On GPS: Exclusive Israeli foreign minister on Iran strikes
Guest anchor Bianna Golodryga speaks to Israeli Foreign Minister Gideon Sa'ar about why Israel decided to strike Iran and whether it had US support.
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Newsweek
32 minutes ago
- Newsweek
US Deploys Aircraft Carrier USS Nimitz Over Iran-Israel Conflict
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The U.S. Navy's aircraft carrier USS Nimitz departed the South China Sea Monday morning, canceling a planned port call in central Vietnam as it changed course westward toward the Middle East. At the same time, over 30 U.S. Air Force aerial-refueling tankers took off from American bases, heading east across the Atlantic. Officials have described some of these movements as routine or related to NATO exercises in Europe. The U.S. State Department has denied any direct U.S. involvement in Israeli airstrikes against Iran and emphasized that U.S. support for Israel is limited to defensive measures. Newsweek has reached out to U.S. Central Command (CENTCOM) and Iran's foreign ministry for comment. Why It Matters The repositioning of U.S. military assets comes as the Israel-Iran conflict enters its fourth day, after Israel launched strikes on Iranian territory last week. Iran responded with missile attacks on Israeli cities, with civilian casualties reported on both sides. The U.S. is moving forces to safeguard its personnel and prepare for potential escalation as the conflict deepens. The U.S. Navy's nuclear-powered aircraft carrier USS Nimitz departs a naval base in Busan, South Korea, Sunday, April 2, 2023. The U.S. Navy's nuclear-powered aircraft carrier USS Nimitz departs a naval base in Busan, South Korea, Sunday, April 2, 2023. Cha Geun-ho/AP Photo What to Know The USS Nimitz was scheduled to visit Danang City, Vietnam, later this week. However, a formal reception set for June 20 was canceled due to an "emergent operational requirement," according to the U.S. Embassy in Hanoi. The aircraft carrier had recently completed maritime security operations in the South China Sea as part of what the U.S. Pacific Fleet described as the Navy's "routine presence in the Indo-Pacific." Following the cancellation, ship tracking data confirmed the vessel was moving west toward the Middle East. The map shows the latest confirmed position of the Nimitz. Massive U.S. Tanker Deployment Meanwhile, more than 30 KC-135 and KC-46 aerial-refueling aircraft departed U.S. bases early Monday, crossing the Atlantic, according to data from Such tankers are required to refuel aircraft participating in strikes far away from their home country, such as the Israeli jets hitting Iran. However, U.S. officials stated that the tankers may participate in a scheduled NATO exercise in Europe. The State Department has instructed American diplomats to reassure host governments that the U.S. is not supporting Israeli air operations in Iran, and has not provided any refueling assistance to Israeli aircraft. The department also emphasized that U.S. support for Israel remains limited to defensive measures. Whoa, a major military airlift appears to now be underway, as an unprecedented number of U.S. Air Force KC-135 and KC-46 Aerial-Refueling Tankers have departed from airbases across the United States and appear to be preparing to cross the Atlantic towards Europe. — OSINTdefender (@sentdefender) June 16, 2025 Iran Says US Complicit At a Monday press conference, Iranian Foreign Ministry spokesperson Esmaeil Baqaei accused the U.S. of complicity in Israel's attack on Iran, saying, "the American policymakers are part of this act of aggression." He said the strikes used U.S.-supplied weapons and called the attack a violation of international norms. Baqaei added Washington's involvement has "practically made" negotiations with Tehran meaningless and urged the U.S. to acknowledge the aggression. Smoke rises from an oil storage facility after it appeared to have been struck by an Israeli strike on Saturday, in Tehran, Iran, Monday, June 16, 2025. Smoke rises from an oil storage facility after it appeared to have been struck by an Israeli strike on Saturday, in Tehran, Iran, Monday, June 16, 2025. Vahid Salemi/AP Photo What People Are Saying U.S. Secretary of State Marco Rubio: "We are not involved in strikes against Iran and our top priority is protecting American forces in the region." Iranian Foreign Ministry spokesperson Esmaeil Baqaei: "The American policymakers are part of this act of aggression." What Happens Next The redeployment of the USS Nimitz toward the Middle East and the movement of aerial-refueling tankers underscore the U.S. military's heightened state of readiness amid the escalating war between Iran and Israel. This development coincides with the ongoing G7 summit, where leaders are discussing diplomatic efforts to de-escalate the conflict. President Donald Trump has warned Iran of severe consequences if American assets are targeted, while reaffirming support for Israel's right to self-defense.
