Israel launched a military strike on Iranian nuclear sites late Thursday night, June 12, further destabilizing an already volatile region and threatening to derail ongoing diplomatic efforts aimed at curbing Iran’s nuclear ambitions.
Oil in after-hours trading shot up. The price of crude oil in early trading on June 12 showed that Brent crude futures rose by $5.29, or 7.63%, to $74.65 per barrel, and US West Texas Intermediate crude was up $5.38, or 7.91%, at $73.42 per barrel, after the Israeli strikes on Iran.
The Israeli offensive was carried out without overt US military backing, comes just days ahead of a planned sixth round of nuclear negotiations between Iran and world powers, scheduled to take place Sunday in Oman. While the full extent of the damage remains uncertain, the attack marks one of the most direct military confrontations between the two longtime adversaries in recent years.
Iranian state media said Islamic Revolutionary Guards Corps commander Hossein Salami was killed in the bombing in Tehran, a direct hit on Iran’s top military leadership.
“Tonight, Israel took unilateral action against Iran. We are not involved in strikes against Iran and our top priority is protecting American forces in the region,” said Secretary of State Marco Rubio. “Israel advised us that they believe this action was necessary for its self-defense. President Trump and the Administration have taken all necessary steps to protect our forces and remain in close contact with our regional partners. Let me be clear: Iran should not target U.S. interests or personnel.”
The air strikes targeted Iran’s expanding nuclear program and military leadership, killing the head of the Islamic Revolutionary Guards Corps and hitting dozens of sites in an operation that risks plunging the region into a new conflict with unpredictable consequences and possible global war.
According to Israel, dozens of aircraft completed the initial wave of attacks before dawn Friday.
Prime Minister Netanyahu said, “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.”
The situation is fluid and likely to change by the hour.
The US has insisted that Iran must abandon its uranium enrichment capabilities essential for building a nuclear weapon, a demand Iran has rejected, leaving talks stalled.
The timing of the escalation comes just as America faces its own internal insurrection from illegal immigrants and their enablers, many of whom are planning riots for Saturday, which is Flag Day.