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(VIDEO) Iranian Intelligence Minister Esmail Khatib Killed in Israeli Airstrike

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Esmail Khatib

TEHRAN, Iran — Iran’s Intelligence Minister Esmail Khatib was killed in an overnight Israeli airstrike in Tehran, Iranian President Masoud Pezeshkian confirmed Wednesday, marking the third high-profile assassination of a senior regime official in as many days amid the ongoing U.S.-Israeli military campaign against Iran.

Esmail Khatib
Esmail Khatib

The strike, claimed by Israel’s Defense Minister Israel Katz as the “elimination” of Khatib — whom he described as overseeing “the regime’s internal murder and repression system” and external threats — came hours after U.S. forces conducted precision strikes on hardened Iranian missile sites along the coastline near the Strait of Hormuz. U.S. Central Command announced the operation used multiple 5,000-pound deep-penetrator munitions to target facilities housing anti-ship cruise missiles that posed risks to international shipping in the strategic waterway.

Khatib’s death follows the killings Tuesday of top national security official Ali Larijani and former Basij paramilitary chief Gen. Gholamreza Soleimani in separate Israeli airstrikes. Pezeshkian, in a post on X, condemned the killings as “cowardly assassinations” and vowed resilience, while Iranian state television confirmed Khatib’s death and labeled it part of Israel’s campaign to destabilize Iran’s leadership.

The assassinations represent a sharp escalation in Israel’s targeting of Iran’s political and security elite since the conflict began Feb. 28, 2026, with joint U.S.-Israeli airstrikes aimed at degrading Iran’s nuclear program, ballistic missile capabilities and regime stability. Israeli officials have stated the military now has permission to strike Iranian leaders “at will,” signaling an intensified effort to dismantle command structures.

In response to the latest killings, Iran launched a missile barrage overnight that struck areas near Tel Aviv, killing two civilians in Ramat Gan and injuring others, according to Israeli emergency services. Air raid sirens sounded across central Israel as debris fell from intercepted projectiles. The Islamic Revolutionary Guard Corps claimed the attack as retaliation for the assassinations, vowing further operations.

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The U.S. strikes near the Strait of Hormuz focused on neutralizing threats to maritime traffic without directly hitting oil infrastructure on Kharg Island or elsewhere, though President Donald Trump warned Wednesday that energy facilities could become targets if Iran continues interfering with shipping. CENTCOM described the operation as successful in degrading Iran’s anti-ship missile posture, part of broader efforts to reopen the strait amid disrupted global oil flows.

Oil prices remained elevated near $112 per barrel on Brent crude futures Wednesday, reflecting ongoing market anxiety over potential closure of the chokepoint through which about 20% of global oil passes. Trump has criticized NATO allies for failing to contribute naval assets, including minesweepers, to secure the strait, calling their response “mixed” and insufficient.

The conflict, now in its third week and dubbed Operation Epic Fury by U.S. officials, has seen extensive strikes across Iran. U.S. and Israeli forces have targeted ballistic missile launchers, production sites, air defenses, nuclear-related facilities at Natanz and command centers, with CENTCOM reporting significant degradation — missile attacks from Iran down roughly 90% since operations intensified.

Iranian casualties remain high, with the regime reporting over 1,400 deaths and thousands wounded, though independent estimates suggest higher figures among military personnel. Civilian impacts include strikes on residential areas in Tehran, with rescuers searching rubble in the Resalat district after a building collapse attributed to the campaign.

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Iran’s new Supreme Leader Ayatollah Mojtaba Khamenei issued a rare statement offering condolences for Larijani’s death and warning of retaliation, while the regime’s foreign ministry condemned the strikes as violations of sovereignty during ongoing nuclear talks. Tehran has widened attacks to include U.S. bases in Iraq and allied interests in the Gulf, with recent incidents in Dubai, Doha and other states from missile and drone activity.

