AnyTime News 
Drone Strike Hits US Embassy in Riyadh
Tehran Shuts Down Strait of Hormuz, Oil Markets on Edge
Anytime News Network | Pooja Srivastava
The conflict in West Asia has sharply intensified as Iran faces continued joint strikes by Israeli and US forces on Tehran and other strategic locations. Reports indicate that even Iran’s state broadcaster building was targeted, while the combined death toll in Iran and Lebanon has surpassed 600, marking one of the deadliest escalations in recent years.
In a significant development, authorities in Saudi Arabia confirmed that two drones struck the US Embassy compound in Riyadh. The attack caused a limited fire and minor structural damage but no major casualties were reported. The incident has heightened fears of a broader regional spillover.
Tehran has announced the closure of the strategically vital Strait of Hormuz, a key global oil transit route. Any prolonged disruption could severely impact global energy supplies and trigger sharp spikes in oil prices. Analysts warn that nearly a fifth of the world’s petroleum shipments pass through this narrow corridor.
Financial markets across Asia reacted nervously. South Korea’s benchmark index plunged nearly 5 percent, while Japan’s Nikkei dropped 2.3 percent. Chinese and Hong Kong markets also recorded losses, though Beijing’s reported intervention and its significant crude stockpiles may have cushioned a deeper fall.
Meanwhile, US Special Envoy Steven Witkoff revealed that Washington had offered to supply Iran with nuclear fuel for ten years if it halted uranium enrichment. According to him, Tehran rejected the proposal, insisting on what it described as its “inalienable right” to enrichment.
Israel’s military has stated that its air force continues to target Iranian air defence systems and ballistic missile infrastructure. With diplomatic efforts stalled and military operations ongoing, the region stands at a critical crossroads, with global repercussions likely to intensify in the coming days.
