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News Link • Iran

Oil Prices Jump, Stocks Dump As 2 Oil Tankers Explode In Persian Gulf,...

• Zero Hedge

Top headlines of conflict 

Oil prices surge as two oil tankers are attacked and explode in Iraqi waters

'Largest wave of missiles since hostilities began' launched into northern Israel by Hezbollah

The US Navy said it was 'too dangerous' to escort tankers through still.

President of Iran demands reparations and guarantees against future aggression.

Trump says the war with Iran will end soon, as there is 'practically nothing left to target." 

Yet U.S. and Israeli officials plan at least two more weeks of strikes

U.S. forces destroyed 16 Iranian mine-laying vessels in the Strait of Hormuz

Iran's drone production has been significantly degraded.

The IEA is preparing its largest-ever emergency crude oil release to counter surging Brent and WTI prices.

Casualty estimates: over 1,200 killed in Iran from U.S./Israeli strikes (plus civilian reports), 13 deaths in Israel from Iranian retaliation, and 140 U.S. service members wounded (mostly minor).

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Update (1850ET): As night fell across the Middle East, Hezbollah launched a huge wave of at least 150 rockets rained down on northern Israel (Times Of Israel):

Lebanese terror group Hezbollah showered rockets and drones at northern Israel for hours, repeatedly sending hundreds of thousands of Israelis to shelters on Wednesday evening.

It marked the largest Hezbollah attack on Israel since hostilities intensified earlier this month, as the terror group began attacks to support its sponsor, Iran, which is under intense attack from a joint US-Israel air campaign that began on February 28.

An opening salvo of 100 rockets was launched around 8 p.m. as a missile from Iran targeted the central region of the country, in what Iran's Islamic Revolutionary Guard Corps said was a coordinated attack. More Iranian missiles targeted the north and south of the country.

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