, the Middle East, and Asia. AdvertisementAirlines like Japan Airlines, British Airways, and Finnair added up to four hours of flight time to avoid the Kremlin's airspace on flights between Asia and Europe amid Russian airspace closures and sanctions.
Persons: , FlightRadar24, Finnair Organizations: Lufthansa, Service, German, Swiss, Emirates, British Airways, Royal Jordanian Airlines, El, Business, Airlines, Japan Airlines Locations: Iran, Israel, Frankfurt, India, Dubai, Jordan, Iraq, Europe, Zurich, Antalya, Turkey, Asia, London, Paris, Amman, Israeli, Rhodes, Greece, Tel Aviv, Larnaca, Cyprus, East, Russia, Ukraine
NEBATIEH, LEBANON - SEPTEMBER 28: Smoke rises after Israeli attacks over Shebaa town of Nabatieh province on September 28, 2024. The Israeli air and artillery forces are supporting the offensive, the IDF said. Hezbollah said that claims that Israel had entered Lebanon are "false," reporting no "direct ground clashes," according to a Google-translated statement. Historically sensitive to geopolitical tremors, oil prices have resisted long-term spikes, reined in by the specter of waning global demand and potential supply increases. On its own, this escalation would point to higher oil prices and inflation.
Persons: Ramiz Dallah, Jalaa Marey, Hassan Nasrallah, Yoav Gallant, Lloyd Austin, Israel, Amir Yaron, specter Organizations: Getty Images, Anadolu, Getty, Israel, Israel's Defense Forces, White House, NBC, Brent, Afp, Jewish, Palestinian, Hamas, Israeli, U.S, United Nations, Reuters, Capital, Gulf Cooperation Council Locations: NEBATIEH, LEBANON, Shebaa, Nabatieh, Anadolu, Iran, Lebanon, Israel, London, Galilee, Gaza, Lebanese, Beirut's, U.S, Saudi Arabia
CNN —The White House on Tuesday said the US believes Iran is preparing an imminent ballistic missile attack against Israel. “The United States has indications that Iran is preparing to imminently launch a ballistic missile attack against Israel. A direct military attack from Iran against Israel will carry severe consequences for Iran,” a senior White House official said in a statement. In that attack, Iran launched a wave of drones and missiles towards Israel – the vast majority were successfully intercepted. “As of this moment, Israel does not perceive imminent threat from Iran,” Israel Defense Forces spokesperson Daniel Hagari said.
Persons: , , Daniel Hagari, Hagari, ” Hagari, Benjamin Netanyahu, Netanyahu, Israel, ” Netanyahu, Antony Blinken, ” Blinken, Blinken Organizations: CNN, Israel, White House, Israel Defense Forces, Monday, Israeli, , Moroccan Locations: Iran, United States, Israel, Lebanon, States
Gold and crude oil rallied, while the 10-year Treasury yield dropped. On the economic data front, job openings rose unexpectedly in August. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Traders elected to crowd into safe-haven assets like gold as Iran launched a barrage of missiles toward Israel on Tuesday. AdvertisementAs oil rallied, so did gold and the bond market, with investors piling into risk-off assets.
Persons: , Helima Croft, Quincy Krosby, Bill Adams Organizations: Treasury, Service, Traders, RBC Capital Markets, CNBC, Global, LPL, Labor, Comerica Bank Locations: Israel, Iran, Lebanon
Hong Kong CNN —Chinese leader Xi Jinping reiterated his pledge to achieve “reunification” with Taiwan on the eve of Communist China’s 75th birthday, as Beijing flexed its military might in the run-up to the national holiday. But many people on the island view themselves as distinctly Taiwanese and have no desire to be part of Communist China. He also called for deeper economic and cultural exchanges across the Taiwan Strait and promotion of “spiritual harmony of compatriots on both sides.”“(We must) resolutely oppose ‘Taiwan independence’ separatist activities,” Xi said. On Sunday, Taiwan’s Defense Ministry said it was on alert after detecting “multiple waves” of missile firing deep in inland China. The funding will cover defense articles as well as “military education and training,” the White House said in a statement.
