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Home Trading News Stock Market

U.K. says Iran unsuccessfully targeted Diego Garcia base

March 21, 2026
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U.K. says Iran unsuccessfully targeted Diego Garcia base
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Diego Garcia, a British Indian Ocean Territory and the most important of the islands within the Chagos Archipelago on July 02, 2013 in Diego Garcia, British Indian Ocean Territory.

USGS NASA | Gallo Pictures | Getty Pictures

Iran unsuccessfully focused a joint U.S.-U.Ok. army base within the Indian Ocean, the U.Ok. mentioned Saturday.

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

British Prime Minister Keir Starmer’s workplace mentioned Friday that ministers had permitted 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 mentioned the U.Ok. 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.Ok. army base within the Indian ​Ocean, The Wall Road 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 mentioned.

“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.Ok. mentioned in its assertion. “[Royal Air Force] jets and different U.Ok. army belongings 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 big try to achieve far past the Center East and threaten U.S. pursuits, the Wall Road Journal mentioned.

The U.Ok. 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.Ok.’s acquisition and possession of the archipelago within the Indian Ocean.

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

U.S. permits sale of Iran oil at sea

The battle, which started on Feb. 28 with U.S. and Israeli airstrikes in opposition to Iranian targets, has successfully choked off the slender 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 almost zero from highs above 120 seen earlier this 12 months, in line with knowledge analyzed by Charles Schwab. A lot of the crude from the Gulf often 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 to ease costs got here late Friday, when it waived sanctions on the acquisition of Iranian oil at sea for 30 days. The transfer is anticipated to carry 140 billion barrels of oil to international markets, U.S. Treasury Secretary Scott Bessent posted ​on X.

“This short-term, short-term authorization is strictly restricted to grease that’s already in transit and doesn’t permit new purchases or manufacturing,” he mentioned. “Additional, Iran can have problem accessing any income generated and the US will proceed to keep up most stress on Iran and its capability 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 crucial for its sale, supply or offloading. Iranian oil hasn’t been meaningfully imported to the U.S. for the reason that 1979 Iranian revolution.

Iran stories assault on nuclear enrichment plant

Iranian media mentioned U.S.-Israeli forces had attacked the Shahid Ahmadi-Roshan Natanz enrichment complicated, 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 mentioned it was unaware of such a strike, whereas the pinnacle of the Worldwide Atomic Vitality Company mentioned it was investigating.

Russia referred to as it “a blatant violation of worldwide regulation.”

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

Menace to Strait of Hormuz ‘degraded’

On Saturday, Admiral Brad Cooper, head of the U.S. Central Command, touted the U.S. army’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 capability to threaten freedom of navigation in and across the Strait of Hormuz has been degraded,” he mentioned in a put up on X.

In the meantime, Trump informed reporters on Friday he’s not involved in a ceasefire with Iran.

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

“They do not have a navy. They do not have an air power. They haven’t any tools,” Trump continued.

In a Reality Social put up later Friday afternoon, Trump claimed that the U.S. is “getting very near assembly our goals 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 in opposition to Iran will “enhance considerably” within the coming week.

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

Iran requires ‘instant cessation’ of ‘aggression’

Iran’s President Masoud Pezeshkian mentioned 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 mentioned in an X put up on Saturday.

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

Pezeshkian informed Modi that there needs to be ensures to ⁠forestall a recurrence of such “aggression” sooner or later. He additionally referred to as on the BRICS bloc ​of main ​rising economies to ​play an impartial ‌position in halting aggression in opposition to Iran.

22 nations urge opening of Strait of Hormuz

The leaders from 22 nations — together with the United Arab Emirates, the U.Ok., 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 industrial vessels within the Gulf and on civilian infrastructure, together with oil and fuel amenities 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 industrial transport, and to adjust to UN Safety Council Decision 2817,” the assertion mentioned.

The nations mentioned they’re able to contribute to “acceptable efforts” to make sure secure passage by way of the strait.

Iran vows secure passage for Japanese vessels

Iranian Overseas Minister Abbas Araghchi mentioned Tehran is able to facilitate the passage of Japanese vessels by way of 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 mentioned that Iran is looking for “not a cease-fire, however a whole, complete and lasting finish to the battle.”

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

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

Iranian fuel to Iran reportedly resumes

Iranian fuel provides to Iraq have resumed at a charge of 5 million cubic meters per day, the Iraqi electrical energy ministry mentioned on Saturday, in line with the state information company.

Flows had been lower off since Israel’s assault on Iran’s important fuel area, South Pars, on Wednesday.

— Reuters and the Related Press contributed to this report

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