News

No sirens sounded in areas where long-range projectiles fired from Lebanon ultimately hit; IDF stresses 'not a new threat' The post IDF: ‘Isolated failure’ allowed Hezbollah missiles to strike satellite station, Ramle appeared first on The Times of Israel.

Iran war: Israel's president Herzog calls 'cost' for business the price for Middle East peace  CNBC

Donald Trump signaling Iran war exit, Israel might not be ready  The Jerusalem Post

Is the Iran war ending soon? What Trump has said  USA Today

As thumping techno music reverberated around a basement in downtown Tel Aviv, some 200 Israeli twentysomethings danced through the night despite the war with Iran upending life above. While missile alerts and piercing sirens have become a regular occurrence for Israelis since the conflict started 11 days ago, a few happy revellers have been getting the party started in bomb shelters converted into night clubs. "Dancing in difficult times is a relief. It gives us strength," said Ruben Chekroun, one of the organisers of these semi-clandestine dance nights.

US spent $5.6 billion on munitions in first two days of Iran war, Trump administration says US President Donald Trump's administration said it used $5.6 billion in munitions during the first two days of strikes against Iran in a report provided to US congressional committees, a source familiar with the information said on Tuesday. Members of Congress have expressed concern that the conflict will deplete US military stocks at a time when the defence industry is already struggling to keep up with demand.

‘It’s so impossible to live with’: Former Goldman Sachs CEO Blankfein says the Iran war won’t last long  Fortune

Oil prices sank and equities pushed higher Tuesday following a wild day of swings that came after President Donald Trump signalled that the US-Israeli war on Iran could end sooner than thought. International oil benchmark, Brent North Sea crude, plunged 9.6 percent to $89.44 a barrel, a day after it neared $120. The drop in oil prices gathered pace as member states of the International Energy Agency met for crisis talks to assess "the current security of supply" and the potential release of emergency stocks.

While tourists and non-essential diplomats scramble to leave the Gulf as Iran retaliates across the region for US and Israeli airstrikes, many expatriates in the glittering hubs of Dubai and other Gulf cities are sitting tight. Several told AFP that, although work and leisure routines were disrupted by the frequent launches of Iranian missiles and drones, they felt it was safe enough to stay -- and hope for a speedy end to the war. - 'Unsettling' but 'calm' reigns -

In a time of war with Iran, Americans unite in aggravation over sticker shock at the gas pump  AP News

The Israeli military says it targeted a meeting of Quds Force operatives in a strike after a return to war with the Lebanese group Hezbollah.

A small crew of enthusiasts takes a timeout from Iranian missiles to watch the country compete on the global stage and have a chance to feel 'normal', at least for a few hours The post Swatting away war, Team Israel fans in Jerusalem find nine innings of refuge in baseball appeared first on The Times of Israel.

Israel says Iran has been firing cluster munitions throughout their 10-day war — adding a complicated and deadly challenge to Israel’s already stretched air defenses

Egyptians watched their everyday costs surge on Tuesday after the government raised fuel prices, blaming spiralling global energy markets due to the US-Israeli war on Iran. Hours after price hikes of up to 30 percent were announced in the middle of the night, a Cairo market bustled with buyers and vendors fretting over vegetable prices and transport fares. "The cost of everything is going up and up. It's been a week now that prices have already been rising," said Om Mohamed, a mother of six whose daily commute cost went up nearly 30 percent on Tuesday.

Citadel and ExodusPoint stung by Iran war turmoil  Financial Times

Pete Hegseth says Donald Trump controls the pace of the war, but acknowledges that Israel has its own objectives.

Hegseth: War won't end until 'enemy is decisively defeated'; top US general: Iran is not 'more formidable than we thought'; Netanyahu: We want to help Iranians 'throw off yoke of tyranny' The post US defense secretary warns of ‘most intense day’ of strikes on Iranian targets appeared first on The Times of Israel.

US officials have vowed to escalate the campaign against Iran while Gulf states reported a barrage of attacks targeting their territory.