Trump threatens Oman as US-Iran agreement expires

Threat to Oman: President Donald Trump threatened to attack Oman if it “gets in the way” of efforts in the Strait of Hormuz, and said his administration has established a direct backchannel with Iran’s Islamic Revolutionary Guard Corps. Trump previously threatened Oman, a US ally, in May.

Iran agreement expires: The president reiterated today that the top goal in the Iran war is preventing the country from obtaining a nuclear weapon, undercutting advisers who say keeping oil prices low is an important priority. The 60-day deadline for the two sides to reach a deal toward ending the conflict has now passed.

Kushner meetings: Separately, Trump’s son-in-law Jared Kushner is meeting Israeli Prime Minister Benjamin Netanyahu today, following talks with Hamas, as mediators seek to revive the stalled Gaza peace plan.

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Yemen’s Iran-backed Houthis said Monday they had attacked what ⁠they described as ⁠a Saudi military ship and four escort ‌vessels ⁠in the Red Sea with ballistic missiles, following a weekend of escalation in the region.

According to the group’s spokesperson Yahya ⁠Saree, the vessels were targeted off the coast of Yemen’s port city of Mokha – the site of repeated Houthi attacks in recent days. CNN cannot independently verify the militant group’s latest claim, and there has been no immediate comment from Saudi authorities.

Clashes have intensified near the Bab al-Mandeb Strait, a key maritime chokepoint, after the Houthi group declared a blockade of Saudi shipping in the Red Sea. Saudi Arabia is the main backer of Yemeni government forces.

Monday’s claimed attack comes after the Houthis launched several ballistic missiles at Mokha on Friday, according to Yemen’s internationally recognized government. The port later suspended operations, Reuters reported.

The Yemeni government’s armed forces said Sunday they had carried out nearly 200 attacks on the Houthi movement in the previous 24 hours.

On Monday, the Houthi group said it would continue monitoring all “Saudi enemy movements” in the area and vowed to “target these movements and mobilization, whether on land or at sea.”

CNN’s Mitchell McCluskey contributed reporting.

US President Donald Trump threatened today to attack Oman if it interferes with US efforts in the Strait of Hormuz, as the conflict with Iran continues and a two-month window for peace talks expires without a clear path to end the war.

“If Oman gets in the way, we’ll bomb the shit out of them,” Trump said in an interview with Fox News’ Trey Yingst.

Trump’s comments come as the 60-day window for peace talks between the US and Iran, agreed to in June, closed Monday without any concrete plans announced for the war to end. Meanwhile, Iran said Monday that its talks with Oman regarding the Strait of Hormuz are complex but continuing.

This isn’t the first time Trump has threatened Oman, which is a US ally. At a Cabinet meeting in May, the president said: “Oman will behave just like everybody else, or we’ll have to blow ‘em up.”

Trump also confirmed to Fox News that his administration has established a direct backchannel with Iran’s Islamic Revolutionary Guard Corps, but said he is in no rush to reach a deal.

CNN has reached out to the White House for comment on Trump’s threats against Oman.

Oil prices are rising modestly after a 60-day window for US-Iran peace talks closed Monday without any lasting deal to end the war.

Brent crude, the global oil benchmark, climbed 0.38% to $88.85 a barrel. West Texas Intermediate, the US benchmark, was broadly flat at $82.42 a barrel. Brent has climbed by about $10 a barrel from the lows seen in early August as diplomatic efforts to end the conflict stalled.

“We do not see an easy way out of the current situation,” Mohit Kumar, chief European economist at investment bank Jefferies wrote in a note. “Iran will not give up control over the Strait (of Hormuz) and the US would not accept a solution where Iran can charge tolls and control the passage of ships through the strait,” he added.

Despite the impasse, oil prices have remained below $100 a barrel for several months. That’s in part because shipping traffic through Hormuz is likely higher than official numbers suggest, according to Kumar.

The historic supply shock has also been softened by other factors, including alternative export routes out of the Gulf, China reducing its oil imports, the United States increasing production and drawdowns from global oil stockpiles.

“The global supply-demand situation is not that bad and the markets can withstand a few weeks of Strait closure,” Kumar said.

The deadline to end the war between Iran and the United States expired today, leaving both countries deadlocked over management of the Strait of Hormuz and the future of frozen Iranian funds. So, what happens now?

Tehran and Washington committed in a memorandum of understanding signed in June to achieve a “final deal in maximum 60 days” through negotiations, but also accounted for failure to do so by agreeing to extend that deadline with mutual consent.

What was set to be negotiated over two months was the future of Iran’s nuclear program and sanctions relief for Iran.

However, the 60-day ceasefire was mired with infringements. Iran rejected how ships were choosing to transit through the Strait of Hormuz and began targeting vessels, and the US responded by launching intensive strikes against Iranian targets. The Islamic Republic proceeded to fire missiles and drones on neighboring countries hosting US bases.

