Live: Latest on Middle East Tensions After Iran's Retaliation over US-Israel Attacks

CGTN (Global Business)
CGTN (Global Business)Mar 12, 2026

Why It Matters

The widening conflict risks broader regional war and disrupts global energy markets, prompting major powers to intervene diplomatically.

Key Takeaways

  • US‑Israel strikes triggered Iran’s regional retaliation
  • UAE suffered missile attacks linked to Iranian response
  • Israel expanded operations against Hezbollah in Lebanon
  • China called for immediate cease‑fire and negotiations
  • Escalation threatens oil supply stability and global markets

Pulse Analysis

The joint air campaign launched by Israel and the United States on February 28 marked a rare direct strike on Iranian territory, citing Tehran’s alleged support for militant proxies. Within hours, Iran’s Revolutionary Guard mobilized a series of ballistic missile and drone attacks that reached the United Arab Emirates, Saudi Arabia and other neighboring states. These retaliatory sorties were framed by Tehran as a proportional response to what it described as unlawful aggression, and they quickly escalated the already volatile security environment across the Gulf and Levant. The strikes also tested the limits of U.S. congressional support for overseas operations.

The fallout has reverberated beyond the battlefield. Israel intensified its campaign against Hezbollah in southern Lebanon, targeting command centers and supply routes to blunt the group’s capacity to open a second front. Meanwhile, the UAE reported damage to civilian infrastructure, raising concerns about the safety of critical energy corridors that feed global oil markets. Analysts warn that sustained exchanges could tighten shipping lanes in the Strait of Hormuz, push crude prices higher, and force multinational firms to reassess regional exposure. Energy traders have already priced in a risk premium, reflecting heightened uncertainty.

Diplomatic channels have opened in response to the spiraling crisis. China’s defense ministry publicly condemned any military action that breaches international law and urged all parties to cease hostilities, emphasizing dialogue over force. Washington and Jerusalem, however, maintain that the strikes were a necessary deterrent against Iranian destabilization efforts. The competing narratives underscore a broader geopolitical contest, where regional powers and global actors must balance security imperatives with the risk of a wider conflagration that could reshape Middle‑East alliances. Observers note that any misstep could trigger a cascade of retaliatory moves across the region.

Original Description

Since Israel and the United States launched joint strikes on Iran on February 28, military exchanges have kept tensions high in the Middle East, with Iranian retaliatory strikes reported in neighboring states, including the United Arab Emirates, and Israel continuing operations against Hezbollah in Lebanon as well as strikes in Iran.
Chinese Defense Ministry spokesperson Jiang Bin said on Wednesday that China opposes military strikes against Iran that violate international law and has called on relevant parties to immediately stop hostilities and return to dialogue and negotiation. #CGTNOnsite

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