War returns to Iran with Israel, US strikes
Show Summary
  • The US and Israel on Feb 28 launch joint strikes against Iran, with Trump announcing start of “major combat operations”
  • Supreme Leader Ayatollah Ali Khamenei is assassinated in US-Israeli strikes; Mojtaba Khamenei replaces his father as Iran’s new supreme leader
  • Iran, US agreed to a two-week ceasefire on April 8
  • Pakistan hosts the first round of face-to-face talks between the US and Iran in 47 years in April; the talks end without a breakthrough, but also without a breakdown
  • US, Iran hold high-level talks in Switzerland on June 20 after signing preliminary agreement to end the war; hold talks in Doha on July 1, with mediators citing “positive progress”
  • US launches strikes on Iran on July 8 in response to attacks on ships in Hormuz, Tehran retaliates as strait heats up again
Published 07 Aug, 2026 12:43pm

Oil extends gains amid concerns over Iran's terms to reopen Hormuz strait

Oil has extended gains amid further concerns around the opening of the Strait of Hormuz, as Iran, working with Oman, suggested banning vessels deemed hostile from the strait and heavily fining those which violated the proposed rules, Reuters notes.

Brent crude futures were up 85 cents, or 1.03pc, at $83.34 a barrel by 11:34am PKT. US West Texas Intermediate futures rose 52 cents, or 0.67pc, to $77.81.

Oil futures settled up more than $3 a barrel yesterday as an Iranian lawmaker said a parliamentary committee is reviewing a preliminary bill to ban US, Israeli and other vessels deemed hostile from the Strait of Hormuz, and fine violators of the proposed restrictions up to 20pc of cargo value, according to the Fars news agency.

Analysts said the events that have unfolded this week signalled that the hostilities between Iran and the US are not yet over.

Published 07 Aug, 2026 12:26pm

Saudi Arabia expects imminent attacks from Iraqi groups, Houthis: official

Saudi Arabia expects imminent coordinated attacks from the north and south by Iran-aligned Iraqi militias and Yemen’s Houthis, Reuters reports, citing an unnamed senior Saudi official.

The official, speaking on condition of anonymity, said intelligence reports from Saudi Arabia, the United States and other regional countries indicated civilian and economic sites could be targeted, including energy infrastructure, ports and airports.

Saudi Arabia had also observed drones and missiles being moved, suggesting coordinated operations from both directions, the official said.

The official said the reported threats were particularly alarming as Riyadh continued to pursue de-escalation and a negotiated settlement, adding that contacts with all parties, including Iran, and mediation efforts appeared to be moving “in the right direction”.

The official said the planned attacks could be intended to disrupt those diplomatic efforts.

The official said Saudi-US cooperation remained “very high” at all levels, including operationally with US Central Command.

Published 07 Aug, 2026 12:07pm

Trump orders probe into leaks on US munitions stockpile: report

US President Donald Trump has ordered new investigations into the disclosures of the Pentagon’s munitions stockpile, The Wall Street Journal reports, citing administration officials.

Describing the move as an effort to “battle damaging revelations about the Iran war”, WSJ reported that the order came after multiple media reports on depleted munitions levels associated with the war, “despite administration assurances that the US has what it needs to fight Tehran and world powers such as Russia and China”.

“Trump has privately vented to cabinet officials and aides about the reports on munitions levels because he says they would embolden the Iranian regime and weaken the US position in trying to cap Tehran’s nuclear programme,” the WSJ report read.

Published 07 Aug, 2026 11:58am

Israel will 'take all measures necessary to defend its citizens', says minister in response to Turkish FM

Israel’s Foreign Minister Gideon Saar has criticised his Turkish counterpart Hakan Fidan for accusing Israel of “destabilising Syria”, claiming that Türkiye is undermining Israel’s security by establishing military bases in Syria, Al Jazeera reports.

“What Minister Fidan wants is for Israel to stop protecting itself from threats to its security. This will not happen,” he wrote on X.

“Israel will continue to take all measures necessary to defend its citizens against any threat,” the minister said.

Updated 07 Aug, 2026 11:28am

FM Araghchi , Mauritanian counterpart discuss regional developments

Iranian Foreign Minister Abbas Araghchi and his Mauritanian counterpart, Mohamed Salem Ould Merzoug, in a telephone conversation have discussed bilateral relations and the latest regional developments, IRNA reports.