Yahoo
34 minutes ago
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq rise, oil slips as Israel-Iran conflict enters 4th day
US stocks climbed on Monday, eyeing a rebound as jitters over a widening in the Israel-Iran conflict started to recede despite exchanges of missile strikes throughout the weekend. The Dow Jones Industrial Average (^DJI) rose 0.6%, while the S&P 500 (^GSPC) also moved up 0.6%. The Nasdaq Composite (^IXIC) gained 0.8%. The cautious optimism follows a bruising Friday session that saw the Dow plunge more than 700 points in a broad risk-off move. Meanwhile, oil (CL=F) prices edged lower after jumping in the wake of the latest attacks, having surged last week to their highest levels since January. The geopolitical flare-up comes at a delicate moment for markets already buffeted by tariff insecurity. Friday's selloff dragged the major US indexes into negative territory for the week. Read more: The latest on Trump's tariffs Now investors are regaining some appetite for risk amid rising optimism that the conflict won't spill over into a broader regional crisis. President Trump said on Sunday there's a "good chance" of an Israel-Iran peace deal, but the hostilities may need to play out first. 'Sometimes they have to fight it out, but we're going to see what happens,' he told reporters. A measure of calm is also returning to the oil market, rattled by fears of disruption to the global energy supply. After spiking initially, prices pushed down nearly 2% to pull Brent crude (BZ=F) to just under $73 a barrel and WTI crude to below $72 a barrel. Gold (GC=F) prices also pulled back, having rallied alongside oil as it drew safe-haven flows amid rising volatility. The precious metal traded lower at around $3,443 an ounce. On the trade front, the EU is reportedly ready to accept US tariffs of 10% across all its exports — the baseline for Trump's "reciprocal" hikes — as the president puts pressure on trading partners to reach a deal. The offer is a bid to avert higher rates on cars, drugs, and electronics, Handelsblatt reported. Looking ahead, markets overwhelmingly expect the Fed to hold rates steady on Wednesday. While President Trump has maintained pressure on Chair Jerome Powell to cut rates, current market dynamics may leave little room to budge. The major averages opened higher on Monday, while oil pulled back as the Israel-Iran conflict entered its fourth day. The Dow Jones Industrial Average (^DJI) gained about 0.5%, while the S&P 500 (^GSPC) moved up 0.6%. The tech-heavy Nasdaq Composite (^IXIC) rose 0.7%. Oil (CL=F), which rose sharply on Friday, pulled back as traders assessed the scope of the ongoing conflict between Israel and Iran. Investors are focusing this week on the Federal Reserve meeting and policy decision. Market participants overwhelmingly expect policymakers to hold interest rates steady on Wednesday. Strategy (MSTR), the largest corporate holder of bitcoin, reported in a filing to the Securities and Exchange Commission that it purchased $1.05 billion worth of bitcoin between June 9 and June 15. Strategy, which is chaired by crypto tycoon Michael Saylor, has spent $41.8 billion to purchase 592,000 bitcoins since 2020, holding the cryptocurrency as its primary treasury reserve asset. Shares of MSTR rose 1.4% in premarket trading. The stock is up roughly 3,000% since the software firm first bought bitcoin on Aug. 10, 2020. Northrop Grumman (NOC), RTX (RTX), and Lockheed Martin (LMT) traded roughly flat in premarket Monday after rallying in the prior trading session. The defense stocks had climbed Friday after Israel launched a series of airstrikes on Iran, raising tensions in the Middle East and heightening fears of a broader regional conflict. Northrop Grumman stock gained nearly 4%, while Lockheed Martin and RTX shares rose over 3%. The three companies supply weapons to Israel through contracts with the US government. Palantir (PLTR) rose a more modest 1.6% Friday but was up 2.2% before the market open Monday. Shares of Sarepta (SRPT) plunged 40% in premarket trading on Monday after the company said a second patient died of liver failure while taking its experimental gene therapy, Elevidys. Sarepta paused its clinical trial and halted shipments of the treatment to patients who are unable to walk. News of the death comes after another patient died of acute liver failure in March, which raised concerns over the drug's safety. The therapy is used to treat Duchenne muscular dystrophy, a rare muscle disorder. The focus at this week's Federal Reserve meeting is on whether policymakers are still committed to two interest-rate cuts this year, Yahoo Finance's Jennifer Schonberger reports: