Soaring oil prices following Israel's airstrikes on Iran's nuclear facilities could turn out to be a boost for Russia's war effort. Israel launched Operation Rising Lion against Iran's nuclear facilities in the early hours of Friday morning,

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?

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.

"Our support for Gaza and our defense of our country against the Zionist aggression against it has continued," a Houthi source told Newsweek.

Years of intelligence collection, infiltration of Iran with commandos and weapons, and tracking of targeted commanders and scientists made the wide-ranging attacks possible.

U.S. stock futures tumbled after Israel launched airstrikes against Iran. Israel’s defense minister Israel Katz declared a special state of emergency following the attack. Iran has launched retaliatory drone strikes on Israel.

Mohammad Pakpour's statement follows the death of his predecessor, General Hossein Salami, in Israel's strikes on Friday.

Israel’s attacks on Iran renewed fears of war between the countries and immediately threatened the region’s economy.