US Iran Strikes: Larak Attack Sparks Iran Retaliation

WASHINGTON — US forces have struck two Iranian launchers on Larak island in the Strait of Hormuz, according to a US official, after Iranian Revolutionary Guard forces were reportedly observed preparing to launch rockets carrying sea mines into the strategic waterway. Iran subsequently launched ballistic missiles at US-operated facilities in Jordan.

IMF Warns Fiscal Strain Could Test Global Economy

WASHINGTON, US — The global economy has shown greater resilience than expected despite the energy shock linked to the Iran war and the closure of the Strait of Hormuz, IMF Managing Director Kristalina Georgieva said ahead of next week’s G20 finance leaders’ meeting.

US Iran Sanctions: Tehran Threatens Oil Exports

CAIRO/WASHINGTON, United States — Washington is set to unveil tougher economic measures against Iran on Monday, with U.S. Treasury Secretary Scott Bessent describing the planned action as the “single greatest financial offensive” ever assembled against an adversary. Iran has responded by threatening to stop oil exports through the Strait of Hormuz and elsewhere in the Persian Gulf.