US President Donald Trump has sought to reassure Israel that it should not be concerned about a possible resumption of direct hostilities with Iran, saying Washington would take responsibility for dealing with the situation. Trump reportedly said Israel had no reason to worry about renewed fighting because, as US president, he would "take care of it."
US President Donald Trump has said he does not expect the latest round of fighting with Iran to continue for an extended period, as military tensions between Washington and Tehran intensify. Speaking on Wednesday, Trump sought to project confidence that the renewed hostilities would be relatively short-lived.
Chinese President Xi Jinping has urged Middle Eastern countries to take greater control of their own security affairs and resist outside interference, as Beijing seeks to deepen its influence across the region.
US oil giant Chevron plans to invest more than $7 billion in Venezuela over the next five years, aiming to double its oil production in the country to around 600,000 barrels per day as Washington pushes to expand access to Venezuelan crude. Chevron said on Wednesday that it had secured additional acreage in the country’s prolific Orinoco Belt.
The International Atomic Energy Agency (IAEA) says it has made no progress in verifying the status and location of Iran's stockpile of highly enriched uranium, raising renewed concerns over the country's nuclear programme.
The Iranian rial has fallen to a new record low against major international currencies, as intensifying US economic pressure adds to concerns over the country's financial stability. The euro climbed above 2.55 million rials on September 2 for the first time, according to websites monitoring Iran's currency markets.
US Treasury Secretary Scott Bessent has warned governments and companies against maintaining economic ties with Iran, saying Washington could impose further sanctions on airlines, shipping companies and digital-asset businesses that support Tehran.
US Secretary of State Marco Rubio has warned Iran that Washington is prepared to launch further military strikes if necessary, as fighting intensifies and tensions grow around the strategically important Strait of Hormuz. Rubio said preventing Iran from developing a nuclear weapon remained the central objective of the United States after six months of conflict.
Iran's Islamic Revolutionary Guard Corps (IRGC) says two vessels caught fire after striking mines in the Strait of Hormuz, as tensions across the Middle East intensify following renewed fighting between the United States and Iran. The latest incident comes as the region remains on high alert after the US military launched a fresh wave of attacks.
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