海角直播

A plane sits on the tarmac while flames rise from fuel tanks at Beirut International Airport after an Israeli airstrike in July 2006. AFP
A plane sits on the tarmac while flames rise from fuel tanks at Beirut International Airport after an Israeli airstrike in July 2006. AFP

2006 - Hezbollah-Israel war

Short Url
Updated 19 April 2025

2006 - Hezbollah-Israel war

2006 - Hezbollah-Israel war
  • The 34-day conflict bolstered Hezbollah鈥檚 influence, shaping the trajectory of Lebanon鈥檚 political landscape ever since

DUBAI: Israel鈥檚 war against Lebanon in 2006 was not its first, but it was the fiercest and most devastating to the Lebanese people and state to that point, resulting in severe damage to civilian infrastructure and shattering many vital sectors.

On July 12, 2006, in an attempt to put pressure on Israel to release Lebanese and Palestinian prisoners, Hezbollah ambushed an Israeli army convoy patrolling the border, killing eight soldiers and capturing two, Ehud Goldwasser and Eldad Regev. Another unit fired rockets at Israeli military positions and border villages.

The next day, Israel responded with large-scale attacks on Lebanon by air, sea and land, fulfilling a pledge by Israeli army Chief of Staff Dan Halutz that 鈥渋f the soldiers are not returned, we will turn Lebanon鈥檚 clock back 20 years.鈥

The conflict continued for 34 days, during which nearly 1,200 Lebanese were killed, more than 4,000 injured and about a million displaced, according to government figures. It destroyed nearly 30,000 homes and a large number of the country鈥檚 power stations, water and sewage networks, electrical facilities and telecommunications infrastructure. Key civilian infrastructure, including Beirut International Airport, bridges, roads, and public and private buildings were bombed.

The war, which cost Lebanon more than $15 billion in economic losses, exacerbated unemployment and poverty levels, further escalating a socioeconomic crisis in the country.

How we wrote it




Arab News reported Hezbollah鈥檚 capture of two Israeli soldiers and the killing of eight, triggering Tel Aviv鈥檚 鈥減ainful response.鈥

Another significant consequence of the conflict was the environmental devastation it caused. Israeli airstrikes targeted the Jiyeh power plant, south of Beirut, which caused more than 15,000 tonnes of oil to spill into the Mediterranean Sea, triggering an ecological catastrophe that severely affected marine life and other aspects of the coastal environment.

In the view of critics and analysts, the surprise attack by Iran-backed Hezbollah did not justify the disproportionate scale of the 2006 war, which ended on Aug. 14, three days after the UN adopted Security Council Resolution 1701. Later that month, the head of Hezbollah at the time, Sayyed Hassan Nasrallah, admitted he would not have ordered the capture of Israeli soldiers had he known it would trigger a war on this scale.

鈥淲e did not think, even 1 percent, that the capture would lead to a war at this time and of this magnitude,鈥 Nasrallah said during an interview with Lebanon鈥檚 New TV.

鈥淵ou ask me, if I had known on July 11 鈥 that the operation would lead to such a war, would I do it? I say no, absolutely not.鈥

Resolution 1701 called for an immediate ceasefire, the withdrawal of Israeli forces from southern Lebanon, and for Hezbollah to move to areas north of the Litani River, leaving the south of the country exclusively under the control of the Lebanese military and 15,000 UN peacekeepers, who would help maintain calm and ensure displaced residents could return home.

Key Dates

  • 1

    Hezbollah ambushes Israeli soldiers near the border village of Zar鈥檌t, killing 8 and capturing 2.

    Timeline Image July 12, 2006

  • 2

    Israel attacks Lebanon, bombing bridges, major roads and Beirut鈥檚 airport.

    Timeline Image July 13, 2006

  • 3

    Hezbollah fires rockets deep into Israel, killing 8 people, forcing the evacuation of towns.

    Timeline Image July 17, 2006

  • 4

    UN drafts a ceasefire resolution with the aim of ending the war.

