Netanyahu vows prolonged strikes on Iran: Operation Rising Lion escalates conflict

Israel's Operation Rising Lion marks a decisive escalation with the killing of top Iranian commanders and nuclear scientists, triggering global oil prices to surge nearly 8% and defense stocks to rally. Netanyahu's pledge to sustain the campaign signals a prolonged regional conflict with significant geopolitical and economic repercussions.

Sources:
ReutersBloomberg+11
Updated 22m ago
Tab background
Sources: CNNReutersNpr+4
Israel launched a major military campaign, Operation Rising Lion, targeting Iran's nuclear facilities, ballistic missile factories, and senior military leaders, including the killing of IRGC commander Major General Hossein Salami.

Prime Minister Benjamin Netanyahu declared, "We are at a decisive moment in Israel's history" and vowed the operation would continue "for as many days as it takes to remove this threat."

The strikes hit Iran's nuclear enrichment site at Natanz and destroyed dozens of radars and missile launchers, signaling a significant escalation in regional tensions.

Iran's Supreme Leader Ayatollah Ali Khamenei condemned the attacks as "wicked and bloody" and warned Israel would face a "bitter fate." Iran retaliated with drone attacks, and fears of a wider Middle East conflict have intensified.

Global markets reacted sharply: oil prices surged nearly 8%, with Brent crude nearing $74 a barrel, while U.S. stocks fell amid investor risk aversion. Defense stocks rallied, and cryptocurrencies declined.

International leaders, including those from the U.K., France, and Germany, urged restraint to avoid further destabilization.

"This development is deeply concerning," said Israel's Defense Minister Israel Katz, highlighting the gravity of the situation.

The U.S. confirmed it was not militarily involved but provided intelligence support and pledged to defend Israel if needed.

The strikes jeopardize ongoing diplomatic efforts to curb Iran's nuclear ambitions, with talks planned in Oman now overshadowed by military escalation.

The conflict's impact extends to global energy supplies, as Iran is a major OPEC oil producer, raising concerns over potential disruptions in the Strait of Hormuz.

This unfolding crisis marks a pivotal moment in Middle East geopolitics, with Israel determined to neutralize what it perceives as an existential threat from Iran's nuclear program.
Sources: CNNReutersFinance+1
Israel launched Operation Rising Lion, striking Iran’s nuclear and military sites, killing top commanders including IRGC head Hossein Salami. Prime Minister Netanyahu vowed prolonged attacks to neutralize Iran’s threat. The strikes sparked global market turmoil and international calls for restraint amid fears of wider Middle East conflict.
Section 1 background
We are at a decisive moment in Israel's history. Moments ago Israel launched Operation Rising Lion, a targeted military operation to roll back the Iranian threat to Israel's very survival. This operation will continue for as many days as it takes to remove this threat.
Prime Minister Benjamin Netanyahu
Reuters
Israel had unleashed its wicked and bloody hand in a crime against Iran and that it would receive a bitter fate for itself.
Iran's Supreme Leader Ayatollah Ali Khamenei
Reuters
Our top priority is protecting American forces in the region while warning Iran should not target U.S. interests or personnel.
U.S. Secretary of State Marco Rubio
1
Israel is prepared to keep attacking Iran for as many days as it takes after his country carried out strikes on its nuclear and military facilities overnight.
Prime Minister Benjamin Netanyahu
Finance
Key Facts
  • Israel launched widescale strikes on Iran targeting nuclear facilities, ballistic missile factories, and military commanders as part of a prolonged operation to prevent Tehran from building an atomic weapon.ReutersNprCNN3
  • Major General Hossein Salami, head of the IRGC, and six Iranian nuclear scientists were killed in the Israeli strikes, marking a significant blow to Iran's military and nuclear leadership.CNNReuters2
  • Israel targeted Iran's main nuclear enrichment facility at Natanz and destroyed dozens of radars and missile launchers in a large-scale strike against Iranian air defenses.Reuters3Npr
  • Operation Rising Lion was announced by Netanyahu as a targeted military campaign to roll back the Iranian threat, with a vow to continue 'for as many days as it takes' to remove the threat.Reuters3Npr
  • European natural gas prices surged sharply and global oil prices jumped as much as 8% amid fears of a wider Middle East conflict following the Israeli strikes on Iran.BloombergFinance
  • Defense stocks like Ideaforge and Hindustan Aeronautics Ltd (HAL) rallied up to 8% on the day of the strikes amid rising war fears and increased investor interest in defense-linked companies.M
Key Stats at a Glance
Number of Major Iranian military leaders killed
1 points
1
Number of Iranian nuclear scientists killed
6 points
Reuters
Increase in oil prices after strikes
8%
Finance
Brent crude futures price
$74 a barrel
Finance
West Texas Intermediate futures price
$73 a barrel
Finance
Increase in Hindustan Aeronautics Ltd (HAL) stock price
1.9%
M

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