© news18.comTrump says Iran attacks may last weeks with Tehran defiant
The conflict continued to reverberate across the Middle East on Monday, with blasts heard across Israel, Saudi Arabia, Qatar and the United Arab Emirates, as states intercepted Iranian missiles launched in response to US-Israeli strikes. Oil surged the most in four years and airlines suspended flights, causing major disruptions at some of the world’s busiest airports.
The US said three fighter jets crashed in Kuwait due to an apparent friendly fire incident. Israel expanded its campaign to Beirut after coming under attack from Hezbollah fighters in southern Lebanon, who are allied with Tehran.
Oil traded about 10% higher near $80 a barrel as traders gauged the impact of the war on energy flows, with tanker traffic through the vital Strait of Hormuz at a near halt.