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******* says 300 Iranian drones and missiles downed in overnight *******

Iranians are waving Iranian flags and a ************ flag as they celebrate Iran’s IRGC UAV and missile ******* against ******* on April 14, 2024.

Nurphoto | Nurphoto | Getty Images

Iran rained a deluge of drones and missiles on ******* on Saturday night in response to a suspected ******** strike that ******* top Iranian officials in Syria, in a deep escalation of Middle East tensions.

******* said it identified 300 “threats of various types” and eliminated “99%” of those bound for ******** soil, according to

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, Rear Admiral Daniel Hagari. He said a 10-year-old girl was “severely injured by shrapnel” but reported no additional casualties, adding that “several launches” were also made toward ******* from Iraq, Yemen and Lebanon.  

Last night marked the first instance of a direct ******* on ******* from Iranian territory. Iran-backed factions – such as ************ militant group ******, Lebanon’s Hezbollah, Yemeni Houthi and Bashar al-Assad’s Syrian administration – have engaged militarily with the ******* state.  

Earlier on Saturday, Iran’s Revolutionary Guards had seized a cargo ship in the Strait of Hormuz, claiming a connection to *******.

Iran’s chief of staff of the armed forces, Major General Mohammad Bagheri, said that Tehran’s operation had now concluded and would involve no further actions, in comments

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.

******* and Iran have been on the cusp of direct conflict since the start of *******’s military campaign in the Gaza Strip, which came in response to ******’ ******* ******* of Oct. 7. Iran vowed revenge after a suspected ******** strike on an Iranian consulate in Damascus, Syria, on April 1, which ******* several top Iranian military commanders.

“We will not be able to comment on the claims regarding a strike in Damascus,” an ******** foreign ministry spokesperson told CNBC by email, adding, “Iran’s ******* on ******* on the night of April 14th is a direct ******* on a sovereign nation, its use of proxies for the last decades and the destabilizing effect of the Ayatollah regime in the region and beyond must end.”

*******’s Ambassador to the U.N., Gilad Erdan, has also

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of the U.N. Security Council and “demanded that they condemn Iran’s ******* on ******* and designate the Iranian Revolutionary Guard Corps as a ******* organization.”

The ********* Union has blasted Tehran’s offensive: “The EU strongly condemns the unacceptable Iranian ******* against *******,” EU High Representative Josep Borrell

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. “This is an unprecedented escalation and a grave threat to regional security.”

U.S. President Joe Biden also denounced the Iranian strike on Saturday as “unprecedented” and convened G7 leaders to “coordinate a ******* diplomatic response to Iran’s brazen *******,”

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.  

“While we have not seen attacks on our forces or facilities today, we will remain vigilant to all threats and will not hesitate to take all necessary action to protect our people,” he added.

Relations between stalwart allies Washington and ******* had appeared to slightly chill in recent weeks, with Biden warning further support would hinge on ******* taking steps to protect civilians and humanitarian aid workers in the Gaza enclave.

But the U.S. – alongside the U.K. and France, according to ******** military – intervened to mitigate last night’s Iranian ******* and the ******** could reignite urgency to pass a key $95 billion bill including funding for ******* and Ukraine, which has passed the Senate but stagnated on *********** opposition in the U.S. House of Representatives.

“In light of Iran’s unjustified ******* on *******, the House will move from its previously announced legislative schedule next week to instead consider legislation that supports our ally ******* and holds Iran and its ********** proxies accountable,” said House leader Steve Scalise

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.

“Congress must also do its part. The national security supplemental that has waited months for action will provide critical resources to ******* and our own military forces in the region,” Mitch McConnell, Senate *********** leader,

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. “We cannot hope to deter conflict without demonstrating resolve and investing seriously in ********* strength.”

Ramifications

Oil futures prices are in focus after intermittently swelling in recent months on trade disruptions and delays caused by Red Sea maritime attacks from Yemen’s Houthi, who claim solidarity with the ************ people.

Iran is also home to vast oil resources, which it has been largely routing toward China since the U.S. reimposed sanctions during Donald Trump’s administration.

The Tel Aviv Stock Exchange’s flagship index, the TA-35,

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0.38% at 10:23 a.m. London time.

In aviation, several airlines grounded or diverted service through the Middle East, following the Iranian *******. Jordan, Iraq and Lebanon have reopened their airspaces after brief closures on Saturday in the wake of the offensive, Reuters reports.

CNBC’s Emma Graham contributed to this report







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Breaking News: Politics,Politics,Breaking News: Markets,Markets,Iran,*******,Government and politics,Foreign policy,business news
#******* #Iranian #drones #missiles #downed #overnight #*******

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