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Reading: U.Okay. says Iran unsuccessfully focused Diego Garcia base
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Stock Market

U.Okay. says Iran unsuccessfully focused Diego Garcia base

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Last updated: March 21, 2026 4:48 pm
Editor
Published: March 21, 2026
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U.Okay. says Iran unsuccessfully focused Diego Garcia base


Contents
  • U.S. permits sale of Iran oil at sea
  • Iran studies assault on nuclear enrichment plant
  • Risk to Strait of Hormuz ‘degraded’
  • Iran requires ‘instant cessation’ of ‘aggression’
  • 22 nations urge opening of Strait of Hormuz
  • Iran vows protected passage for Japanese vessels
  • Iranian gasoline to Iran reportedly resumes

Diego Garcia, a British Indian Ocean Territory and the biggest of the islands within the Chagos Archipelago on July 02, 2013 in Diego Garcia, British Indian Ocean Territory.

USGS NASA | Gallo Photos | Getty Photos

Iran unsuccessfully focused a joint U.S.-U.Okay. navy base within the Indian Ocean, the U.Okay. stated Saturday.

“Iran’s unsuccessful concentrating on of Diego Garcia was earlier than yesterday’s replace on using U.Okay. bases by the U.S.,” the U.Okay.’s Ministry of Defence (MoD) advised CNBC in an emailed assertion.

British Prime Minister Keir Starmer’s workplace stated Friday that ministers had authorized U.S. forces’ use of British bases to defend the area, together with “U.S. defensive operations to degrade missile websites and capabilities getting used to assault ships within the Strait of Hormuz.”

The MoD stated the U.Okay. has given the U.S. permission to make use of its bases at RAF Fairford in England and at Diego Garcia within the Chagos Islands for “particular and restricted defensive operations.”

Iran fired two intermediate-range ballistic missiles at ​Diego Garcia however did ‌not hit the U.S.-U.Okay. navy base within the Indian ​Ocean, The Wall Avenue Journal first reported on Friday, ⁠citing a number of U.S. ​officers.

One of many missiles failed ​in flight, whereas a U.S. warship fired an SM-3 interceptor ​on the different, ​though it couldn’t be decided ‌if ⁠the interception succeeded, the newspaper stated.

“Iran’s reckless assaults, lashing out throughout the area and holding hostage the Strait of Hormuz, are a menace to British pursuits and British allies,” the U.Okay. stated in its assertion. “[Royal Air Force] jets and different U.Okay. navy property are persevering with to defend our individuals and personnel within the area.”

The reported assault marked Iran’s first operational use of intermediate-range ballistic missiles and a major try to achieve far past the Center East and threaten U.S. pursuits, the Wall Avenue Journal stated.

The U.Okay. agreed in Might 2025 handy sovereignty of the Chagos Islands, the place the Diego Garcia base is situated, to Mauritius, which has lengthy disputed the U.Okay.’s acquisition and possession of the archipelago within the Indian Ocean.

U.S. President Donald Trump has repeatedly criticized the U.Okay.’s plan.

U.S. permits sale of Iran oil at sea

The battle, which started on Feb. 28 with U.S. and Israeli airstrikes towards Iranian targets, has successfully choked off the slim and economically essential Strait of Hormuz, which separates Iran from the United Arab Emirates.

Round one-fifth of the world’s oil transits the Strait. Every day transit calls have tumbled to just about zero from highs above 120 seen earlier this 12 months, in accordance with information analyzed by Charles Schwab. A lot of the crude from the Gulf normally heads to Asia.

Benchmark Brent crude oil futures for Might rose 3.26% to $112.19 a barrel on Friday, its highest shut since July 2022. U.S. West Texas Intermediate futures for April settled 2.27% increased at $98.32 a barrel.

The Trump administration’s newest try and ease costs got here late Friday, when it waived sanctions on the acquisition of Iranian oil at sea for 30 days. The transfer is predicted to deliver 140 billion barrels of oil to international markets, U.S. Treasury Secretary Scott Bessent posted ​on X.

“This non permanent, short-term authorization is strictly restricted to grease that’s already in transit and doesn’t permit new purchases or manufacturing,” he stated. “Additional, Iran can have problem accessing any income generated and the US will proceed to keep up most stress on Iran and its capacity to entry the worldwide monetary system.”

The license authorizing the sale and supply, posted after market hours on ⁠the ‌Treasury Division’s web site, permits Iranian oil into the U.S. when obligatory for its sale, supply or offloading. Iranian oil hasn’t been meaningfully imported to the U.S. because the 1979 Iranian revolution.

