Iranian Missiles Hit Southern Israel; Reports Surface of Strike on Diego Garcia Base

The conflict between the United States and Iran has escalated significantly over the last 24 hours. In southern Israel, Iranian missile strikes targeted residential areas in the city of Arad, injuring at least 64 people. Magen David Adom emergency teams reported widespread damage to homes as the conflict enters its fourth week. Simultaneously, unconfirmed intelligence reports indicate that Iran may have launched two intermediate-range ballistic missiles at the joint US-UK military base on Diego Garcia in the Indian Ocean, signaling a significant expansion of Iran’s operational reach. On the diplomatic front, Iranian Foreign Minister Abbas Araghchi has officially rejected calls for a temporary ceasefire. Tehran is reportedly demanding a permanent cessation of hostilities, accompanied by legal guarantees and financial compensation for damages. While Iran remains open to mediation through channels such as Oman, the Trump administration's stance on these specific terms remains uncertain. The maritime and economic sectors remain under heavy pressure as tensions persist in the Strait of Hormuz. Following President Trump’s 48-hour ultimatum, global energy markets are monitoring the region closely for further disruptions. Additionally, security analysts have raised alarms regarding Iranian threats against U.S. power infrastructure, suggesting the conflict could shift toward domestic economic targets.