In Brief…
- Iran is collapsing financially and losing about $500 million a day, US President Donald Trump said on Tuesday after extending the ceasefire with Iran following Pakistan’s request.
- A container ship was fired on by an IRGC gunboat northeast of Oman, causing heavy damage to the vessel’s bridge, the UK Maritime Trade Operations agency said on Wednesday.
- The United States suspended dollar shipments to Iraq and froze some security cooperation with its military to increase pressure on Baghdad to curb Iran-backed militias, the Wall Street Journal reported, citing US and Iraqi officials.
This is a developing story that HO1 will continue to monitor.
Check back for updates.
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