The Latest Breaking News from Iran

Residents in more than 20 towns told to leave, in sign of potential expansion of air and ground assault against Hezbollah. It comes as US president Joe Biden says Washington ‘discussing’ the possibility of Israel striking Iranian oil sites

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Israel has several possible targets including military, economic or even nuclear sites, but all come with caveats

Iran launched a retaliatory missile barrage on Israeli military infrastructure Tuesday in response to Israel’s killing of Hezbollah chief Hassan Nasrallah last week and Hamas political leader Ismail Haniyeh in July. The largely thwarted attack was seen by many as an attempt to restore the Islamic Republic’s capacity to deter…

Iran's missile barrage at Israel this week was meant as a warning that the Islamic republic can hit Israeli territory, but has instead exposed Iranian military limitations, analysts say.

As we near the first anniversary of the October 7 attack on Israel, the conflict in the Middle East has escalated significantly. Iran just launched nearly 200 missiles on Israel, and Israel has continued its fight against Hezbollah in Lebanon, and Hamas in Gaza.

There’s a risk of “immediate, massive implications” if either side starts to target oil infrastructure.

Nov WTI crude oil (CLX24 ) today is up +2.68 (+3.82%), and Nov RBOB gasoline (RBX24 ) is up +7.77 (+3.91%). Crude oil and gasoline prices surged today to 1-month highs on concern Israel may target Iran's oil industry in retaliation for its missile attack on Israel. Crude prices also...

But the president appeared open to Israel targeting Iran's oil reserves in retaliation for Tuesday's missile attack

Israel's military said Thursday it had hit Hezbollah's intelligence headquarters in the Lebanese capital, as troops battled militants near the border and warplanes bombarded their strongholds around the country.

Oil prices rose and major stock markets mostly retreated Thursday as investors reacted to fears of widening conflict in the Middle East and awaited a key US jobs report.