Economy

News in Brief: US to Strike Iran in 48 Hours if... Rockets, Explosions, and Billion-Dollar Damages

Lilit T.
News in Brief: US to Strike Iran in 48 Hours if... Rockets, Explosions, and Billion-Dollar Damages

Here are the highlights from yesterday's news:

  • Trump threatened to strike Iran's power plants within 48 hours if the Strait of Hormuz is not reopened.
  • The world's 20 largest airlines have lost approximately $53 billion due to the US-Iran conflict, as fuel prices have also doubled.
  • Several powerful explosions have been reported near Tehran and Damavand, amid Israeli strikes.
  • The UAE and Saudi Arabia have announced efforts to intercept Iranian missiles and drones.
  • A military helicopter has crashed in Qatar due to technical malfunctions, with search operations ongoing.
  • The speaker of Iran's parliament has threatened a new phase of war, indicating that Israeli skies are "defenseless" after the Dimona strikes.
  • More than 100 people have been injured due to the attacks on Arad and Dimona, with buildings damaged.
  • In Israel, Iranian missile attacks have been recorded primarily targeting Eilat and other areas, most of which were intercepted.
  • At Spain's Fallas Festival, effigies depicting Trump, Putin, and Netanyahu were burned in a satirical display.
  • The burning of over 700 figures at Fallas symbolized cleansing and a new beginning, focusing on global conflicts.
  • The alleged daily military expenses for the US in the war against Iran reach nearly $1 billion.

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