What we know so far about the US and Israel’s attack on Iran
Summary
The US and Israel launched coordinated military strikes across Iran targeting its leadership and military infrastructure, escalating tensions in the Middle East and impacting global markets. Nepal faces economic risks due to fuel price inflation and remittance instability amid the conflict.
Key Points
- The United States and Israel executed joint strikes across multiple Iranian cities targeting military and government leadership, aiming to destabilize Iran's regime.
- The coordinated operation, named 'Operation Epic Fury' (US) and 'Lion's Roar' (Israel), marked the largest US military buildup in the region since the Iraq War.
- Iran retaliated with missile attacks on northern Israel, prompting Israeli state emergency measures and reservist mobilization.
- The conflict threatens Nepal's economic stability through rising fuel costs and risks to its migrant workforce in the Gulf states, with global markets reacting by moving toward safe-haven assets like gold.
