Iran And Israel Strike Each Other As Trump Insists He’ll Have Final Say On Peace Deal

BreakingBusinessIran And Israel Strike Each Other As Trump Insists He’ll Have Final Say On Peace DealBySiladitya Ray,Forbes Staff. Siladitya Ray is a New Delhi-based Forbes news team reporter.Follow AuthorJun 08, 2026, 03:32am EDTToplineIran and Israel exchanged strikes starting late on Sunday, marking the biggest escalation between the two countries since the Iran War ceasefire went into effect in April, even as President Donald Trump said he calls “all the shots” with regards to the conflict and suggested that he would ask Netanyahu not to respond to Tehran’s latest salvo.A man checks a fallen rocket half-buried in the ground on the outskirts of Jericho on June 8, 2026, following Iranian strikesAFP via Getty ImagesKey FactsIran’s Islamic Revolutionary Guards Corps launched a barrage of missiles at Israel late on Sunday and told state media that this was done in response to Israel’s strikes on Lebanon.In its statement, the IRGC said it would “not tolerate any violation of the ceasefire or aggression against Lebanon,” and the attacks are both a response and a “warning.”A few hours later, the Israeli Defense Forces said its aircraft had struck Iranian military targets in “western and central Iran,” with blasts being reported in Tehran.This was followed by a second wave of Iranian missiles and Israel announcing that it had struck a petrochemical facility in southwest Iran.As a result of the strikes, Iran said it has closed the Western part of the country’s airspace—including Tehran’s International airport, which was shut for all flights if (!window.cnxel) { window.cnxel = {}; window.cnxel.cmd = []; var iframe = document.createElement('iframe'); iframe.style.display = 'none'; iframe.onload = function() { var iframeDoc = iframe.contentWindow.document; var script = iframeDoc.createElement('script'); script.src = '//cd.elements.video/player.js?cid=62cec241-7d09-4462-afc2-f72f8d8ef40a'; script.setAttribute('defer', '1'); script.setAttribute('type', 'text/javascript'); ifra...