Read more here. Here are some of the biggest stories you may have missed over the weekend and early this morning: Economic data: Empire manufacturing activity (June) Earnings: No notable earnings. How many Fed cuts ahead? We (and Trump) are about to find out. EU set to accept flat 10% US tariff — with conditions Mideast tensions, Fed's 'dot plot': What to know this week Oil erases gain as Iran-Israel attacks spare critical flows Why Wall Street doesn't see Fed rate cuts coming anytime soon Investors shun long-term US bonds as rate-cut hopes fade Israel-Iran attacks enter 4th day with no deal in sight Here are some top stocks trending on Yahoo Finance in premarket trading: United States Steel Corporation (X) stock was up 5% before the bell on Monday after President Trump approved of Japan's Nippon Steel's take over of the company. Trump the gave the green light to the $14.9B bid for US Steel on Friday, removing a key hurdle in Nippon's 18-month pursuit of the business. Kering's ( Paris-listed shares rose 9% in premarket trading on Monday, after reports emerged that Renault's chief executive, Luca de Meo would become head of the French luxury goods group Gucci. Tesla (TSLA) stock was up 1% on Monday before the bell, rebounding from losses earlier in the Month due to CEO Elon Musk and President Trump's feud. Renault's ( stock dropped over 6% on news that its CEO Luca de Meo has decided to leave. The Italian who turned around the French automaker has been recruited by Kering (PPXB.F, PPRUF) to perform a similar feat at the luxury goods maker, according to Bloomberg. Shares of Kering rose almost 10% in Paris as investors welcomed the report that de Meo will be appointed as the Gucci owner's CEO in coming days. Bloomberg reports: Read more here. Greetings from Cannes Lions, where I am stationed for the week talking with top advertising execs, sports stars and CEOs. Tough assignment! I have found this event to be very useful each year in helping to understand the economy into year end. You would be surprised how forward-looking market spend trends are at the world's biggest companies. To that end, I just got off set with Disney's (DIS) president of global advertising Rita Ferro — one of the top names in the marketing industry. I asked her if a slowing US economy and general macro volatility were beginning to chip away at ad budgets. She wasn't super bullish about ad spending — more cautiously optimistic. Businesses are buying ads once they see they need them, rather than making large commitments on ad spend early, she suggested. "I think people are being very intentional where they spend money," Ferro tells me. "I would say they're [the data points she watches] not recessionary. We see much closer in buying." Gold prices rose as the conflict erupting between Israel and Iran pushed investors toward safe-haven assets in a broader risk-off move. Bloomberg reports: Read more here. Oil continues to gain as Israel and Iran enter the fourth consecutive day of missile strikes between the warring nations. Iran is the third largest oil producer in OPEC+ and controls the Strait of Hormuz, an essential supply route for oil worldwide. Bloomberg reports: Read more here. The major averages opened higher on Monday, while oil pulled back as the Israel-Iran conflict entered its fourth day. The Dow Jones Industrial Average (^DJI) gained about 0.5%, while the S&P 500 (^GSPC) moved up 0.6%. The tech-heavy Nasdaq Composite (^IXIC) rose 0.7%. Oil (CL=F), which rose sharply on Friday, pulled back as traders assessed the scope of the ongoing conflict between Israel and Iran. Investors are focusing this week on the Federal Reserve meeting and policy decision. Market participants overwhelmingly expect policymakers to hold interest rates steady on Wednesday. Strategy (MSTR), the largest corporate holder of bitcoin, reported in a filing to the Securities and Exchange Commission that it purchased $1.05 billion worth of bitcoin between June 9 and June 15. Strategy, which is chaired by crypto tycoon Michael Saylor, has spent $41.8 billion to purchase 592,000 bitcoins since 2020, holding the cryptocurrency as its primary treasury reserve asset. Shares of MSTR rose 1.4% in premarket trading. The stock is up roughly 3,000% since the software firm first bought bitcoin on Aug. 10, 2020. Northrop Grumman (NOC), RTX (RTX), and Lockheed Martin (LMT) traded roughly flat in premarket Monday after rallying in the prior trading session. The defense stocks had climbed Friday after Israel launched a series of airstrikes on Iran, raising tensions in the Middle East and heightening fears of a broader regional conflict. Northrop Grumman stock gained nearly 4%, while