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Israel-Hezbollah Fire Exchange Escalates Iran War; Oil Prices Soar
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Israel-Hezbollah Fire Exchange Escalates Iran War; Oil Prices Soar
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Firstpost
•
02-03-2026, 09:09
Israel-Hezbollah Fire Exchange Escalates Iran War; Oil Prices Soar
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Hezbollah launched missiles and drones at Israel, retaliating for Ayatollah Ali Khamenei's death, prompting IDF counter-attacks.
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US President Donald Trump stated US strikes would continue at "full force" for up to four weeks, with potential for more casualties.
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Three US service members died in action; UK PM Keir Starmer authorized use of British bases against Iranian missile sites.
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A suspected drone strike hit a UK military base in Cyprus; Iranian officials reported 153 deaths in a school strike, which Israel denies.
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Oil prices surged by eight percent; PM Modi discussed regional situation with Israeli and UAE counterparts, emphasizing civilian safety.
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