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Treasury Secretary Scott Bessent said that the Trump administration could release more oil from American reserves, as it scrambles to avert a sustained energy crisis set off by the U.S.-Israeli war against Iran.
Iran’s military retaliation, along with the political defiance of its new leaders, evokes a decades-old pattern of unrealized goals for American interventions in the region.
President Trump said Israel was responsible for the attack, but vowed to “massively” destroy the gas field if Tehran hit Qatar’s energy facilities in retaliation.
Attacks on major energy facilities in Iran and Qatar injected new uncertainty into the outlook for oil and gas prices.
In India, China and several other nations, Novo Nordisk is on the verge of losing patent protection for its blockbuster weight loss drug, opening the door for cheaper competing versions.
Near the center of Beirut, one image captures the aftermath of an Israeli strike.
Several others were injured in the strike, which hit a caravan being used as a hair salon in the town of Beit Awwa, according to Palestinian officials.
Residents in Tehran and elsewhere say the attacks come at all hours and rock the ground.
The suspects are accused of gathering information last summer on targets linked to the city’s Jewish community.
U.S.-Israeli attacks helped ultraconservatives cement power. That could make ending the war tougher.