The White House described Khatib’s killing as “a good thing” for U.S. interests, citing his role in alleged cyber operations and repression. Trump reiterated no immediate deal is possible without Iran halting aggression, dismissing diplomacy amid the violence.

International reactions include U.N. calls for ceasefire and an emergency Security Council session, with China and Russia condemning the strikes as “imperialist.” European allies express support for Israel’s self-defense but urge de-escalation to avoid wider war.

As strikes continue, the assassinations of Khatib, Larijani and Soleimani underscore efforts to fracture Iran’s leadership. With missile capabilities diminished but proxy forces like Hezbollah active, the conflict risks further regional spillover.

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Icotyde psoriasis pill from J&J to rival Tremfya Skyrizi IL-23 shots

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Icotyde psoriasis pill from J&J to rival Tremfya Skyrizi IL-23 shots

Signage outside Johnson & Johnson offices in Irvine, California, US, on Friday, Oct. 10, 2025.

Kyle Grillot | Bloomberg | Getty Images

Johnson & Johnson on Wednesday said the U.S. Food and Drug Administration approved its once-daily psoriasis pill, the first oral option to rival best-selling shots.

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The FDA approved the pill, Icotyde, to treat moderate to severe plaque psoriasis, an autoimmune condition that causes rough patches of skin. Patients typically start treatment with topical medications.

If those don’t work, they advance to pills or shots. J&J sees Icotyde becoming the first-line systematic treatment for psoriasis, in between topicals and shots.

Drugmakers have been developing more advanced medicines than standard topicals, turning psoriasis into a highly competitive space. Icotyde targets the same IL-23 receptor as best-selling shots like J&J’s Tremfya and AbbVie‘s Skyrizi, giving patients an oral alternative to some of the most advanced — and most expensive — drugs on the market.

“To be able to to be able to have something that is relatively simple, that offers that level of clearance, trusted safety profile, and in a simple pill, we think is going to be revolutionary,” said Jennifer Taubert, chairman of J&J Innovative Medicine.

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J&J estimates about 8 million people in the U.S. have plaque psoriasis, and that 75% of people don’t advance from topicals to shots because of reasons like fearing needles. Taubert sees Icotyde appealing to those patients.

“We believe having the type of profile that Icotyde has in a simple, once-daily oral pill, we think it’s going to be an absolute game changer for patients,” Taubert said.

J&J hasn’t announced how much Icotyde will cost beyond saying the company will help people pay for the medicine. Rival shots Tremfya and Skyrizi cost around $100,000 a year.

J&J sees peak annual sales of Icotyde exceeding $5 billion once it’s approved for other autoimmune conditions. It’s testing the drug for psoriatic arthritis, ulcerative colitis and Crohn’s disease.

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Shares of J&J slid one-quarter of a percent Wednesday while shares of Skyrizi-maker AbbVie fell more than 4%. Protagonist Therapeutics, a biotech company that developed Icotyde with J&J, was trading about flat.

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The US central bank is moving cautiously, despite pressure from the president to cut interest rates.

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Iran’s military escalation backfiring, former Israeli general consul says

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Iran's military escalation backfiring, former Israeli general consul says

Iran’s latest military escalation is backfiring on the global stage as new strikes and widening regional fallout expose what a former Israeli consul general in New York called a critical miscalculation by Tehran.

Ambassador Ido Aharoni, who served as consul general of Israel in New York, joined FOX Business’ “Mornings With Maria” on Wednesday to discuss the broader implications of Iran’s recent actions and the shifting dynamics across the Middle East.

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Iran flag in rubble and debris

An Iranian flag lies amid rubble and debris in Tehran. (Atta Kenare/AFP via Getty Images)

“Iran made a terrible mistake attacking Cyprus, thus bringing in the European Union,” Aharoni told host Maria Bartiromo.

He said Iran’s decision to expand its targets is drawing in new international pressure and raising concerns far beyond the region.