  • 5

    UN Security Council adopts Resolution 1701, which calls for an immediate ceasefire between the warring parties.

    Timeline Image Aug. 11, 2006

  • 6

    The ceasefire officially takes effect at 8:00 a.m. in Lebanon.

    Timeline Image Aug. 14, 2006

  • 7

    Israel and Hezbollah agree prisoner-exchange deal in which Israeli authorities release Samir Kuntar and several other Lebanese detainees in exchange for the remains of Ehud Goldwasser and Eldad Regev, the Israeli soldiers captured in 2006.

Israeli authorities ended their 2006 war in Lebanon but the consequences at home continued. The government faced public outrage and harsh criticism, from politicians and the press, over its handling of the conflict. It responded by appointing a commission of inquiry to assess the military operations. In 2008, the Winograd Commission published a damning report that accused Israeli authorities of 鈥済rave failings鈥 at the political and military levels.

A ground invasion, launched in the final days of the war, failed to achieve its objectives: it did not succeed in disarming Hezbollah, nor did it secure the release of the soldiers held by Hezbollah. It later emerged that Goldwasser and Regev were dead. Their remains were eventually returned in 2008, in exchange for five Lebanese prisoners and the bodies of about 200 Arabs.

In addition, Israel鈥檚 defense systems, including its Iron Dome air-defense shield, had proven incapable of protecting the north of the country. Hezbollah demonstrated the reach of its missile arsenal, striking at targets deep into Israeli territory, including Nahariya, Haifa and central regions, further exposing the weak defense strategy.

The losses Israel sustained during the war fueled and intensified the criticism: 127 soldiers and 43 civilians were killed by Hezbollah attacks on northern Israel, and hundreds were wounded. Almost 300,000 people, mostly in northern Israel, were forced to flee their homes, sparking widespread panic.




Man screams for help as he carries the body of a dead girl after Israeli air strikes on the southern Lebanese village of Qana 30 July 2006. AFP

Meanwhile, Hezbollah鈥檚 power had grown, both in terms of its arsenal of weapons and as a political force in Lebanon.

In their study titled 鈥淭he 2006 Lebanon Campaign and the Future of Warfare: Implications for Army and Defense Policy,鈥 authors Stephen Biddle and Jeffrey Friedman concluded that Hezbollah, a non-state actor, had waged a state-like conventional war by employing a hybrid strategy that blended conventional military tactics with guerrilla warfare.

鈥淗ezbollah did some things well, such as its use of cover and concealment, its preparation of fighting positions, its fire discipline and mortar marksmanship, and its coordination of direct fire support,鈥 they said in the 2008 study.

However, they noted that the militant group 鈥渇ell far short of contemporary Western standards in controlling large-scale maneuver, integrating movement and indirect fire support, combining multiple combat arms, reacting flexibly to changing conditions, and small-arms marksmanship.鈥

Overall, the 2006 conflict weakened neither the weaponry nor the resolve of Hezbollah.

In summing up the shortcomings of the Israeli campaign, the Winograd Commission stated: 鈥淲hen the strongest military in the Middle East embarked to fight the Hezbollah and does not clearly defeat it, this had far-reaching adverse consequences for Israel鈥檚 status.鈥




Israeli soldiers clean a mobile artillery cannon after firing at Hezbollah targets in southern Lebanon. AFP

As Hezbollah鈥檚 influence grew in the aftermath of the 2006 war, with the support of Iran and Syria, Lebanon was left to grapple with a deeply divided political system and sectarian strife, compounded by a collapsing economy and wider regional, geopolitical hostilities.

While the UN Resolution 1701 brought relative calm, its terms were never fully enforced, in particular a call for Hezbollah to disarm and withdraw to north of the Litani River. These demands were renewed, nearly two decades later, as part of a US-brokered ceasefire agreement that ended the war between Israel and Hezbollah last year, with the aim of preventing future hostilities.

