The Latest Breaking News from Iran

COMMENT: Israel’s prime minister sees himself not only as the protector of Israel, but the saviour of the West. This, he believes, is how he should go down in history, writes former Israeli diplomat Alon Pinkas

July WTI crude oil (CLN25 ) is up +4.20 (+6.17%), and July RBOB gasoline (RBN25 ) is up +0.0825 (-3.85%). Crude oil prices initially soared by +11% after news that Israel launched a major military strike on Iran, although prices have since fallen back and are currently up about +6%....

Iran warned Israel’s allies, including the UK, that it will target their regional military bases if they help shoot down Iranian missiles, the country’s state media reported

Donald Trump has warned Iran to agree to a nuclear deal following deadly Israeli airstrikes, as fears of wider Middle East conflict grow amid escalating retaliation.

Many welcome attack on military and nuclear targets but unease lingers as country braces for what happens next

IN FULL

Israeli PM alleges Tehran has capacity to make nine bombs. If so, Israel knows more than the US or the UN watchdog did

Condemning terrorism, halting nuclear proliferation, and defending innocent lives must not be controversial positions, they must be moral imperatives, Sacha Roytman Dratwa writes.

The dollar index (DXY00 ) today is up +0.31%, rebounding higher from Thursday's 3-1/4 year low. The dollar today rallied on Israel's overnight attack on Iran, which sparked some safe-haven demand for the dollar. The dollar also moved higher as the 10-year T-note yield rose due to the inflation implications...