Putin offers to mediate between Iran, Israel
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Iran, Israel and Middle East
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RAF Typhoon fighter jets were last night rushed to the Middle East amid the spiralling Israel-Iran conflict. Sir Keir Starmer acted after Iran warned the UK would be targeted if it
Russian President Vladimir Putin and U.S. President Donald Trump held a lengthy call Saturday to discuss the escalating situation in the Middle East and Russia’s war in Ukraine.
At previous moments of tension over decades of rivalry with Western foes, Iran was able to project power across the Middle East using a network of close allies that meant any strikes against it threatened to trigger a formidable response.
The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.
CNN’s Chief International Anchor Christiane Amanpour reacted to Israel’s unprecedented attack on Iran overnight, saying she did not imagine a scenario in which Iran would be able to fight back with as much strength as Israel has behind it.
Israel’s attack on Iran has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households.
Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more upside to prices after Israeli airstrikes on Iran sparked fears of a wider Middle East conflict.
The US State and Defense departments on Wednesday made efforts to arrange the departure of non-essential personnel from locations around the Middle East, according to US officials and sources familiar with the efforts.