During the phone call, Araghchi briefed his Mauritanian counterpart on Iran’s ongoing diplomatic initiatives to de-escalate regional tensions following recent illegal military actions by the United States and the Israeli regime against Iran.

The two foreign ministers reaffirmed their mutual commitment to enhancing bilateral ties and strengthening cooperation between the two nations within international organisations.

Published 07 Aug, 2026 10:40am

PHOTOS: People inspect site hit by Israeli strikes in southern Lebanon

People and journalists stand at a site hit by Israeli strikes that occurred in the early hours of Thursday, according to Lebanon’s state news agency NNA, in Burj al-Shamali, southern Lebanon, August 6, 2026. —Reuters
People and journalists stand at a site hit by Israeli strikes that occurred in the early hours of Thursday, according to Lebanon’s state news agency NNA, in Burj al-Shamali, southern Lebanon, August 6, 2026. —Reuters
People and journalists stand at a site hit by Israeli strikes that occurred in the early hours of Thursday, according to Lebanon’s state news agency NNA, in Burj al-Shamali, southern Lebanon, August 6, 2026. —Reuters
People and journalists stand at a site hit by Israeli strikes that occurred in the early hours of Thursday, according to Lebanon’s state news agency NNA, in Burj al-Shamali, southern Lebanon, August 6, 2026. —Reuters
People and journalists stand at a site hit by Israeli strikes that occurred in the early hours of Thursday, according to Lebanon’s state news agency NNA, in Burj al-Shamali, southern Lebanon, August 6, 2026. —Reuters
People and journalists stand at a site hit by Israeli strikes that occurred in the early hours of Thursday, according to Lebanon’s state news agency NNA, in Burj al-Shamali, southern Lebanon, August 6, 2026. —Reuters
Published 07 Aug, 2026 10:31am

Vessel traffic through Hormuz dwindles this week as markets watch Iran-Oman talks

Shipping traffic through the Strait of Hormuz has dwindled to 33 vessels from Monday to Thursday this week, data showed, versus 50 in the week-ago period, as markets watched talks between Iran and Oman for signs of progress in reopening the key waterway, Reuters reports.

Four vessels transited the strait a day earlier, including a very large crude carrier, Nissos Kea, carrying about 2 million barrels of Basrah crude loaded in Iraq, Kpler data showed.

Of the rest, two were laden with liquefied petroleum gas, and one was a minor bulk carrier.

Just six crude oil tankers have exited the strait this week, Kpler data showed. A total of 21 vessels have entered it so far, mostly via the Iranian route.

Several Chinese and Indian refiners have sought vessels this week to enter the strait and load crude at Iraq’s Basrah Oil Terminal, attracted by steep discounts, shipping sources said.

However, no vessels have been fixed so far as shipowners are wary of entering the waterway, they said.

Published 07 Aug, 2026 09:19am

Saudi crown prince and France’s Macron discuss regional security in call

Saudi Crown Prince Mohammed bin Salman has discussed the situation in the Middle East and freedom of navigation in the Red Sea with French President Emmanuel Macron during a phone call, Al Jazeera reports, citing the Saudi Press Agency (SPA).

It said that the two leaders discussed joint efforts to enhance stability in the region and achieve security following attacks on Saudi targets by Yemen’s Houthis.

Published 07 Aug, 2026 07:17am

Trump says he thinks war with Iran will end 'pretty soon'

US President Donald Trump told reporters that he believed the war with Iran would be over soon and said the armed forces were experiencing issues with supplies of some weapons, Reuters reports.

“I think it’s going to end pretty soon. I don’t think they can go much longer,” Trump said in the Oval Office in a reference to Iran.

When asked about the status of munitions stockpiles, Trump said the country had an almost unlimited supply of certain weapons but acknowledged inventories of others were limited.

“We have certain types of munitions that are very powerful, that we have unlimited, virtual unlimited supply. We have others where it’s a little bit tighter,” Trump said.

Published 07 Aug, 2026 07:13am

Oil rises on concerns over Strait of Hormuz reopening plans

Oil continued its rise amid further concerns around the opening of the Strait of Hormuz as Iran, working with Oman, suggested banning vessels deemed hostile from the strait and heavily fining those who violated the proposed rules, Reuters reports.

