The Latest: Iran’s attacks on shipping worsen economic concerns as countries tap oil reserves

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The ongoing American-Israeli warfare with Iran, for each its complexity and planetary effects, boils down to a azygous question: Who tin instrumentality the symptom the longest? A surge successful lipid prices points to what whitethorn beryllium Iran’s astir effectual limb and the United States’ biggest vulnerability successful continuing the campaign: Damaging the satellite economy.

Wednesday’s large developments see Iranian attacks against commercialized ships astir the Strait of Hormuz and Dubai International Airport, escalating a run of squeezing the oil-rich Gulf portion arsenic planetary vigor concerns mount.

The U.S. run of airstrikes successful Iran is present successful its 12th time with nary extremity successful sight. A U.S. commandant says artificial quality has helped the subject deed much than 5,500 targets successful the country. An Israeli quality appraisal besides indicates that Iran’s caller ultimate leader, Ayatollah Mojtaba Khamenei, was wounded astatine the commencement of the war.

Witnesses successful Tehran said they heard large airstrikes and dense anti-aircraft occurrence Wednesday, and columns of fume made the entity overcast arsenic a furniture of grey particulate settled implicit the city. The aerial is filled with the distinctive odor of burnt pulverization and gasoline. They spoke connected information of anonymity to debar reprisal.

The Israeli subject is besides striking Iran and its militant state Hezbollah successful Lebanon, wherever much than 800,000 radical person been displaced by the fighting.

Here's the latest:

Fire enactment retired astatine Dubai Creek Harbor aft drone strike

Firefighters extinguished a blaze astatine a operation successful Dubai Creek Harbor aboriginal Thursday greeting aft an Iranian drone strike.

The drone deed the Address Creek Harbour 2 operation successful the neighborhood.

An representation published by authorities appeared to amusement harm astatine 2 units successful the building.

Saudi Arabia reports downing drones aboriginal Thursday

The country’s defence ministry said it downed drones successful the kingdom’s east, including astatine slightest 1 trying to people its Shaybah lipid tract successful the Empty Quarter desert.

CitiBank closes branches successful UAE aft Iran threat

CitiBank said it would adjacent each its branches but 1 Thursday aft a menace by Iran to people fiscal institutions successful the region.

CitiBank said it made the determination “given the evolving concern wrong the country,” without elaborating.

Other fiscal institutions reportedly person urged their unit to enactment from location implicit the threat.

Authorities respond to drone that fell connected gathering successful Dubai

Dubai authorities are responding to a drone that fell connected a gathering adjacent Dubai Creek Harbour, a luxury waterfront improvement northbound of the country’s downtown, the Dubai Media Center said, adding that officials are carrying retired evacuations.

Bahrain officials accidental Iranian-linked attacks targeted substance tanks

Bahrain’s Ministry of Interior said Iranian-linked attacks targeted substance tanks astatine a installation successful Muharraq Governorate, northeast of the country’s capital, Manama.

“Authorities are taking the required procedures,” the ministry said.

7 killed, 21 wounded successful Israeli onslaught connected cardinal Beirut

The Lebanese Health Ministry reported the casualties successful the coastal country of Ramlet al-Bayda. The onslaught deed a car on the seaside, wherever dozens of displaced families were sheltering successful makeshift tents.

Israeli onslaught hits a car successful cardinal Beirut, section media reports

An Israeli onslaught deed a car successful the coastal country of Ramlet al-Bayda connected the eastbound broadside of the city, according to section media. The seaside country is fashionable with tourists and is wherever dozens of displaced radical person been sheltering.

Israel’s subject didn’t instantly respond to a petition for information.

The strike, which came without warning, occurred successful an country with nary notable Hezbollah beingness that is acold from Beirut’s confederate suburbs, wherever the Israeli subject has issued evacuation notices and said it is targeting Hezbollah positions overnight.

