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The move comes shortly after the bombings at its nuclear facilities and could sharply impact global oil markets. Analysts warn that oil prices may spike if transit routes are disrupted. Markets are already reacting to news of the Iranian measure.

National Security Council briefings are underway as tensions escalate. Israel has urged the U.S. to deploy “bunker buster” bombs against Iranian nuclear sites. Satellite images show damage to Iran’s Arak facility after Israeli strikes, though Tehran claims minimal impact. Over 1,500 American students were evacuated from Israel via cruise ship amid the crisis .

Communications have become unreliable and no public shelters are open to civilians.Residents now spend nights in metro stations due to fear of fresh bombardment. Businesses remain shuttered, and authorities are urging calm amid escalating tensions.

Palestinian authorities say Israeli forces opened fire during efforts to reach trucks delivering food, flour, and humanitarian supplies. The Israeli military said it was investigating the incident, stating troops were responding to an “identified gathering” near aid vehicles. International agencies warn the enclave is nearing famine and urge immediate, impartial investigation.

Missile debris struck the U.S. Embassy in Tel Aviv, and strikes hit residential and school buildings in Tel Aviv, Haifa, Bnei Brak, Petah Tikva, and Bat Yam. At least five civilians, including a 10‑year‑old boy, were killed and more than 90 others were wounded, while nearly 300 were hospitalized amid the fourth day of hostilities. A drone targeting the U.S. consulate in Erbil was intercepted.

Discussions focus on de‑escalating the Israel‑Iran crisis and reshaping trade agreements, with no joint communique expected at the conclusion. Ukrainian President Zelenskyy is attending the summit alongside leaders from Canada, the U.S., France, Germany, Italy, Japan, and the UK. Security preparations are intense, with anticipated protests in Calgary and Banff.