Iran says Israel and America will pay a very heavy price

Iranian state media conveying a statement from Iran’s Armed Forces General staff that Israel and the US wil “pay a very heavy price”.

• US and Israel will receive “harsh blow” in response
• “Israel and the United States will recieve a forceful slap”
• Iran’s Armed Forces would be retaliating in force soon with counter strikes
• “a retaliation attack is definite, God willingly.”

Updates:

• New explosion heard at Natanz uranium enrichment facility” in Isfahan province of Iran
• Iran’s Supreme Leader Ali Khamenei is alive, being briefed
• Ali Shamkhani, Political Advisor to Iran’s Supreme Leader is confirmed alive

Brent crude update:

Earlier:

We got a 10 minute or so warning:

• Financial Times reports Israeli strike on Iran could come today, Friday 13 June

Then:

• Explosions heard in Tehran – reports are sketchy
• Israel says has launched a pre-emptive attack against Iran

• Market response to Israel attack on Iran: Yen up, Oil rockets higher.
• Israel’s Air Force conducted a strike in Iran – update
• Israeli official confirms attack on Iran – Iran’s nuclear program an ‘existential threat’
• Reports that Israel has detected missile launches from Iran

• Israeli PM Netanyahu- We targeted Iran’s main enrichment facility in Natanz

• Unconfirmed: Iranian jet fighters taking off, Iranian ballistic missile launches reported

• US warns Iran not to target U.S. interests or personnel

• Reports of another wave of Israeli strikes on Iran has begun

• Trump convenes the National Security Council meeting at 11am on Friday

This article was written by Eamonn Sheridan at www.forexlive.com.