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The US House of Representatives narrowly passed a $1.15 trillion defense policy bill that includes expanded military technology cooperation with Israel. The bill faces an uncertain future in the Senate amid Democratic opposition over its cost, the Iran war, and voting restrictions.
Yemen's Houthi rebels have declared a naval blockade targeting Saudi-linked vessels in the Red Sea and claimed strikes on two Saudi oil tankers, prompting several ships to change course. US Secretary of State Marco Rubio accused Iran of flying Revolutionary Guard members into Yemen, while Washington signaled openness to talks despite launching new strikes on Iran.
The Australian share market is expected to open higher following a rally on Wall Street, with the S&P 500, Dow Jones, and Nasdaq all finishing up. Oil prices have dropped below $US84 per barrel, while the Australian dollar is trading at 70 US cents.
US President Donald Trump warned that the US would destroy one bridge or power plant each time Iran fires at a ship in the Strait of Hormuz, as the conflict escalates. Iran's foreign minister responded with an 'eye for an eye' doctrine, and US strikes on Iran continued overnight. The confrontation has driven oil prices above $93 a barrel and raised global economic concerns.
U.S. President Donald Trump warned that the United States will bomb an Iranian bridge or power plant if Iran fires at a vessel in the Strait of Hormuz. He also reiterated threats against nuclear sites and claimed Iran wants nuclear talks. Tensions rise amid Houthi threats and global energy concerns.
Senior officials from the UAE and Saudi Arabia have posted similar messages on social media affirming close historical ties, signaling a thaw in relations months after a public falling out. The posts come amid renewed U.S.-Iran hostilities and differing views on regional conflicts.
Iranian officials and the IRGC have warned that any US attack on Iranian infrastructure, including bridges and power plants, will be met with reciprocal strikes on US and allied infrastructure across the Middle East. The warnings follow US President Donald Trump's threats to destroy Iranian bridges and power plants in response to attacks on ships in the Strait of Hormuz.
Ukrainian President Vladimir Zelensky has dismissed Alexander Syrsky as commander-in-chief of the armed forces and appointed Mikhail Drapaty to replace him, amid a political crisis and protests. The reshuffle also affected the General Staff chief, with Igor Skibyuk named as his successor, though questions remain about the legality of the appointment given the vacant defense minister post.
Pakistan condemned the Houthis' maritime embargo threats against Saudi Arabia, warned it would defend its own maritime interests, and reaffirmed support for Riyadh at a UN Security Council briefing on Yemen, calling for dialogue and peaceful resolution.
Two Saudi crude tankers have reversed course in the Red Sea after Houthi threats, raising fears of a second maritime chokepoint disruption for Asian buyers already affected by Strait of Hormuz tensions. Analysts warn a full closure could disrupt 7.4 million barrels per day, leaving the Suez Canal as a longer, costlier alternative.
US President Donald Trump has threatened to attack Iran's Pickaxe Mountain nuclear site, a deeply buried facility near Natanz. The site, suspected of hosting an undeclared enrichment facility, remains untouched due to its depth and perceived lack of immediate threat, according to multiple reports.
The US military has completed its 11th night of strikes on Iran, targeting aircraft hangars and drone storage sites, while Iran continues attacks on a tanker in the Strait of Hormuz and other regional targets. Diplomatic efforts in Pakistan, led by Iranian Interior Minister Eskandar Momeni, have yet to yield a new arrangement, and the conflict has pushed oil prices higher.
US Secretary of State Marco Rubio says Washington is open to a diplomatic solution but accuses Iran of not being serious about talks, as US strikes continue for consecutive nights. Rubio warns Iran will 'pay a price' and reiterated the US goal of denuclearization.
US Defense Secretary Pete Hegseth has confirmed the Iran war has cost $37.5 billion so far, as he seeks additional funding for the conflict. The figure marks a significant increase from previous estimates, with lawmakers questioning the cost and strategy.
Australian Foreign Minister Penny Wong met Chinese Foreign Minister Wang Yi in Manila, where she raised concerns about China's recent test of a nuclear-capable missile and other regional issues. Wang urged Australia to abandon 'double standards' and work to maintain improving bilateral ties, while Wong reiterated Australia's consistent approach toward Beijing.
US forces carried out an eleventh consecutive night of strikes on Iran, with air defence activity reported across Tehran. President Trump warned the campaign is "not finished," while Iran and its allies threaten further escalation across the region.
The Trump administration has signed a nuclear cooperation agreement with Saudi Arabia, allowing US companies to help build a civilian nuclear program in the kingdom. The pact omits certain nonproliferation safeguards, drawing concerns about regional arms race risks.
The US launched strikes on Iran for the 11th consecutive night, targeting air defense systems and maritime assets. President Trump warned of an impending attack on an underground nuclear facility near Natanz, as the conflict over the Strait of Hormuz continues.
Pakistan merges its Board of Investment and Special Investment Facilitation Council, sparking debate on whether institutional changes can overcome deep-rooted economic challenges. Analysts point to declining FDI, high taxes, and policy inconsistency as critical hurdles.
The US and Saudi Arabia have agreed on a civilian nuclear deal that could allow Riyadh to enrich uranium on its soil, a shift in longstanding US non-proliferation policy. Critics warn the deal could spark a regional arms race and compromise Israel's security, while the agreement drops a previous requirement for Saudi normalization with Israel.