Iran rejects US claim to Hormuz as ship attacks mount600 drones head for Moscow as Russia strikes Kyiv and Kryvyi RihDeath toll passes 50 after magnitude 7.7 quake off FloresIsraeli strikes kill 11 in south Lebanon, deadliest since June truceColombia asks Trump to suspend tariffs as quake toll climbsRhine hits record low at Kaub as Hungary sinks barges to cool reactorUS readies unprecedented economic measures against IranUS boat strikes pass 200 dead as Ecuadorean fishermen describe attacksBond traders struggle to price $70bn of credit backstops behind AI buildoutAlibaba says its open AI models passed three billion downloadsDeath toll rises to 68 after Lake Kariba ferry sinkingTaliban mark five years in power as UN warns of rights crisisEU aircraft join fight against Belgium's record wildfireUS presses Netanyahu over settlers as Qusra homes are occupiedMokha port halts operations as Houthi missiles hit MaribSeoul proposes talks to end the Korean war as North rejects drillsChina-led 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Qatar of holding three of its pilotsXi calls for shift to prevention as floods batter ChinaVenezuela frees 131 more political prisonersMore Syrians in Germany lose refugee protectionAudit finds gaps in Taiwan's counter-drone defencesIndia drafts rules to open nuclear power to private firmsHichilema takes early lead as Zambian count resumesParis prosecutors open investigation into tax portal hackReport details leverage behind Situational Awareness lossesArgentina has lost 30,633 companies under MileiAt least five dead in Indiana floodingIran detains two French diplomats over alleged infiltrationCanadian petition to expel US ambassador passes 170,000 signaturesIndia raises $50bn from its diaspora and ends swap facility earlyOpaque start-ups build erotic AI industry from Cyprus and MaltaBritain's biggest EV battery plant shelves expansion as Jaguar Land Rover talks stallThird drone debris find in a day on Turkish coastsForecasters put 95 percent odds on a very strong El NiñoSecondhand booksellers suspect AI firms behind bulk ordersEtna alert lowered as Catania airport reopensFuneral held for Indigenous girl whose death sparked outback riotsIran rejects US claim to Hormuz as ship attacks mount600 drones head for Moscow as Russia strikes Kyiv and Kryvyi RihDeath toll passes 50 after magnitude 7.7 quake off FloresIsraeli strikes kill 11 in south Lebanon, deadliest since June truceColombia asks Trump to suspend tariffs as quake toll climbsRhine hits record low at Kaub as Hungary sinks barges to cool reactorUS readies unprecedented economic measures against IranUS boat strikes pass 200 dead as Ecuadorean fishermen describe attacksBond traders struggle to price $70bn of credit backstops behind AI buildoutAlibaba says its open AI models passed three billion downloadsDeath toll rises to 68 after Lake Kariba ferry sinkingTaliban mark five years in power as UN warns of rights crisisEU aircraft join fight against Belgium's record wildfireUS presses Netanyahu over settlers as Qusra homes are occupiedMokha port halts operations as Houthi missiles hit MaribSeoul proposes talks to end the Korean war as North rejects drillsChina-led perovskite solar plant outperforms silicon in three-month field testOpenAI revenue run rate passes $40bn as revenue chief departsHamas leader in Cairo as Kushner trip nearsWHO says Congo's Ebola outbreak is outpacing the responseTurkish parliament passes amnesty law for PKK membersMorocco detains scores near Ceuta as feared mass crossing fails to materialiseChina publishes ecology reports to bolster South China Sea claimsMyanmar says more than 300,000 Rohingya verified for repatriationPetrobras detects signs of oil off the mouth of the AmazonChina condemns Japanese politicians' moves at Yasukuni ShrineUS inflation cools as wages again lag behind pricesModi offers free exam coaching after youth protests in IndiaOil from grounded Russian tanker reaches Oman's coastPanama Canal cuts draught again as Mexico pitches rival corridorUkraine's idle ports cost $1.75bn as farm exports fallFormer Chinese premier Zhu Rongji diesAt least 20 killed in communal clashes in central NigeriaIran accuses Qatar of holding three of its pilotsXi calls for shift to prevention as floods batter ChinaVenezuela frees 131 more political prisonersMore Syrians in Germany lose refugee protectionAudit finds gaps in Taiwan's counter-drone defencesIndia drafts rules to open nuclear power to private firmsHichilema takes early lead as Zambian count resumesParis prosecutors open investigation into tax portal hackReport details leverage behind Situational Awareness lossesArgentina has lost 30,633 companies under MileiAt least five dead in Indiana floodingIran detains two French diplomats over alleged infiltrationCanadian petition to expel US ambassador passes 170,000 signaturesIndia raises $50bn from its diaspora and ends swap facility earlyOpaque start-ups build erotic AI industry from Cyprus and MaltaBritain's biggest EV battery plant shelves expansion as Jaguar Land Rover talks stallThird drone debris find in a day on Turkish coastsForecasters put 95 percent odds on a very strong El NiñoSecondhand booksellers suspect AI firms behind bulk ordersEtna alert lowered as Catania airport reopensFuneral held for Indigenous girl whose death sparked outback riots
Bota
Symbolic image: Iran's missile force intact after five months, US munitions stocks reported lowSymbolic image