Persons: Xi Jinping, Xi, , , ” Xi, Lai Ching, Joe Biden Organizations: Hong Kong CNN, of, People, Xinhua, Communist Party, Taiwan, Taiwan’s Defense Ministry, Army’s, Force Locations: Hong Kong, Taiwan, Beijing, People’s Republic, Communist China, People’s Republic of China, Republic of China, Taipei, Taiwan Strait, China, Inner Mongolia, Gansu, Qinghai, Xinjiang, United States
Here's how Iran's missile strikes could impact markets
  + stars: | 2024-10-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's how Iran's missile strikes could impact marketsStephen Stanley, chief economist at Santander, and Steve Sosnick, chief strategist at Interactive Brokers, join CNBC's 'The Exchange' to discuss the impact of the Iranian missile strikes on the markets.
Persons: Stephen Stanley, Steve Sosnick, CNBC's Organizations: Santander, Interactive Brokers
Iran is preparing to launch an imminent ballistic missile attack against Israel, a senior White House official said on Tuesday. Advertisement"The United States has indications that Iran is preparing to imminently launch a ballistic missile attack against Israel," the official said in a statement shared with Business Insider. "We are actively supporting defensive preparations to defend Israel against this attack," the official added. "A direct military attack from Iran against Israel will carry severe consequences for Iran." Safe haven assets like gold surged, as did oil prices, which rose on speculation the conflict could limit production.
Persons: Israel Organizations: White House, Business, Israel Locations: Iran, Israel, United States, Lebanon
Stocks and bond yields fell on Tuesday amid escalating tensions in the Middle East. Crude oil rose more than 3% on speculation that regional conflict will hit production. Gold prices climbed as investors flocked to safe-haven assets. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
Persons: Organizations: Service, Israel, White, Traders, Treasury, East Locations: Lebanon, Iran, Israel, West Coasts
We are buying 200 shares of Coterra Energy at roughly $24.35. Following the trade, Jim Cramer's Charitable Trust will own 3,300 shares of CTRA, increasing its weighting to 2.34% from 2.2%. In Monday's edition of the Homestretch , we said we were debating adding to our position in Coterra Energy , a disciplined driller that balances oil and natural gas production based on commodity prices. As of Monday's close, Coterra shares were only $1.33 off their 52-week low on Sept.10. We haven't been fans of energy stocks all year, but we always say we've kept Coterra in the portfolio to hedge against geopolitical risk.
Persons: Jim Cramer's, haven't, we've, Jim Cramer, Jim Organizations: Coterra Energy, CTRA, Israel, CNBC Locations: Iran
Yet investors remain unrelentingly bullish, bidding the US stock market further into uncharted territory. That’s the strongest start to a year since 1997, according to FactSet, when the US economy was surging during the dotcom boom under President Bill Clinton. Kristina Hooper, chief global market strategist at Invesco, said the “very impressive” market performance has been driven by “continued resilience” in the US economy and enthusiasm over Fed rate cuts. US stocks retreated Tuesday after the White House warned that Iran is preparing to launch an imminent ballistic missile attack on Iran. “The Iran report is the thing scaring everyone right now,” said Michael Block, co-founder and chief operating officer at AgentSmyth.
Persons: Bill Clinton, Kristina Hooper, , , Michael Block, hasn’t, Block Organizations: New, New York CNN, Federal, White, House, Tech, Nvidia, CNN Locations: New York, Iran, Taiwan
It will take a remarkable amount of efficiency and discipline from the Israeli military and Israeli Prime Minister Benjamin Netanyahu to know when it is time to stop. The Israeli military are now walking into the ground trap that their adversary has been setting for them for well over a decade. And so, knowing when to stop is going to be key to this not becoming a quagmire for Israel. Does Israel’s Lebanon operation increase the chances of wider war with Iran? For Israel’s military endeavor to last weeks and not months, they will need extraordinary and rare success, discipline, and political wisdom.