The group鈥檚 recent pummeling by Israel, the assassination of Nasrallah, and the toppling of its Syrian-regime ally, Bashar Assad, have shifted the power dynamics, leading to Hezbollah鈥檚 declining influence.

The election of Joseph Aoun, a neutral army commander, as president on Jan. 9, after two years of a power vacuum in the office, and the formation of a new government have reignited hopes for a united Lebanon and a resolution to the long-standing conflict with Israel.

  • Sherouk Zakaria is a UAE-based journalist at Arab News, with more than a decade of experience in media and strategic communication.


Israel says attacks on Iran are 鈥榥othing鈥 compared with what is coming

Iranian Red Crescent volunteers gather in front of a building destroyed in an Israeli strike in Tehran on June 14, 2025. (AFP)
Iranian Red Crescent volunteers gather in front of a building destroyed in an Israeli strike in Tehran on June 14, 2025. (AFP)
Updated 27 min 18 sec ago

Israel says attacks on Iran are 鈥榥othing鈥 compared with what is coming

Iranian Red Crescent volunteers gather in front of a building destroyed in an Israeli strike in Tehran on June 14, 2025. (AFP)
  • Netanyahu said Israel鈥檚 strikes had set back Iran鈥檚 nuclear program possibly by years but rejected international calls for restraint

JERUSALEM/DUBAI: Iran and Israel traded missiles and airstrikes on Saturday, the day after Israel launched a sweeping air offensive against its old enemy, killing commanders and scientists and bombing nuclear sites in a stated bid to stop it building an atomic weapon.
Israeli Prime Minister Benjamin Netanyahu said Israel鈥檚 strikes had set back Iran鈥檚 nuclear program possibly by years but rejected international calls for restraint, saying the attack would be intensified.
鈥淲e will hit every site and every target of the Ayatollahs鈥 regime, and what they have felt so far is nothing compared with what they will be handed in the coming days,鈥 he said in a video message.
In Tehran, Iranian state TV reported that around 60 people, including 20 children, had been killed in an attack on a housing complex, with more strikes reported across the country. Israel said it had attacked more than 150 targets.
In Israel, air raid sirens sent residents into shelters as waves of missiles streaked across the sky and interceptors rose to meet them. At least three people were killed overnight. An Israeli official said Iran had fired around 200 ballistic missiles in four waves.
US President Donald Trump has lauded Israel鈥檚 strikes and warned of much worse to come unless Iran quickly accepts the sharp downgrading of its nuclear program that the US has demanded in talks that had been due to resume on Sunday.
But with Israel saying its operation could last weeks, and urging Iran鈥檚 people to rise up against their Islamic clerical rulers, fears have grown of a regional conflagration dragging in outside powers.
The United States, Israel鈥檚 main ally, helped shoot down Iranian missiles, two US officials said.
鈥淚f (Supreme Leader Ayatollah Ali) Khamenei continues to fire missiles at the Israeli home front, Tehran will burn,鈥 Israeli Defense Minister Israel Katz said.
Iran had vowed to avenge Friday鈥檚 Israeli onslaught, which gutted Iran鈥檚 nuclear and military leadership and damaged atomic plants and military bases.
Tehran warned Israel鈥檚 allies that their military bases in the region would come under fire too if they helped shoot down Iranian missiles, state television reported.
However, 20 months of war in Gaza and a conflict in Lebanon last year have decimated Tehran鈥檚 strongest regional proxies, Hamas in Gaza and Hezbollah in Lebanon, reducing its options for retaliation.
