Iran war enters fourth day amid 'smoke and blood' as conflict widens

Iranian drones struck the US embassy in Saudi Arabia after previously hitting the mission in Kuwait

Iran, US Israel attacks on Iran, Israel Iran conflict, US Iran, Israel Iran
Iran, US Israel attacks on Iran (File Photo)
Reuters
5 min read Last Updated : Mar 03 2026 | 11:10 PM IST
Explosions tore through Tehran and Beirut on Tuesday and stock markets around the world tumbled while oil prices soared at the pros- pect of a prolonged disruption to global energy supplies from the US- Israeli air war against Iran. 
 
Iranian drones struck the US embassy in Saudi Arabia after previously hitting the mission in Kuwait. Washington responded by shutting both embassies and order- ing non-emergency government personnel and their families to leave countries across the Middle East. 
 
A day after President Donald Trump and Prime Minister Benja- min Netanyahu gave open-ended answers when asked how long the war would last, a source told Reuters that Israel’s campaign had been planned to last two weeks and was moving faster. 
 
The source, familiar with Israel's war plan, said its aim was to over- throw Iran's clerical rulers, and there was no firm deadline to achieve it. 
 
But the Israeli military was going through its target list faster than planned, with early success killing Iran's leaders and taking out its defences, the source said. Israel was also accelerating its campaign out of concern Washington might reach a deal with Iran's surviving leaders and stop too soon, the source added. 
 
Inside Iran, Israel struck the Tehran headquarters of the state broadcaster IRIB. Israel warned residents in the afternoon to leave the Hakimeh district and the area around the capital’s Mehrabad air- port. 
 
Shortly afterwards there were explosions in both districts. As Iranians have fled cities, the capital has become a ghost town. How long will this continue? Where are the shelters? Where is the government? Bijan, 32, a bank employee, told Reuters by tele- phone from Tehran. 
 
Every night my wife and I hide in the basement. The whole city is empty. There is smoke and blood everywhere. Firuzeh Seraj said she was afraid to take her 10-year-old daughter for dialysis treatment after a hospital in the capital was struck. 
 
Global stock markets slid as the disruption of Middle East energy supplies threatened to reignite post-pandemic inflation. The price of crude oil was up by 17 per cent in two days, and the European wholesale price for natu- ral gas was up a punishing 40 per cent. The S&P 500 fell 2.2 per cent after Wall Street’s opening. 
 
Europe's benchmark STOXX 600 index was down 3.3 per cent in afternoon trading, after a 1.7 per cent drop on Monday. Shares in energy import-dependent South Korea plunged more than 7 per cent. Iran has called the war an unprovoked attack. It has responded by firing missiles and drones at neighbouring Arab states that host US bases, and by strang- ling shipping through the Strait of Hormuz, where a fifth of the world's supplies of oil and liquefied natural gas travel past its coast. 
 
Qatar, one of the world's main exporters of LNG, has halted pro- duction, while tankers have dropped anchor in the Gulf rather than brave the strait. The cost of hiring a tanker to ship oil from the Middle East to Asia has nearly quadrupled since last week to an all-time high well over $400,000 a day. 
 
The US-Israeli campaign killed Iranian Supreme Leader Ayatollah Ali Khamenei on day one in his- tory's first assassination of a national leader by enemy forces from the air. 
 
If the campaign were to achieve the aim of overthrowing Iran's ruling system using air power with no armed force on the ground, that would also be a first. 
 
Since Monday, the war has spread to Lebanon, where Iran's Hezbollah allies fired on Israel, which responded with air strikes and reinforcements of ground positions in the south. Thick black smoke blanketed Beirut as the sound of explosions rumbled in the air. Authorities said dozens were killed there. 
 
Iran said its death toll from the attacks had reached 787, citing the Red Crescent. State media showed hundreds packing the streets of the southern city of Minab to mourn scores of girls killed in the bombing of a girls' school on the war's first day, by far the worst of several reported attacks to hit civilian targets. 
 
The girls' small coffins, draped with Ira- nian flags, were passed from a truck and borne by the crowd across a sea of upraised hands towards the grave site. The UN human rights office demanded an investigation into the strike, which its spokesper- son called “absolutely horrific”. Some Iranians have openly cel- ebrated the death of Khamenei, 86, who had ruled Iran for 37 years and led security forces that killed thou- sands of anti-government pro- testers only weeks ago. 
 
While Israeli officials explicitly say they want to oust Iran's govern- ment, US officials have said the war's aim is to destroy Iran's ability to project force beyond its borders. But Trump has also urged Iranians to topple the clerical leadership, which has tormented the US and its allies for generations. 
 
In a social media post, Trump wrote: “Their air defence, Air Force, Navy, and Leadership is gone. They want to talk. I said ‘Too Late!’” Israeli Lieutenant Colonel Nadav Shoshani told a briefing that the duration could depend on developments, adding: “We have prepared a general scope of weeks.” 
 
Asked if Israel could deploy ground forces to Iran, Shoshani said that was unlikely. In Israel, where Iranian mis- siles have killed 10 people since Saturday, air raid sirens sounded repeatedly, warning of incoming attacks and sending millions into bomb shelters as the blasts of interceptions shook buildings and shrapnel crashed through the roof of a residential building near Tel Aviv.

More From This Section

Topics :Israel Iran ConflictUS Iran tensionsBS Reads

First Published: Mar 03 2026 | 11:10 PM IST

Next Story