All eyes now turn towards negotiations between Iran and Oman expected to resolve how ships cross Hormuz. If the issue of movement in the maritime chokepoint is resolved, with agreement from Washington and its allies across the region, it may remove a major hurdle towards unlocking further negotiations over Iran’s nuclear program and sanctions.

For now, Iranian officials have said that a “transit route map” has been agreed upon with Oman, but a final agreement including a joint statement has not been finalized.

Referring to one of the reasons for the delay, Iran’s Foreign Ministry spokesperson Esmail Baghaei said some “malevolent parties” want the region to “always be in a state of conflict and chaos.”

President Donald Trump reiterated Monday that the US’ top goal in the Iran war is preventing the country from obtaining a nuclear weapon — undercutting some of his advisers who have emphasized keeping global oil and gas prices low as an equally important priority.

The president’s statement comes after Vice President JD Vance said last week that the administration has two goals in the war, including maintaining the flow of oil and gas from Gulf countries.

Appearing on Fox News on Thursday, Vance was asked how the conflict could ultimately end.

“It’s ensuring that the Gulf countries continue to send oil and gas to the world economy so that we have energy price stability,” Vance said, adding: “That’s goal number one: Keep oil and gas cheap for Americans all over our country. And then, obviously, goal number two is ensure that Iran never gets a nuclear weapon.”

When asked Friday about Vance’s comments, White House press secretary Karoline Leavitt said that “both goals are equally as important to the president.”

Saturday marked one of the deadliest days in Lebanon since the US-Iran Memorandum of Understanding (MoU) was signed in June, an agreement intended to pave the way for negotiations toward a permanent end to the war.

The MoU’s opening paragraph called for an “immediate and permanent termination of military operations on all fronts, including in Lebanon,” but fighting between Israel and Iran-backed Hezbollah has continued in southern Lebanon throughout the 60-day deadline to end the war under the agreement.

Israeli strikes killed 11 people and wounded 19 others in Lebanon on Saturday, according to the country’s health ministry, making it the deadliest day since the truce. The Israel Defense Force said the strikes were targeting Hezbollah infrastructure after the militant group carried out what it described as “an action” against Israeli soldiers in southern Lebanon. It did not provide any details about the Hezbollah action.

Israel also agreed to withdraw its troops from two areas in southern Lebanon in another set of talks brokered by the US in June after the MoU was signed. The agreement stipulated that Hezbollah must disarm, but the group rejected that condition until Israel fully withdraws.

Israeli strikes in Lebanon have killed at least 4,346 people since March 2, according to the Lebanese Ministry of Public Health. The latest escalation comes as the 60-day period has expired without a final agreement, with negotiations stalled and both sides accusing each other of violating the terms of the MoU.

Inflation rates in Iran have reached “alarming levels,” with many working-class families in the country unable to afford basic food items, according to state-affiliated Iranian media.

Annual inflation in the country — measured over the 12-month period leading up to July — stands at 66%, according to the Iranian Labour News Agency (ILNA).

The price of food has more than doubled since July last year, ILNA cited the Statistical Center of Iran as saying, with basic food items such as eggs, rice, meat and bread effectively becoming “luxury goods” for many.

Due to the rising cost of living, many workers are now only able to afford their living expenses for around eight days in each month, according to Faramarz Toufighi, a Labor activist cited in the ILNA report. “For more than 20 days of every month, workers are effectively left with nothing,” Toufighi said.

Iran’s First Vice President Mohammad Reza Aref said Monday that improving the livelihoods of people in Iran remained the government’s top priority while cautioning that the “enemy’s strategy was to exploit the wave of price increases,” state-run Islamic Republic News Agency (IRNA) reported.

Iran’s economy was in a dire state before the war too, with poor economic conditions a key driving factor behind the anti-regime demonstrations which kicked off in the Iranian capital city Tehran in 2025.

US President Donald Trump’s son-in-law Jared Kushner is meeting Israeli Prime Minister Benjamin Netanyahu today, in efforts to advance a stalled peace plan for Gaza, which Israel rejected earlier this month.

The 15-point plan was issued by Trump’s Board of Peace in late July, and outlined how Hamas would disarm if Israel halted strikes in Gaza and pulled troops back to the “yellow line.”

Here’s more on what the Board of Peace is:

Trump had initially floated the Board of Peace as part of a second phase of the US-brokered 20-point Gaza ceasefire plan in September.

The United Nations Security Council backed the plan in November — giving it international legitimacy — with a mandate for the board to oversee the demilitarization and rebuilding of Gaza.

But Trump had longer-term plans. The charter draft, obtained by CNN, describes the Board of Peace as an “international organization” promoting stability, peace and governance “in areas affected or threatened by conflict.”

Trump will serve as chairman of the board indefinitely, according to the charter, possibly holding the post beyond his second term as president.

Its members include Netanyahu, Saudi Arabia’s Crown Prince Mohammed bin Salman, Emirati President Mohamed bin Zayed Al Nahyan, Pakistani Prime Minister Shehbaz Sharif, Turkish President Recep Tayyip Erdoğan and several other world leaders.

