Strategic Distance
The renewed war between the United States and Iran has again placed American and Israeli military interests on apparently common ground.
The renewed war between the United States and Iran has again placed American and Israeli military interests on apparently common ground.
Fresh statements from Tehran and Washington point to deepening confrontation, with both sides hardening their public positions even as the US says it remains open to diplomacy.
The Pentagon told lawmakers the conflict has already cost $37.5 billion and warned of readiness shortfalls without additional funding, while also alleging Russia and China are enabling Iran's military operations.
Explosions were reported across southern and central Iran after the US announced a new military offensive, while Kuwait activated air defences and regional tensions continued to spread.
Iran's Revolutionary Guard claimed it received intelligence from individuals in Jordan to strike US military targets, as Washington continued air strikes and regional tensions spread across the Gulf.
The latest warning from Trump comes hours after Iran announced closure of the Strait of Hormuz in response to US strikes.
Fresh security alerts across Jordan and Bahrain signal the growing regional impact of the ongoing US-Iran confrontation, with both countries responding to military threats.
Iran's Revolutionary Guards claimed attacks on military facilities across the Gulf, including bases in Jordan and Bahrain, as tensions with the United States entered a dangerous new phase.
Explosions were reported across southern Iran after US forces launched military action, while Tehran warned foreign militaries to leave the Persian Gulf region.
Fitch Ratings has lowered India's GDP growth projection for the current fiscal year to 6.4 per cent from the earlier estimate of 6.7 per cent. It said the US-Iran war will slow the economy in the September and December quarters.
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