Lockheed Martin and RTX shares rose over 3%. The three companies supply weapons to Israel through contracts with the US government. Palantir (PLTR) rose a more modest 1.6% Friday but was up 2.2% before the market open Monday. Shares of Sarepta (SRPT) plunged 40% in premarket trading on Monday after the company said a second patient died of liver failure while taking its experimental gene therapy, Elevidys. Sarepta paused its clinical trial and halted shipments of the treatment to patients who are unable to walk. News of the death comes after another patient died of acute liver failure in March, which raised concerns over the drug's safety. The therapy is used to treat Duchenne muscular dystrophy, a rare muscle disorder. The focus at this week's Federal Reserve meeting is on whether policymakers are still committed to two interest-rate cuts this year, Yahoo Finance's Jennifer Schonberger reports: Read more here. Here are some of the biggest stories you may have missed over the weekend and early this morning: Economic data: Empire manufacturing activity (June) Earnings: No notable earnings. How many Fed cuts ahead? We (and Trump) are about to find out. EU set to accept flat 10% US tariff — with conditions Mideast tensions, Fed's 'dot plot': What to know this week Oil erases gain as Iran-Israel attacks spare critical flows Why Wall Street doesn't see Fed rate cuts coming anytime soon Investors shun long-term US bonds as rate-cut hopes fade Israel-Iran attacks enter 4th day with no deal in sight Here are some top stocks trending on Yahoo Finance in premarket trading: United States Steel Corporation (X) stock was up 5% before the bell on Monday after President Trump approved of Japan's Nippon Steel's take over of the company. Trump the gave the green light to the $14.9B bid for US Steel on Friday, removing a key hurdle in Nippon's 18-month pursuit of the business. Kering's ( Paris-listed shares rose 9% in premarket trading on Monday, after reports emerged that Renault's chief executive, Luca de Meo would become head of the French luxury goods group Gucci. Tesla (TSLA) stock was up 1% on Monday before the bell, rebounding from losses earlier in the Month due to CEO Elon Musk and President Trump's feud. Renault's ( stock dropped over 6% on news that its CEO Luca de Meo has decided to leave. The Italian who turned around the French automaker has been recruited by Kering (PPXB.F, PPRUF) to perform a similar feat at the luxury goods maker, according to Bloomberg. Shares of Kering rose almost 10% in Paris as investors welcomed the report that de Meo will be appointed as the Gucci owner's CEO in coming days. Bloomberg reports: Read more here. Greetings from Cannes Lions, where I am stationed for the week talking with top advertising execs, sports stars and CEOs. Tough assignment! I have found this event to be very useful each year in helping to understand the economy into year end. You would be surprised how forward-looking market spend trends are at the world's biggest companies. To that end, I just got off set with Disney's (DIS) president of global advertising Rita Ferro — one of the top names in the marketing industry. I asked her if a slowing US economy and general macro volatility were beginning to chip away at ad budgets. She wasn't super bullish about ad spending — more cautiously optimistic. Businesses are buying ads once they see they need them, rather than making large commitments on ad spend early, she suggested. "I think people are being very intentional where they spend money," Ferro tells me. "I would say they're [the data points she watches] not recessionary. We see much closer in buying." Gold prices rose as the conflict erupting between Israel and Iran pushed investors toward safe-haven assets in a broader risk-off move. Bloomberg reports: Read more here. Oil continues to gain as Israel and Iran enter the fourth consecutive day of missile strikes between the warring nations. Iran is the third largest oil producer in OPEC+ and controls the Strait of Hormuz, an essential supply route for oil worldwide. Bloomberg reports: Read more here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
39 minutes ago
- Yahoo
Israel's Vaunted Air Shield Tested as Iran Rains Down Missiles