Lawmaker and military general Esmail Kosari said Iran was reviewing whether to close the Strait of Hormuz, the exit point for oil shipped from the Gulf.
Nights of blasts and fear in Israel and Iran
Iran鈥檚 overnight fusillade included hundreds of ballistic missiles and drones, an Israeli official said. Three people, including a man and a woman, were killed and dozens wounded, the ambulance service said.
In Rishon LeZion, south of Tel Aviv, emergency services rescued a baby girl trapped in a house hit by a missile, police said, but later on Saturday Tel Aviv beaches were busy with people enjoying the weekend.
In the western suburb of Ramat Gan, near Ben Gurion airport, Linda Grinfeld described her apartment being damaged: 鈥淲e were sitting in the shelter, and then we heard such a boom. It was awful.鈥
The Israeli military said it had intercepted surface-to-surface Iranian missiles as well as drones, and that two rockets had been fired from Gaza.
In Iran, Israel鈥檚 two days of strikes destroyed residential apartment buildings, killing families and neighbors as apparent collateral damage in strikes targeting scientists and senior officials in their beds.
Iran said 78 people had been killed on the first day and scores more on the second day, many of them when a missile brought down a 14-story apartment block in Tehran.
State TV said 60 people were believed to have been killed there, though the figure was not officially confirmed.
It broadcast pictures of a building flattened into debris and the facade of several upper storys lying sideways in the street, while slabs of concrete dangled from a neighboring building.
鈥淪moke and dust were filling all the house and we couldn鈥檛 breathe,鈥 45-year-old Tehran resident Mohsen Salehi told Iranian news agency WANA after an overnight air strike woke his family.
Fars News agency said two projectiles had hit Mehrabad airport, located inside the capital, which is both civilian and military.
With Iran鈥檚 air defenses heavily damaged, Israeli Air Force chief Tomer Bar said 鈥渢he road to Iran has been paved.鈥
In preparation for possible further escalation, reservists were being deployed across Israel. Army Radio reported units had been positioned along the Lebanese and Jordanian borders.
Iranian nuclear sites damaged
Israel sees Iran鈥檚 nuclear program as a threat to its existence, and said the bombardment was designed to avert the last steps to production of a nuclear weapon.
A military official on Saturday said Israel had caused significant damage to Iran鈥檚 nuclear facilities at Natanz and Isfahan, but had not so far taken on another uranium enrichment site, Fordow, dug into a mountain.
The official said Israel had 鈥渆liminated the highest commanders of their military leadership鈥 and had killed nine nuclear scientists who were 鈥渕ain sources of knowledge, main forces driving forward the (nuclear) program.鈥
Tehran insists the program is entirely civilian in line with its obligations under the nuclear Non-Proliferation Treaty (NPT) and that it does not seek an atomic bomb.
However, it has repeatedly hidden some part from international inspectors, and the International Atomic Energy Agency on Thursday reported it in violation of the NPT.
Iranian talks with the United States to resolve the nuclear dispute have stuttered this year.
The next meeting was set for Sunday but Iranian Foreign Minister Abbas Araqchi said on Saturday that continuing the talks while Israel鈥檚 鈥渂arbarous鈥 attacks lasted was unjustifiable.


