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Joint US-Saudi airstrikes targeted Iran-backed Popular Mobilization Forces (PMF) facilities in Iraq following a series of drone and missile attacks on Saudi Arabia. The strikes have drawn threats of retaliation from the PMF and raised international concern over further escalation in the region.
President Donald Trump has threatened to strike Iran 'very hard' following an attack on US military personnel in Jordan. Al Jazeera also reported that the US launched a new wave of strikes on Iran, and a drone hit a US-owned tanker at an Egyptian port.
The US Federal Reserve left its benchmark interest rate unchanged at 3.5%-3.75% for a fifth consecutive meeting, with a 9-3 vote. Fed Chair Kevin Warsh reaffirmed the central bank's commitment to its 2% inflation target, while government borrowing costs climbed to their highest level since 2007.
The US and Saudi Arabia launched coordinated strikes on Iran-backed militia bases in Iraq, killing at least 20 fighters, while Iran fired ballistic missiles at US installations in Jordan. The attacks mark a significant escalation, with Riyadh publicly joining Washington for the first time.
Yemen's internationally recognized government has accused the Houthis of planning to impose fees on ships transiting the Red Sea and Bab al-Mandab Strait, drawing on Iran's model in the Strait of Hormuz. Foreign Minister Designate Afrah al-Zouba and Information Minister Moammar al-Eryani made the allegations, warning that attacks have already disrupted global trade.
Yemen's Houthi-run Humanitarian Operations Coordination Center denied plans to charge ships for traversing the Bab el-Mandeb Strait, saying passage remains free. The denial follows a report that the Iran-aligned group had been weighing fees, with Chinese vessels reportedly exempt, as regional tensions continue.
Lebanese President Joseph Aoun's first White House visit in 17 years has spotlighted a potential historic shift in Israel-Lebanon relations, with Aoun stating Lebanon's goal to end hostility with Israel. The visit, part of a US-brokered negotiation process, comes amid Hezbollah's reported decline and Aoun's efforts to challenge its influence.
Recent missile and drone strikes on Jordan, including a lethal attack on a base used by US forces, show Iran's expanding front in the Middle East. Jerusalem Post analysis details Jordan's vulnerability, its historical ties to the West, and the strategic calculus behind Iran's choice of targets.
Formula 1 has set a mid-September deadline to decide whether its final rounds in Qatar and Abu Dhabi can proceed, with CEO Stefano Domenicali saying the season would end in Europe if they cannot. The decision comes after races in Saudi Arabia and Bahrain were called off due to the war in Iran.
The US and Saudi Arabia launched joint air strikes on Iran-aligned groups in Iraq in response to drone attacks on Saudi oil facilities and US forces. Iraq's National Security Council condemned the strikes as a violation of sovereignty, while Iran denied involvement and condemned the attacks.
Iran has rejected an Omani proposal for joint oversight of the Strait of Hormuz, offering its own counterproposal that would give Tehran more control. The exchange comes amid a US-Israel war on Iran, which led to the strait's closure and subsequent diplomatic efforts to reopen it.
Australian headline inflation fell to 3.8% in June, down from 4% in May, raising hopes that the Reserve Bank will hold rates steady at its August meeting. Underlying inflation remains at 3.6%, still above the RBA's target, prompting cautious optimism among economists and officials.
Turkiye and Iraq have signed a one-year agreement to keep crude flowing through the Kirkuk-Ceyhan pipeline, ensuring 750,000 barrels per day. The move follows a visit by Iraqi Prime Minister Ali al-Zaidi to Ankara, during which Turkish President Erdogan confirmed plans to acquire a stake in the Kirkuk oilfield and potential supply of 1 million barrels per day.
Yemen's Houthi rebels have claimed missile and drone attacks on Saudi oil tankers in the Red Sea, following a maritime blockade imposed on Saudi Arabia. The UKMTO reported a tanker being struck and an explosion, while the Houthis cite a Saudi-led siege on Yemen as justification.
Following Prime Minister Benjamin Netanyahu's meetings with President Trump and US senators, Israeli officials report no US pressure on Israel to withdraw from Gaza or Lebanon. The talks focused on Iran, the Abraham Accords, and bipartisan support for Israel.
US diplomats staged a walkout during a UN Security Council meeting after France accused Washington of abandoning its role as a human rights leader. The clash follows a contentious vote on the reappointment of UN human rights chief Volker Türk, which the US opposed.
US President Donald Trump held separate Oval Office meetings with Ukrainian President Volodymyr Zelenskyy and Israeli Prime Minister Benjamin Netanyahu on Tuesday, as the two leaders navigated shifting US policies on the wars in Ukraine and Iran. The meetings came amid reported tensions between Trump and Netanyahu and signs of a changing posture on Ukraine.
Israeli Prime Minister Benjamin Netanyahu met with US President Donald Trump at the White House for the first time since the Iran war began. The closed-door talks focused on the conflict, amid public disagreements and a recent escalation in hostilities.
Israeli Prime Minister Benjamin Netanyahu met with US President Donald Trump in Washington, their first face-to-face talks since the start of the Iran war. The meeting coincides with renewed diplomatic efforts, including upcoming Israel-Lebanon talks and regional outreach by Israel and Syria.
Oman has presented Iran with a proposal, backed by Gulf states, for joint management of the Strait of Hormuz, including voluntary fees for shipping. The plan aims to end trade disruption caused by the US-Israeli war on Iran, but disagreements remain over mandatory payments and the strait's pre-war status.