Persons: Biden, Benjamin Netanyahu, Hassan Nasrallah –, we’re, Netanyahu, Jim Urquhart, Nasrallah, Kamala Harris, Donald Trump, Netanyahu’s, Israel Organizations: CNN, Israeli, Israel Defense Forces, , Time, Israel Locations: Israel, Lebanon, Iran, Europe, Metula, Lebanese, Tyre, Gaza
Israel launched ground incursions into Lebanon on Tuesday, opening up a new war front. AdvertisementIsrael faces a security dilemma in deciding how far it should go in its operations inside Lebanon, according to security experts. A more perilous terrain than GazaIsrael's ground operations inside Lebanon bear some resemblance to the ones it conducted in Gaza about a year ago. He mentioned Israel's own "costly" experiences of invasion in Lebanon, including the Second Israeli Invasion of Lebanon of 1982 and the Second Lebanon War in 2006. AdvertisementHowever, those sums, and Israel's overall military calculations, could quickly change if Iran gets involved on the side of Hezbollah in Lebanon.
Persons: Israel, , Hezbollah's, Hassan Nasrallah, Ameneh, MENAHEM KAHANA, ACLED, Israel isn't, Ramiz, Yannay Spitzer, Benjamin Netanyahu Organizations: IDF, Service, Israel Defense Forces, Global Governance Centre, Geneva Graduate Institute, Hezbollah, Getty, Middle East Security, Royal United Services Institute, Raleigh, Israel, Hebrew University of Jerusalem, Media, UN, Israeli Locations: Lebanon, Israel, Iran, Raleigh, East, Gaza, Galilee, AFP, Lebanese, Hiyam, Nabatieh, Anadolu, Mehvar, Israeli, Tehran
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJefferies' base case for US defense spending is in 3-5% range, says Sheila KahyaogluSheila Kahyaoglu, Jefferies defense analyst, joins CNBC's 'The Exchange' to discuss the impact of Iran's missile strikes on defense stocks, U.S. defense spending, and more.
Persons: Email Jefferies, Sheila Kahyaoglu Sheila Kahyaoglu Organizations: Jefferies
Around 4:45 p.m. Eastern time, bitcoin slid to as low as $60,175. Crypto exchange Coinbase dropped about 1% and bitcoin proxy MicroStrategy lost 2%, after closing lower by 7.4% and 3.5%, respectively. Stock Chart Icon Stock chart icon Crypto assets tumble to start October and the fourth quarterRising tensions in the Middle East dampened investors' risk appetite as the new trading month and quarter began. "Surging unrest across the Middle East has propelled oil prices upward and reinforced the dollar's strength, casting a shadow over bitcoin and other speculative investments," said Chris Kline, chief operating officer and co-founder of Bitcoin IRA. "Meanwhile, a global monetary tug-of-war is unfolding as various central banks slash interest rates and expand their money supplies."
Persons: Jonathan Raa, Cryptocurrencies, bitcoin, Coinbase, MicroStrategy, Hassan Nasrallah, Chris Kline Organizations: Nurphoto, Getty, bitcoin, Metrics, International Longshoremen's Association, Gulf Coasts Locations: Iran, Israel, Iranian, Lebanon
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But Iran’s strategy underestimated how Israel would respond to the Hamas terrorist attack of Oct. 7 and subsequent cross-border rocket fire from Hezbollah. “Israeli intelligence has restored their aura of deterrence," Hoffman said. However, Yahyah Sinwar, the leader of Hamas, is believed to be alive and hiding in tunnels that Israeli forces have not yet seized. The successful Israeli operations have also forced Iran and Hezbollah to face a vexing question: how and when to retaliate without suffering yet more setbacks? As long as Israeli attacks continue, Hezbollah’s decision-making will be in disarray, but the militia remains a significant force.