Saudi crown prince discusses Israeli military operations against Iran with British PM

Saudi Crown Prince Mohammed bin Salman and British Prime Minister Keir Starmer. (File/SPA/AFP)
Saudi Crown Prince Mohammed bin Salman and British Prime Minister Keir Starmer. (File/SPA/AFP)
Updated 14 June 2025

Saudi crown prince discusses Israeli military operations against Iran with British PM

Saudi Crown Prince Mohammed bin Salman and British Prime Minister Keir Starmer. (File/SPA/AFP)
  • Prince Mohammed and Starmer discussed latest developments in the region and the importance of resolving disputes through diplomatic means

RIYADH: Saudi Crown Prince Mohammed bin Salman discussed the repercussions of Israel鈥檚 military operations against Iran with British Prime Minister Keir Starmer during a phone call on Saturday.

The call comes a day after Israel launched a blistering surprise attack on Iranian nuclear and military sites, killing a number of top generals. The two countries continued to trade blows on Saturday.

Prince Mohammed and Starmer discussed the latest developments in the region and the importance of exerting all efforts to de-escalate and resolve disputes through diplomatic means, Saudi Press Agency reported.


Pakistan arrests suspects in visa fraud targeting job seekers hoping to reach Gulf, Europe

Pakistan arrests suspects in visa fraud targeting job seekers hoping to reach Gulf, Europe
Updated 14 June 2025

Pakistan arrests suspects in visa fraud targeting job seekers hoping to reach Gulf, Europe

Pakistan arrests suspects in visa fraud targeting job seekers hoping to reach Gulf, Europe
  • All three suspects, including a woman, took large sums from people before going into hiding
  • FIA arrested them from different cities after they failed to deliver on promised overseas jobs

ISLAMABAD: Pakistan鈥檚 Federal Investigation Agency (FIA) on Saturday arrested three individuals, including a woman, for allegedly defrauding job seekers by promising employment in Gulf countries and Europe, state media reported.

The arrests were made during raids in Bahawalpur, Bahawalnagar, Multan, and Lodhran. The suspects, identified as Abid Hussain, Hira Noor and Ajmal, are accused of collecting large sums from citizens in exchange for fake overseas job arrangements.

鈥淭hese suspects were arrested for their involvement in visa fraud and human smuggling,鈥 the Associated Press of Pakistan (APP) news agency said, adding all three went into hiding after failing to deliver on their promises.

The report further said Abid Hussain received Rs800,000 ($2,800) from one victim for a job in 海角直播. Hira Noor allegedly took over Rs2.9 million ($10,150) from another individual, promising work in Europe. Ajmal is accused of charging Rs400,000 ($1,400) to arrange employment in Dubai.

The arrests come amid renewed efforts by Pakistan to crack down on human smuggling networks after a series of deadly boat tragedies in recent years involving Pakistani nationals trying to reach Europe as undocumented migrants.

Despite enforcement drives, criminal syndicates continue to exploit economically vulnerable individuals seeking better opportunities abroad.


Analysis: Could Israeli strikes on Iran revive specter of $100 oil?

A drone view of a pump jack and drilling rig south of Midland, Texas, US, June 11, 2025. (Reuters)
A drone view of a pump jack and drilling rig south of Midland, Texas, US, June 11, 2025. (Reuters)
Updated 14 June 2025

Analysis: Could Israeli strikes on Iran revive specter of $100 oil?

A drone view of a pump jack and drilling rig south of Midland, Texas, US, June 11, 2025. (Reuters)
  • Crude oil caught between escalation pressures and supply shortage scenarios as prices surge

LONDON: Energy and oil market analysts, speaking to , unanimously described the surprise Israeli military strikes on Iranian targets as creating an 鈥渋nstantaneous market shock.鈥

Amid escalating geopolitical tensions, the latest military confrontations between Israel and Iran are propelling crude oil prices into dramatic territory, rekindling fears of energy crises that have historically destabilized global markets.

This unprecedented escalation sparks immediate questions about energy market disruptions, petroleum price movements, and short-term risk premium adjustments 鈥 including the possibility of crude breaching the $100 per barrel threshold.

Conversely, with reports confirming that Iranian oil refining and storage facilities remained undamaged, this factor may help cushion the shock to global petroleum markets.

Crisis background and market impact

These significant developments emerge precisely as markets were starting to digest the International Energy Agency鈥檚 鈥淕lobal Energy Review 2025,鈥 which forecast a deceleration in oil demand growth stemming from the worldwide shift toward renewable energy and electric vehicle adoption.

However, Israeli attacks on Iran鈥檚 Natanz nuclear facility and additional military targets have completely reversed these projections, aggressively thrusting supply disruption concerns and price escalation back into the spotlight.

Analysts portrayed the strike as 鈥渃onverting the Iranian standoff from a political matter into actual combat,鈥 propelling oil prices higher by 7 percent to 13 percent in the steepest single-session increase since March 2022. Subsequently, Brent crude exceeded $78 per barrel as West Texas Intermediate advanced past $73.

International warnings and notable statements

These incidents align with global warnings and prominent declarations from US President Donald Trump, who acknowledged that the American leadership possessed advance intelligence about Israeli attacks on Iran, while stressing Washington鈥檚 detachment from the operations.

