The Latest Breaking News from Iran

Iranian lawmaker says Tehran considering closing waterway, described as ‘world’s most important oil transit chokepoint’.

The Prime Minister said military assets were being sent to the region following an exchange of strikes and missile attacks by Israel and Iran.

An Iranian lawmaker said closure of the Strait of Hormuz, a critical chokepoint in the global energy trade, was under serious consideration.

A sixth round of nuclear talks between Tehran and Washington planned for this weekend has been cancelled, mediator Oman said Saturday, following waves of Israeli attacks on Iran.

Iran is retaliating against Israel.

Israel said Friday's barrage was necessary before Iran got any closer to building a nuclear weapon, although experts and the US government have assessed that Tehran was not actively working on such a weapon before the strikes.

The major escalation in the Middle East dragged down futures tied to the Dow Jones Industrial Average by 504 points, while S&P 500 futures and Nasdaq 100 futures declined by 1.25% and 1.35%, respectively.

In the aftermath of Iran's retaliatory strikes, Israelis expressed a variety of reactions. Some were defiant, saying that nothing will deter them, while others displayed frustration and sorrow at the overall situation.

The latest escalation in tensions between Israel and Iran is arguably the most significant among a slew of flare ups, involving both state and non-state actors, in West Asia in the last two years. Even if these conflicts have been seen as the spillover of the Gaza conflict, each one…