Key development: The US and Iran are trading strikes for a third straight day—Iran hit Bahrain and Kuwait, the US bombed Iranian sites near the Strait of Hormuz, and both sides are threatening to walk away from ceasefire talks.

Military Operations

(Update) Iran fired missiles and drones at Bahrain and Kuwait after the US hit Iranian sites for the second day running. This is the first time Iran’s gone after Kuwait since the interim deal, and it’s escalating fast—air defenses lit up across both countries. (Al Jazeera, France 24)

Context: The US launched a second wave of strikes on Iranian targets near the Strait of Hormuz on Saturday. Iran’s Revolutionary Guard responded by attacking US military sites in Bahrain and Kuwait—the first strike on Kuwait since the ceasefire framework was announced. Iran is now threatening to completely halt negotiations if the US keeps up the attacks. This is day three of tit-for-tat strikes that started when a cargo ship was attacked in the Strait.

Sources: Al Jazeera | France 24

(Update) Trump ordered new US strikes after a cargo ship was hit in the Strait of Hormuz. He blamed Iran for the attack, called it a “foolish violation” of the ceasefire, and the military responded by bombing Iranian missile and drone storage sites and coastal radar. (France 24)

Context: A cargo ship was attacked in the Strait of Hormuz, and Trump immediately pinned it on Iran. He ordered retaliatory strikes even as Washington and Tehran are supposed to be negotiating an interim peace deal. About 11,000 crew members are now stuck on ships in the middle of the Strait with both sides giving them conflicting evacuation instructions.

Sources: France 24

Congress just told Trump he needs approval to keep hitting Iran, but he’s bombing them anyway. Legal experts are asking whether he’s violating the War Powers Resolution. (Al Jazeera)

Context: Days after Congress passed a resolution requiring Trump to either get their sign-off or end the Iran war, he launched a second day of strikes. The question now is whether continuing without congressional approval breaks the law—though presidents have a long history of ignoring the War Powers Resolution.

Sources: Al Jazeera

Economy

(Update) Iran’s foreign minister says Iran controls the Strait of Hormuz for the next 30 days and anyone who challenges that will “increase tensions.” He’s warning off a US-led plan to reroute shipping without Iranian oversight. (Al Jazeera, France 24)

Context: Iran just publicly asserted control over the Strait for a 30-day period and told everyone not to interfere. This comes after a US-led maritime body tried expanding shipping routes near Oman without Iran’s blessing. The Strait is the world’s most important oil chokepoint, so this is a direct challenge to American attempts to manage transit independently.

Sources: Al Jazeera | France 24

Diplomacy

(Update) Netanyahu is celebrating the new Lebanon deal as a win, but Hezbollah’s leader just called it “null and void.” That’s not a great sign for an agreement that’s supposed to disarm Hezbollah. (France 24, Euronews)

Context: The US brokered a framework agreement between Israel and Lebanon that was formally signed on Friday. Netanyahu hailed it as a blow to Iran and Hezbollah. But Hezbollah leader Naim Qassem immediately rejected the whole thing, which raises serious questions about whether the deal can actually be implemented when one of the main parties won’t accept it.

Sources: France 24 | Euronews

(Update) Israel’s defense minister told troops to prepare for an “extended stay” in Lebanon. This was the day after the ceasefire framework was announced, and Israel also launched a fresh air strike in southern Lebanon. (France 24)

Context: Israel signed a deal supposedly aimed at easing tensions, then immediately ordered its military to dig in for a long deployment. The defense minister’s instruction to prepare for an extended stay suggests Israel doesn’t expect to pull out anytime soon, and they punctuated that by bombing Nabatiyeh in southern Lebanon on Saturday.

Sources: France 24

Regional Actors

[UNCONFIRMED] A Saudi Aramco helicopter crashed at the Ras Tanura oil terminal and killed all 14 people on board. No word yet on what caused it. (Al Jazeera)

Context: Ras Tanura is one of the world’s largest oil shipping terminals on Saudi Arabia’s east coast. State media confirmed the crash but haven’t released details about the cause or whether it’s related to the wider regional tensions.

Sources: Al Jazeera

What to watch: Whether Iran makes good on its threat to completely halt ceasefire negotiations—Trump’s already said he’ll “annihilate” Iran if things escalate further, so we’re one miscalculation away from this spinning out of control.