Trump cautioned Tehran about its nuclear ambitions, declaring: 鈥淲e will not allow Iran to possess nuclear weapons... but we do not want a new war in the Middle East.鈥

Such pronouncements intensify the complexity of circumstances, revealing that Washington maintains vigilant oversight, while seeking to circumvent direct participation in hostilities that could trigger catastrophic repercussions for the world economy.

Throughout history, the Iranian matter has remained among the most convoluted subjects in global politics, where atomic weapon concerns merge with financial and geopolitical calculations.

Momentary shock or open conflict?

Energy and oil market analysts, speaking to Independent Arabia, unanimously described the surprise Israeli military strikes on Iranian targets as creating an 鈥渋nstantaneous market shock,鈥 heightening concerns that current tensions might spiral into full-scale warfare in one of the globe鈥檚 most critical oil-producing areas.

Industry experts verified that crude price movements in the upcoming phase will hinge on three primary elements: Tehran鈥檚 likely retaliation strategy, major powers鈥 diplomatic stances, and whether military activities persist in the short and intermediate timeframes.

Market analysts pointed out that dramatic price spikes mainly represent 鈥渦ncertainty premiums鈥 tied to geopolitical instability, which could stay heightened while hostilities continue. This premium constitutes the additional cost petroleum purchasers bear to hedge against possible supply interruptions.

They observed that escalating geopolitical threats result in increased uncertainty premiums, pushing prices higher despite the absence of real supply constraints.

Although undamaged Iranian oil processing and storage infrastructure serves as a significant stabilizing element, analysts contend that direct strikes on Iranian petroleum facilities would have triggered instant supply cuts, accelerating prices to substantially higher territory.

They stressed that present price rises reflect anticipated future threats rather than genuine supply deficits thus far, offering the market some operational room. Put differently, the market currently confronts the prospect of oil supply interruptions rather than actual losses, constraining the scale of price increases that would have occurred had petroleum installations been specifically attacked.

Reciprocal attacks

Petroleum sector expert Kamel Al-Harami considers it challenging to forecast precise oil price targets amid present conditions, citing the potential for Middle Eastern warfare or Iranian supply interruptions affecting global markets in Asia, particularly China, India, and Japan.

Al-Harami observed that although OPEC maintains spare capacity surpassing 5 million barrels per day, crude prices jumped $7 within a 24-hour period, hitting $73 per barrel. He characterized this surge as merely the initial phase of additional gains, speculating whether values might climb to $80 or potentially $90 per barrel.

Al-Harami noted that any pricing above $65 per barrel would favor American shale operations and stimulate enhanced sector investment. He underscored that greater increases would arise from expanding warfare consequences and mutual attacks between Israel and Iran, potentially encompassing other Gulf Arab countries, thus 鈥渃ommencing the actual calamity.鈥

Strong blow to sentiment

IG market specialist Tony Sycamore described the escalation as 鈥渁 major hit to market confidence鈥 throughout financial sectors generally, not limited to energy trading, forecasting significant capital flight from risk investments by week鈥檚 close. He observed that market participants are watching for 鈥減otential Iranian reprisals,鈥 which might shape trading patterns in upcoming sessions.

Supply concerns
Strategic analyst at Pepperstone Ahmed Aseeri explained that current price increases reflect a combination of immediate supply concerns and expectations of gradually escalating tensions, unlike previous Iran-Israel tension rounds that usually ended quickly or through international containment pressures.

Contagion spread

Phillip Nova Singapore market analyst Priyanka Sachdeva verified that Iran鈥檚 preparation for military reprisals amplifies dangers, extending beyond supply interruptions to include prospects of geopolitical spillover affecting neighboring oil-producing nations, possibly driving crude prices back to heights not witnessed in 10 years.

Production disruption

Lipow Oil Associates President Andy Lipow outlined that crude prices might surpass $100 per barrel should any Gulf petroleum production installations face disruption, although he emphasized the baseline projection presumes leading nations will work to limit escalation and avoid further deterioration.

