Overview
- Iran fired missiles and drones at Israel and Gulf states overnight, prompting Israeli strikes on targets in Tehran and a wave of attacks on Hezbollah sites in Beirut after evacuation warnings.
- Saudi Arabia reported intercepting roughly two dozen drones and Kuwait confirmed missile and drone engagements, as energy infrastructure across the Gulf sustained further damage.
- QatarEnergy said repairs to hit LNG trains could take up to five years and cost about $20 billion in annual revenue, with wider market effects reflected in Brent near $112 and US gasoline averaging $3.91.
- Washington is dispatching three additional warships and about 2,500 Marines, fast-tracked $16.5 billion in regional arms sales, and the Pentagon is preparing a $200 billion war funding request.
- The US Treasury authorized delivery of Iranian oil already loaded before March 20 through April 19 to ease supply fears, while Lebanon’s Health Ministry reports more than 1,000 killed and over a million displaced as fighting intensifies.