Trump claims U.S.-Iran peace draft ready for signing, Tehran denies it
New: Trump cancels a planned bombing of Iran, while Iran's state media says Washington is backing away to old demands.
New: Trump cancels a planned bombing of Iran, while Iran's state media says Washington is backing away to old demands.
Israel still refuses to stop strikes in Lebanon, while Iran leaves open the possibility of continued talks with the U.S.
Teheran said the attack was retaliation for Israeli strikes in Lebanon and warned of broader escalation if attacks are repeated.
Why it matters: A renewed threat on the Red Sea route could deepen shipping and energy disruption as the Strait of Hormuz remains shut.
The retaliatory strike came a day after Iran fired missiles at Israel, raising the risk of wider regional escalation.
No deaths were reported from the Yemen-launched missile, but Houthi also imposed a full ban on Israeli shipping in the Red Sea.