(Bloomberg) -- As Iran fires masses of ballistic missiles, Israel's vaunted air defenses are being tested like never before. Shuttered NY College Has Alumni Fighting Over Its Future Do World's Fairs Still Matter? As Part of a $45 Billion Push, ICE Prepares for a Vast Expansion of Detention Space As American Architects Gather in Boston, Retrofits Are All the Rage Iran launched around 200 such missiles at Israel on Friday night — in retaliation for a wave of Israeli strikes that day — and 70 or so on Saturday evening, according to the Israel Defense Forces. More came on Sunday and Monday. In total, Tehran's sent 370 ballistic missiles toward Israel, with around 30 hitting targets in the country, the Israeli government says. They have killed 24 people and injured almost 600. Towns such as Rishon LeZion and Bat Yam near Tel Aviv have suffered extensive damage to homes. Haifa, a port city in the north, has been heavily targeted, as has central Tel Aviv. Iran has also launched hundreds of drones, which have been more easily intercepted. 'We have some good defense systems, but they're not hermetically sealing the skies,' Israel's ambassador to the US, Yechiel Leiter, told ABC on Sunday. 'About 10% to 15% of these ballistic missiles get through.' That's in line with the Israeli military's expected 'leakage rate.' The US, while not joining Israel in striking Iran, is helping its ally intercept Tehran's missiles, with each wave costing millions of dollars to defend against. The attacks by Iran since Friday have been far deadlier and more damaging than when the Islamic Republic fired missiles and drones at Israel in April and October last year. Back then, Iran concentrated mostly on military and intelligence targets. This time around, its firing larger numbers of projectiles and more are heading toward civilian areas. Israel has faced barrages of missiles and drones before from Iran-backed groups such as Hamas in Gaza and Hezbollah in Lebanon. But neither possesses the sophisticated ballistic projectiles fired by Iran, which travel at much faster speeds, carry heavier explosives, can maneuver mid-air and spend much of their flying time outside the Earth's atmosphere, making them difficult to intercept. The Houthis in Yemen have fired such missiles at Israel, but usually no more than one at a time. On Sunday, Prime Minister Benjamin Netanyahu warned Israelis there would be further attacks in the coming days from Iran and urged them to rush to bomb shelters when air-raid sirens sound or they get phone alerts. Stopping Iran from firing missiles is a top priority for the IDF. It has tried to target launch sites since Friday and officials have said that roughly a third — or 120 — of them have been taken out. Netanyahu says Israel is in 'an existential campaign' that aims to set back Iran's nuclear program by years, if not forever. Iran's Supreme Leader Ayatollah Ali Khamenei has said Israel will 'pay a very heavy price' for its strikes, which have killed 224 people, including top generals and atomic scientists, according to the Iranian government. Iran still has thousands of missiles left that can reach Israel, National Security Adviser Tzachi Hanegbi told Israel's Army Radio on Monday. That's more than the figure of 2,000 suggested by comments from many Israeli officials in recent weeks. Yet, even if the lower number is accurate, Iran can still launch salvos for several days, if not weeks. One major advantage for Israel is that it has blunted the firepower of Hezbollah and Hamas in its wars with them since October 2023. Around 2011, former Prime Minister Ehud Barak said 500 people could be killed in Israel by retaliatory attacks if his government hit Iranian nuclear sites. But he included rockets from Hezbollah and Hamas in his assessment. Even a 90% rate of interception doesn't mean life continues as normal for Israelis. Schools have closed at least through this week, and more than 100,000 people are stranded abroad after the country's airspace was closed on Friday. There's also the steep expense of the interceptions, even if the government says the damage from failing to stop missiles would be much costlier. Each of Israel's Arrow interceptor missiles, the ones typically needed to shoot down ballistic projectiles, costs around $2 million to $3 million. Often, more than one is launched toward each ballistic missile to increase the chances of it being hit. In April last year, Bloomberg reported that it probably cost Israel — as well as the American, British, French and Jordanian air forces — around $1.1 billion to foil Iran's attack. That was for a few hours' work. This conflict has already lasted much longer. And there's no sign of a let up yet. --With assistance from Dan Williams and Marissa Newman. American Mid: Hampton Inn's Good-Enough Formula for World Domination The Spying Scandal Rocking the World of HR Software New Grads Join Worst Entry-Level Job Market in Years As Companies Abandon Climate Pledges, Is There a Silver Lining? How a Tiny Middleman Could Access Two-Factor Login Codes From Tech Giants ©2025 Bloomberg L.P. Sign in to access your portfolio
