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The ECB lifted its benchmark interest rate to 2.25 percent, citing upside risks to inflation and uncertainty over the Middle East conflict.
Central Command added that it has disabled nine vessels and redirected 135 ships that complied with the military’s directives.
The president said the strikes would start within hours. He warned the U.S. will take control of Iran’s oil and gas industries ‘in the not too distant future.’
The measures target procurement networks accused of assisting Iran in acquiring weapons and military-related equipment.
The embassy urged all U.S. citizens in the country to seek overhead cover and shelter in place immediately.
The alert points citizens toward a Level 4 ‘Do Not Travel’ advisory as the embassy suggests possible travel disruptions with short notice could occur.
The Indian Foreign Ministry condemned the U.S. strike, saying three Indian nationals remain missing.
‘Their military is defeated, and their economy is lost,’ the U.S. president said on Truth Social.
Washington has raised pressure on communist-led Cuba, and as U.S. forces have intensified fighting with Iran.
‘Recent conditions and developments must be carefully reviewed,’ said an Iranian Foreign Ministry spokesman.
In response, Iran’s top military leaders announced that Iran would again close the Strait of Hormuz.
The reported airstrikes followed a deadly militant assault on a Pakistani security checkpoint.
The World Cup begins on June 11 and FIFA chief Gianni Infantino told an audience in Los Angeles the tournament would be akin to staging ‘104 Super Bowls.’
The attacks came just hours after U.S. Central Command said its forces completed ‘self-defense strikes’ against Iran.
China’s teapot refiners cut output because of a weak economy and reliance on stockpiles that won’t last.
Beijing is leaning on stockpiles built up over years to ride out the Strait of Hormuz shutdown. Analysts say these reserves have limits.
The vessel’s crew didn’t comply with directions from the U.S. military, CENTCOM said.
Trump had earlier vowed to retaliate, hours after he announced negotiations with Tehran were in their ‘final throes.’
The president credited a U.S. blockade of Iranian ports for pushing Iran toward a deal as negotiations enter a final phase.
American Airlines has suspended some of its routes amid rising fuel costs, while Spirit Airlines shut down operations last month.