It was not instantly wide who was targeted, and the fig of casualties was not known. Videos circulating from the onslaught tract showed fume rising from the seaside. The onslaught came adjacent the tract of a caller Israeli onslaught connected a tourer hotel, wherever the Israeli subject said it killed 4 members of Iran’s Revolutionary Guard.

US says it volition merchandise 172 cardinal barrels of lipid arsenic portion of effort to combat prices

U.S. Secretary of Energy Chris Wright says the U.S. volition merchandise 172 cardinal barrels from the Strategic Petroleum Reserve arsenic portion of the International Energy Agency’s efforts to combat steep lipid prices amid the Iran war.

Wright said the merchandise would statesman adjacent week and instrumentality astir 120 days “to present based connected planned discharge rates.” He besides said the U.S. would regenerate astir 200 cardinal barrels wrong the adjacent year.

The U.S. had much than 415 cardinal barrels successful the SPR arsenic of the extremity of past month. President Trump antecedently downplayed the value of utilizing reserve oil, but confirmed earlier Wednesday that his medication would “reduce it a small bit” and past capable it backmost up.

First week of warfare with Iran outgo US $11.3 billion

The Pentagon provided the estimation to Congress successful a briefing earlier this week, according to a idiosyncratic acquainted with the concern who was granted anonymity to sermon the backstage meeting.

That comes aft it reported spending $5 cardinal connected munitions unsocial implicit the archetypal play of the war.

The Trump medication had antecedently indicated it would beryllium sending Congress a petition for supplemental backing for the war, but that appears to person cooled, for now.

Sen. Roger Wicker, the GOP president of the Senate Armed Services Committee, said Wednesday that helium was not expecting the supplemental petition this month.

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— By Lisa Mascaro

US defence caput calls for reappraisal of subject lawyers’ absorption to prioritize ‘support to the warfighter’

Defense Secretary Pete Hegseth argued that subject attorneys request to beryllium focused connected advising commanders connected operations and successful deployed environments wherever “seconds and minutes count.”

Hegseth’s announcement comes arsenic scrutiny implicit civilian casualties successful the Iran warfare intensifies, including the bombing of a girl’s schoolhouse that grounds suggests was apt caused by U.S. airstrikes.

“Commanders request agile, independent, dead-on ineligible proposal that enables decisive action, not endless process oregon turf wars,” Hegseth said successful a video posted to X.

Hegseth said subject ineligible enactment needs a “hard reset” aft becoming “bloated and duplicative.”

“Our warriors merit ineligible teams arsenic lethal and focused arsenic they are,” Hegseth said.

Israel says it has begun ‘wave of strikes’ successful Iran’s capital

Minutes aft saying Iran had launched missiles into Israel precise aboriginal connected Thursday morning, Israel’s subject said it had begun a “wide-scale question of strikes” successful Tehran.

The past specified announcement was aboriginal Wednesday afternoon. Israel’s subject besides said it was targeting Hezbollah with strikes and raids successful assorted parts of Lebanon. That includes the superior Beirut, wherever large booms were heard successful the cardinal information of the metropolis aboriginal Thursday morning.

Sirens wailed and large explosions were heard aboriginal Thursday successful Jerusalem

Alerts besides blared successful the north, wherever Hezbollah has fired drones and rockets into Israel.

Israel’s subject said soon aft midnight that it was moving to intercept missiles launched from Iran.

Russia’s UN envoy says determination are nary negotiations to extremity the warfare successful Iran

Ambassador Vassily Nebenzia was responding to a question astir the anticipation of negotiations pursuing Russian President Vladimir Putin’s talks with U.S. President Donald Trump and Arab leaders.

Nebenzia said Iran was acceptable to proceed negotiations erstwhile the U.S. and Israel launched “a premeditated, deliberate attack” connected Feb. 28.

“There are nary negotiations, though Iran expressed willingness for negotiations,” helium told reporters aft the Security Council rejected a Russian-drafted solution connected the war.

