Tensions Escalate as Iran and Israel Lock Horns in Regional Power Struggle

Iran's Supreme Leader Ayatollah Ali Khamenei vowed that Iran and its allies would not retreat from Israel following an Israeli assault in Beirut. The attack seemingly aimed at a potential Hezbollah leader. The conflict continues to intensify, with potential global oil impacts.

In a significant escalation of tensions, Iran's Supreme Leader Ayatollah Ali Khamenei stated that Iran and its regional allies would not retreat from their stance against Israel, following an Israeli assault in Beirut purportedly aimed at a Hezbollah leader-in-waiting. The aftermath continues to unfold as both nations hold their ground.

Israel's military eliminated Mohammad Rashid Sakafi, head of Hezbollah's communication networks, through a precision strike in Beirut. The ongoing conflict has drawn in several regional proxies, with the U.S. and EU seeking a ceasefire and global oil markets responding to the threats of escalated military action.

The U.S. President reiterated that, while tensions are high, he does not foresee an all-out war but stress increased vigilance. Discussions about potential Israeli retaliation, including targeting Iran's oil facilities, persist amid rising prices and concerns about supply disruptions.

(With inputs from agencies.)