Israel attacks gas field... Iran retaliates with hundreds of missiles

Source
Korea Economic Daily

Summary

  • It was reported that tensions in the Middle East have continued for a third day due to the conflict between Israel and Iran.
  • They stated that both countries have suffered casualties due to attacks on energy facilities and missile retaliation.
  • The cancellation of the nuclear talks between the US and Iran, and the prospect of prolonged military operations, could affect the investment environment.

Third day of clashes... Middle East ablaze

Over 500 casualties reported

War expected to last at least several weeks

US-Iran nuclear talks ultimately canceled

Tel Aviv under missile attack / Image=CNN YouTube capture
Tel Aviv under missile attack / Image=CNN YouTube capture

The conflict between Israel and Iran, which began with Israel’s surprise attack, has continued for a third day, intensifying tensions in the Middle East. Iran immediately retaliated with hundreds of missiles, and Israel attacked Iran's key energy facilities for the first time.

According to foreign news outlets on the 15th, on the second day of attacks (the 14th), Israel carried out an additional drone strike on South Pars, the largest gas processing plant in Iran’s Gulf region. Previously, Iran had launched hundreds of missiles at Tel Aviv, Israel’s largest city, and other locations the previous day. Local media reported that by the 14th, Israel had suffered 3 deaths and 170 injuries. In Iran, it is estimated that there have been 78 deaths and 320 injuries.

Citing the White House and Israeli officials, CNN reported that "Israel's military operations will continue for several weeks." As a result of Israel's airstrike on Iran, the sixth round of US-Iran nuclear talks scheduled for the 15th was canceled. On this day, the Iranian government stated, "If Israel stops its attacks, we will also halt our retaliation."

Juwan Kim / Hankyung Reporter kjwan@hankyung.com

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Korea Economic Daily

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