"Iran's joint military command announced it would start targeting banks and financial institutions in the Middle East. That would put at risk particularly Dubai, in the United Arab Emirates, which is home to many international financial institutions, as well as Saudi Arabia and the island kingdom of Bahrain."
"Earlier, a projectile hit a Thai cargo ship off the coast of Oman in the Strait of Hormuz, setting it ablaze. Authorities are searching for three missing crew members from the Mayuree Naree after 20 were rescued by the Omani navy, according to Thailand's Marine Department."
"Iran has effectively stopped cargo traffic in the narrow strait through which about a fifth of all oil is shipped. It has also targeted oil fields and refineries."
Iran intensified its campaign across the Persian Gulf by attacking commercial vessels and targeting Dubai International Airport with drones, wounding four people while flights continued. Iran's military command announced plans to target banks and financial institutions throughout the Middle East, threatening Dubai, Saudi Arabia, and Bahrain. A Thai cargo ship was hit in the Strait of Hormuz, catching fire with three crew members missing. Israeli intelligence reported Iran's new supreme leader Mojtaba Khamenei was wounded at the war's start. Kuwait and Saudi Arabia reported intercepting Iranian drones targeting their territories. Iran has effectively halted cargo traffic through the strait, disrupting approximately one-fifth of global oil shipments and targeting regional oil infrastructure.
#iran-military-escalation #persian-gulf-conflict #global-energy-disruption #maritime-security #middle-east-tensions
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