Key development: Hamas just dissolved the governing body that’s run Gaza since 2007 and is handing day-to-day control to a technocratic committee.

Regional Actors

Hamas dissolved the government that’s run Gaza for nearly two decades. A technocratic committee will take over civilian administration, though analysts question whether it will bring meaningful change to daily life in the enclave. (Al Jazeera, France 24, Euronews)

Context: Hamas has governed Gaza since its fighters took control from rival faction Fatah in 2007. This marks a significant political shift for the Iran-backed group, though questions remain about how much will actually change on the ground. The move opens the door for a Palestinian technocratic committee to handle governance.

Sources: Al Jazeera | France 24 | Euronews

Israel Policy

(Update) Netanyahu claims some Lebanese Christian villages asked Israel to annex them. He says it’s for protection from Hezbollah and reaffirmed Israeli troops aren’t leaving southern Lebanon anytime soon. No independent confirmation of villages requesting annexation. (France 24) [UNCONFIRMED]

Context: This is a significant escalation from earlier discussions about returning territory. Netanyahu made the claim while doubling down on Israel’s indefinite military presence in southern Lebanon.

Sources: France 24

Inside Iran

(Update) Three of Khamenei’s sons showed up at his funeral but the new supreme leader didn’t. Mojtaba Khamenei, who succeeded his father, was notably absent as thousands packed the Grand Mosalla complex in Tehran for a second day of ceremonies. (France 24, Euronews)

Context: Ali Khamenei and four family members were killed in February 28 Israeli airstrikes that relied on US intelligence. The funeral has progressed with Khamenei’s coffin being carried through Tehran’s streets. Mojtaba’s continued absence from public view is raising questions about the new leader’s consolidation of power.

Sources: France 24 | Euronews

Economy

Iranian families are getting crushed by soaring costs as war, sanctions, and subsidy cuts pile on. Basic necessities are out of reach for many, and hopes that foreign intervention would change the regime have given way to just trying to survive. (France 24)

Context: The combined weight of the US-Israel war with Iran, domestic subsidy reforms, and international sanctions is pushing the country deeper into economic crisis. Instead of bringing regime change, the conflict has primarily devastated ordinary Iranians’ livelihoods.

Sources: France 24

(Update) OPEC+ is adding 188,000 barrels per day in August as oil prices drop back to pre-war levels. Seven countries in the alliance agreed to the modest production increase just as crude prices slide. (Euronews)

Context: The decision to increase supply comes at an unusual moment, with oil prices falling back to where they were before the Iran war started. The modest bump—188,000 barrels daily across seven OPEC+ members—suggests the alliance is testing how much more supply the market can absorb without further price erosion.

Sources: Euronews

International

NATO countries are announcing record defense spending to try to calm Trump down as the US plans to pull troops out of Europe. European governments hope billions in new commitments will ease his anger over their refusal to back his Iran war. (Euronews)

Context: With Trump still furious at European allies for not supporting the war with Iran, NATO leaders are hoping massive defense budget increases will smooth things over. The announcements come as the US moves forward with drawing down its military presence in Europe.

Sources: Euronews

What to watch: Whether Mojtaba Khamenei emerges publicly soon and what that signals about his consolidation of power in Tehran.