Following a series of retaliatory actions between Israel and Iran, world leaders are urging calm as tensions escalate in the region. This comes after Iran’s state media reported explosions in a central province, and an Iranian minister dismissed an Israeli micro-drone operation as inconsequential. The increase in hostilities has led to fluctuations in global market prices for oil, gold, and stocks.
Iran retaliated with a drone and missile attack against Israel in response to an April 1 strike by Israel that destroyed an Iranian consulate in Damascus, killing seven Revolutionary Guards. A senior U.S. Congressional source acknowledged Israeli retaliatory strikes but did not provide details due to their classified nature.
Following explosions near the city of Isfahan, Iran activated its air defenses across several cities. Although an Israeli official suggested the strike was a message that Israel could reach inside Iran, Iranian news agencies denied any external attack had taken place.
Iran’s space agency reported downing several quadcopters and stated there were no missile attacks or significant damage. Meanwhile, the head of Iran’s army attributed the noise to anti-aircraft defenses targeting a suspicious object, confirming that nuclear sites in Isfahan remained secure.
The U.S. was reportedly aware of Israel’s actions but did not support or participate in the strikes. President Biden, while reaffirming support for Israel, advised careful consideration of any military response that could widen the conflict.
The situation remains tense, with a reported Israeli strike on a Syrian army position and an explosion at an Iraqi military base hosting a coalition of Iran-backed groups, which resulted in material damage and casualties.
Amidst this backdrop, international efforts continue to avoid a broader regional conflict, highlighted by G7 foreign ministers advocating against a full-scale military operation in Gaza. U.N. Secretary-General Antonio Guterres has appealed for an end to the retaliatory cycle in the Middle East, suggesting that there is still an opportunity for de-escalation if both sides can refrain from further strikes.