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Miami Herald
15 hours ago
- Politics
- Miami Herald
Iran Fires Missiles at U.S. Base in Qatar
EDITORS NOTE: EDS: SUBS throughout to revise, reorganize and update; UPDATES list of related stories.) ; (ART ADV: With photos.); (With: IRAN-NUCLEAR-ASSESS, IRAN-AIRSTRIKES-PROTESTS, TRUMP-VOTERS-IRAN, MARKETS, IRAN-EVIN-PRISON, CALIF-SHERIFF-IRAN, U.S.-IRAN-CHINA, TRUMP-IRAN-ECON, U.S.-IRAN-THREATS); River Akira Davis contributed reporting. Iran on Monday launched a military attack on an American base in Qatar, the largest U.S. military installation in the Middle East, in retaliation for U.S. strikes on three critical Iranian nuclear sites. Qatar and the United States said that air defenses had intercepted the missiles, and the Defense Department said there were no reports of U.S. casualties at the base, Al Udeid. The strike stoked fears that the conflict with Iran might intensify, drawing in the United States further and expanding it across the region, but at the same time there were signs that Iran might be looking for an off-ramp. Three Iranian officials said their government had given advance notice that attacks were coming, as a way to minimize potential casualties. The officials said Iran needed to be seen striking back at the United States for its attack over the weekend -- but in a calibrated way. A similar approach was used in 2020, when Iran gave a heads-up before firing ballistic missiles at a U.S. base in Iraq in reprisal for the assassination of its top general. Earlier in the day, as the United States and Britain braced for an attack, they warned their citizens in Qatar to shelter in place. Qatar later announced that it had closed its airspace, and the United Arab Emirates did the same after the attack. The airspace closures disrupted flights into and out of Doha and Dubai, two major hubs of international air travel. The Iranian assault came as Israel launched wide-ranging strikes on Tehran, Iran's capital, on Monday and promised more "in the coming days," pressing on with its bombing campaign two days after the United States attacked three Iranian nuclear sites. The new Israeli barrage, which a military spokesperson said targeted a paramilitary headquarters, a notorious prison and access routes to the Fordo nuclear enrichment site that the U.S. military bombarded, came as Iran fired salvos of missiles that sent Israelis to huddle in shelters, and as world leaders called for de-escalation. Iran's attack on Al Udeid came after its foreign minister, Abbas Araghchi, met with a key ally, President Vladimir Putin of Russia. While the Russian leader called the U.S. strikes "absolutely unprovoked aggression," he stopped short of offering concrete support for Iran. Prime Minister Benjamin Netanyahu of Israel, in a televised address Sunday night, said that his country was "very, very close" to realizing its objectives in the conflict but did not say when its bombing campaign would end. Though President Donald Trump declared that Iran's nuclear program had been "totally obliterated" by the U.S. bombings, the actual state of the program was far murkier, with senior officials conceding they did not know the fate of Iran's stockpile of near-bomb-grade uranium. Here's what else to know: -- Possible response: Trump's decision to attack Iran, and Iran's retaliatory attack Monday, dimmed hopes for a negotiated solution to end the fighting. While U.S. officials say that Iran has depleted its stockpile of medium-range missiles, the country still has an ample supply of other weapons, including rockets and drones, some of which would -- if employed -- give U.S. forces in the region only minutes of warning. -- Economic impact: Oil prices fell and stocks climbed after Iran fired missiles at a U.S. military base in Qatar. Before the attack, investors appeared cautiously optimistic about the potential economic fallout from the U.S. strikes over the weekend, and of any moves Iran might make that would disrupt oil shipments through the Strait of Hormuz, a critical transit point for global oil supplies. -- Calls for peace: After European foreign ministers met to discuss Iran, the European Union's chief diplomat, Kaja Kallas, said that "the concerns of retaliation and this war escalating are huge." The International Atomic Energy Agency held an emergency meeting in Vienna, where the head of the agency, Rafael Grossi, warned that "violence and destruction could reach unimaginable levels" if Iran, Israel and the United States do not find a path to diplomacy. -- U.S. strikes: Pentagon officials described their attack on three nuclear sites as a tightly choreographed operation that included B-2 bombers carrying 30,000-pound bunker-buster bombs and submarine-fired Tomahawk cruise missiles hitting a trio of sites in less than a half-hour. A senior U.S. official acknowledged that the attack on Fordo had not destroyed the heavily fortified site, but it had been severely damaged. This article originally appeared in The New York Times. Copyright 2025
Yahoo
15-05-2025
- Business
- Yahoo
Lerøy Seafood Group ASA: Strong biological performance and continued growth in VAP S&D.
Lerøy Seafood Group ASA reports a consolidated operational EBIT of MNOK 1 049 for the first quarter of 2025, up from MNOK 842 in the same period last year. OPERATIONAL IMPROVEMENTS NOW VISIBLE IN FARMINGThe Farming segment delivered an operational EBIT of MNOK 789 in the quarter. 'This is a strong performance in a quarter marked by significantly lower spot prices for salmon and trout compared to the same period last year. Improvements in genetics, roe and smolt quality, use of shielding technology, and general process enhancements are key contributors. We are pleased with the development in Farming and see that the measures we have implemented are having a positive effect on fish welfare and thereby also our financial results,' says CEO Henning Beltestad. GROWING DEMAND FURTHER STRENGTHENS VAP S&D PERFORMANCEThe VAP S&D segment (value-added processing, sales and distribution) reported an operational EBIT of MNOK 212 in Q1 2025 and MNOK 924 on a rolling 12-month basis – a new record.'VAP S&D continues its positive trajectory. Large volumes contribute to higher utilization of our integrated value chain, and lower raw material prices support market growth. It is encouraging to see that as a result of structured improvement efforts, several of our entities are now performing at higher levels than before,' Beltestad highlights. HIGH PRICES DRIVEN BY LOW QUOTAS IN WILD CATCHThe Wild Catch segment reported an operational EBIT of MNOK 148 in the first quarter. 'The first quarter is high season, and the very low quotas present a significant challenge. Price trends in 2025 have been strong, but until quotas recover to higher levels, it is challenging to fully utilize our industrial capacities,' the CEO notes. THE INDUSTRY NEEDS STABLE FRAMEWORK CONDITIONSThe Norwegian government recently published the 'Aquaculture White Paper,' proposing to replace the current license regime based on maximum allowed biomass with a new system based on lice quotas. The proposed changes are far-reaching, and it is very difficult to assess the full consequences.'At Lerøy, we support the view of the Norwegian Seafood Federation that further analysis is needed before Parliament can make major principle-based salmon harvested in the quarter, treatment frequency was reduced by 75% for salmon from submerged pens compared to traditional pens. Even today, incentives to solve lice challenges are strong and drive innovation,' continues Beltestad. FURTHER DEVELOPING NEW MARKETS FOR NORWEGIAN SALMON AND TROUT'In our fully integrated value chain, we have the winning formula. With high volumes at lower prices, we are now developing the global market for Norwegian salmon and trout, particularly in emerging markets like China. This is positive for the entire industry and for value creation in several years of regulatory turmoil, we urge authorities to ensure predictable, stable, and competitive framework conditions. This is critical for us to continue delivering healthy, sustainable, and tasty seafood to the global market – to the benefit of the industry and the future of coastal Norway,' concludes Beltestad. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading LSG Q1 25 Presentation LSG Q1 25 ReportError 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
