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HomeWorldIran war Day 11 HIGHLIGHTS: Tehran warns US—‘get ready for crude oil...

Iran war Day 11 HIGHLIGHTS: Tehran warns US—‘get ready for crude oil to reach $200 a barrel’

US and Israel continued pounding Iran, which has said it would block oil shipments from the Gulf unless the attacks cease.

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The US and Israel have continued pounding Iran, which has said it would block oil shipments from the Gulf unless the attacks cease.

While attacks across West Asia continued Wednesday, global markets appeared convinced that US President Donald Trump will seek an end to the conflict soon.

Trump has not defined what victory would look like, but on Monday did not repeat declarations that Iran must let him choose its leader.

Iran has refused to bow to Trump’s demand that it let the US choose its new leadership, naming hardliner Mojtaba Khamenei as Supreme Leader to replace his father, who was killed on the war’s first day.

More than 1,300 Iranian civilians have been killed since the US and Israeli airstrikes began on 28 February, according to Iran’s UN ambassador Amir Saeid Iravani. ⁠He said nearly 8,000 ​homes have been destroyed, along with 1,600 “commercial and service centers” and dozens of medical, educational and energy-supply facilities.

Scores have also been killed in Israeli attacks on Lebanon, while Iranian strikes on Israel have killed 12 people.

Iran, in retaliation, has struck US military bases and diplomatic missions in Arab Gulf states but also hit hotels, closed airports and damaged oil infrastructure.

In addition to the seven US soldiers killed at the outset of the conflict, the Pentagon Tuesday ​estimated that about 140 American troops have been wounded.

Iran & US-Israel conflict Day 11 | HIGHLIGHTS

8.30 pm: Way ahead of timetable, says Trump on Iran war

In an interview with Axios, US President Donald Trump said the war in Iran is “going great”.

He added, “We are way ahead of the timetable. We have done more damage than we thought possible, even in the original six-week period.”

7.15 pm: Won’t let single drop of oil reach US, warns Iran

Warning the US that Tehran will not allow “even one litre of oil” to reach the US and its allies, a spokesperson for Iran’s ⁠Khatam ‌al-Anbiya military command headquarters said Wednesday that “any vessel or tanker bound to them will now be a legitimate target”. 

“Get ready for the oil barrel to be at $200 ‌because the oil price depends on the regional ‌security ‌which you have destabilised,” the spokesperson said, adding that Iran will no longer carry out “reciprocal” strikes against US allies in the region.

6.30 pm: RAF has flown 230+ ops, says Starmer

During Prime Minister’s Questions, UK PM Keir Starmer Wednesday said the Royal Air Force (RAF) have “flown over 230 hours of defensive operations” over multiple countries since the first wave of US-Israeli strikes on Iran.

6.15 pm: Israel launches another wave of strikes

On Wednesday, the Israel Defence Forces (IDF) reportedly struck targets in southern Lebanon and Iran in a fresh wave of strikes. The IDF, BBC reported, announced it had begun a “wide-scale wave” of attacks.

5 pm: Thousands gather in Tehran for funerals of Iranian commanders

On Wednesday, Tehran Times reported a massive gathering in Tehran for the funerals of senior Iranian commanders killed in joint US-Israeli strikes since 28 February.

4.15 pm: Thai ship struck while transiting Strait of Hormuz

The Royal Thai Navy in a statement Wednesday said that a Thai-flagged cargo ship was struck while transiting the Strait of Hormuz. A total of 23 Thai crew members were rescued by Oman’s Navy from the vessel, the statement added.

3.45 pm: War must end before it engulfs region, says Erdogan

As the conflict in West Asia entered its 11th day, Turkish President Recep Tayyip Erdogan said Wednesday that this “war must be stopped before it becomes bigger and completely engulfs the region in flames”.

Earlier in the day, Qatar said it had intercepted a second round of missiles while Oman said it downed one drone while another fell into the sea.

3.10 pm: G7 ‘in principle’ support use of ‘strategic reserves’

G7 energy ministers said they have given “in principle” support for the use of “strategic reserves” of energy due to the West Asia conflict, a release by France said.

G7 members held discussions Wednesday. “G7 members will carefully consider the recommendations issued during these discussions. We agreed to stand ready to take all necessary measures in coordination with IEA members,” the statement said.

2.45 pm: Markets relatively calm today

Markets worldwide were calm Wednesday as oil prices were around $89 per barrel, days after this figure surged to nearly $120 per barrel.

Most of indexes in Europe and Asia were below where they were before the war started, but investors appeared to have steadied their ship after US President Trump indicated that the war could end soon.

