Iran
Iranian missiles strike Arad and Dimona, injuring dozens
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Iranian missiles hit the Israeli cities of Arad and Dimona on March 21, 2026, injuring over 100 people including children. Interception attempts by the Israeli military failed, leading to direct impacts and significant damage to residential areas. Prime Minister Benjamin Netanyahu addressed the attacks, vowing to continue strikes against enemies.
Building on earlier diplomatic consultations, Egypt's Foreign Minister Badr Abdelatty detailed intensified efforts on Wednesday to mediate US-Iran talks and prevent 'total chaos' in the Middle East during a Cairo media briefing. Discussions with US and Chinese officials highlighted economic risks and regional coordination.
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The DAX closed unchanged at 22,636 points on Tuesday amid uncertainty from the Iran conflict. The index dipped as much as 1.2 percent intraday, following Monday's gains. US President Donald Trump extended an ultimatum to Tehran.
South Korea is in close talks with Iran and other countries to normalize passage through the Strait of Hormuz after Tehran offered to allow Japan-bound vessels amid the Middle East crisis. A foreign ministry official said the government is actively communicating with relevant nations while monitoring the situation.
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Egyptian President Abdel Fattah Al-Sisi condemned “hostile” Iranian attacks on Gulf Cooperation Council (GCC) member states during talks in Jeddah with Saudi Crown Prince Mohammed bin Salman. Sisi reaffirmed Egypt’s condemnation of these “repeated criminal attacks” and stressed Cairo’s full solidarity with Saudi Arabia against any threats to its sovereignty or security.
Following strikes on military targets and shipping disruptions earlier in March, the Israel-Iran war intensified as both sides hit oil and gas production and export facilities. The attacks raise alarms for global energy markets, prompting the International Energy Agency to urge conservation amid fears of severe price shocks.
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US President Donald Trump has backed withdrawing American military bases from Spain and other NATO allies not cooperating on Strait of Hormuz security. He made the remarks at a White House press conference, calling Alliance partners “cowards” for not joining the war against Iran. The stance comes amid Tehran's closure of the strait in a conflict exceeding three weeks.
Egypt leads diplomatic push for US-Iran dialogue to avert chaos
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