Iranian news agency tied to IRGC; often described as semi-official and influential in shaping official narrative.
Talks between Iran and the U.S. at the U.N. General Assembly have yielded little progress, and Iran has warned the conflict could escalate after the Nov. 3 vote. President Donald Trump has rejected Iran’s ceasefire proposal, pushing Brent above $107 and sending U.S. Treasury yields to multi‑year highs as markets price sustained energy-driven inflation.
Iran is coordinating a multi-city funeral for Ayatollah Ali Khamenei, with Mojtaba Khamenei absent from public view. State media show three sons near the coffins as crowds gather, while officials plan mass processions to Qom, Najaf, Karbala and Mashhad amid a fragile ceasefire and renewed tensions with the US and Israel.
The United States has escalated strikes against Iran, while Iran and its IRGC retaliate with missiles and drones targeting Gulf bases and shipping. The renewed hostilities threaten global energy flows as both sides threaten further action and diplomatic talks remain fragile. The Strait of Hormuz remains central to the crisis.
Iran has continued attacks on US bases across the Gulf region, targeting Jordan, Kuwait, Bahrain, Qatar and Oman with missiles and drones. US-led airstrikes have responded with approximately 90 targets hit in Iran as the Strait of Hormuz remains a focal point of the conflict. Regional leaders urge restraint while diplomacy is pursued.
The US has completed a two-hour "heavy wave" of strikes across Iran, hitting Revolutionary Guard command centres, missile and drone facilities and coastal surveillance sites after Tehran fired ballistic missiles at US forces. Iran has launched retaliatory drone and missile strikes on US assets and allied facilities in the region; Jordan reported intercepting missiles with no casualties.
Global stocks have rallied this month after officials reported progress in talks to reopen the Strait of Hormuz, and a string of strong corporate earnings has bolstered investor sentiment. Treasuries and oil prices have fallen as traders pare back expectations for near-term Fed hikes; strategists warn valuations and one-off earnings boosts limit further upside.
Shipping through the Strait of Hormuz has ground toward a halt this weekend as a 60‑day ceasefire between the U.S. and Iran has reached its expiry and negotiations remain stalled. Kpler data shows single‑digit daily transits; Iran has repeated demands that the U.S. lift its naval blockade, remove sanctions and pay reparations, while the U.S. says it can maintain the blockade indefinitely and is planning further economic pressure.
Iran, Oman, and the United States are negotiating a framework to reopen the Strait of Hormuz without tolls while broader nuclear talks resume. Washington has suggested the risk of renewed strikes is being met with renewed diplomacy, and regional states are urging restraint as attacks in the Gulf intensify.
Iran has said three of its pilots were captured by Qatari forces after Su-24 jets crashed during an operation over Qatar in March. Qatar has denied detaining surviving aircrew, saying its search teams recovered one body and invited Iran to review the rescue operation; Tehran says Doha has not responded to its request to allow an Iranian investigation.
President Trump has announced what he called the "most crushing economic operation ever" against Iran and warned any country that provides a lifeline to Tehran will face "tremendous economic consequences." Treasury officials have signalled stepped‑up secondary sanctions while Tehran has rejected the move; oil prices and US equities have reacted this week.
The United States has announced a new wave of sanctions aimed at Iran’s economy, describing them as the most severe financial measures yet. Tehran warns of retaliatory moves, and markets react as the rial hits record lows amid heightened tensions. Officials from both sides signal a broad confrontation that could redraw energy routes and international trade.
The United States has warned of an unprecedented financial offensive against Iran, with Treasury officials and the president signaling tighter enforcement of sanctions. Tehran has warned of an "earthquake-like" retaliation and warned Gulf states against joining. Oil markets are watching, as prices fluctuate amid the standoff.
Iran, under pressure from renewed sanctions and a collapsed June MoU, is pursuing diplomacy to restore shipping through the Strait of Hormuz. Tehran says the strait will not reopen until US commitments are met, while mediators in Doha, Doha, and Muscat coordinate talks with Qatar, Oman and Pakistan to de‑escalate and resume dialogue.
US forces have carried out strikes on Iranian rocket launchers on Larak Island after they detected efforts to deploy rockets with naval mines into the Strait of Hormuz. Iran has launched missile and drone attacks at US bases in Jordan and the UAE in response. Both sides are signalling readiness to hit back again while diplomatic and economic pressure continues.
Brent crude has climbed toward $97 a barrel after renewed exchanges of strikes between the United States and Iran over the past week. US strikes have hit sites along Iran's southern coast while Iran has attacked US-linked vessels and bases in the region; shipping through the Strait of Hormuz remains constrained and US pump and diesel prices have risen.
Iran and the United States have intensified hostilities. US strikes on Iran’s southern coast target military assets while Iranian forces respond with missiles at bases in Jordan, Bahrain and elsewhere. A wedding party in Kuhestak has been hit, killing several civilians and injuring dozens, including children. Both sides warn of further actions as tensions flare around the Strait of Hormuz.
Oil prices hover near $100 per barrel as Saudi Arabia, Iran and Yemen-linked attacks fuel supply concerns. Jurisdictional diplomacy is ongoing with talks at the UN and US-Chinese discussions shaping the market outlook. Analysts say supply routes remain vulnerable while diplomatic efforts seek de-escalation.