1.30 pm: IEA may release oil reserves

Bloomberg reported that the International Energy Agency is proposing a release of emergency oil reserves to contain a spike in energy prices driven by the West Asia war. It was not clear whether the IEA proposal was formal and included specific amounts for member nations. While countries have so far agreed in principle to inject more oil into the market if needed, it is not evident that all believe that the situation is yet urgent enough to make that move.

A meeting of G-7 heads of state Wednesday will discuss the stockpile release, French Finance Minister Roland Lescure said separately.

12.35 pm: US envoy says India a ‘great partner’ 

Amidst reports of LPG scarcity across the country due to the Gulf conflict, US Ambassador to India Sergio Gor tweeted Wednesday: “India has been a great partner in maintaining stable oil prices around the world. The United States recognises ongoing purchases of Russian oil are a part of this effort. India is one of the largest consumers and refiners of oil and it is essential for the United States and India to work hand in hand for market stability for Americans and Indians.”

Read more about measures announced by the Indian government to ensure there is no shortage of gas for domestic use and essential sectors here.

12.30 pm: Report says IRGC Colonel among 9 killed in Iran

Al Jazeera, quoting Tasnim news agency, reported that nine people have been killed in an attack on Aligudarz city of Iran. Among those killed was Islamic Revolutionary Guard Corps (IRGC) Colonel Seyyed Ebrahim Mousavian, it said.

11.15 am: Iran says it is attacking US bases across Gulf 

Iran’s Revolutionary Guards said it has launched missiles targeting US bases of Al Udeid in Qatar, Camp Arifjan in Kuwait and Harir in Iraq.

State media ISNA said the “massive launch” also targeted the US Navy’s Fifth Fleet, and that the “operational infrastructure of the US army was destroyed”. A separate post called it the “most devastating and heaviest operation” since the beginning of the war.

Qatar’s Ministry of Defence said in a tweet that it intercepted a fresh missile attack, shortly after issuing an ‘elevated’ security threat.

On Wednesday, Israel said it had identified missiles launched from Iran, and Saudi Arabiasaid that it had intercepted and destroyed two drones. Sirens also sounded in Bahrain, which hosts the headquarters of the Fifth Fleet.

The British military has said that a cargo ship is ablaze in the Strait of Hormuz after being hit by a projectile, news agency AP reported.

11.00 am: Israeli attack kills one in Lebanon

Lebanon said at least one person was killed and two people were injured in an Israeli attack on the town of Zlaya, according to NNA news agency.

The government also said that four others were wounded in an attack on town of Tibnin, Bint Jbeil district.

10.45 am: UN Security Council vote today

The UN Security Council is expected to vote later Wednesday on separate resolutions on the Iran war.

The first one by Gulf countries condemns attacks on them by Iran. The other, backed by Iranian ally Russia, condemns all attacks against civilians and urges the involved parties to stop fighting and return to negotiations.

9.45 am: ‘Strait too dangerous for military escort’

While Trump had said that the US military will escort ships safely through the Strait of Hormuz, Reuters reported that the US Navy has refused requests since Operation Epic Fury, saying that the risk of attack is too high for now. The Reuters report quoted sources.

The war has effectively blocked the Strait of Hormuz, halting the flow of one-fifth of the world’s oil that flows from the Gulf. Crude oil prices surged this Monday, but came down as investors bet that Trump aims to end the war soon.

9.30 am: Israel’s message to Iranians 

Israel Prime Minister Benjamin Netanyahu Tuesday night said in an address that his country will make the conditions suitable for Iranian people to “gain” their “freedom. Israel has maintained that regime change is one of the end goals of its war on Iran.

8.45 am: Iran Foreign Minister and Jaishankar talk on phone

External Affairs Minister S. Jaishankar Wednesday confirmed that he spoke with Iran Foreign Minister Seyed Abbas Araghchi. Unlike Iran’s statement, EAM’s tweet on the call was brief, and said only that the two leaders discussed the conflict and “agreed to stay in touch”.

In contrast, the Iran statement said: “The foreign ministers of Iran and India also discussed the consequences of the US and Israeli regime’s military aggression on the security of shipping and vessel traffic through the Strait of Hormuz. Referring to Iran’s principled approach to safeguarding shipping security in the Persian Gulf, Iran’s Foreign Minister reminded that the insecure situation and problems arising for shipping in the Persian Gulf are a result of the aggressive and destabilising actions of the United States, and the international community must hold the US accountable for this situation.”


Also Read: Iran war pummels India’s already turbulent aviation sector. Your ticket fare will get hit next


8.30 am: US ‘destroys’ mine-laying vessels

The US military said it has “eliminated” 16 Iranian mine-laying vessels near the Strait ‌of Hormuz on Tuesday. President Donald Trump had warned that any mines laid in the Strait by Iran must be removed immediately. Trump previously said the US had “completely destroyed” 10 inactive mine-laying vessels.

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