Major doubts

XM Australia鈥檚 CEO Peter McGuire depicted 鈥淚sraeli-Iranian conflicts鈥 as producing 鈥渃onsiderable anxiety鈥 spurring market fluctuations, explaining that oil values react predominantly to imminent supply vulnerabilities compared with other elements.

Price projections

Natasha Kaneva, JPMorgan鈥檚 global commodities strategy chief, projected possible price crests at $120, though she balanced this by saying that markets could tumble to $40 if additional supplies materialize and demand weakens. Geopolitics maintains its dominance.

Broader conflict and worst scenario

JPMorgan detailed in a latest research analysis that the gravest outcome entails possible hostilities spreading to encompass oil supply interruptions from surrounding states, including endangering maritime transit via the Strait of Hormuz.

JPMorgan specified that this hard-line possibility holds approximately 7 percent likelihood, implying prices might achieve 鈥渆xplosive鈥 growth propelled by international market alarm if the area deteriorates into extensive conflict.

Despite such warnings, the bank retained fundamental projections for Brent petroleum in the 60s per barrel territory for the remainder of 2025, expecting area and worldwide powers to suppress escalation, followed by approximately $60 in 2026.

Future scenarios

As regional geopolitical strain escalates, market observers concentrate on potential developments that might determine global crude price directions. If leading powers including the US and EU intervene to ease hostilities and forestall military reprisals between Iran and Israel, prices would likely diminish progressively toward pre-tension benchmarks. This pathway hinges on diplomatic effectiveness and immediate crisis management, which JPMorgan endorses in its fundamental outlook.

Alternatively, if Iran strikes back forcefully or hostilities broaden to encompass Iranian oil installations or Strait of Hormuz transit, petroleum prices could climb beyond $100-120 per barrel within global energy market pandemonium. This scenario might worsen should obstruction of the Strait of Hormuz happen, which JPMorgan characterized as the direst possibility, cited by Andy Lipow and Priyanka Sachdeva as realistic.

Three key factors to monitor

Against this backdrop of tensions, markets demonstrate limited potential for immediate calm, particularly as the Iranian challenge represents one of the most convoluted international political crises spanning over two decades. While investors endeavor to absorb ongoing developments, the short-range objective involves 鈥渟tability鈥 over inflated values. Hence, three principal indicators should be watched to determine pricing patterns:

First, Iran鈥檚 response style: Will it remain token or threaten supply continuity? Analysts regard Tehran鈥檚 reaction approach as the decisive factor influencing market trends in coming days.

Second, global powers鈥 effectiveness: Will they manage to shield the area from regional conflict? International mediation efforts need to serve crucial roles in limiting escalation and preventing progression toward wider confrontation.

Third, futures trading patterns: Do they demonstrate 鈥渟ustained crisis鈥 or 鈥渕omentary surge鈥 characteristics? Oil derivative contracts will deliver clear indications of market projections for extended timeframes. If pricing sustains long-term increases, this signals markets foresee continuing instability; if levels stabilize, this reflects perception of current turbulence as fleeting.

Broadly speaking, geopolitical dynamics will maintain control over petroleum markets in the near future, but if balance fails, effects will reach beyond energy to global price indices and economic development, with possible return to $100 pricing, potentially shadowing the entire world economy.


Pakistan PM urges 鈥榗redible鈥 global action to halt Israel鈥檚 war in call with Iran鈥檚 president

Pakistan PM urges 鈥榗redible鈥 global action to halt Israel鈥檚 war in call with Iran鈥檚 president
Updated 46 min 41 sec ago

Pakistan PM urges 鈥榗redible鈥 global action to halt Israel鈥檚 war in call with Iran鈥檚 president

Pakistan PM urges 鈥榗redible鈥 global action to halt Israel鈥檚 war in call with Iran鈥檚 president
  • President Masoud Pezeshkian calls for greater Muslim unity in the face of escalating regional threats
  • Pakistan鈥檚 defense minister also urges Muslim countries to sever their diplomatic relations with Israel

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday urged the international community and the United Nations to take 鈥渦rgent and credible steps鈥 to end Israel鈥檚 war in Iran, during a phone call with a phone call with Iranian President Masoud Pezeshkian, according to a statement from his office.