Iran studies assault on nuclear enrichment plant

Iranian media stated U.S.-Israeli forces had attacked the Shahid Ahmadi-Roshan Natanz enrichment advanced, situated south of Tehran, on Saturday morning. Technical consultants discovered that no radioactive leaks ​had occurred and close by residents weren’t in danger.

Israel stated it was unaware of such a strike, whereas the pinnacle of the Worldwide Atomic Vitality Company stated it was investigating.

Russia known as it “a blatant violation of worldwide legislation.”

Israel additionally stated it had attacked Tehran, Karaj, west of the capital, and the central metropolis of Isfahan. Three members of a household have been killed in a strike on a residential constructing within the metropolis of Ramsar, Iranian media reported.

Risk to Strait of Hormuz ‘degraded’

On Saturday, Admiral Brad Cooper, head of the U.S. Central Command, touted the U.S. navy’s progress within the battle, together with the deployment of a number of 5,000 bombs on an underground facility alongside Iran’s shoreline in an effort to open up the Strait of Hormuz.

“Iran’s capacity to threaten freedom of navigation in and across the Strait of Hormuz has been degraded,” he stated in a publish on X.

In the meantime, Trump advised reporters on Friday he’s not eager about a ceasefire with Iran.

“We might have dialogue, however I do not need to do a ceasefire,” Trump stated from the White Home South Garden earlier than departing for Florida. “You recognize you do not do a ceasefire if you’re actually obliterating the opposite facet.”

“They do not have a navy. They do not have an air power. They have no tools,” Trump continued.

In a Fact Social publish later Friday afternoon, Trump claimed that the U.S. is “getting very near assembly our aims as we take into account winding down our nice Navy efforts within the Center East.”

Nonetheless, hours after Trump’s remarks, Israeli Protection Minister Israel Katz countered that Israeli assaults towards Iran will “enhance considerably” within the coming week.

“This week, the depth of the assaults that the IDF and the U.S. navy will perform towards the Iranian terrorist regime and towards the infrastructures on which it depends will enhance considerably,” Katz stated in a video assertion.

Iran requires ‘instant cessation’ of ‘aggression’

Iran’s President Masoud Pezeshkian stated there wants ‌to be an “instant cessation” of what ‌he described as U.S.-Israeli aggression to finish the battle ​and wider regional battle, Iran’s embassy in India stated in an X publish on Saturday.

Pezeshkian spoke with India’s Prime Minister Narendra Modi ‌by cellphone earlier ⁠within the day.

Pezeshkian advised Modi that there ought to be ensures to ⁠forestall a recurrence of such “aggression” sooner or later. He additionally known as on the BRICS bloc ​of main ​rising economies to ​play an impartial ‌function in halting aggression towards Iran.

22 nations urge opening of Strait of Hormuz

The leaders from 22 nations — together with the United Arab Emirates, the U.Okay., France, Germany, Japan and Bahrain — launched a joint assertion condemning Iran’s closure of the Strait of Hormuz, in addition to its assaults on unarmed business vessels within the Gulf and on civilian infrastructure, together with oil and gasoline services within the area.

“We categorical our deep concern concerning the escalating battle. We name on Iran to stop instantly its threats, laying of mines, drone and missile assaults and different makes an attempt to dam the Strait to business delivery, and to adjust to UN Safety Council Decision 2817,” the assertion stated.

The nations stated they’re able to contribute to “applicable efforts” to make sure protected passage via the strait.

Iran vows protected passage for Japanese vessels

Iranian Overseas Minister Abbas Araghchi stated Tehran is able to facilitate the passage of Japanese vessels via the Strait of Hormuz, including that negotiations with Japan on the difficulty are ongoing.

“We’ve got not closed the strait. It’s open,” Japanese information company Kyodo quoted Araghchi as saying in an interview on Friday.

He additionally stated that Iran is in search of “not a cease-fire, however a whole, complete and lasting finish to the battle.”

Araghchi stated Iran has not closed the strategic waterway however has imposed restrictions on vessels belonging to nations concerned in assaults towards Iran, whereas providing help to others amid heightened safety considerations, Kyodo reported.

He added that Iran is ready to make sure protected passage for nations reminiscent of Japan in the event that they coordinate with Tehran.

Iranian gasoline to Iran reportedly resumes

Iranian gasoline provides to Iraq have resumed at a fee of 5 million cubic meters per day, the Iraqi electrical energy ministry stated on Saturday, in accordance with the state information company.

Flows had been minimize off since Israel’s assault on Iran’s predominant gasoline area, South Pars, on Wednesday.

— Reuters and the Related Press contributed to this report

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