Iran said it attacked U.S.-linked bases in Bahrain and Kuwait and hit two vessels in the Strait of Hormuz after renewed U.S. strikes inside Iran. The escalation comes as negotiations remain stalled over sanctions, frozen assets, uranium stockpiles and fighting involving Israel and Hezbollah.
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U.S. inflation rose to 4.2% in May, the highest level in three years, as energy costs tied to the Iran war continued to climb. Core inflation increased 2.9%, while wage growth lagged behind the broader rise in prices.
Israel and Iran exchanged strikes early Monday in the most serious crossfire since an April ceasefire, while Yemen’s Houthis fired toward Israel and renewed threats against Red Sea shipping. U.S. President Donald Trump reportedly urged Benjamin Netanyahu not to retaliate immediately.
Iran warns Israeli attacks in Lebanon and Gaza threaten the US ceasefire, risking the fragile peace agreement amid escalating regional tensions. Tehran has suspended indirect talks and threatened to open new fronts if hostilities continue.
Iran suspends indirect talks with the U.S. amid Israel's intensified Lebanon offensive, as the war that began on March 2 causes thousands of casualties and escalates maritime threats.
President Trump has not yet decided on a potential ceasefire deal with Iran that would reopen the Strait of Hormuz and address nuclear concerns. Negotiations remain ongoing amid conflicting reports from U.S. and Iranian officials.
The U.S. conducted self-defense strikes near the Strait of Hormuz targeting Iranian missile sites and boats amid ongoing peace talks. Despite the strikes, Secretary of State Marco Rubio says a deal with Iran remains possible within days.
President Trump pauses Project Freedom, a U.S. mission to escort ships through the Strait of Hormuz, amid escalating clashes with Iran and ongoing peace talks. Despite recent attacks and counterattacks, officials say the ceasefire remains intact as diplomatic efforts continue.