Iran Retaliates With Drone Attacks
Iran said this in reaction to the United States’ 13th night of assaults against the country. It has used drones to assault US military facilities and infrastructure across the Middle East.
Explosions were recorded in the northern and western areas. Iran’s Central Regions and Gulf Coast. An incident in the southwest killed four people and injured five, according to Iranian state television.
Later, Bahrain and Jordan activated their sirens, Iran threatened to strike US ally Kuwait, and a major airport in Iraq suspended flights following a reported drone mishap.
Iran has blasted the United States’ proposal to utilize blocked Iranian assets to pay for war expenditures, indicating a rise in tensions between the two nations.
“Local media reported explosions along Iran’s Gulf coast” might involve damage to ships. On Thursday, US President Donald Trump stated as much.
Iran’s foreign minister, Abbas Araghchi, retaliated. “The ensuing chaos won’t be calm or pleasant,” he continued.
Trump Ends Iran Ceasefire Agreement
The president and Israeli Prime Minister Benjamin Netanyahu are due to meet at the White House on Tuesday, only a few days away.
Netanyahu is expected to attend Senator Lindsey Graham’s memorial funeral.
an ardent supporter of Israel. On the same day, Trump is scheduled to meet with Ukraine’s president, Volodymyr Zelensky.
In June, the US and Iran signed a 14-point Memorandum of Understanding (MOU) demanding the cessation of military actions.
A vow to halt the fighting within the next sixty days and to reopen the Strait of Hormuz.
However, following US bombings in retaliation to Iranian attacks on ships in the Strait.
Oil Prices Rise Amid Iran Crisis
According to Point 11 of the Memorandum of Understanding, the “United States of America undertakes to make fully available for use the frozen or restricted funds and assets of the Islamic Republic of Iran”.
As the US seeks to recover control of the Strait of Hormuz, there is growing concern about new risks to Red Sea commerce from Iran-backed Houthis in Yemen.
As a result, the price of crude oil has risen to its highest level since May, exceeding $100 (£74.96) per barrel.