Nonetheless, Nebenzia said, “We are acceptable to assistance to get retired of the dire concern the full portion and the United States got itself into.”

Police successful Bahrain apprehension 6 radical accused of posting videos astatine sites of Iranian strikes

They were arrested for “filming and posting videos related to the aftermath of the Iranian aggression, expressing sympathy and glorifying its hostile acts,” the country’s Interior Ministry said.

The ministry said Bahrain’s anti-cybercrime directorate arrested the suspects and referred them to prosecutors aft their videos circulated connected societal media, “potentially misleading nationalist opinion, spreading fearfulness among citizens and residents and harming information and nationalist order.”

Bahraini authorities person arrested dozens of radical accused of documenting Iranian onslaught sites oregon participating successful pro-Iran demonstrations successful the Shiite-majority, Sunni-ruled nation. Iran is bulk Shiite.

Drone attacks deed Iraq’s Kurdistan region, lipid vessel targeted adjacent confederate port

Drone attacks were launched precocious Wednesday toward the cities of Irbil and Sulaymaniyah. One intercepted drone fell adjacent the Divan Hotel successful the Saad Abdullah Conference Hall analyzable successful Irbil, a venue for high-level governmental meetings.

In confederate Iraq, an lipid vas flying the Australian emblem was struck adjacent Khor Al-Zubair Port, according to 2 Iraqi navy officials who spoke connected information of anonymity due to the fact that they were not authorized to remark publicly.

The onslaught occurred successful a loading country wrong Iraqi territorial waters, the officials said, adding that 25 members of the unit were rescued. It was not instantly wide whether immoderate others remained unaccounted for.

Videos circulating online showed a ample vas engulfed successful flames, with monolithic plumes of occurrence and heavy achromatic fume billowing into the sky.

No radical instantly claimed work for the attacks.

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— By Stella Martany and Qassim Abdul-Zahra

Top Senate Democrat says Trump is pursuing his proposal to pat Strategic Petroleum Reserve

“Trump is doing what I called for 3 days ago, aft needlessly sowing further chaos and uncertainty,” U.S. Senate Minority Leader Chuck Schumer said successful a connection Wednesday. He added that Trump has “already created a batch much problems than this volition lick – from the Strait of Hormuz blockade to his poorly planned and reckless war.″

Trump said Wednesday he’ll pat the lipid reserve “and past we’ll capable it up.” He didn’t specify however galore barrels of lipid the U.S. would release.

Trump often criticized erstwhile President Joe Biden for tapping the lipid reserve to effort to little state prices.

Fuel tanks connected occurrence astatine Omani larboard amid Iran attacks

Fire crews were moving to incorporate a blaze Wednesday astatine the substance retention tanks astatine Oman’s Port of Salalah, amid days of Iranian attacks, according to the Oman News Agency.

Kuwait’s overseas ministry condemned what it said was Iran’s targeting of the larboard and the substance tanks, saying hitting specified economical facilities was a “dangerous escalation” that threatened planetary trade. Videos showed heavy plumes of achromatic fume and ample flames rising from the substance tanks.

Trump, successful continued contradictions, says Iran didn’t person ‘nuclear potential’ aft past summer’s strikes

The president said that aft the strikes with Israel past summertime connected Iran’s atomic program: “We obliterated it. They don’t person atomic potential.”

But, Trump said, without offering specifics, that Iran “started again.”

“That’s wherefore we got to decorativeness it, right? We don’t privation to spell backmost each 2 years.”

Trump, on with others successful his administration, person said arsenic they justified the strikes connected Iran that the state was weeks distant from a atomic limb — contempt claiming past summer’s strikes had destroyed the program.

Trump says Iran is ‘virtually destroyed,’ promises to ‘finish the job’

Speaking astatine an lawsuit successful Kentucky, the president said the U.S. has won the warfare successful Iran but isn’t acceptable to extremity it.

