More than 650 people have been killed in Iran following a massive Israeli bombing campaign launched a week ago, an activist group said on Friday.

The U.S.-based Human Rights Activists News Agency (HRANA) reported that 657 people have died and 2,037 have been injured in the nationwide airstrikes.

The Iranian government does not publish daily figures on casualties.

HRANA relies on a broad network of informants and publicly available sources.

The group said the dead include at least 263 civilians and 164 members of the military.

Another 230 fatalities remain unidentified.

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The network also reported damage to civilian infrastructure, including a projectile striking a children’s hospital in Tehran, which did not result in any injuries.

In the western province of Ilam, a fire station was damaged, HRANA said, while an Israeli attack on a car factory in western Iran triggered a large fire.

Israel maintains its objective is to prevent Iran from acquiring nuclear weapons, which it considers an existential threat.

Britain on Friday withdrew its embassy staff from Iran, following in the footsteps of other European nations as well as Australia and New Zealand amid the conflict with Israel.

“Due to the current security situation, we have taken the precautionary measure to temporarily withdraw our UK staff from Iran,” the foreign ministry said in a statement.

“Our embassy continues to operate remotely,” it added.

On the eighth day of the war between Iran and Israel, the British ministry said it continued to call for de-escalation between the two sides.

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But the statement added: “We take the protection of our staff and British nationals extremely seriously and we have long advised against all travel to Iran.”

Earlier Friday, Australia also shuttered its Tehran embassy and ordered officials to leave the country, Sydney said, citing a “deteriorating security situation”.

Both countries join a string of nations closing diplomatic missions in Iran since Israel launched air strikes a week ago, claiming its arch enemy was on the verge of developing a nuclear weapon.

Australia has directed all its officials and their dependents to leave Iran, and suspended its Tehran embassy operations, Foreign Minister Penny Wong told a news conference in Adelaide.

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“This is not a decision taken lightly. It is a decision based on the deteriorating security environment in Iran,” she said.

Wong said there were about 2,000 Australians and family members registered in Iran who wanted to depart, and another 1,200 in Israel.

Other nations that have suspended Tehran embassy operations include Bulgaria, Czech Republic, New Zealand, Portugal, and Switzerland.

Switzerland said it was temporarily closing its diplomatic mission in the Iranian capital, but would continue to fulfil is role in representing US interests in Iran.

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“In view of the intensity of military operations in Iran and the highly unstable situation on the ground, the FDFA has decided to temporarily close the Swiss embassy in Tehran,” the Federal Department of Foreign Affairs said.

European powers meanwhile met with Iranian officials in Geneva on Friday, and hoped to offer “a diplomatic solution”, according to French President Emmanuel Macron.

Britain’s Foreign Secretary David Lammy said “a window now exists within the next two weeks to achieve a diplomatic solution”, while agreeing with US Secretary of State Marco Rubio that “Iran can never develop or acquire a nuclear weapon”.

AFP

Oil prices tumbled Friday and equity traders fought to end a volatile week on a positive note after Donald Trump said he would consider over the next two weeks whether to join Israel’s attacks on Iran.

Speculation had been swirling that Trump would throw his lot in with Israel, but on Thursday, he said he would decide “within the next two weeks” whether to involve the United States, giving diplomacy a shot to end the hostilities.

While tensions are sky high amid fears of an escalation, the US president’s remarks suggested the crisis could be prevented from spiralling into all-out war between the Middle East foes.

Since Israel first hit Iran last Friday, the two have exchanged deadly strikes and apocalyptic warnings, though observers said the conflict has not seen a critical escalation.

European foreign ministers were due to meet their Iranian counterpart on Friday in Geneva.

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In a statement read out by White House Press Secretary Karoline Leavitt, the president said: “Based on the fact that there’s a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decision whether or not to go within the next two weeks.”

Leavitt added: “If there’s a chance for diplomacy, the president’s always going to grab it, but he’s not afraid to use strength as well.”

Both main oil contracts were down around two per cent Friday, but uncertainty prevailed, and traders remained nervous.

“Crude still calls the shots, and volatility’s the devil in the room — and every trader on the street knows we’re two headlines away from chaos,” said Stephen Innes at SPI Asset Management.

“Make no mistake: we’re trading a geopolitical powder keg with a lit fuse.

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“President Trump’s two-week ‘thinking window’ on whether to join Israel’s war against Iran is no cooling-off period — it’s a ticking volatility clock.”

Stocks were mixed following a public holiday in New York, with Hong Kong, Taipei, Mumbai and Bangkok all up with London, Paris and Frankfurt.

Seoul’s Kospi led the gains, rising more than one per cent to break 3,000 points for the first time in nearly three and a half years.

The index has risen every day except one since the June 4 election of a new president, which ended months of political crisis and fuelled hopes for an economic rebound.

Tokyo fell as Japanese core inflation accelerated, stoked by a doubling in the cost of rice, a hot topic issue that poses a threat to Prime Minister Shigeru Ishiba ahead of elections next month.

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There were also losses in Shanghai, Sydney, Singapore, Manila and Jakarta.

The Middle East crisis continues to absorb most of the news but Trump’s trade war remains a major obstacle for investors as the end of a 90-day pause on his April 2 tariff blitz approaches, with few governments reaching deals to avert them being imposed.

“While the worst of the tariffs have been paused, we suspect it won’t be until those deadlines approach that new agreements may be finalised,” said David Sekera, chief US market strategist at Morningstar.

“Until then, as news emerges regarding the progress and substance of trade negotiations, these headlines could have an outsize positive or negative impact on markets.”

Key figures at around 0715 GMT: Brent North Sea Crude: DOWN 2.6 percent at $76.85 per barrel, West Texas Intermediate: DOWN 1.9 percent at $73.62 per barrel, Tokyo – Nikkei 225: DOWN 0.2 percent at 38,403.23 (close), Hong Kong – Hang Seng Index: UP 0.8 percent at 23,421.80, Shanghai – Composite: DOWN 0.1 percent at 3,359.90 (close), London – FTSE 100: UP 0.3 percent at 8,819.26 Euro/dollar: UP at $1.1517 from $1.1463 on Thursday, Pound/dollar: UP at $1.3467 from $1.3429, Dollar/yen: DOWN at 145.38 yen from 145.63 yen Euro/pound: UP at 85.51 pence from 85.36 pence.

AFP