US President Donald Trump made a direct diplomatic push to prevent a new escalation between Israel and Iran, urging Prime Minister Benjamin Netanyahu not to retaliate following Iran's missile attack on Israel, reported Axios, citing a senior US official and an Israeli source. "Each of them had their fun. Israel had its strike, and Iran had its strike. We don't need another one," Trump earlier told Axios as he said he planned to call Netanyahu to urge him not to retaliate. The intervention comes as a fragile ceasefire in the Middle East faces renewed pressure. Iran launched multiple missiles towards Israel on Sunday in response to Israeli airstrikes on Beirut's southern suburbs. Israeli officials said the missiles were intercepted and caused no significant damage. ALSO READ: Stock Market Today: All You Need To Know Going Into Trade On June 8 Trump sought to downplay the Iranian attack, arguing that further military action would only deepen a conflict that has persisted for decades. "The Iranian strikes didn't hurt anybody," he said. "Hopefully Israel is not going to retaliate. If Bibi strikes them back, it's just gonna keep going like the last 47 years- or the last 3,000 years." The president's appeal reflects growing concern within the White House that renewed fighting could derail ongoing negotiations with Tehran. Trump said the United States is close to reaching a breakthrough agreement with Iran and warned that another round of strikes could jeopardise those efforts. "We are very close to a final deal with Iran. It is going to be a good deal. I don't want it to blow up because of what is happening now," Trump said, Axios reported. The administration has also signalled that it does not support further escalation. A US official told Axios, "We are not part of this," highlighting Washington's reluctance to become involved in any Israeli retaliation. Israel, however, has indicated it is weighing its options. IDF spokesman Brig. Gen. Effie Defrin said military leaders were reviewing response plans, adding that Iran had made "a grave mistake" and warning that Israel would continue operations against Hezbollah targets in Beirut. Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
US President Donald Trump made a direct diplomatic push to prevent a new escalation between Israel and Iran, urging Prime Minister Benjamin Netanyahu not to retaliate following Iran's missile attack on Israel, reported Axios, citing a senior US official and an Israeli source. "Ea…
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A tanker identified as the Kaifan was struck by an unknown projectile northeast of Oman’s Limah in the Strait of Hormuz, according to a July 21 report from UK Maritime Trade Operations. No ships were observed transiting the strait that day. Attribution of the strike and links to prior incidents have not been confirmed by the vessel’s owner.
Goldman Sachs has projected Brent crude averaging $80 per barrel in the fourth quarter and $75 in the following year, conditional on reduced Middle East tensions, while noting upside risks from potential shipping disruptions in the Strait of Hormuz or Red Sea.
Brent prices rose above $91 per barrel amid recent U.S.-Iran exchanges and Houthi threats to Saudi shipments before edging lower on Tuesday. A senior Iranian official told Reuters that mediators had proposed a 10-day ceasefire to preserve an interim agreement.
Opening summary: Iran claims attacks on strait of Hormuz ships amid fresh US strikes Welcome to our live coverage of the latest developments in the Middle East crisis. Iran attacked a tanker in the strait of Hormuz early on Tuesday, forcing its crew to abandon the ship, as Yemen’s Iran-backed Houthis announced they were imposing an immediate maritime blockade of Saudi Arabia in the Red Sea after the two sides traded fire last week for the first time in years.
A Houthi official said the Bab al-Mandeb strait – at the southern end of the Red Sea, through which about 12% of the world’s trade usually passes – would be closed to the Saudis in response to the kingdom’s “unjust blockade on Yemenis for over 10 years”.
Saudi Arabia said it would take “all necessary measures to protect its vessels in accordance with international law”. A 10 consecutive night of US airstrikes has not compelled Tehran to loosen its grip on the strait of Hormuz, a vital route for global energy supplies.
But even as Iran’s president said the country had returned “full-scale war”, the Iranian interior minister travelled to Pakistan – a key mediator in the conflict – for talks. In key developments: The latest US strikes came hours after Donald Trump said Iran would pay “many times over” for killing US soldiers after multiple service members were killed in action over the weekend.
A tanker came under attack early Tuesday in the Hormuz strait off Oman, forcing the crew to abandon the vessel, the British military’s United Kingdom Maritime Trade Operations centre said. Iran’s Revolutionary Guards claimed the attack as well as two other attacks on ships in the waterway on Monday.
The US military’s Central Command said its latest airstrikes were to “degrade” Iran’s ability to attack commercial shipping in the strait and included hitting military command centres and missile and drone launch sites. Iranian media reported strikes in parts of the country including Bandar Abbas, Tabriz and Bushehr, home to the country’s only operational civilian nuclear power.
Iran’s launched attacks in response against Bahrain, Kuwait and Jordan, which all host US forces. Oil prices softened after hitting their highest levels in more than a month in the previous session. Brent crude futures eased 0.4% to $88.87 a barrel by 0052 GMT on Tuesday while US West Texas Intermediate crude for September delivery was steady at $82.
47 a barrel. Democrats have seized on the deaths of three US troops killed in Iranian strikes to urge Trump to urgently reverse his resumption of the war with Iran amid widespread anxiety over climbing casualties. The Lebanese army began taking charge of security in three southern villages, the US said, as a deal to secure an Israeli withdrawal from southern Lebanon and the disarmament of Hezbollah faced its first test on the ground.
US forces struck the tanker Settebello in the Gulf of Oman on June 10, killing three Indian crew members when munitions hit the engine room and adjacent areas. Maritime tracking data indicate the vessel had transported Iranian oil under US sanctions for several years and conducted offshore transfers prior to the strike.
The US military described the action as a precision operation, while reports note the ship was stationary at the time.