The US has reported “extremely severe damage” to three Iranian nuclear sites—Fordow, Natanz, and Isfahan—following air strikes known as Operation Midnight Hammer, which is supported by the UN nuclear watchdog. Iran’s foreign minister warned of “everlasting consequences,” while the IAEA noted significant damage to Natanz and Isfahan, amidst rising tensions following the ongoing conflict with Israel.
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Oil prices jump after U.S. strike on Iranian nuclear facilities
Oil prices surged and stock futures declined amid rising concerns over economic repercussions from U.S. strikes on Iran's nuclear facilities, with fears about access to the Strait of Hormuz, a crucial oil transit route. Analysts warned that disruptions could lead to significant increases in oil and gas prices, while Iran's parliament considered closing the strait, despite potential harm to its economy and ties with China. Need More Context? 🔎
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