Syria Financial News

Israel-Iran Tensions: Iran on April 13 launched a drone attack against Israel, which it blames for an attack on its embassy in Damascus (Syria). This marks the first wave of direct military assault amid high-strung tensions between Israel and Iran, raising alarms for a wider regional conflict.

The White House says it will provide unspecified support for Israel’s defense against an ongoing airborne attack from Iran.

Iran launched attack drones and missiles against Israel in apparent retaliation for a strike in Syria that killed top Iranian military officers, taking the conflict in the region into a perilous new phase. Digital assets trade during the weekends, giving investors a window on the potential mood when traditional markets reopen on Monday — though much can change between now and the restart.

Iran rained 200 missiles and drones over Israel, the latter's Prime Minister Benjamin Netanyahu said that the first attacks were repelled and that the confrontation was not over. «More than 300 projectiles were fired by Iran at Israel overnight, and over 99 per cent of them were intercepted,» the Israeli military said in a statement.

Iran launched drones into Israel in retaliation to the air strike on its embassy in Syria, the UK moved several additional Royal Air Force jets and air refuelling tankers to the region, the country's Ministry of Defence said in a statement on Sunday. It said the deployed jets will intercept airborne attacks within range of the UK's existing mission. «In response to increased Iranian threats and the growing risk of escalation in the Middle East, the UK Government has been working with partners across the region to encourage de-escalation and prevent further attacks,» the statement read.

Iran said it launched dozens of attack drones at Israel on Saturday, in an assault that could trigger a major escalation between the regional archenemies. Iran had vowed to retaliate against Israel for an airstrike on its embassy compound in Damascus, adding to concerns about the potential for further escalation of conflict in the Middle East. Iran has so far played no direct role in the conflict that has spread through the region since the onset of the Gaza war six months ago, while backing groups that have taken part by attacking Israel, U.S. interests, and Red Sea shipping.

AP that the effort to intercept the Iran-launched attack was continuing as US forces shot down some drones flying toward Israel. Meanwhile, the US along with its allies has warned Iran against escalating the conflict further.

West Asia. In a post on X (formerly Twitter), External Affairs Minister S Jaishankar wrote, “Spoke to UK Foreign Secretary Lord@David_Cameron today. Discussed the emerging situation in West Asia as also our bilateral ties." Additionally, India has also called on Iranian authorities in Tehran and Delhi to secure the early release of 17 Indians stuck on the cargo ship ‘MSC Aries’, said sources as quoted by PTI. The Mediterranean Shipping Company (MSC) is also working closely with relevant authorities for the welfare of all 25 crew members and the return of the vessel, the company said.

Donald Trump on Saturday blasted President Joe Biden over Iran's major attack on Israel, alleging that his rival in November elections showed American «weakness» in the Middle East. «God bless the people of Israel. They are under attack right now. That's because we show great weakness,» he said at a campaign rally in Pennsylvania.

provide unspecified support to Israel. “We are monitoring the threat," the Israeli military’s spokesman, Rear Adm. Daniel Hagari, announced in a nationwide television address, saying it would take several hours for the drones to reach Israel.

a suspected Israeli strike this month on an Iranian consular building in Syria that killed 12 people, including a senior Guard general. Iran has promised to retaliate, and U.S. President Joe Biden cut short a weekend trip to his beach house in Delaware to return to the White House and monitor the situation.

ship seized by Iran's Revolutionary Guards off the UAE coast on Saturday, 17 are Indian, PTI reported citing sources. «We are aware that a cargo ship 'MSC Aries' has been taken control by Iran. We have learnt that there are 17 Indian nationals onboard,» said a source. «We are in touch with the Iranian authorities through diplomatic channels, both in Tehran and in Delhi, to ensure security, welfare and early release of Indian nationals,» it said.

Israel is panicking over a possible retaliatory response from Iran after a strike in Syria which killed members of its Revolutionary Guards. «It has been a week that the Zionists are in complete panic and are on alert,» Yahya Rahim Safavi, senior adviser to Ayatollah Ali Khamenei, was quoted as saying by the ISNA news agency.

Strait of Hormuz by helicopter Saturday, an attack a Mideast defence official attributed to Iran amid wider tensions between Tehran and the West. The video showed the attack earlier reported by the British military's United Kingdom Maritime Trade Operations. It had offered no details about the boarding in the Gulf of Oman off the Emirati port city of Fujairah. The defence official, who spoke on condition of anonymity to discuss intelligence matters, shared the video with the AP. Though the AP could not immediately verify it, it corresponded to known details of the boarding and the helicopter involved appeared to be one used by Iran's paramilitary Revolutionary Guard, which has carried out other ship raids in the past.

an attack in Damascus, Syria. Tehran had accused Israel of launching airstrike on a consulate building. It had reportedly killed 13 people, including a senior member of the Islamic Revolutionary Guard Corps’ elite Quds Force.

NEW DELHI : India on Friday issued an advisory, warning its citizens against travelling to Iran and Israel due to escalating tensions between the two West Asian nations. “In view of the prevailing situation in the region, all Indians are advised not to travel to Iran or Israel till further notice. All those who are currently residing in Iran or Israel are requested to get in touch with Indian embassies there and register themselves.

Gold jumped to another record as the safe haven asset was boosted by simmering Middle East tensions.

The ongoing conflict between Israel, the United States, and Iran and its regional allies in Lebanon, Iraq, Syria, and Yemen continues to escalate tensions in the Middle East. The recent Gaza war, triggered by Hamas's October 7 attack on Israel, resulted in significant civilian casualties and hostage-taking.

Middle East, where Iran has promised to retaliate for a suspected Israeli air strike on its embassy in Syria, which could risk disruptions to supply from the oil producing region. Brent crude futures climbed 34 cents, or 0.38%, to $90.08 a barrel, while U.S. West Texas Intermediate crude futures rose 44 cents, or 0.51%, to $85.45, at 0033 GMT.

Israel was on alert Thursday after its arch-foe Iran threatened reprisals over a strike in Syria this month that killed two Iranian generals, and as the war against Hamas ground on in Gaza. Days after Israel strengthened its air defences and paused leave for combat units, the United States also warned of the risk of an attack by Iran or its allied groups at a time when Middle East tensions have soared. Iran is «threatening to launch a significant attack on Israel», US President Joe Biden said Wednesday, pledging «ironclad» support for its top regional ally despite diplomatic tensions over Israel's military conduct in Gaza.

WASHINGTON—U.S. intelligence reports show that an attack on Israeli assets by Iran or its proxies could be imminent, U.S. officials said Wednesday, as the top American military commander for the Middle East headed to Israel to coordinate a response.