Persons: Israel, Hassan Nasrallah, , , Bruce Hoffman, Hoffman, Mohammed Hamoud, Yahyah Sinwar, Matthew Savill, Savill, ” Glenn Corn, Ezzedine, Majdi, Nasrallah, Ayatollah Ali Khamenei, Karim Sadjadpour, ” Sadjadpour, Marc Polymeropoulos, Rabih Daher, Benjamin Netanyahu, Corn, “ Who’s, Norman Roule, ” Roule Organizations: Islamic Revolutionary Guard Corps, School of Foreign Service, Georgetown University, , Royal United Services Institute, Defense Ministry, CIA, Institute, Infrastructure Technology, Hamas, Getty, West, Carnegie Endowment, International, Israel, Lebanese Armed Forces, United, Nuclear Locations: Iran, U.S, Tehran, Gaza, Iraq, Syria, Yemen, Israel, Sana'a, Iranian, Hodeida, Lebanon, London, Gaza City, , Lebanese, Mahmudiyah, AFP, Beirut, Nuclear Iran
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPrime Minister Benjamin Netanyahu is rapidly escalating Israel's campaign against its regional foes and trampling on US diplomatic efforts in the process. In the latest sign he's ignoring US warnings, The Wall Street Journal reported that Israeli special-operations forces were carrying out raids into southern Lebanon as the possibility of a ground incursion this week loomed. Getty Images"We are shocked," one US official told CNN after Netanyahu rejected the cease-fire proposal before Israel launched its attacks. It's the latest instance of the Israeli leader ignoring or rejecting Biden's attempts to restrain Israeli military action in Gaza and, more recently, Lebanon.
Persons: Israel's Benjamin Netanyahu, Biden, , Benjamin Netanyahu, Amir Avivi, Avivi, Fateh Sherif Abu el, Amin, Hezbollah's, Hassan Nasrallah, Israel's, Joe Biden, Gilbert Achcar, Jasmine El, Obama, He's, Netanyahu, Israel, Nasrallah, he's, Richard Dannatt, hadn't, Dannatt, It's, Sarah Leah Whitson, Jake Sullivan, Antony Blinken, Blinken Organizations: Service, Street Journal, IDF, Hamas, SOAS University of London, US Marine Corps, Getty, CNN, Israel, British, East, Sky News, Foreign Relations, Political, Military Affairs, United Nations, White Locations: Israel, Lebanon, Beirut, Iran, Gaza, France
Israel's killing of the Hezbollah leader Hassan Nasrallah has put the Middle East even more on edge. AdvertisementThe US military has a substantial force of warships and fighter aircraft stationed across the Middle East and is moving even more firepower into the region as it braces for an increase in conflict. The US has publicly said that it's ready to defend Israel and protect its forces in the Middle East from any attack by Iran or its regional proxies. As part of these efforts, Ryder said Austin directed the Abraham Lincoln Carrier Strike Group to remain in the Middle East region, where it has been operating for several weeks. Beyond the carrier strike group and amphibious ready group, the US Navy has destroyers operating in the Middle East and the Eastern Mediterranean.
Persons: Hassan Nasrallah, , Nasrallah, USS Abraham Lincoln, Joe Biden, Defense Lloyd Austin, Pat Ryder, Ryder, Austin, Abraham Lincoln, Spruance, Ayal Margolin, Yoav Gallant, Gallant Organizations: Service, Hezbollah, US, Defense, Abraham Lincoln Carrier Strike Group, Wasp, Group, US Navy, 24th Marine Expeditionary Unit, Pentagon, REUTERS, Israeli Locations: Iran, Beirut, Israel, East, Hill, Cyprus, Lebanon
And the US has incessantly pushed for a Gaza ceasefire that neither Netanyahu nor Hamas seems to want. For instance, the US and its allies helped repel a massive Iranian missile and drone attack against Israel in April. It has also killed other senior members of the two groups in strikes in Syria, Lebanon, Iran and in Gaza. And pro-Trump Republicans are goading him to go further — at least partly to weaken Biden and his chosen successor, Harris. This is just one of many reasons why Netanyahu is incentivized to expand his war no matter how powerless it makes America look.
