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Iran's Islamic Revolutionary Guard Corps says it struck the US Navy's Fifth Fleet in Bahrain and a base in Kuwait in retaliation for US attacks, following the downing of an American Apache helicopter. The US Central Command denies the attacks succeeded, saying all Iranian strikes failed.
Prime Minister Shehbaz Sharif has ordered the acceleration of privatisation of power distribution companies, with plans to sell three profitable utilities by December 2026. The government is offering investors an 18-20% return and market freedoms, while maintaining consumer protections and uniform tariffs for now.
The United States intends to make Iranian assets available to Gulf allies for rebuilding and repairs after damage caused by Iran, according to a source familiar with the matter. Treasury Secretary Scott Bessent has directed a team to assess the costs of damages already inflicted. The move follows recent attacks and counterstrikes, with peace negotiations reportedly stalled.
Pakistan's Interior Minister Mohsin Naqvi has made his third visit to Tehran in recent weeks, part of Islamabad's ongoing mediation efforts between the U.S. and Iran. The visit comes amid heightened tensions, including recent military clashes and stalled negotiations, with Pakistan playing a central role as intermediary.
The US military said it struck Iranian coastal surveillance radar sites on Qeshm Island and Goruk after shooting down four Iranian drones launched toward the Strait of Hormuz. Iran's navy reported firing warning shots at US forces, a claim denied by CENTCOM. The conflict is also pushing millions into acute hunger, the UN food agency warned.
Recent reports detail US military involvement in coordinating vessel passages and conducting secretive ship-to-ship oil transfers near the Strait of Hormuz, amid ongoing tensions with Iran. The New York Times, as cited by TASS, reports over 100 vessels were assisted, while Reuters details an operation involving at least 92 ships.
The US military says it intercepted Iranian missiles and drones aimed at Kuwait and Bahrain, while conducting self-defense strikes on Iran's Qeshm Island. The attacks mark an escalation in the Gulf conflict despite a ceasefire, with Kuwait reporting damage at its international airport and diplomatic fallout.
Despite formal ceasefires between Israel and Lebanon, Iran and the US, and Israel and Hamas, violence persists. Legal experts explain the limitations of ceasefires, while critics accuse the US and Israel of undermining truces.
Despite a US-brokered ceasefire announced after a fourth round of talks in Washington, Israel and Hezbollah continue to clash in southern Lebanon. Israel says it will keep up ground operations, while Hezbollah has rejected the deal as a 'surrender agreement.' The fragile truce faces immediate challenges on the ground.
Iranian Foreign Minister Abbas Araghchi reported no tangible progress in negotiations with the United States, tying any deal to an Israeli withdrawal from Lebanon, while President Donald Trump described the talks as going well. An Iranian drone strike on Kuwait International Airport killed one person, and Israeli operations continued in Lebanon amid competing demands over a ceasefire.
VTB CEO Andrey Kostin said at the St. Petersburg International Economic Forum that investors from China and the Persian Gulf are showing renewed interest in Russia, calling it a positive sign. He also announced high-level meetings with Saudi Arabia, Bahrain, and the UAE on the forum's sidelines.
Iran launched missile and drone attacks on US military facilities in the Gulf, hitting Kuwait's international airport and causing at least one death and dozens of injuries. Kuwait and Bahrain condemned the assault, with Kuwait's defense ministry calling it 'heinous Iranian aggression.' Tehran says the strikes were retaliation for US attacks on Iran.
The US military conducted self-defense strikes on Iran's Qeshm Island after intercepting multiple missiles and drones targeting Kuwait and Bahrain. Iran launched seven ballistic missiles at the Gulf nations, while tensions with Israel also escalated. Meanwhile, US Secretary of State Marco Rubio denied offering sanctions relief to Iran, and direct Israel-Lebanon talks stalled.
Russian presidential aide Yury Ushakov said some 20,000 people from over 100 countries will participate in this week's St Petersburg International Economic Forum (SPIEF), running June 3-6 under the theme 'Pragmatic Dialogue: the Path to a Stable Future.' The event, with Saudi Arabia as guest country, also brings a US representative named by President Donald Trump, while Al Jazeera reported the gathering is a Kremlin showcase for Global South ties amid the war in Ukraine.
Russian Deputy Foreign Minister Georgy Borisenko accused the US and Israel of trying to involve Arab countries in a military confrontation with Iran to derail Arab-Iranian normalization. He also criticized a visit by Vladimir Zelensky to the Middle East, saying it would bring no positive results.
A BBC Verify analysis of satellite images and videos reveals that Iran has damaged at least 20 US military sites across eight Middle Eastern countries since the conflict began in February. The findings challenge official US assertions of Iranian military weakness, while President Trump claims US strikes have destroyed 55% of Iran's restored capabilities.
Iran and the US have exchanged new rounds of strikes, with Iran targeting US bases in Kuwait and Bahrain and Washington hitting Iranian drone operations, after President Trump dismissed reports of a near-term deal. The escalation threatens a fragile ceasefire and has sent oil prices surging.
Etihad Airways is significantly expanding its Tel Aviv–Abu Dhabi service to 42 weekly flights starting June 15, making it the airline's busiest route. The expansion comes as British Airways, Delta, American, and United extend or adjust their flight suspensions to Israel amid regional security concerns.
Oil prices rose on Thursday while Asian stocks mostly fell as fresh US strikes on Iran tested a shaky ceasefire. Brent crude climbed to $95.95 a barrel, while Iran's state media reported it fired at ships in the Strait of Hormuz and Kuwait said its air defenses responded to attacks.
The Board of Peace, established by US President Donald Trump to oversee Gaza's reconstruction, has received no funds in its official World Bank-administered fund despite $17 billion in pledges. The shortfall underscores concerns about the board's structure and the lack of a viable political horizon, while Israel's military operations and humanitarian restrictions continue.