Iran picks new leader as escalating war deepens oil shock

By Arsalan Shahla, Josh Wingrove and Omar Tamo, Bloomberg News

Iran picked a new supreme leader and kept up attacks on the ninth day of the war in the Middle East, hitting a water plant in Bahrain, while Israel struck fuel depots in Tehran and threatened the Islamic Republic’s power grid.

The attacks overnight into Sunday came as Arab states across the Persian Gulf continued to face incoming missiles and drones from Iran, which said it had the capacity to sustain the war for months.