LIVE: Gold Prices Crash in Dubai Over War
The military wing noted that the offensive utilised sophisticated systems capable of engaging various high-priority objectives
The area witnessed intense clashes and airstrikes overnight after an Israeli force landed there and clashed with local gunmen.
The Lebanese army said the dead included three Lebanese troops.
The Israeli force was looking for information about Israeli navigator Ron Arad who went missing after his fighter jet crashed in Lebanon 40 years ago.
The Israeli military said it did not find Arad’s remains.
What to know:
- Iran's Islamic Revolutionary Guard Corps (IRGC) has initiated the 23rd phase of “Operation True Promise 4,” deploying a new generation of missile technology against American regional bases and targets within the occupied territories, Iranian state broadcaster Press TV reported on Friday.
- Israel's military said more than 80 fighter jets completed a wave of strikes on Iranian military sites, missile launchers and other targets in Tehran and central Iran on Saturday.
- Israeli warplanes pounded Beirut and Tehran on Friday as Iran launched another wave of retaliatory strikes against Israel and Gulf countries that host U.S. forces.
- Russia has provided Iran with information that could help Tehran strike American warships, aircraft and other assets in the region, according to two officials familiar with U.S. intelligence on the matter. It’s the first indication that Moscow has sought to get involved in the war.
- U.S. President Donald Trump appeared to rule out negotiations with Iran in a social media post calling for its “unconditional surrender.”
- Evidence suggests the deadly blast at an Iranian elementary school was likely a U.S. airstrike. The U.S. has not accepted responsibility but said it was investigating the matter.
- The death toll continues to rise. At least 1,230 people in Iran, more than 200 in Lebanon and around a dozen in Israel have been killed, according to officials in those countries. Six U.S. troops have been killed.
- New airstrikes have hit Tehran, Iran’s capital, on Saturday afternoon as Iran’s president earlier today said that a demand by the United States for an unconditional surrender is a “dream that they should take to their grave."
- President Masoud Pezeshkian made the statement in a prerecorded address aired by state television.
- He also apologized for Iran’s attacks on regional countries, saying that Tehran would halt them and suggesting they were caused by miscommunication in the ranks. He blamed the killing of the country's supreme leader and other top officials for what sounded like a loss of command and control in the armed forces in recent days.
#WashingtonDC | Donald Trump claims US strikes have sunk 42 Iranian navy ships and wiped out its air force, and cut all telecommunications in three days. "That was the end of the Navy," he said. "They're bad people."pic.twitter.com/bG3vxzftNH
— Deccan Chronicle (@DeccanChronicle) March 7, 2026
The price of oil surged higher and showed no signs of halting its rapid climb a week after the U.S. and Israel launched major attacks on Iran that escalated into a war in the Middle East .
The conflict, in which nearly every country in the Middle East has sustained damage from missiles or drone strikes, has left ships that carry roughly 20 million barrels of oil a day stranded in the Persian Gulf, unable to safely pass through the Strait of Hormuz , the narrow mouth of the Gulf that is bordered on its north side by Iran.
The disruption and damage to key oil and gas facilities in the Middle East has led to an interruption in the supply of oil and gas.
Oil prices surpassed $90 a barrel Friday, with American crude settling at $90.90, up 36% from a week ago, and Brent, the international standard, climbing 27% over the course of the week to land at $92.69.
Turkey is considering the possibility of sending F-16 fighter jets to Northern Cyprus as a security measure, a Turkish defence ministry source said Saturday, days after the island was targeted by a drone attack.
"The deployment of F-16 aircraft to the island is among the options being considered," the source said, speaking of "phased planning" to ensure the security of the Turkish Republic of Northern Cyprus (TRNC), which is only recognised only by Turkey.
Lebanon's health ministry on Saturday said Israeli attacks on the country had killed almost 300 people since the start of the war with Hezbollah this week.
In a statement, the ministry said that "the death toll from the Israeli aggression, from dawn on Monday... has risen to 294 martyrs and 1,023 wounded".
Jordan has been attacked with 119 missiles and drones since the U.S. and Israel launched a war against Iran a week ago, authorities said Saturday.
Fourteen people have been injured in the attacks.
Gold prices crash in dubai over war
Three Lebanese troops were killed in an Israeli military operation to gather information on a pilot who has been missing in Lebanon for almost 40 years, Lebanon’s military said Saturday.
The military said Israeli helicopters landed in the eastern town of Nabi Shit, triggering fighting when residents clashed with Israeli troops.
It was not immediately clear whether the troops were among 16 dead reported earlier by the Health Ministry.
The Israeli military says its special forces conducted an operation deep inside Lebanon in an attempt to gather information about an Israeli navigator who has been missing for nearly 40 years.
The Israeli army’s Arabic spokesman posted on X that no evidence was found related to Israeli pilot Ron Arad, who was captured alive after his fighter jet crashed over south Lebanon in 1986.
Iraq has extended the closure of its airspace for another 72 hours.
The Iraqi Civil Aviation Authority said airspace will remain closed until 12 p.m. (0900 GMT) Tuesday.