“We don’t privation to permission early, bash we? We’ve got to decorativeness the job,” the president said.

He said the U.S. knocked retired 58 naval ships and eliminated Iran’s aerial force.

“You ne'er similar to accidental excessively early, ‘We won,’” helium said. “We won.”

Iranian diplomat says Security Council solution seeks to ‘distort the realities’ of the war

Iran’s U.N. Ambassador Amir Saeid Iravani said the solution adopted by the Security Council connected Wednesday, which does not notation that U.S. and Israeli strikes launched the war, “deliberately ignores the basal causes of the existent crisis.”

“The precise intent of this biased and politically motivated text, which was pushed by Israeli authorities and the United States, is clear: to reverse the roles and positions of unfortunate and aggressor,” Iravani told the 15-member council.

Trump says helium volition pat US Strategic Petroleum Reserve to effort to ‘bring prices down’

During an interrogation Wednesday with WKRC Local 12 successful Cincinnati, Trump was asked astir tapping the reserve and said, “Well, we’ll bash that and past we’ll capable it up.”

He added, “Right present we’ll trim it a small bit, and that brings the prices down.” He didn’t specify however galore barrels of lipid the U.S. would release.

Trump often criticized the medication of erstwhile President Joe Biden for tapping the reserve to effort and bring down state prices.

Security Council rejects Russian solution urging a halt to hostilities successful the Middle East

The Russian connection failed to scope the 9 votes needed to pass.

The one-page substance makes nary notation of Iran, Israel, the U.S. oregon the Gulf states — each countries progressive successful the struggle — but simply urges subject activities to cease. It besides condemns attacks connected civilians and civilian infrastructure.

Russia, China, Pakistan and Somalia were the lone countries that supported the draught resolution. Other nations called it hypocritical for Russia to telephone for extremity of hostilities contempt its ain warfare with Ukraine.

Vassily Nebenzia, Russia’s U.N. ambassador, had urged its adoption calling it “an impartial document” aimed astatine “de-escalating the situation.”

US ambassador says Iranian attacks brought Gulf countries together

Even earlier the Iranian ambassador got to speak, Mike Waltz, the U.S. ambassador to the United Nations, said Tehran’s diplomat would contiguous lies during the Security Council league connected its actions successful the region.

Waltz said Iran’s repeated claims that it is lone targets U.S. subject bases successful the Gulf is simply a lie.

“These attacks were truthful brutal and truthful indiscriminate, arsenic Iran shoots successful each directions, that nations that antecedently had superior disagreements person present joined together,” helium said. “They’ve present spoken arsenic 1 voice.”

Israeli jets lb Beirut’s confederate suburbs aft a large-scale Hezbollah rocket attack

Simultaneous blasts rocked the Lebanese capital's densely populated confederate suburbs — an country known arsenic Dahiyeh — wherever ample fires and plumes of fume could beryllium seen Wednesday evening.

The Israeli subject said it would respond aggressively aft Hezbollah fired dozens of rockets astatine the aforesaid clip into bluish Israel, successful 1 of the largest attacks successful the existent conflict. Israel struck what it said was infrastructure belonging to the militant group.

The speech marks an evident escalation successful the past week of fighting, which has killed much than 600 radical successful Lebanon and displaced astir 800,000 others successful the tiny country.

Russia and China blast UN solution connected Iranian attacks for not mentioning Israeli-US strikes

After abstaining from the U.N. Security Council solution that demanded a halt to Iran’s onslaught connected Gulf countries, the Chinese and Russian ambassadors defended their position, saying that the Bahrain connection was “extremely unbalanced” successful not mentioning the strikes against Tehran that began this war.

“It muddies up the origin and effect. And if idiosyncratic who is not well-versed successful planetary affairs reads this past this idiosyncratic volition beryllium near with the content that Tehran, connected its ain volition, and retired of malice, conducted an unprovoked onslaught connected Arab states,” Russia’s U.N. Ambassador Vassily Nebenzia said during a Security Council league Wednesday.

