Iran-US war latest Trump claims world’s ‘most active terrorist’ has been killed and sets out new nuclear demand

Lebanese Economy Minister Amer Bisat told news outlet Al Jazeera that Lebanon is estimated to have lost up to $2bn due to Israel’s escalation of its war on the country since March 2.

“The impact has been fairly major. We think of them in terms of multiple challenges. One challenge is the economic impact itself, people losing their jobs, farms not producing, manufacturing companies closing [and] tourists not showing up,” he said.

“That impact is very large. We are estimating during the war we lost probably $2bn. That’s roughly 7 percent of the GDP.”

Iran will reopen its stock market on Tuesday after a suspension during the conflict with the U.S. and Israel, Iran’s IRNA news agency cited a senior official as saying on Saturday, the Associated Press reports.

“The ⁠suspension of stock ​market ⁠activities from the ‌start of the war was aimed at ‌protecting shareholders’ assets, ‌preventing panic-driven trading and allowing for more transparent ⁠pricing conditions,” said Hamid Yari, deputy supervisor at the Securities and Exchange Organization.

“Now, with the reopening of the stock ‌market, we will ​see the full ‌resumption of ⁠all capital market ⁠sectors,” he added.

Comoros, in East Africa, announced the temporary suspension on Saturday of new fuel prices introduced in response to the Iran war, backing down after the hikes `prompted demonstrations and deadly clashes across the East African archipelago.

The announcement came after one person was killed and five injured in confrontations between protesters and security forces on the island of Anjouan, according to reports by Reuters.

“The government and President Azali (Assoumani) heard the cries of the Comorian people. There was no other solution than to listen to them. The goal is to preserve `peace,” Energy Minister Aboubacar Saïd Anli said at a press conference.

Clashes broke out on Friday.

Palestinian mourners carry the bodies of Ezzedine Al-Haddad, the slain chief of the Qassam Brigades — the armed wing of Palestinian movement Hamas, his wife and daughter.

Palestinian mourners carry the bodies of Ezzedine Al-Haddad, the slain chief of the Qassam Brigades — the armed wing of Palestinian movement Hamas, his wife and daughter.

Amid reports that the US and Israel could be preparing for a resumption of strikes against Iran, Russian envoy Mikhail Ulyanov said the two countries “have not learned lessons from their past”.

“Western experts believe that the US and Israel can resume military strikes against Iran in the coming days, if not hours,” he said in a post on X, citing a New York Times report.

“If that is true, it means that the US and Israel do not learn lessons from their past strategic mistakes,” Ulyanov said.

Iranian foreign minister Abbas Araghchi said Tehran is ready for direct military conflict with the US if negotiations fail to produce acceptable results.

Araghachi said despite the war’s toll on Iran, it is also impacting American households.

“Americans are told that they must absorb rocketing costs of war of choice on Iran,” he wrote on X.

“Put aside gas price hike and stock market bubble, real pain begins when US debt and mortgage rates start to jump. Auto loan delinquencies are already at around 30-year high,” Araghchi said.