‘Israel made a huge mistake': Khamenei
Iran's supreme leader Ali Khamenei said that Israel made a huge mistake and will be punished for that, Mehr news reports.
Developing
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Arabiya
39 minutes ago
- Al Arabiya
Operation in Iran not aimed at toppling regime, Israeli official tells Al Arabiya English
Israel's strikes on Iran are aimed at destroying Iran's nuclear capabilities, not toppling supreme leader Ali Khamenei's regime, an Israeli official told Al Arabiya English on Wednesday. 'Our operation in Iran isn't aimed at toppling the regime but to remove Iran's threat to destroy Israel,' the official said. Claiming that Iran has produced enough nuclear material to build nine nuclear bombs, the Israeli official said that Israel's only targets are nuclear facilities in Iran and sites pertaining to the ballistic missile program. The official added that Iran plans to manufacture 10,000 ballistic missiles in the future. 'We will continue our precision attacks against nuclear facilities and ballistic missiles,' the Israeli official said, adding that the operation in Iran will not exceed the time required to achieve the objectives. Israel began launching an unprecedented wave of strikes across Iran on Friday, saying it aims to prevent Tehran from acquiring a nuclear weapon — a charge Iran denies. The Israeli attacks have killed at least 224 people in Iran and wounded more than 1,000, according to an official toll released Sunday. In retaliation, Iran has carried out attacks that have killed at least 24 people in Israel since Friday, according to Prime Minister Benjamin Netanyahu's office.
Al Arabiya
39 minutes ago
- Al Arabiya
Israel to resume natural gas exports when military deems it's safe, energy minister says
Israel will resume its natural gas exports when the country's military believes it would be safe to do so, Israel's Energy Ministry Eli Cohen said on Wednesday, as an air battle between Israel and Iran entered its sixth day. Two of Israel's three gas fields - Chevron-operated Leviathan and Energean's Karish - off its Mediterranean coast that provide the bulk of exports to Egypt and Jordan, have been shut since June 13 amid the conflict between Israel and Iran. That leaves in operation only the older Tamar field, used mainly for domestic supplies. Cohen said he has been in contact with Egypt and Jordan about the cut in supplies. 'They can see that we are in a war. I don't want to use our strategic storage, so therefore, I needed to cut exports,' Cohen told Reuters after a news briefing. 'I hope I will be able to use another rig as soon as possible and use it for the supply of gas (exports). For me, the most important thing is (supplying) Israel,' he said, alluding to fueling needs during the conflict with Iran. It wasn't clear when another gas field will be reopened, Cohen said, noting: 'We are working with them [the military], the Navy, and right now their recommendation is that one (field) will continue to work and two will be shut down.' Israeli gas accounts for about 15-20 percent of Egypt's consumption, data from the Joint Organizations Data Initiative (JODI) shows. The disruption to Israel's gas supply led Egyptian fertilizer producers to halt operations on Friday. Israel launched the air war on Iran on Friday after concluding the latter was on the verge of developing a nuclear weapon. Iran maintains its nuclear program is purely for civilian purposes. Other energy sources Israel's energy sector, Cohen said, was operating normally, with no shortages expected since the country also maintains reserves in coal, diesel and renewable energy. Israel's Oil Refineries in Haifa was hit by an Iranian missile this week, which killed three people and halted operations. Cohen said he hoped the facility would resume operations within a month, though a second refinery in the south remains open. Since Friday, the percentage of renewable, or solar, energy used in electricity production has more than doubled to some 40 percent, Cohen said. There was also some damage to wastewater treatment facilities and pipelines from Iranian air strikes. Cohen acknowledged that victory against Iran could take weeks but Israel's energy demands could be met. 'Although the Iranians struck some of our plants, we have very strong energy facilities that can supply all the energy demands for Israeli citizens and the army, in fuel, gas, electricity and water.'
Asharq Al-Awsat
40 minutes ago
- Asharq Al-Awsat
Dollar Hovers as Investors Focus on Israel-Iran Conflict ahead of Fed Decision
The US dollar dipped against the yen and steadied against the Swiss franc on Wednesday, as fighting between Israel and Iran prompted investors to scoop up safe havens, while a Federal Reserve decision later on rates kept volatility subdued. Israel has bombarded arch-enemy Iran over the past six days to halt its nuclear activity and has asserted the need for a change of government in the Islamic Republic. The US military is also bolstering its presence in the region, Reuters reported, stirring speculation about US intervention that investors fear could widen the conflict in an area with critical energy resources, supply chains and infrastructure. Iranian Supreme Leader Ali Khamenei said in a statement read by a state television presenter on Wednesday that his country would not accept US President Donald Trump's call for an unconditional surrender. The dollar has resumed its role as a safe haven, having gained around 1% against both the Japanese yen and Swiss franc since last Thursday. On Wednesday, theurrency took a breather, edging fractionally lower against the yen and the franc and more noticeably so against the euro and the pound. "The dollar is still a safe haven because of its depth and liquidity, so, yes, the structural forces are diluting the dollar safe-haven activities, but they're not eroding them completely," said currency strategist Rodrigo Catril at National Australia Bank. "But in a scenario of big risk aversion, the dollar will still gain support, but maybe not to the same extent it has managed in the past." Against a basket of six other major currencies, the dollar is still down around 8% so far this year, as confidence in the US economy and the reliability of Trump's administration as a trading and diplomatic partner has faded. With the Fed's decision on interest rates just hours away and US markets closed on Thursday for the Juneteenth federal holiday, activity in currencies was muted. Against the yen, the dollar fell 0.3% to 144.845 and was steady against the franc at 0.8175 francs.
