
US-Iran war Highlights: Foreign Minister Abbas Araghchi said on Friday that Iran would hold accountable any country assisting the United States in an attack on the Islamic Republic. "Any participation, cooperation or assistance in committing aggression against Iran will create international responsibility for the relevant parties," Araghchi said at a meeting in Kyrgyzstan.
Trump says frozen Iranian funds to be used in paying for damage to ships
US President Donald Trump on Thursday (local time) said that damage to ships and cargo would be paid for using frozen Iranian funds after new strikes by Houthi rebels in Yemen further strained global energy flows. In a social media post, he said, "From this point forth, any and all damages done to Ships, Cargo, or anything related thereto will be paid for by Iranian Money that the United States has in its possession and controls.” He added, "These damages may be very substantial, but this is the fair and equitable thing to do." In the last few days, the US President has been escalating threats against Iran after the two sides have clashed numerous times over the past two weeks. However, the conflict has been further escalated after the Iran-backed Houthis struck two Saudi Arabian oil tankers in the Red Sea.
US forces resume strikes against Iran
On Thursday (local time), the US Central Command announced that it resumed strikes against Iranian military targets. This marks the 13th consecutive night of strikes by Washington against Tehran. In a post on X, Central Command (CENTCOM) wrote that the strikes come to "diminish threats" from the Islamic Revolutionary Guard Corps (IRGC) to commercial shipping. The post further said, "U.S. forces started another night of strikes against Iranian military targets at 6:45 p.m. ET today. This is the 13th consecutive night of strikes aimed at holding Iran accountable and diminishing threats from the Islamic Revolutionary Guard Corps to commercial shipping."
Brent soars past $100 as Middle East supply risks mount
Brent crude traded above $100 a barrel after Houthi attacks on tankers in the Red Sea opened a new front in the Middle East conflict, while Trump threatened to extend US strikes on Iran. The global benchmark soared past triple digits on Thursday for the first time in two months, with futures up roughly 14 per cent this week. West Texas Intermediate traded near $92. Trump threatened “major military punishment” for both Iran and the Houthis in the event of further attacks on vessels in the Red Sea, and told Axios he is considering a 'massive attack' on the Islamic Republic.
US House rebukes Trump over Iran war, votes again to end conflict
The US House of Representatives called on the US President to halt the war in Iran for the second time as a handful of Republicans crossed their own leadership to support the measure. The resolution passed Thursday on a 214-to-208 vote with four Republicans in support. The House in June approved a similar resolution with the backing of the same four GOP defectors, Thomas Massie, Warren Davidson, Brian Fitzpatrick and Tom Barrett.
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Iran's military said on Friday that it carried out attacks targeting US military assets in Bahrain, Jordan and Kuwait in retaliation for Washington's latest strikes on the Islamic Republic, according to an AFP report.
Iran's Revolutionary Guards, meanwhile, said they had targeted a data centre in Bahrain belonging to Amazon, according to state media, though neither the US tech giant nor Bahrain have commented on the claim.
There was also no confirmation from the US of any targeting of its facilities or personnel.
The European Union has agreed to a US request to delay broadcasting its Copernicus satellite images over the Gulf by 24 hours, according to a decision published in its official journal.
The agreement comes as the United States has resumed its attacks on Iran since July 7, throwing the region back into chaos as Tehran and Washington battle for control of the Strait of Hormuz.
The US and Iran exchanged limited strikes as the latest round of hostilities passed the two-week mark, after Trump warned of a potential “massive attack” to try and force through a peace deal.
Pakistan is exploring a path towards a resumption of stalled US-Iran talks over ending their nearly five-month-old war, three Pakistani sources said, following a push initiated by China.
Exploratory discussions took place during a visit by Iran's Interior Minister Eskandar Momeni to Islamabad this week — his second within the last 10 days, Reuters said, citing sources.
China’s Ministry of Foreign Affairs said it “opposes all forms of unilateral tariffs” in response to the new 12.5% tariffs, reiterating a longstanding statement by Beijing.
“Tariff wars and trade wars do not serve any parties’ interests,” ministry spokesperson Lin Jian told a regular news conference.
Israeli Prime Minister Benjamin Netanyahu will travel to Washington on Monday and will meet with US President Donald Trump on Tuesday, according to a statement from Netanyahu's office.
The United States on Friday announced further sanctions against nine firms and four individuals associated with sanctioned Iranian financier Babak Zanjani for their efforts to evade U.S. sanctions.
The European Union has imposed new restrictive measures on Iranian judges over alleged human rights violations, EU's top diplomat Kaja Kallas said on Friday, adding that a leading figure of a cyber group who she said enabled the regime's repression of information has also been sanctioned.
"As Tehran intensifies its domestic crackdown, the EU will continue to hold those responsible to account," Kallas said in a statement on social media platform X.
Trump’s latest set of tariff hikes drew objections Friday from America’s trading partners including China and Japan, with Australia’s trade minister slamming them as “completely unjustified.”
The administration announced extra tariffs of 10% to 12.5% on 60 economies late Thursday, saying the countries had failed to adequately enforce a ban on goods made with forced labour.
Gold prices dropped by ₹2,000 to ₹1.47 lakh per 10 grams in Delhi on Friday due to profit-taking by traders.
The precious metal of 99.9 per cent purity depreciated by ₹2,000 to ₹1,47,200 per 10 grams (inclusive of all taxes), marking its second straight day of losses. Gold traded at ₹1,49,200 per 10 grams on Thursday, according to local traders.
US missiles struck targets across Iran, reaching as far as its Caspian coast, on Friday after Trump vowed "major military punishment" for Tehran and its Houthi allies in Yemen for extending the Middle East war to a second major shipping chokepoint, the mouth of the Red Sea.
Brent crude retreated after hitting $100 a barrel in the previous session on concern over widening risks to Middle East supplies, as US President Donald Trump’s revived trade tariffs posed economic headwinds.
UN rights chief Volker Turk has urged countries involved in the US-Iran war to help evacuate and repatriate some 6,000 sailors stranded in the Strait of Hormuz.
Britain said its armed forces were ready to protect the country from any attack after Iran's Revolutionary Guards (IRGC) issued a warning not to allow U.S. bombers to fly from UK bases.
In a statement on Thursday, the IRGC said the US had flown bombing missions against Iran from Fairford in southwest England, adding that any base used to launch such attacks would be a legitimate target.
US President Donald Trump said he’s considering a “massive attack” on Iran to push the nation to negotiate a peace deal, raising the prospect of even higher energy prices that have already rattled economies.
Trump told Axios in an interview that he was “close to making a decision” on attacks that would be “bigger than ever before.” Iran isn’t ready to make a deal and “they haven’t received enough pain yet,” Trump was reported as saying.
Recent US military strikes on Iran have killed at least 55 people and wounded 645 others, a spokesperson for Iran’s Ministry of Health told Iranian media.
Iran's Revolutionary Guards warned civilians in the Middle East on Friday to stay away from US forces, state media reported.
"We warn the general public in countries where American soldiers are stationed to immediately stay out of a radius of 500 metres from the places where American soldiers are hiding, in order to be safe," the Guards said in a statement carried by state TV.
The US House called on President Donald Trump to halt the war on Iran for the second time as a handful of Republicans crossed their own leadership to support the measure.
A series of explosions sounded near a military base hosting U.S. forces in northern Iraq and sirens rang out in Bahrain on Friday, hours after the American military said it finished its 13th night of strikes against Iran.
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