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Thursday
16
Jul 2026
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US & Iran tear up MoU as hostilities escalate across land, air & sea

Fighting spreads across the Middle East, with the Strait of Hormuz at the center and global shipping under severe pressure

Middle East on the brink of new war as US President threatens sustained bombing campaign, Iran vows to strike US targets

US forces have carried out a fourth straight night of strikes near the Strait of Hormuz as a renewed naval blockade takes hold, while Tehran fires missiles and drones at American allies across the Gulf

UAE condemns Iranian tanker strikes as “clear violation of international law” amid third night of US attacks on Iran

A fire broke out on the two ships but was brought under control - Washington says the strikes are curbing Iran's ability to target "innocent civilians and commercial vessels" in the Strait of Hormuz, after President Donald Trump vowed Tehran would be hit hard

Europe left with under 30 days of jet fuel reserves as Hormuz tensions resurface

Analysts expect fuel tightness to persist through August as renewed strikes near the Strait of Hormuz threaten a fragile Iran ceasefire, leaving Britain, France and Germany most exposed to further disruption

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