Israel and Iran Exchange Strikes, Increasing Fears of a Wider Regional War

Israel and Iran have traded direct strikes for the first time since a U.S.-brokered ceasefire two months ago, raising fears of a return to full-scale war. On Day 100 of the conflict, Iran fired at least six waves of ballistic missiles at Israel, while Israel hit petrochemical and missile plants in western Iran AP.
By midday, Israeli Prime Minister Benjamin Netanyahu said the "fire has been halted," but the region remained on a hair-trigger. The Iranian military also said it was stopping offensive operations — for now AP.
The current flare-up is rooted in a war that began February 28, 2026. The U.S. and Israel launched "Operation Epic Fury," killing Iranian Supreme Leader Ayatollah Ali Khamenei and top military commanders Britannica. A Pakistan-brokered ceasefire took hold in April, and President Trump extended it indefinitely on April 21. But fighting in Lebanon never fully stopped.
On June 7, Hezbollah fired a massive rocket barrage into northern Israel. Israel struck Beirut's southern suburbs in response ISW. The next day, Iran escalated — launching missiles directly at Israeli territory and breaking the fragile truce The Hindu.
Iranian state media called the strikes "Operation Nasr" — meaning Victory. They claimed missiles hit Israeli air bases. Israel pushed back hard. Netanyahu said air defenses intercepted all 24 ballistic missiles in the latest volley. He confirmed zero Israeli deaths from the Iranian strikes IFCJ.
Iran's Foreign Ministry spokesman Esmaeil Baghaei blamed the U.S. for the escalation, saying: "No one believes that the Zionist regime would carry out any action without prior coordination with the United States" Reuters. The U.S. denied coordinating the strikes.
President Trump posted on Truth Social demanding both sides "immediately stop shooting" The Guardian. He also made his authority clear, saying: "I call the shots. I call all the shots. He doesn't call the shots" — a direct reference to Netanyahu Financial Times.
Pakistan's Prime Minister Shehbaz Sharif is leading negotiations in Islamabad between the U.S. and Iran. He urged patience, saying "the final objective is just about to be achieved" and asking both sides to "give peace a little more chance" Al Jazeera. Iran has made a full Israeli withdrawal from Lebanon a condition for any deal.
The human cost is staggering. Over 3,593 people have died in Lebanon and more than 3,468 in Iran. Over 1 million Lebanese people are displaced Al Jazeera. Israel has lost 26 people from direct Iranian and Hezbollah attacks. In the Red Sea, Yemen's Houthi rebels declared a "total ban" on Israeli shipping and hit vessels on June 8 The Hindu.
The economic damage is global. Brent crude oil has surged past $120 per barrel. Iran's closure of the Strait of Hormuz — now in its 14th week — has slashed global oil exports. Fitch lowered its 2026 world growth forecast to 2.4% Fitch. U.S. GDP is projected to shrink by 1.2% and China's by 1.8% due to energy shocks PIIE.
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