Here’s What Happened in the War in Iran in Its Third Week
The Persian new year and the end of the holy month of Ramadan were marked by continuing strikes in the region as the war reached the end of its third week.
The Persian new year and the end of the holy month of Ramadan were marked by continuing strikes in the region as the war reached the end of its third week.
The Israeli military said it had killed the spokesman for Iran’s Islamic Revolutionary Guards Corps, and Iran warned that it could target American and Israeli military personnel.
Countries and companies have been negotiating with the Iranian authorities to secure passage. Some patterns are emerging.
Strikes continued in the region as attacks on energy infrastructure rattled global markets.
President Trump and Prime Minister Benjamin Netanyahu of Israel suggested that the war with Iran could end soon, but that there were still more attacks ahead.
Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices.
Rising energy costs and concerns about inflation have helped lift borrowing costs for a home mortgage for the third consecutive week.
President Trump first said the United States “knew nothing” about an attack on the gas field in Iran, which sent global oil and gas prices soaring. He then said he cautioned Israel against it.
The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists.
Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually ends.