Israel and Iran Engage in Direct Strikes Amid Tensions with the US

On June 8, 2026, Israel conducted airstrikes against Iran, marking the first direct exchange of fire between the two nations since a ceasefire in April. This action follows an Israeli attack on a target in southern Beirut. In retaliation, Iran launched approximately 10 ballistic missiles at northern Israel, with explosions reported in Tehran, Isfahan, Karaj, and Tabriz, according to Iranian state media. US President Donald Trump, who previously stated, "I call all the shots," called for both nations to cease hostilities in a social media post. The conflict has raised regional tensions, prompting Saudi Arabia to activate missile alert sirens near a base housing US forces. Additionally, the Israeli army reported efforts to intercept a missile launched from Yemen by Houthi rebels, who have aligned with Iran in the ongoing conflict. The economic impact of these developments was evident, as Brent crude oil prices rose by $3.50 to $96.59 per barrel, while Asian stock markets experienced declines.