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Iran's Islamic Revolutionary Guard Corps claimed responsibility for attacks on US military targets in Kuwait, Jordan, and Bahrain, prompting interceptions and damage reports. Jordan confirmed shooting down missiles, while Kuwait reported injuries and facility damage.
The United States and Iran traded strikes on military and infrastructure targets over the weekend, with Iran announcing it had suspended its commitments under the interim deal. The conflict, focused on the Strait of Hormuz, saw significant damage in Kuwait, including a desalination plant and oil facility.
The United States carried out a seventh consecutive night of airstrikes on Iran, damaging bridges and energy infrastructure, while Iranian officials reported water outages in several towns. Iran responded with attacks on US military sites in the Gulf, and Kuwait asked residents to conserve power.
Iran launched fresh attacks on US Gulf allies on Saturday after a seventh consecutive night of US strikes on Iranian military sites, while both sides targeted shipping in the Strait of Hormuz. The escalation has driven oil prices higher and raised fears of a return to all-out war.
Pakistan recorded a current account deficit of $139 million in FY26, reversing the previous year's surplus, according to State Bank data reported by Dawn. Record remittances of about $41.6 billion limited the gap amid a large trade deficit and falling foreign direct investment. Early FY27 saw Gulf-related investment outflows, including a Bahrain withdrawal and a UAE deposit shift later offset by Saudi Arabia.
Pakistan is reportedly negotiating an expanded defence pact with Kuwait, which seeks a show of force similar to Islamabad's agreement with Saudi Arabia. The talks are at an early stage and could be complicated by US-Iran tensions, according to Reuters, as reported by Dawn and the Jerusalem Post. Pakistan also endorsed Saudi Arabia's recent air strikes in Iraq, reaffirming its defence commitments to Gulf partners.
The US military has conducted a seventh night of strikes on Iran, aiming to degrade Iranian military capabilities, while Iran's Revolutionary Guards claim to have hit US facilities across the Gulf. The conflict has disrupted shipping in the Strait of Hormuz, with both sides exchanging accusations and denials.
Reports say Trump Media and Technology Group is considering charging for early access to Truth Social posts, including possibly the president's own, a move critics call an ethics breach. The company is also reportedly planning a high-speed feed for traders, though pricing details remain unclear.
The United States and Iran have expanded their conflict by striking infrastructure targets, with US forces hitting bridges in Iran and Tehran responding by attacking a power and desalination plant in Kuwait. At sea, US Marines boarded a tanker near the Strait of Hormuz, two oil tankers exploded after passing through a mined route, and armed men seized a vessel off Yemen. Iran's Revolutionary Guards warned that no oil or gas could be exported from the region until US aggression ends.
Iraq has signed dozens of agreements with American companies during a visit by Prime Minister Ali al-Zaidi, including a deal to revive the Kirkuk-Baniyas crude oil pipeline. The move aims to reduce dependence on the Strait of Hormuz, which has seen disruptions due to the US-Israeli war against Iran. The US State Department has welcomed the plan, expecting American companies to play a key role.
Iran's Islamic Revolutionary Guard Corps says two oil tankers struck mines and caught fire in the Strait of Hormuz, a claim the US military disputes. The incident is the latest in a series of confrontations over control of the vital waterway, with Iran warning ships to avoid routes it deems unsafe.
Rahm Emanuel's speech at Tel Aviv University, where he warned Israel about losing international legitimacy, has ignited a debate within the Jerusalem Post over the Democratic Party's shifting stance. Commentators offer divergent views on the influence of the Progressive faction and the impact of recent political events.
Armed assailants boarded the chemical tanker Asana off the coast of Yemen, with maritime security sources linking the incident to Somali piracy. The seizure, about 26 nautical miles off Hadramawt province, comes amid a resurgence of piracy in the Gulf of Aden.
US forces have carried out a seventh consecutive night of strikes on Iran, targeting infrastructure and military sites, while Iran retaliates with drones and missiles against US-allied Gulf states. The conflict, triggered by US President Donald Trump's declaration that the peace deal is over, has caused a humanitarian crisis, with a desalination plant hit leaving 10,000 people without water.
The United States has carried out a seventh consecutive night of strikes against Iran, with US Central Command saying the attacks aim to degrade Iranian military capabilities. Reports also indicate the deployment of a B-1 long-range bomber, and US officials and regional allies have expressed concerns about further escalation.
Iran has attacked a Thai-flagged vessel attempting to pass through the Strait of Hormuz without permission, according to Iranian news agencies cited by TASS. The incident is part of a broader escalation between the US and Iran following US airstrikes on July 8.
As the Strait of Hormuz remains closed amid renewed US-Iran hostilities, Gulf states and global markets are accelerating efforts to bypass the critical waterway. New pipelines, including a proposed link through Israel, and expansions of existing routes are being considered to reduce dependence on the strait, though analysts caution about the long-term viability of these alternatives.
Iran has accused the United States of bombing civilian infrastructure in its latest wave of airstrikes, with bridges, a train station, and an airport among the reported targets. The strikes follow President Trump's threat to hit infrastructure to pressure Tehran over the Strait of Hormuz, and Iran has responded with missile attacks on US-allied nations.
Iran's Revolutionary Guards claimed a retaliatory strike on a US special operations command center at al-Tanf in Syria, citing the killing of Iranian soldiers. The US military said it had withdrawn from the base in February, denied any troop casualties, and a Syrian military source said no attack occurred.
Fighting between the US and Iran has intensified, disrupting oil and gas flows through the Strait of Hormuz. Analysts say Iran retains the ability to control the strait, prompting Gulf exporters to rely on alternative pipeline routes that bypass the waterway.