Iran issued dramatic new demands around the reopening of the Strait of Hormuz, and the United Arab Emirates said one of its ships was targeted by an Iranian missile. Yemen’s military attacked the country’s Iranian-backed Houthi rebels. And Turkey’s Kurdish peace bill won approval in parliament.

The Iran war has depleted U.S. weapons stockpiles, resulting in a significant erosion of firepower. A more drawn-out Iran conflict benefits Moscow and Beijing, some analysts say.

Iran is betting that military pressure will ultimately force the United States to accept Tehran's control over the Strait of Hormuz — and that time is on its side. But its strategy carries risks.

The Middle East war is widening as Yemen’s Iran-backed Houthi rebels launch a spate of attacks on United States’ allies and close yet another key shipping waterway.

The vice president appeared on Saturday on Fox News to provide an update on the ongoing war in Iran.

The directive to industry from Deputy Defense Secretary Steve Feinberg comes amid tensions over a critical U.S. munitions shortage.

Strong earnings have created extra “diversification interest” in European stocks in recent weeks, according to Zavolock. A brutal sell-off in global semiconductor stocks in July had prompted a renewed interest in regions such as Europe, investors said, where returns are less tied to volatile technology and AI stocks.

In talks on the Strait of Hormuz, Tehran has vowed to block U.S. Navy ships from using the waterway.