Iran's missile force intact after five months, US munitions stocks reported low

7 sources

Five months after the United States and Israel began striking Iran, the Financial Times reports that Iran's missile force remains operational and is still hitting targets across the Gulf region. At the same time, the chairman of the US Joint Chiefs of Staff has told President Trump that American munitions stocks make further escalation questionable. President Pezeshkian toured ports, railways and border terminals that US airstrikes damaged, while US public support for the war stays below 40 percent.

What happened

The war began in late February, when US and Israeli forces jointly attacked Iran (FAZ). A memorandum of understanding halted the fighting in June, but US forces launched new waves of strikes in early July, dated to 8 July by TASS and to 7 July by Le Monde, and Trump then declared the ceasefire terminated, Washington citing an Iranian attack on a commercial vessel in the Strait of Hormuz. Iran announced the closure of the strait on 12 July and has since attacked ships crossing it without Tehran's authorisation (Le Monde). US bombing has concentrated on southern Iran along the Gulf, while Iran has struck US facilities in Bahrain, Jordan, Qatar, Kuwait, the UAE and Oman, with strikes on US bases in Jordan killing American service members (Financial Times, via TASS). After hundreds of US airstrikes, analysts cited by the FT say Iranian engineers rebuilt underground facilities quickly and Iranian crews improved the accuracy and penetration of their medium-range missiles. President Pezeshkian toured damaged ports, bridges, roads, railways and border terminals at the weekend and ordered faster reconstruction, according to state agency IRNA.

The view from outside

The National in Abu Dhabi argues the confrontation can no longer be called a regional war: Houthi threats against shipping and attacks on Saudi infrastructure, drone launches from Iraqi territory into Saudi Arabia, and Ukraine's reported strikes on vessels carrying Iran-linked cargo in the Caspian tie the conflict to European security. Its editorial concludes that any truce between Washington and Tehran would have to cover Iran-backed paramilitaries in Iraq and Yemen to hold. Russian state agency TASS relays the FT and AP reporting with emphasis on the limits of American firepower.

What could happen next

General Dan Caine has presented Trump with escalation scenarios alongside the warning that current munitions stocks make continued escalation a dubious proposition (AP, via TASS); the New York Times reported on 25 July that Trump shelved a sharp escalation over fears of draining interceptor stocks, which Trump denied. The pause in US and Iranian attacks held into a third day on Monday, with Qatar and Pakistan working as the leading channels to restart ceasefire talks and Oman running a bilateral track with Tehran. Trump has called the contacts very deep talks while warning he would return to very strong military action. Whether shipping through Hormuz resumes, and whether Iranian reconstruction outpaces further strikes, will shape the next round.

How the camps see it
  • United States and Israel: Washington says Iran broke the June memorandum by attacking commercial shipping in the Strait of Hormuz and that the strikes aim to destroy Iranian missiles and missile production.

  • Iran: Tehran says the United States violated the agreement and betrayed diplomacy for a third time, insists it fulfilled its commitments on safe passage for ships, and casts its strikes as defence of sovereignty.

Also involved

MediatorsGulf states and JordanRussia

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