Oil up 13% after Israel attack on Iran; Asian stocks fall
TOKYO -- Oil prices jumped and Asian stocks dropped Friday after Israel's attack on Iran escalated political tensions, affecting risk sentiment.
Israel said early Friday that it had launched "preemptive strikes" against Iran, and Reuters reported that the attacks targeted Iranian nuclear and military sites. Israel said Iran launched more than 100 drones toward Israel in response to the attack.
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Yomiuri Shimbun
25 minutes ago
- Yomiuri Shimbun
Airstrikes against Iran: Israeli Offensive Deepens Crisis in The Middle East
The Middle East is facing a critical situation that could plunge the entire region into the maelstrom of war. A full-scale war between military powers in the region must be avoided at all costs. The Israeli military used fighter jets to launch airstrikes against Iranian nuclear-related, military and other facilities. In addition to the capital Tehran, the targets included Natanz in central Iran, where a uranium enrichment facility is located, and Khondab in western Iran, where a heavy water reactor is located. The commander of the elite Revolutionary Guard military organization was also killed. Israeli Prime Minister Benjamin Netanyahu has indicated that the operation will continue for the time being. This is the third time Israel has attacked Iran since April last year, but the latest attacks are the first to target Iran's nuclear facilities. The obvious aim is to deal a blow to Iran's nuclear development program. Iran is accelerating its program to enrich uranium, which can be used to make nuclear weapons. It is believed that Iran already possesses enough uranium for nine nuclear bombs. The United States, which aims to stop Iran from acquiring nuclear weapons, has been engaged in negotiations with Iran since this spring. Amid this situation, Israel went ahead and resorted to military force. It appears that Israel did so to prevent negotiations from progressing in a way that is favorable to Iran. Israel has been carrying out indiscriminate attacks in the Palestinian territory of Gaza, exacerbating the humanitarian crisis and isolating itself from the international community. With the latest attacks, it is inevitable that Israel will face criticism for expanding the conflict and further destabilizing the region. In a statement, Iran's Supreme Leader Ayatollah Ali Khamenei declared large-scale retaliation. Israel announced it had intercepted over 100 drones launched from Iran. If the exchange of attacks continues, the situation could spiral out of control. Both countries are urged to exercise maximum restraint. Prior to Israel's attacks, U.S. President Donald Trump warned that 'there's a chance of massive conflict.' It is difficult to understand why the United States, informed in advance by Israel, accepted the attacks. This can be described as a situation that exposes the decline of U.S. influence. After Israel's attacks, U.S. Secretary of State Marco Rubio urged Iran not to target U.S. interests such as military forces deployed in the Middle East. However, if Iran retaliates, the U.S. military will have no choice but to move to support Israel, potentially getting drawn into the fighting. Immediately after the attacks, oil prices surged. The Strait of Hormuz off the coast of Iran is a major artery for oil transportation. Japan, in particular, relies on the Middle East for 90% of its oil imports, and the impact from the latest development is cause for concern. To prevent the situation from worsening, the United States and other members of the international community must unite and strengthen their efforts to approach both Israel and Iran. (From The Yomiuri Shimbun, June 14, 2025)
Kyodo News
29 minutes ago
- Kyodo News
Iran retaliates against Israel with missile attacks
KYODO NEWS - 9 minutes ago - 14:35 | All, World Iran launched a missile attack against Israel on Friday, Iranian state TV reported, in retaliation for airstrikes on various locations including facilities related to Tehran's nuclear program. Israel's military said on the X social media platform that "Iran launched multiple ballistic missiles toward Israel in the past hours," with video showing flashes over Tel Aviv. Israeli media reported that the Iranian counterstrike had left one dead and more than 60 people injured. Iran's Islamic Revolutionary Guard Corps fired 100 hypersonic missiles at Israel, according to the state broadcaster. Speaking at a U.N. Security Council meeting, Iranian envoy Amir Saeid Iravani accused the United States of supporting the Israeli military attack, saying Washington's complicity was "beyond doubt." "We will not forget that our people lost their lives as a result of the Israeli attacks with American weapons. These actions amount to a declaration of war." Iran's military also claimed to have shot down two Israeli fighter jets, according to state television. A blast also occurred early Saturday at Tehran's Mehrabad airport, according to local reports. Related coverage: Israel makes "preemptive" strikes on Iran nuclear, military targets Japan condemns Israel attack on Iran, vows G7 unity to ease tensions
The Mainichi
an hour ago
- The Mainichi
Iran retaliates against Israel with missile attacks
TEHRAN/JERUSALEM (Kyodo) -- Iran launched a missile attack against Israel on Friday, Iranian state TV reported, in retaliation for airstrikes on various locations including facilities related to Tehran's nuclear program. Israel's military said on the X social media platform that "Iran launched multiple ballistic missiles toward Israel in the past hours," with video showing flashes over Tel Aviv. Israeli media reported that the Iranian counterstrike had left one dead and more than 60 people injured. Iran's Islamic Revolutionary Guard Corps fired 100 hypersonic missiles at Israel, according to the state broadcaster. Speaking at a U.N. Security Council meeting, Iranian envoy Amir Saeid Iravani accused the United States of supporting the Israeli military attack, saying Washington's complicity was "beyond doubt." "We will not forget that our people lost their lives as a result of the Israeli attacks with American weapons. These actions amount to a declaration of war." Iran's military also claimed to have shot down two Israeli fighter jets, according to state television. A blast also occurred early Saturday at Tehran's Mehrabad airport, according to local reports.