Persons: CNN —, Benjamin Netanyahu’s, Joe Biden, , Netanyahu, Kamala Harris, Hassan Nasrallah, Biden, Antony Blinken, Nasrallah, dissed, CNN’s MJ Lee, Kylie Atwood, Jennifer Hansler, Cedric Leighton, Leighton, Israel, it’s, Ismail Haniyeh, Yitzhak Rabin, Shimon Peres, shuttler James Baker, , Donald Trump, Harris, , Trump Organizations: CNN, Monday, Israel Defense Forces, Democratic, Israel, Iranian Islamic Revolutionary Guard Corps, US, Washington, , Hamas, Republicans, Trump Republicans, Democratic Party, Arab American Locations: Lebanon, , Washington, East Israel, Israel, Gaza, Iranian, Damascus, United States, Hezbollah, Iraq, Afghanistan, Syria, Jordan, Iran, Africa, Tehran . Israel, Israeli, China, Michigan
Ukraine has used long-range drones to strike multiple ammunition depots inside Russia this month. AdvertisementRussia maintains an extensive air-defense network, but it hasn't been able to stop Ukraine from using its long-range drones to strike deep, according to a new Western intelligence update. Ukraine said its long-range drones managed to bypass Russia's air defenses and strike an ammunition depot in the Volgograd region over the weekend, marking Kyiv's latest attack. Russia's inability to repel long-range Ukrainian attacks is nothing new, though. Kyiv has relied heavily on locally produced drones to wage this campaign because it is restricted from using Western-provided missiles to strike Russian territory.
Persons: , hasn't Organizations: Service, Institute for Locations: Ukraine, Russia, Moscow, Volgograd, Russian, Tver, Kyiv
Preliminary official results showed the Freedom Party finishing first with 29.2% of the vote and Chancellor Karl Nehammer’s Austrian People’s Party was second with 26.5%. Dutch far-right leader Geert Wilders, whose party dominates the Netherlands’ new government, congratulated the Freedom Party on social network X Sunday. Herbert Kickl, leader of the Freedom Party of Austria poses with supporters, in Vienna, Austria, Sunday, Sept. 29, 2024, after polls closed in the country's national election. The People’s Party is the far right’s only way into government, and now holds the key to forming any administration. But that looks very unlikely with the Freedom Party in first place.
Persons: Chancellor Karl Nehammer’s, Greens –, Herbert Kickl, , Kickl, ” Kickl, ” Nehammer, , Geert Wilders, Alice Weidel, Heinz, Peter Bader, Christian Strache, Andreas Babler, Nehammer, Storm Boris Organizations: Freedom Party, Sunday, Chancellor Karl Nehammer’s Austrian People’s Party, Social Democrats, Greens, Rivals, Party, Russia, Sky Shield, European Union, Germany, Freedom Party of Austria, People’s, People’s Party, Nazi Locations: Austria, Ukraine, , Germany, Brussels, Netherlands, Vienna, Russian, Europe
The Ukraine war raises a difficult question: Can armies maneuver to win anymore? Advertisement"Firepower kills," warned the French General Philippe Pétain just prior to the First World War. By temporarily suppressing the defensive drone-artillery combo that has proven so devastating in the Russo-Ukraine War, armies can again maneuver to defeat their enemies. ISW sees three problems with trying to maneuver in Ukraine, lessons that broadly apply to modern battlefields. AdvertisementArtillery and machine guns were so deadly in World War I that armies fought from trenches.
Persons: it's, , Philippe Pétain, Pétain, ISW, That's, Michael Peck Organizations: Artillery, Service, Getty, Ukraine, Air Force, BAI, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Russo, Washington, Russia, Russian, Kursk, Ukrainian, Russians, Forbes
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