Both Nebenzia and China’s U.N. envoy Fu Cong said they attempted to negociate with Bahrain and the U.S. to see the archetypal strikes from Israel and the U.S. connected Feb. 28 that launched the war, but the last solution substance ended up “unbalanced.”

Oil reserve merchandise makes up for conscionable 3 weeks of mislaid supply, adept says

“We’re fundamentally talking astir weeks, and not months, of supply,” said Bruce Bullock, manager of the Maguire Energy Institute astatine Southern Methodist University.

Bullock said the 400 cardinal barrels of crude lipid are meant arsenic a short-term span portion markets hold to spot however the warfare unfolds. If the struggle drags connected oregon the Strait of Hormuz stays blocked, reserves whitethorn request to beryllium released much slowly, helium said.

But if the warfare ends soon, helium added, the other proviso could trigger a crisp driblet successful lipid prices.

Trump tells FIFA main that Iran remains invited for World Cup

Even arsenic leaders successful Iran accidental it’s “not possible” for the state to enactment successful this year’s World Cup, the U.S. president is indicating Iran’s squad is inactive invited successful the United States.

Trump met privately with shot main Gianni Infantino connected Tuesday astatine the White House, according to the FIFA president’s Instagram account.

During the meeting, Trump “reiterated that the Iranian squad is, of course, invited to vie successful the tourney successful the United States,” Infantino wrote successful the Instagram post.

A White House official, speaking connected information of anonymity to sermon backstage conversations, confirmed Trump’s connection to Infantino astir Iran’s participation.

Since June, Iran has been taxable to a question prohibition into the U.S. arsenic portion of the Trump administration’s migration crackdown. But athletes and coaches from the people nations are exempt, which means the Iranian squad would beryllium allowed in.

The U.S. is hosting the tourney with Canada and Mexico from June 11 to July 19.

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AP video shows Israeli strikes connected a Gaza structure campy aft an evacuation order

Shortly aft ending their regular accelerated for Ramadan, displaced Palestinians sheltering westbound of Gaza City said they received telephone calls from evident Israeli subject unit ordering them to get retired of the country wrong 5 minutes.

“They called america and told america to evacuate. We cannot breathe. And present they acceptable our tents connected fire. Where tin we go?” said Ibtessal al-Shanbary, who escaped with a backpack and immoderate tiny belongings she could hastily drawback from her tent.

Anssar campy was struck 3 times Wednesday evening, witnesses said; the archetypal 2 were informing strikes, and the past 1 was a large onslaught that sparked a immense occurrence and sent plumes of fume into the sky.

The Israeli subject did not instantly respond to a petition for comment.

UN Security Council demands Iran halt ‘egregious attacks’ connected its Gulf neighbors

The 13-0 ballot successful the U.N.’s astir almighty assemblage reflects the isolated presumption Iran finds itself in, arsenic it fires missiles and drones successful retaliation for the ongoing U.S.-Israeli strikes.

China and Russia — 2 Iranian allies — abstained from the Wednesday’s vote, allowing it to beryllium approved without utilizing their almighty veto artifact it.

The draught resolution, supported by much than 130 subordinate states, condemns Iran’s attacks connected Bahrain, Jordan, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates arsenic a usurpation of planetary instrumentality and “a superior menace to planetary bid and security.”

“The connection is clear,” said Bahrain’s U.N. Ambassador Jamal Alrowaiei. “The planetary assemblage is resolute successful rejecting these Iranian attacks against sovereign countries that are threatening the stableness of the peoples, particularly successful a portion of strategical value to planetary economy, energy, security, and information of planetary trade.”

Copyright 2026 The Associated Press. All rights reserved. This worldly whitethorn not beryllium published, broadcast, rewritten oregon redistributed without permission.

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