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Sunday, 29 June 2025
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Israel vows Iran will ‘pay the price’ as attacks continue for a fourth day

Israel vows Iran will ‘pay the price’ as attacks continue for a fourth day

Trails of Iranian ballistic missiles bring the night sky to light, as was seen on June 15, 2025 during a renewed missile strikes launched by Iran in retaliation against Israel.

Anadolu | Anadolu | Getty images

Tehran will “pay the price” for his latest missile attack against Israel, the Jewish State Defense Minister warned on Monday, as there were markets hanging for the fourth day of conflict between regional powers in the markets.

Fire exchange continues since Israel’s Friday attack against Iran with Iran media. Reporting Tehran’s latest strike gave Tel Aviv, Jerusalem and Haifa home in a major refinery. CNBC has reached the operator Bazan to comment on the operation status at HIFA plant, Reports Damage to Israel’s energy infrastructure.

According to a statement by NBC News, Iran’s revolutionary guard stated overnight that it deployed “innovative methods” that “disrupted the enemy’s multi-layered defense systems, at the point that Zioni air defense systems are engaged in targeting each other.”

Israel is widely dependent on its highly efficient Iron dome missile defense system To discontinue attacks in regional conflicts – but even it can be overwhelmed if a large number of projects are removed.

Why Iran will not block the Hormuz Strait Oil Artery as a war with Israeli Carghe

The fresh enmity is on the front side for investors, weighing the possibilities of moving into the conflict and spillover in broad-rich Middle East, concerns on the raw supply and the strategies of the Hermuz and the Gulf of the Persia through the Strait of the Hermuz and the major shipping lane for the Gulf of Oman.

Oil prices upheld the recent gains of recent times and at 09:19 pm, Ice Brent Futures were trading at $ 73.81 per barrel with August delivery at $ 73.81 per barrel. With the end of July, the Nymex WTI contract was $ 72.7 per barrel, 0.38% lower.

Somewhere else, however, markets showed early signs of reducing the latest enmity in early Monday.

Spot prices back in the morning for the leading safe-horn asset gold, down 0.42% to $ 3,417.83 per ounce Almost naughty In the session, two years high, with US gold futures, also from 0.65% to $ 3,430.5

Tel Aviv share indices described the blue -chip TA -35 0.99% and comprehensive TA -125 to 1.33%.

European stock market Opened on MondayMeanwhile, and US Stock Futures Were also in green.

Luis Costa, a global head of EM sovereign credit at Citigroup Global Markets, indicated that the silent response, in the part, may be responsible for the expectations of a sharp resolution for conflict.

“So the markets are clearly, you know, keeping all possible scenarios in mind. This story has clearly very poor landscapes,” he told CNBC’s “Europe Earlier Edition” on Monday. “But there is still a way, you know, bringing a fast resolution and bringing Iran to the table, or a small continuity here, a very surgical and intensive strike by the Israeli army.”

American reaction in focus

By Monday morning, Israel’s National Emergency Service Magen David Adom reported four dead and 87 injuries after a rocket strike at four sites in “Central Israel”, reporting people trapped under the collapsed buildings, fire and debris.

Israeli Defense Minister Israel Katz, a long -time ally of Prime Minister Benjamin Netanyahu, Israeli Defense Minister Israel Katz said that Israel accused the defense forces “of targeting citizens in Israel to prevent” the attack from continuing the attack. Social media update That “Tehran residents will pay the price, and soon.”

He later clarified in Google-translation Update “Tehran’s residents will be forced to pay the price of dictatorship and remove their homes from areas where it would be necessary to attack the goals and security infrastructure in Tehran.”

IDF on Sunday Said This in turn completed “in Tehran, a wide scale of attacks on the QUDS force, IRGC and several arms production sites related to the IRGC.”

CNBC could not verify development on the ground independently.

America’s reaction is now in meditation, its close support and arms provision to Israel, unexpected Cancelled Washington’s latest nuclear deal interacted with Iran, and President Donald Trump’s historically difficult stance against Tehran during his first term.

According to NBC News, Trump, who is pushing Iran for a deal on his nuclear program, has weighed the struggle opposing Israel’s proposal to kill Iran’s supreme leader, Ayatollah Ali Khamenei.

Discussion about the conflict is expected during the ongoing meeting of G7, with Canada, France, Germany, Italy, Japan, UK and America, with the European Union.

, Katrina Bishop of CNBC contributed to this report.

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