Iran fires air defences at military base after suspected Israeli drone attack  – National

An apparent Israeli drone attack on Iran saw troops fire air defences at a major air base and a nuclear site early Friday morning near the central city of Isfahan, an assault coming in retaliation for Tehran’s unprecedented drone-and-missile assault on the country. No Iranian official directly acknowledged the possibility that Israel attacked, and the … Read more

Joly says Canada is monitoring escalating Iran-Israel tensions ‘closely’ – National

Foreign Affairs Minister Melanie Joly says Canadian officials are monitoring the situation in the Middle East “closely” after reports Iran fired air defences to thwart a suspected Israeli drone attack Friday morning. Her comment, posted on the social media platform X early on Friday, came as G7 foreign ministers are currently meeting in Italy, and … Read more

All-out war, or measured retaliation?

A banner depicting missiles and drones flying past a torn Israeli flag, with text in Persian reading “the next slap will be harder” and in Hebrew “your next mistake will be the end of your fake state”, hangs on the facade of a building in Palestine Square in Tehran on April 14, 2024.  Atta Kenare … Read more

Iran’s attack on Israel prompts U.S., U.K. sanctions – National

The U.S. and U.K. on Thursday imposed a new round of sanctions on Iran as concern grows that Tehran’s unprecedented attack on Israel could fuel a wider conflict in the Middle East. Treasury’s Office of Foreign Assets Control targeted 16 people and two entities in Iran that produce engines that power the drones used in … Read more

U.S. unveils sanctions on Iran’s drone program following Israel attack

Unidentified men are carrying a model of Iran’s first-ever hypersonic missile, Fattah, past a mosque during a gathering to celebrate the IRGC UAV and missile attack against Israel, in Tehran, Iran, on April 15, 2024.  Morteza Nikoubazl | Nurphoto | Getty Images The Biden administration on Thursday announced new sanctions targeting Iran’s drone program for … Read more

‘Iran is in for the long haul’ with oil tanker hijacks, expert says

Iranian soldiers take part in an annual military drill in the coast of the Gulf of Oman and near the strategic Strait of Hormuz. Anadolu | Anadolu | Getty Images The containership MSC Aries seized by Iran over the weekend marked at least the sixth vessel hijacked by Iran and its proxies in response to … Read more

Treasury Department to impose sanctions on Iran after Israel attack

Janet Yellen, US treasury secretary, during a news conference at the Treasury Department in Washington, DC, US, on Tuesday, April 16, 2024.  Tierney L. Cross | Bloomberg | Getty Images Treasury Secretary Janet Yellen said Tuesday that the U.S. is preparing new sanctions on Iran after the country launched hundreds of drones and missiles at … Read more

Israel’s war cabinet is locked between restraint and revenge

Vowing retribution but urged to show restraint, Israel has yet to agree on its response to an expansive drone and missile strike carried out on its territories by Iran on Saturday. A Monday meeting of Israel’s five-person war cabinet, headed by Prime Minister Benjamin Netanyahu, concluded without comment on whether the Jewish state will honor its pledge … Read more

Gold is shining ‘bright like a diamond’ and could hit $3,000 says Citi

An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023.  Chalinee Thirasupa | Bloomberg | Getty Images Gold prices continued to hover near record highs days after Middle East tensions flared, boosting the safe-haven appeal of bullion. Gold prices notched another record close … Read more

How Israel’s Iron Dome works as officials say it blocked 99% of Iran strikes – National

After decades of enmity and proxy conflict, Iran directly attacked Israel for the first time on Saturday. A top Israeli military official said Iran fired 170 drones, more than 120 ballistic missiles, and over 30 cruise missiles at Israel, and that 99 per cent were intercepted. A seven-year-old girl was reported severely injured by shrapnel … Read more