Overview
- Iran fired missiles and drones across the region, with deadly impacts in the Tel Aviv area, Bahrain’s Bapco refinery declaring force majeure after a strike, Gulf states reporting multiple interceptions, and a ballistic missile shot down over Turkey.
- Israeli jets hit Iranian fuel infrastructure at scale for the first time, with roughly 30 depots destroyed, a scope that surprised U.S. planners and triggered concern in Washington about strategic blowback and oil prices.
- Mojtaba Khamenei was installed as Iran’s supreme leader with rapid backing from the IRGC, reinforcing continuity in Iran’s wartime posture.
- Energy flows have been severely disrupted as traffic through the Strait of Hormuz has largely collapsed and crude surged past $100 a barrel, with analysts estimating roughly 20% of global oil supply affected.
- Tehran’s senior adviser Kamal Kharazi ruled out negotiations and said only economic pressure would end the conflict, even as President Donald Trump described operations as “very complete” and suggested the war could be nearing an end.