That scenario now appears alarmingly close. On the evening of June 12th, Israel launched dozens of air strikes on Iranian military and nuclear sites. The attack threatens to inflame the Gulf, which pumps a third of the world’s oil. Brent crude, the global benchmark, rose by 8% on June 13th, to $74 a barrel (see chart). How high might it now go?

Israel’s historic strike on Iran revealed years of Mossad activity inside the country, including hidden weapons, drones and assassinations of nuclear officials.

The president who promised to easily and quickly bring about peace has now found himself accounting for yet another major escalation. President Donald Trump had publicly discouraged Israel from striking Iran in recent days,

FILE PHOTO: France's President Emmanuel Macron gestures as he speaks during the presentation of the European Ocean Pact during the third United Nations Ocean Conference (UNOC3), which gathers leaders, researchers and activists to discuss how to protect marine life, in Nice, France, June 9, 2025. Laurent Cipriani/Pool via REUTERS/File Photo

IDF international spokesperson Lt. Col. Nadav Shoshani joins ‘The Faulkner Focus’ to break down Israel’s strike on Iran and how the military is preparing for possible retaliation and broader regional fallout.

Iranian Supreme Leader Ayatollah Ali Khamenei said Israel “should expect severe punishment” for its strikes against its nuclear program and military leader

Explosions reported in capital Tehran as Israeli Defence Minister announces "pre-emptive strikes" and announces state of emergency