Reports: US Warplanes Crash In Kuwait, War Rattles Markets, More
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Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.
And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.
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You can find new episodes of the Bloomberg Daybreak Europe podcast by 7am in Dublin or 8am in Brussels, Berlin and Paris on Apple, Spotify, YouTube or wherever you get your podcasts. News when you want it with Bloomberg News Now. I'm Stephen Carroll. Attacks are continuing across the Middle East for a third day, with Iran launching strikes against US interests in the region. Residents in Dubai and Abu Dhabi have reported hearing more blasts this morning, while Kuwait says that several US fighter jets have crashed in the country, but all on board have survived without specifying the reasons for the crash. This is US President Donald Trump says the American bombing campaign against Iran will continue until its objectives are achieved.
In a video posted on social media, Trump said the US and Israel had struck hundreds of targets in Iran, including Revolutionary Guard facilities and air defences. He also reconfirmed the death of Iran's Supreme Leader, Ayatollah Ali Khamenei, and called on the country's leaders to capitulate.
We're undertaking this massive operation not merely to ensure security for our own time and place, but for our children and their children, just as our ancestors have done for us many, many years ago. This is the duty and the burden of a free people. These actions are right, and they are necessary to ensure that Americans will never have to face a radical, bloodthirsty terrorist regime armed with nuclear weapons and lots of threats.
Trump's comments came as Iran sent waves of missiles at targets in multiple countries that host US military bases. Projectiles struck buildings and killed civilians in Israel, while defences in Saudi Arabia, Qatar, Bahrain and Kuwait continue to intercept incoming fire. Speaking to ABC News on Sunday, Iran's Foreign Minister Abbas Araghchi defended the regime's strikes.
We are defending ourselves and we have every right, every legitimate right to defend ourselves. What the United States is doing is an act of aggression. What we are doing is the act of self-defense. There are huge differences between these two.
Iranian Foreign Minister Abbas Araghchi speaking there as Trump said in a brief interview with the New York Times on Sunday that the assault on Iran could last four or five weeks. Meanwhile, officials in Tehran yesterday said the death toll in the country was already over 200, with that figure expected to rise significantly. The Israeli military says it's starting an offensive against Hezbollah in Lebanon. In another sign, the conflict is spreading across the region. Israel's chief of general staff, Eyal Zamir, warned citizens to be prepared for several days of fighting. The message comes as the AFP news agency reports Israeli strikes this morning have killed more than 30 people in the country. Speaking in Lebanon, speaking yesterday before the latest military action was announced, Prime Minister Benjamin Netanyahu praised the US-Israel offensive.
It has truly reached a record of all time, an alliance in peace and in war. And this war will bring about true peace.
Netanyahu there speaking via a translator. The escalation comes after Hezbollah fired into Israel, saying it was acting in retaliation for the killing of Iran's supreme leader.
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