The Latest: Strikes escalate across the Middle East as Iran attacks US Embassy in Saudi Arabia is drawing significant interest across the industry.
Iran struck the U.S. Embassy in Saudi Arabia’s capital with a drone early Tuesday, as it continued to target areas around the region. Across Iran’s capital, Tehran, explosions rang out overnight as the U.S. and Israel pounded Iran with airstrikes since killing its Supreme Leader Ayatollah Ali Khamenei on Saturday. Iran and its allies have hit back against Israel, neighboring Gulf states and targets critical to the world’s oil and natural gas production. The conflict has also spread to Lebanon, where the Iranian-supported militant group Hezbollah fired missiles at Israel on Monday, prompting Israel to retaliate.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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