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Business

Central Command says U.S. military has aided the transit of 1 billion barrels of oil through Hormuz in past two months while Iran has ‘exported zero’

Fortune ·
Central Command says U.S. military has aided the transit of 1 billion barrels of oil through Hormuz in past two months while Iran has ‘exported zero’

Saudi Arabia warned of a “hostile aerial threat” and issued a string of emergency alerts across the kingdom overnight, including the first alert in its capital since an escalation in fighting with Iran-backed rebels in neighboring Yemen .

Meanwhile, Iran’s state TV said a man was executed after being convicted on charges of spying for Israel.

Israeli strikes killed three people in Gaza .

And Israel’s military said it struck Hezbollah targets across several areas in southern Lebanon .

Here is the latest news from the Middle East on Saturday.

Full coverage is available here .

Alerts sound across Saudi Arabia over aerial threat At least one explosion was heard in Riyadh after the first alert for the Saudi capital since the latest escalation in fighting with Yemen’s Iran-backed Houthi rebels .

No casualties or damage were reported.

Saudi authorities didn’t say what prompted the alerts, but they previously reported intercepting Houthi missiles and drones.

Iran executes man accused of spying for Israel Iran’s state TV said a man identified as Hossein Pedram was executed after being convicted on charges of spying for Israel’s intelligence agency Mossad.

The report said Pedram shared classified information on “sensitive military sites” in Iran’s Isfahan province.

It didn’t say how he accessed the information.

He was reportedly arrested after those sites, which included missile bases, were targeted in last year’s 12-day air war by the U.S. and Israel.

A recent surge of executions in Iran prompted an international outcry by rights groups.

Read the full article on Fortune ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on fortune.com — the content belongs to Fortune.

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