Iran said its latest wave of attacks had struck targets in the United Arab Emirates, Bahrain and Israel in retaliation for earlier US-Israeli strikes on its industrial facilities. Israel's military warned Friday that its air defences were operating to down missiles fired from Iran, although there were no immediate reports of casualties or damage. The country's two largest steel plants have also been forced offline by repeated US and Israeli strikes, companies said. Against that backdrop, Trump has warned that further strikes could target Iran's energy infrastructure if no deal is reached. Oil prices surged to around $110 a barrel Thursday after Trump warned of further strikes, even as equity markets struggled for direction.

Source: Bangladesh Sangbad Sangstha April 03, 2026 02:32 UTC