Israeli strike raises Asian LNG market concerns; prices jump, supply risks reviewed

Iran’s best option, according to Eyre, is “to just ride it out” and do as much damage as they can to Israel to save face domestically.

A network of powerful Iran-backed militias in Iraq has also remained mostly quiet — even though Israel allegedly used Iraq’s airspace, in part, to carry out the attacks.

In Shfela region, another 37 people were wounded

Iran shares the South Pars gas field with Qatar. Striking it would mark a major escalation in the conflict, which had already pushed oil prices up 9% on Friday even though Israel spared Iran's oil and gas on the first day of its attacks

After months of urging Israel not to strike Iran while he worked toward a nuclear deal, President Donald Trump told Reuters in a phone interview on Friday that he and his team had known the attacks were coming - and still saw room for an accord.

International calls for restraint are multiplying, as fears grow the Middle East could be on the threshold of a broader conflict.

The strikes early on Friday hit not just Iran's nuclear facilities and missile factories

"New round of Honest Promise 3 attacks," state television reported, referring to the name of the Iranian military operation against Israel

For President Donald Trump, few goals on the world stage have been more explicit -- he will not drag the United States into another "forever war."

Iran's Supreme Leader accuses Israel of initiating war, vows painful revenge

Israel struck military sites in Iran early on Saturday, saying it was retaliating against Tehran's strikes on Israel this month, the latest attack in the escalating conflict between the heavily armed rivals

US President Joe Biden said the move was meant "to defend Israel," which is weighing an expected retaliation against Iran after Tehran fired more than 180 missiles at Israel on Oct 1

Crude prices rocketed around five percent Thursday when US President Joe Biden said he was "discussing" possible Israeli strikes on Iranian oil sites in retaliation for Tehran's barrage

Biden was asked on Wednesday whether he would support strikes against Iranian nuclear sites and the US president told reporters: "The answer is no."

All sides are aware that any retaliatory strike against Iran's nuclear or oil installations would send the Middle East spiralling even more towards chaos, but Israel seems not to have made a decision yet.

Iran launched around 180 missiles at Israel last night in response to the killings of Tehran-backed militant leaders, prompting alarm across the region and vows of retaliation.