IRAN WAR UNLIKELY TO TRIGGER GLOBAL SUPPLY CHAIN CRISIS, GOLDMAN SACHS SAYS

“Iran is presenting a threat to the entire world,” Aharoni said.

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The former consul general argued the U.S. and Israel’s ongoing military campaign is reshaping deterrence and exposing the regime’s vulnerabilities.

“For the first time since 1979, Iran is being punished for its motivation, for its ideology, not just for their actions… This sends a very powerful message throughout the region,” Aharoni said.

“This is how you restore deterrence… This is exactly what is being done.”

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PRINCE REZA PAHLAVI HAS ‘MAJORITY SUPPORT’ AMONG IRANIANS AS PRESSURE BUILDS ON REGIME, CHIEF OF STAFF SAYS

He said Iran’s long-term position is weakening as a result of Operation Epic Fury. 

“They’re not going to be the same regional power that they were before or after this. It will take them decades to rebuild the infrastructure that was destroyed,” Aharoni explained.

Aharoni underscored that Iran’s actions are impacting its own population as instability grows.

“The Iranians are the number one victims of their own regime,” Aharoni said.

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JD Vance vows gas prices will drop as Iran conflict ends

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JD Vance vows gas prices will drop as Iran conflict ends

The Trump administration is working to lower gas prices as motorists continue to pay more at the pump since the outbreak of the Iran war, Vice President JD Vance said Wednesday, noting that the increase is temporary. 

Vance was at the Engineering Design Services, Inc. manufacturing plant in Auburn Hills, Michigan, where he was asked about rising gas prices.

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“Gas prices are up, and we know they’re up,” Vance said. “We know that people are hurting because of it, and we’re doing everything that we can to ensure that they stay lower.”

Vance said prices will eventually start to decline. 

AMERICANS HIT WITH SOARING ELECTRICITY BILLS AS PRICE HIKES OUTPACE INFLATION NATIONWIDE

Vice President JD Vance

 Vice President JD Vance speaks onstage at Engineering Design Services, Inc. on Wednesday in Auburn Hills, Michigan.  (Bill Pugliano/Getty Images / Getty Images)

“The president said this, and I certainly agree with it. This is a temporary blow,” he said. “What happened under the Biden administration is that gas prices were high for four years. Gas prices are higher right now, and frankly, they’re not even as high as they were during certain parts of the Biden administration.”

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Prices have steadily risen following U.S. and Israeli attacks against Iran in recent weeks. 

As of Wednesday, the average price for a regular gallon of gas was $3.84, up from $2.92 a month ago, according to AAA.

GAS PRICES SURGE, PINCHING AMERICANS AND HANDING THE GOP A NEW MIDTERM HEADACHE

Gas pump

A diesel fuel pump at a Chevron gas station in Seattle, Washington, US, on Monday, March 9, 2026. (M. Scott Brauer/Bloomberg via Getty Images / Getty Images)

In recent weeks, the administration has worked with its allies to release hundreds of millions of barrels of oil from petroleum reserves in an effort to put downward pressure on prices, Vance said. 

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Many U.S. allies are “suffering” much more than many Americans, Vance said. 

“So as much as we’ve got to focus on getting these gas prices down, the reality is, overseas they’re feeling it far worse than we did because we’ve taken the steps to protect our energy economy.”

Once military operations against Iran conclude, prices should decrease to previous levels, said Vance. 

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“We promise that when this conflict draws to a close, when this operation draws to close, we’re going to see those energy prices come back down to reality, because that’s what the president promised to do,” he said. “He delivered an energy-dominant agenda. It’s made us much more secure in the face of these things. But yeah, we’ve got a rough road ahead of us for the next few weeks, but it’s temporary.”

The U.S. produces more oil than any other country, according to the Energy Information Administration (EIA). As of 2023, the latest data available, the U.S. produces 1roughly3 millions barrels per day, followed by Russia and Saudi Arabia.

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