US Sends Diplomatic Message via Pakistan to Iran Regarding Strait of Hormuz Amid New Economic Sanctions

The US has announced 'Operation Economic Outcast' to isolate Iran, prompting a response from Pezeshkian, who stated that US 'bullying' will not help as he hosted the Pakistan army chief. Meanwhile, the UN maritime agency has called for action against piracy in the Gulf of Aden, while Iran portrays the latest US sanctions as a sign of military failure.

In the wider region, the Saudi national shipping company reported that a tanker was involved in a 'security incident'. China and Jordan emphasized that any deal should address the 'root causes' of the US-Iran war. Financial markets are also reacting, with Manus on Markets questioning whether US sanctions could shock the system, and reporting that the UAE has halted trade with Iran.

International bodies and leaders continue to address the crisis. The UN chief has called for an end to the standstill in the Strait of Hormuz, and the US has warned allies to back its Iran strategy. Former President Trump stated that Iran is not ready for the 'right' deal. Additional developments include Pope Leo renewing an appeal for Gaza aid and reconstruction, concerns that a South Lebanon ridgeline could be the next flashpoint, and a surge in US missile and air-defence funding requests.