Here are some of the most critical developments unfolding in the US-Iran conflict:
Iraqi Kurdistan govt statement: Not a single Iraqi Kurd has crossed the border. This is patently false.
The U.S. Senate rejected a War Powers resolution that sought to force President Trump to end or seek congressional approval for military strikes on Iran, allowing the administration to continue operations without the restriction: CBS
Iran says it hit US warship with missiles 600km away in Northern Indian Ocean using Ghadr 380 Talayieh missiles (1000+ range, can change course mid-flight)
The Marsh Mclennan unit marsh risk met with the trump administration to discuss creating a government-backed insurance mechanism to help ships resume transit through the Strait of Hormuz, as threats from Iran have driven up energy prices and disrupted oil flows: WSJ
Reports: the Houthis in Yemen are planning to attack vital targets inside Saudi Arabia using drones, as they have done in the past, and therefore, according to those sources, security around the king, Salman, and the Saudi crown prince, bin Salman, has been increased.
Kurdish Forces in Iraq have launched a ground military offensive into Iran against Iranian govt: i24News (unconfirmed). Iran state media & various Kurdish sources deny reports.
Netanyahu asked the White House if the Trump administration was secretly talking with Iran about a ceasefire after Israeli intelligence suspected possible communications. The White House denied any talks and said the U.S. had ignored messages sent by Iran through regional intermediaries: Axios
Iran will target Israeli embassies if its embassy is hit: IRNA
Iranian intelligence sends word to US on potential talks to end war, but US officials say no active negotiations: CNN reports
Iran's President Masoud Pezeshkian says no choice but to fight: Dear esteemed leaders of our friendly and neighboring countries, we have strived, with your assistance and through diplomacy, to avoid war. However, the American-Zionist military attack has left us with no choice but to defend ourselves.
Iran begins shift toward governing for a prolonged war:FARS/BBG
Turkey says a ballistic missile fired Iran was destroyed by NATO systems in the eastern Mediterranean Sea. Hegseth dismisses Article 5 concerns.
Allegations that the ballistic missile was launched "at Incirlik Air Base" - which hosts NATO nukes.
US Secretary of State Rubio says well on their way to achieving Iran mission objectives. Did the US just blink here?
Putin notes that oil and gas prices are rising related to Mideast crisis.
Airline Troubles in Region Compound as Flight Cancellations Surpass 20,000
Hegseth floats new timeline up to eight weeks while saying as long as it takes
If US and Israel pursue a ‘regime change’ scenario in practice, final effective missiles will target Dimona nuclear reactor and all regional energy infrastructure, via Iran Nuances citing a Senior Iranian military official
Senior Iranian Cleric Javadi Amoli: shedding the blood of Israelis and Trump is what is required of devout Shi'ite Muslims", state media
Western officials claim Iran could be 'days' from exhausting ballistic missile supply, but Pentagon also concerned about own stockpiles
Israel and Hezbollah are now in a ground war in southern Lebanon.
Update(1310ET): There's been a bit of a back and forth all morning about whether Iran has reached out for potential talks with the US tend the war. Contradictory reporting has claimed there's been some kind of effort behind the scenes, but US officials are making clear that no active negotiations. Given that among the US objectives is full regime change, ending the operation now would be seen as a loss for the US-Israeli side. But Iran is not backing down, having declared via state media it is entering a prolonged war posture, and will govern the country accordingly.
Two major developments impacting markets (also as the question of the Supreme Leader's successor lingers):
- Iran quietly reached out to the CIA a day after the attacks began to discuss ending the conflict, the NYT reported.
- The funeral of its late Supreme Leader Ayatollah Ali Khamenei, which was to begin later today, has been postponed.
- U.S. War Secretary Pete Hegseth says war with Iran could last up to 8 weeks, saying U.S. and Israel expect to achieve “uncontested airspace” over the country “in under a week” and unleash “death and destruction from the sky all day long.”
However, Iran has since denied its intelligence ministry reached out to the CIA for talks, according to semi-official Tasnim.
In Lebanon, a government minister told Al Jazeera that 65,000 people have registered in shelters following intensified Israeli strikes, which has seen the capital of Beirut getting pummeled by Israeli jets once again.
Across the region, escalation continues to spillover. At least ten tankers are reportedly burning in or near the Strait of Hormuz, a kamikaze drone boat strike targeted a Russian shadow-fleet LNG tanker in the Mediterranean, and an Iranian vessel sank off Sri Lanka’s coast in what local officials described as a submarine attack.
Also, the US has closed embassies in three countries, reduced diplomatic staffing across the region, and urged Americans to leave. The UAE announced new emergency air corridors to assist evacuations, and a belated State Dept evacuation of US citizens from the region is currently underway.