Israel launched surprise attacks on Iranian nuclear and military facilities in the early hours of Friday amid Tehran鈥檚 negotiations with Washington over its nuclear program. The strikes killed several senior military commanders and nuclear scientists, according to Iranian media, and also caused civilian casualties.

Israel, at war in the region since October 2023, initially launched a military campaign against Gaza following a Hamas assault, which the Palestinian group said was retaliation for decades of oppression. Since then, the Israeli government has expanded its military operations to neighboring Muslim states such as Syria and Lebanon before targeting Iran.

Sharif said Pakistan stood in 鈥渞esolute solidarity鈥 with Iranian people and government during his conversation with the Iranian president.

鈥淭he Prime Minster denounced Israel鈥檚 blatant provocations and adventurism as a grave threat to regional and global peace and stability,鈥 said the statement released by his office after the phone call.

鈥淗e urged the international community and the United Nations to take urgent and credible steps to put an end to Israel鈥檚 aggressive behavior and its illegal actions,鈥 it added. 鈥淗e stated that Pakistan was fully committed to promoting peace in the region and stood ready to play its role in this context.鈥

Sharif also conveyed condolences over the loss of life in Friday鈥檚 Israeli strike and recalled Pakistan鈥檚 statement of support for Iran during an emergency session of the UN Security Council a day earlier.

The Iranian President thanked Pakistan for its solidarity and support and called for greater unity among Islamic countries in the face of escalating regional threats.

UNIFIED STRATEGY

Earlier in the day, Pakistan鈥檚 Defense Minister Khawaja Asif urged Muslim nations to adopt a unified strategy to counter Israel, warning that failure to act collectively would leave them vulnerable, as he expressed full diplomatic support to Iran in a speech to the National Assembly following Israeli strikes.

鈥淛ust as Israel is currently targeting Yemen, Iran, and Palestine, if the Muslim world does not unite today and continues to prioritize its own interests and agendas, then everyone鈥檚 turn will come,鈥 he told lawmakers.

鈥淎n OIC meeting should be convened, and all Muslim countries must come together to devise a strategy through which Israel can be confronted collectively,鈥 he continued. 鈥淭here is a need for an initiative that reflects the unity of the Islamic world. Wherever there are diplomatic ties with Israel in the Muslim world, they should be severed.鈥

The Pakistani minister added the Muslim world remained 鈥渕ilitarily vulnerable鈥 and voiced what he described as Pakistan鈥檚 unwavering solidarity with Iran.

NO NUCLEAR TALKS
The Iranian foreign ministry also announced during the day it would no longer take part in planned nuclear negotiations with the United States in Oman, calling them 鈥渕eaningless鈥 while Israeli attacks continued.

鈥淚t is obvious that in such circumstances and until the Zionist regime鈥檚 aggression against the Iranian nation stops, it would be meaningless to participate in dialogue with a party that is the biggest supporter and accomplice of the aggressor,鈥 an Iranian spokesperson said, according to international wire agencies.

Israel鈥檚 defense minister also warned 鈥淭ehran will burn鈥 if Iran continued to launch missiles at Israeli cities. Iran had retaliated on Friday night by launching a barrage of missiles at Israel, with explosions lighting up the skies over Jerusalem and Tel Aviv.

Just a day earlier, hours after Israel targeted Iran, Pakistan鈥檚 envoy to the UN, Ambassador Asim Iftikhar Ahmad, condemned the strike on Iran鈥檚 military and nuclear infrastructure, calling it a violation of international law.

鈥淚ran has the right to self-defense under Article 51 of the UN Charter,鈥 he said, urging all sides to avoid further escalation and emphasizing the need to resolve tensions through diplomacy.