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The US has launched a 13th consecutive night of strikes on Iran, according to US Central Command, as President Donald Trump says he will use frozen Iranian assets to pay for any damage to ships in the Strait of Hormuz. Iranian officials have condemned the move, warning of an 'incendiary precedent.'
Seoul stocks opened sharply lower on Friday as investors cashed in gains amid escalating U.S.-Iran tensions, with the KOSPI falling up to 4.87 percent. The decline continued into Monday as profit-taking followed a record surge, despite strong Amazon earnings and easing Middle East tensions.
The US has launched a 13th consecutive night of strikes against Iran, targeting military command centers and maritime capabilities. Iranian state media report explosions across the country, while Tehran warns regional states against supporting Washington. Nearly 100 US service members have been injured in Iranian retaliatory attacks.
Iran has rejected a US ceasefire proposal delivered by Iraqi Prime Minister Ali al-Zaidi, according to reports, but Iraq's government denies the claims. Iranian officials said the proposal failed to address control of the Strait of Hormuz. The developments come amid heightened tensions and threats of a massive US attack.
Kuwaiti air defenses intercepted hostile drone threats, with reports of sirens and explosions near the Iraq border. An Iranian-affiliated news agency claimed attacks on a US base, but details remain unverified.
Multiple explosions were heard in several Iranian cities and on Qeshm Island, with reports attributing the blasts to US strikes. The Jerusalem Post and TASS — English report different locations and details, including claims of intercepted missiles and specific village impacts.
US President Donald Trump has said Iran is not yet ready for an agreement with Washington and that the United States must continue combat operations against Tehran. Trump also said he avoids setting deadlines for strikes, while Pentagon chief Pete Hegseth said the military remains prepared for strikes at levels unseen since World War II.
Israeli Defense Minister Israel Katz and Prime Minister Benjamin Netanyahu have issued stark warnings to Iran, saying any attack on Israel would trigger a powerful military response. The statements follow a security assessment and come amid ongoing tensions, with reports of possible US strikes on Iran.
Iranian authorities have executed at least three individuals this week in connection with nationwide protests in January, with courts also handing down additional death sentences. The actions have drawn scrutiny from human rights groups, while officials describe the unrest as a foreign-orchestrated coup.
Iraqi Prime Minister Ali al-Zaidi arrived in Tehran on July 23 and met with President Masoud Pezeshkian, focusing on bilateral cooperation, regional security, and the signing of agreements. The visit follows his recent trip to Washington, highlighting Iraq's balancing act between the US and Iran.
US President Donald Trump has warned that Iran and Yemen's Houthi rebels will face 'major military punishment' if the Houthis attack ships again. The warning follows Houthi strikes on two Saudi oil tankers and the group's announcement of a naval blockade on Saudi Arabia. The European Union has also condemned the attacks and called for an end to actions endangering international shipping.
The US has carried out consecutive nights of strikes against Iran, while Iran has retaliated against US assets and allies in the Gulf, including UAE-flagged oil tankers. Explosions have been reported across Iranian provinces, and oil prices have risen sharply.
The United States Central Command has rejected Iran's assertion that it controls the Strait of Hormuz, insisting that the waterway remains open for transit. Tensions have escalated with Iran's Gulf neighbors attacked and the strait's closure announced, while the US military says it has helped hundreds of ships transit since May.
US President Donald Trump is reportedly considering expanding military operations against Iran, with options including intensified bombing, seizing Strait of Hormuz islands, and striking energy facilities. US and Israeli officials suggest an expansion could occur within days as the US bolsters forces in the Middle East.
Yemen's Houthis claimed missile and drone attacks on two Saudi oil tankers in the Red Sea, part of a naval blockade on Saudi Arabia. US forces launched a 12th consecutive night of strikes on Iran, while diplomatic efforts, including a US-Saudi nuclear agreement, proceed amid global oil supply concerns.
The United States and Saudi Arabia have signed a civilian nuclear cooperation deal, including two agreements on peaceful nuclear cooperation and bilateral safeguards, with the deal to be submitted to Congress for review. Concerns persist over a possible uranium enrichment facility and the potential for a regional arms race. President Trump has stated the deal is contingent on Saudi Arabia recognizing Israel.
A meeting between US Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov is scheduled for July 23 on the sidelines of ASEAN events in Manila. Lavrov has indicated he will seek clarifications on US President Donald Trump's statements about a quick resolution to the conflict in Ukraine, among other topics.
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.
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.