qa1fl)ux9r5vi{0aqxh}([40_media_dl_1.png Armed Conflict Location & Event Article content
(Bloomberg) — The US and Iran traded attacks again on Friday, pressuring oil prices and making a quick return to the fragile ceasefire deal signed last month even less likely.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account. National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account. National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Sign In or Create an Account or
Article content
Nearly a week of back-and-forth strikes by both sides has expanded beyond strictly military targets to include bridges, utilities and port facilities. US Central Command confirmed that it had destroyed a surveillance tower at the Iranian port of Chabahar on Thursday, saying it was part of a string of maritime outposts along the Gulf of Oman that Tehran used to track and target commercial vessels.
Article content
Article content
Article content
Brent crude surged on Friday, rising more than 3.5% to trade around $87 and putting it on track for its biggest weekly advance since April. That followed an Axios report that the Trump administration notified Israel it is sending more refueling planes to the country, a possible signal that US military operations could expand in the coming days. The outlet cited talks with three US and Israeli officials.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
Beyond the port tower, the US struck six road bridges overnight, according to Iranian state media. There were separate reports of attacks on the southern town of Bushehr, which houses the country’s only nuclear power plant, and the western province of Lorestan. And an empty oil tanker docked at Kharg Island was struck by the US again after being targeted days earlier, Iranian media reported.
Article content
Nearly a week of escalated attacks has sparked concerns that the ceasefire agreement, meant to help reestablish regular shipping through the Strait of Hormuz and establish a process for longer-term peace talks, is over.
Article content
Iran’s Ministry of Energy called on households to limit air conditioning due to southern provinces facing “extreme heat and attacks on power-supply facilities,” the semi-official Iranian Students’ News Agency reported.
Article content
Article content
Tehran responded to the latest US attacks by targeting American bases in Kuwait, Jordan and Bahrain — the three countries that have borne the brunt of the Islamic Republic’s counterstrikes since fighting picked up early last week — and on Oman’s As Salamah Archipelago, which sits on the strait. Iran also struck at US radar and aircraft in Qatar, one of the main mediators between Washington and Tehran, according to the Tasnim news agency.
Article content
In Kuwait, the government reported strikes on a water desalination and electricity plant, with many power-generation units sustaining damage.
Article content
Addressing the nation on Thursday night, US President Donald Trump again painted the situation in the Mideast as a success. The US is “winning big in Iran, and you will see the fruits of that labor very, very shortly,” he said before turning his attention toward domestic issues.
Article content
China and Pakistan expressed concern over the developments, calling on both the US and Iran to cease hostilities and resume dialogue.
Article content
The worsening hostilities are still far from the scale seen at the height of the war in March and early April. Then, the US and Israel were bombarding Iranian cities on a mass scale and Tehran was firing thousands of drones and missiles at Gulf Arab states and Israel.
https://financialpost.com/pmn/business-pmn/sixth-day-of-us-iran-counterattacks-puts-ceasefire-out-of-reach
