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Saudi Arabia, Turkey, and Pakistan have signed a trilateral defense agreement in Mecca, pledging collective deterrence against aggression. The pact, which some compare to NATO's Article 5, comes amid regional tensions and questions over US security commitments.
The Trump administration is escalating economic pressure on Iran with new sanctions and a naval blockade, announcing what President Trump called an 'economic D-Day.' Iran has threatened retaliation, and the UAE has suspended trade with Tehran, severing a key economic lifeline.
President Donald Trump announced what he called the most crushing economic operation ever against Iran, threatening consequences for any country providing a financial lifeline as talks remain stalled. Iranian officials blamed external pressure for domestic difficulties while reports detailed soaring food inflation and currency collapse. Analysts pointed to both sanctions and long-term regime spending priorities as drivers of the crisis.
Israeli Prime Minister Benjamin Netanyahu has rejected a US-backed 15-point peace plan for Gaza, marking a rare public break with President Donald Trump. Meanwhile, Iran has issued tough new demands for reopening the Strait of Hormuz, and the conflict has stranded thousands of seafarers.
The United States and Iran are approaching a decisive phase in negotiations over the Strait of Hormuz, with Tehran saying a framework for an agreement with Oman has been drafted. US Vice President JD Vance confirmed recent progress, while a regional official put the odds of a final deal at 50%. Military options, including strikes on Iranian nuclear sites, remain under discussion.
Iran announced that a deal with Oman to reopen the Strait of Hormuz is in its final stages, but reiterated that the strait will only reopen once the US meets certain conditions. The agreement would define new shipping lanes, with reports suggesting Iran would control inbound traffic. Pakistan expressed hope the deal could lead to resumption of US-Iran talks.
Israel's military says it controls up to 70% of Gaza, but a policy shift toward restraint and airstrikes, coupled with international pressure, may allow Hamas to rebuild, according to a Jerusalem Post analysis.
Hamas reaffirms readiness to implement the next phase of the US-backed Gaza peace plan, while Israel insists it has not agreed to the latest part. The plan includes disarmament, a Palestinian governing committee, and a phased Israeli withdrawal.
The UAE condemned an attack on an ADNOC tanker in the Strait of Hormuz, while ADNOC reported that 15 of its vessels have been struck since the conflict began. Iran's foreign minister said talks with Oman are nearing completion, but stressed that reopening the strait is not imminent.
Yemen's Houthi group launched drones and ballistic missiles at Saudi-led coalition and government military sites in Marib and Hadramout, killing at least 30 soldiers. The attacks mark a significant escalation in the long-running conflict, with analysts warning of an imminent ground war.
A 2016 government audit alleged that the Korea Football Association used corporate credit cards to pay for sexual entertainment for foreign referees during international matches in 2011-2012, including Olympic and World Cup qualifiers. The allegations emerged as police raided the KFA's headquarters over a separate coaching appointment probe. The KFA said it has since tightened its internal guidelines.
At least two US military tanker aircraft were seen over the Persian Gulf during a reported IRGC operation near the Strait of Hormuz, according to TASS. The aircraft, identified as Boeing KC-135R Stratotankers, were flying over international waters as regional tensions persist.
Foreign ministers of Pakistan, Egypt, Turkiye, Indonesia, Jordan, Qatar, Saudi Arabia, and the UAE issued a joint statement condemning Israeli actions in Gaza as a clear breach of international law, urging the international community to compel Israel to comply with its obligations.
Foreign ministers from eight Arab and Muslim countries issued a joint statement strongly condemning Israeli actions in Gaza, particularly the targeting of hospitals and medical personnel. The statement, published by Qatar's Foreign Ministry, calls the strikes a grave breach of international humanitarian law and a violation of the ceasefire framework.
Saudi Arabia has appointed Rear Admiral Abdullah bin Salem Al-Shehri to command a 14-nation maritime defence coalition aimed at protecting navigation through the Bab al-Mandeb Strait, the Red Sea, and the Gulf of Aden. The coalition, formed on July 30, will hold a planning meeting in August.
Russia’s Eastern Economic Forum, scheduled for September 1-4 in Vladivostok, is set to feature 380 agreements worth 6.5 trillion rubles, according to Deputy Prime Minister Yury Trutnev. The event’s business program will include over 70 sessions across five thematic blocks, focusing on regional development, investment, and international cooperation.
Iran and Oman are reportedly on the verge of an agreement to reopen the Strait of Hormuz, a move that could restore the US-Iran ceasefire and ease global energy market disruptions. Al Jazeera reports that while the US insists on unrestricted navigation without tolls, Iran has signalled it may introduce a fee system for ships.
Russian Deputy Prime Minister Marat Khusnullin has proposed creating a railway route to the Indian Ocean, citing risks to shipping through the Bosphorus and Strait of Hormuz. The proposal, first reported by TASS, includes possible routes through Turkmenistan, Iran, Afghanistan, and Pakistan. Analysts note the rail link could offer Moscow an alternative trade corridor to India and the Global South amid sanctions.
Iran announced an agreement with Oman on shipping routes through the Strait of Hormuz, with final arrangements still being drafted. The deal, reported by Iranian state media and international outlets, comes amid a US naval blockade and heightened tensions.
Iraq's public employees face delayed July salaries as the country's oil exports plummet due to the closure of the Strait of Hormuz. With oil accounting for 90% of government revenue, Baghdad struggles to fund its $6.5 billion monthly wage bill, while officials warn of continued payment disruptions.