Brent crude futures rose 99 cents, or 1.2 per cent, to $83.48 a barrel by 0010 GMT. US West Texas Intermediate futures rose 85 cents, or 1.1pc, to $78.84.

Published 07 Aug, 2026 07:12am

Houthi missile attacks kill 58 Yemeni govt forces: source

Yemen’s Houthis killed at least 58 government troops in missile and drone attacks, a military source said, in one of the deadliest days of the country’s civil war in four years, AFP reports.

Houthi military spokesman Yahya Saree said the rebels attacked government positions with ballistic missiles and drones in response to an alleged military buildup backed by neighbouring Saudi Arabia.

Published 07 Aug, 2026 12:39am

Israel refuses to withdraw from more south Lebanon areas at talks: source

Israel has refused to withdraw from more areas of south Lebanon unless the Lebanese army has full control of an initial two “pilot zones”, a Lebanese presidential source tells AFP.

The seventh round of negotiations between Lebanon and Israel has been held in Rome under US auspices.

The Lebanese source tells AFP, on condition of anonymity, that the talks had “not yielded definitive results regarding the pilot zones”.

While the outlook from Beirut is dim, a US State Department spokesperson tells AFP that the talks were “productive”.

Published 06 Aug, 2026 11:48pm

Proposed Hormuz passage deal not feasible for shipping industry, sources say

A proposed deal between Iran and Oman that aims to give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to US sanctions and restrictive insurance clauses on any payments, four industry sources tell Reuters.

Control of the strait has been the biggest sticking point in efforts to end the Middle East War.

Under the latest proposal, Tehran will be able to intervene if necessary with any inbound traffic, while outbound traffic would follow a route between Iran and Oman, with exit clearance granted through Oman after notifying Iran, a senior Iranian source has told Reuters this week.

The ability of merchant ships to navigate international waterways “safely, predictably and without unnecessary impediment is fundamental to resilient supply chains, economic stability and energy security,” the world’s leading shipping associations have said in an open letter this week.

Read more here.

(L to R) The Liberia-flagged container vessel MSC Tasman VI, the Singapore-flagged container vessel Wan Hai 353, and other ships are docked along a pier at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in Sharjah Emirate, along the Gulf of Oman on June 19, 2026. — AFP
(L to R) The Liberia-flagged container vessel MSC Tasman VI, the Singapore-flagged container vessel Wan Hai 353, and other ships are docked along a pier at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in Sharjah Emirate, along the Gulf of Oman on June 19, 2026. — AFP
Published 06 Aug, 2026 11:44pm

Theatre diplomacy on loop: Ghalibaf takes aim at US for using 'bullying, broken promises' as leverage in talks

Iranian parliament speaker Mohammad Bagher Ghalibaf has assailed the US for using “bullying, broken promises [and] fake news as leverage” during negotiations.

“‘Massive attack coming … wait, never mind, they want to negotiate,’” he writes on X, in an apparent jibe at Washington’s qattitude throughout the peace process. “That’s theatre diplomacy on loop.”

Calling the US approach a “failed strategy”, he urges Washington to acknowledge facts and fulfil its commitments under the Islamabad Memorandum of Understanding.

“We don’t need more theatre.”

Published 06 Aug, 2026 10:36pm

Iran reviewing Hormuz agreement which may bar ships from ‘hostile’ countries

The Iranian parliament is reviewing the initial text of an agreement governing the Strait of Hormuz banning “vessels from hostile countries” from accessing the waterway, Al Jazeera reports citing state broadcaster IRIB.

The broadcaster adds that countries and individuals that “have caused damage to Iran” will not receive permission to pass until they pay for compensation.

Published 06 Aug, 2026 10:19pm

Trump denies rift with Pentagon chief Hegseth, slams Washington Post report

US President Donald Trump has rejected media reports claiming there is a rift between him and his Secretary of War, Pete Hegseth.

In a post on Truth Social, Trump writes that he is “extremely happy” with Hegseth and that “everything has been extraordinary”.

“Iran, where the country has been decimated for the purpose of not allowing it to ever have a nuclear weapon, is going very well! Pete is highly respected within the military, and has made tremendous improvements, including getting rid of DEI, and increasing recruitment to historic levels,” he adds.

“This rumour was started by The Washington ComPost [sic], one of the worst media outlets in the business, despite our telling them their story is completely false. In actuality, I really believe their fake ‘reporting’ is treasonous!”