Summary
President Trump threatens a 'beating' against Iran after missiles were launched at a U.S. base in Jordan. Renewed U.S.-Saudi strikes on Iran-backed militias in Iraq and Houthi Red Sea disruptions are driving oil prices higher and escalating fears of a wider Middle East conflict, while diplomatic efforts over the Strait of Hormuz stall.
- Trump vows harsh retaliation after intercepted missile attack on U.S. base in Jordan.
- U.S. and Saudi Arabia hit Iran-backed militias in Iraq, escalating tensions.
- Renewed fighting pushes oil prices higher amid fears of spreading conflict.
- Houthis reportedly consider imposing transit fees on ships in the Red Sea.
- Iran rejects Oman's proposal for joint control of the Strait of Hormuz.
- Diplomatic talks face setbacks as Iran insists on sole control over Strait passage.