Iran war live: Ghalibaf says US to release $12bn in frozen Iranian funds | US-Israel war on Iran News
Netanyahu, Katz, and the Israeli Chief of Staff announced that Israeli troops will remain in Lebanon to neutralize threats against its citizens. Iran is framing the Strait of Hormuz as a bilateral issue between it and Oman, with both sides holding discussions on the waterway. The UN peacekeepers in southern Lebanon have reported no air attacks since March 2nd, but continue to observe extensive Israeli military activities. Ghalibaf, Iran's speaker, defended the decision to hold talks with the US, stating that they went to Switzerland to stop the bloodshed in Lebanon. Democrats on the US House Foreign Affairs Committee accused the Trump administration of granting Iran sanctions relief before addressing key issues under negotiation. The US believes Iran made key concessions on the nuclear file during the negotiations in Switzerland.
1 JUL 2026
— Times of India
A ceasefire between the US and Iran, reopened the Strait of Hormuz, but analysts believe it is temporary due to unresolved disputes.
9 JUL 2026
— Al Jazeera
The US Strategic Petroleum Reserve reached its lowest level since 1983 due to recent tensions with Iran, raising concerns about global oil supply.
— Al Jazeera
The recent escalation of US-Iran fighting is driven by conflicting interpretations of a ceasefire memorandum regarding maritime security arrangements.
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