Iran fired a salvo of ballistic missiles at Israel on Tuesday in retaliation for Israel's campaign against Tehran's Hezbollah allies in Lebanon. Israeli army radio said nearly 200 missiles had been launched into Israel from Iran.
Most stocks held firm on Wednesday, while oil prices and some safe haven assets rose, suggesting that the market impact of escalating Middle East tensions has been contained for now.
Iran's paramilitary Revolutionary Guard claimed that 90 per cent of missiles it launched against Israel hit their targets successfully. However, Israel said the majority of the incoming missiles were intercepted by Israel and a defensive coalition led by the United States.
Considering the looming threat of a widened war in the Middle East, the Pentagon on Sunday ordered the deployment of guided missile submarines.
The suspected Israeli attack on the Iranian embassy in Syria and Tehran's subsequent retaliation have sparked global alarm over a possible all-out war in the Middle East. Israel has warned that Iran's missile and drone attacks will be met with a response and Tehran has threatened a harsher response.
Iran launched 300 missiles and drones in retaliation for an airstrike on its embassy compound in Damascus on April 1, that killed 12 including a military commander. The world is now on edge for a possible Israeli retaliation that is certain to escalate into a wider conflict in the Middle East.
Cameron's statement marks the starkest warning of a further escalation of tensions in the region after Iran directly attacked Israel on Saturday for the first time in decades. Iran launched some 300 missiles and drones in retaliation for a suspected Israeli attack on an Iranian embassy in Syria.
While Israeli leaders have hinted at retaliation, the government is under heavy international pressure not to further escalate the conflict — especially after the Iranian strike caused such little damage.
G-7 leaders released a joint statement after a conference call among them initiated by US President Joe Biden. Their emergency meeting commenced hours after Iran's rare airstrike against Israel.
The statement came after Iran’s Foreign Minister Hossein Amirabdollahian said his country has no intention of continuing the military operation against Israel but added it would respond if the US and Israel plan any counterattack on Tehran.
While speaking over the phone, the US President staunchly told Netanyahu that he "would not help Israel", if the military attempted any aggression against Tehran.
The Iron Dome is part of a larger multi-layer air-defence system that includes the Arrow, which intercepts long-range ballistic missiles, and also David’s Sling, which intercepts medium-range missiles such as those believed to be possessed by Hezbollah in Lebanon. Read the full story to know more.
According to PM Netanyahu, the rejection of the proposals showed that Yahya Sinwar, the leader of Hamas in Gaza, did not want a deal and was trying to exploit tensions with Iran and bring about a regional escalation of the conflict.
American forces in the Middle East have been attacked more than 150 times by Iran-backed forces in Iraq, Syria, Jordan and off the coast of Yemen since the Israel-Hamas war erupted in October.
Pakistan and Iran on Friday agreed to tone down tensions to the spirit of 'mutual trust and cooperation' after tit-for-tat missiles against each other. watch the video to know more!
The tit-for-tat strikes are the highest-profile cross-border intrusions in recent years and have raised alarm over wider instability in the Middle East since the war between Israel and Hamas erupted on October 7.
Pakistan carried out a retaliatory attack by hitting militant targets in Iran, a day after warning Tehran of "serious consequences" for an "unprovoked breach of airspace" in the latter's aerial attacks in Balochistan that killed two children.
The military operation that Pakistan dubbed "Operation Marg Bar Sarmachar" killed at least seven people including three women and four children in iran's Sistan-Baluchestan province. However, Iranian media claimed at least nine people were killed in the airstrike.
Calling Iran's action on Pakistan-originated militant organisation a "great" and "courageous" move, Afghanistan former official Amrullah Saleh shared an interesting conversation between him and former President of Pakistan, General Pervez Musharraf.
A day after Pakistan claimed Iran of violating its airspace, Islamabad announced to expel the Iranian ambassador while recalling its envoy from Tehran.
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