The Board of Peace will also sit above a “founding Executive Board” that includes Trump’s son-in-law Jared Kushner, Secretary of State Marco Rubio, special envoy Steve Witkoff and former British prime minister Tony Blair.

Multiple Western nations declined to join the board earlier this year.

The UK said it would not sign up due to concerns about Russian involvement. Then-Foreign Secretary Yvette Cooper told the BBC the UK would not be one of the signatories “because this is about a legal treaty that raises much broader issues.”

“We do also have concerns about (Russian President Vladimir) Putin being part of something, which is talking about peace, when we have still not seen any signs from Putin that there will be a commitment to peace in Ukraine,” she said.

Ukrainian President Volodymyr Zelensky said it was difficult to see being “together with Russia in any council.” The issue, he said, “is that Russia is our enemy, and Belarus is their ally.”

France and Norway also declined, in part citing questions about how the Board of Peace would operate in conjunction with the UN.

US President Donald Trump’s son-in-law Jared Kushner is meeting with Israeli Prime Minister Benjamin Netanyahu today, as mediators push to revive the US-backed Gaza peace plan, which Israel rejected earlier this month.

On Sunday, Kushner and Hamas leader Khalil al-Hayya also held talks in Egypt to discuss the plan, according to a source familiar with the matter.

Let’s re-cap the latest developments here:

Trump claims breakthrough

In late July, US President Donald Trump announced what he described as an historic agreement to secure the disarmament of Hamas and all other armed groups in Gaza — months after he first announced a US-brokered ceasefire agreement between Hamas and Israel.

As armed groups in Gaza are disarmed, Trump said, Israeli forces will withdraw and an International Stabilization Force, working alongside a new Palestinian police force, will assume responsibility for security in territory.

Trump said he would be “very disappointed” if Israel rejected the plan, but just over a week later, Prime Minister Benjamin Netanyahu did just that.

Israel rejects Gaza plan

On August 9, Netanyahu said Israel rejected the plan and demanded the full disarmament of Hamas before any Israeli forces withdraw.

“I want to be precise here: Israel rejects the 15-point document,” Netanyahu said in his first remarks directly addressing the proposal.

Ahead of October’s election, Netanyahu’s right-wing coalition is trailing in opinion polls, and the prime minister is seeking to balance pressure from Washington with demands from hardline Israeli ministers not to make concessions to Hamas.

How did Hamas respond?

Hamas said it would only go through with the deal if Israel halted strikes in Gaza and pulled troops back to the “yellow line,” as defined by the October ceasefire agreement.

CNN’s Alejandra Jaramillo, Abeer Salman, Oren Liebermann, Jeremy Diamond, Tal Shalev, Tim Lister, Eugenia Yosef and Ibrahim Dahman contributed reporting.

US envoy Jared Kushner is meeting Israeli Prime Minister Benjamin Netanyahu in an effort to advance the Trump administration’s stalled Gaza peace plan, one day after meeting Hamas.

Netanyahu publicly rejected the latest 15-point plan that US President Donald Trump hailed as a major breakthrough at the end of last month, putting the future of the deal in doubt.

On Sunday, Kushner held a rare meeting with Hamas’ new leader, Khalil al-Hayya, in El Alamein in Egypt. The director of the US-backed Board of Peace, Nickolay Mladenov, also took part. An official familiar with the matter said the goal of the meeting was to turn the ceasefire plan into “concrete, verifiable steps,” including the disarmament of Hamas, the withdrawal of Israeli forces, and the beginning of reconstruction.

Hamas agreed to a disarmament plan but warned it could only happen if Israel upheld its obligations, including ending the near-daily attacks on Gaza and beginning to withdraw forces from the enclave.

In a joint statement on Sunday, a group of Arab and Muslim countries – including mediators Egypt and Qatar – condemned Israel for rejecting the plan.

“Such rejection confirms that Israel now bears responsibility for obstructing the efforts to bring peace in Gaza and the rest of the Occupied Palestinian Territory,” the governments said.

Two drones fired from Iran targeted the office of the Kurdistan Regional Government’s prime minister in Iraq, a US ally in the region, its counter-terrorism agency said.

The drones also targeted the residence of the head of the protection agency, the statement added. No casualties were reported in the attack, the security agency said. There has been no claim of responsibility for the attack.

“My personal office and the home of the head of the Security and Intelligence Agency were targeted by Iranian drone attacks earlier today,” the KRG Prime Minister Masrour Barzani wrote on X calling the attack a “dangerous escalation and a direct threat to the security and stability of the Kurdistan Region.”

The KRG houses Kurdish parties with cross-border ties to Iranian Kurds. US President Donald Trump claimed several times that his administration attempted to arm Kurds inside Iran during the war, but instead of clashing with the Iranian government, the Kurds “kept (the weapons) for themselves.”

Talks between Iran and Oman regarding the Strait of Hormuz are complex but continuing “in all seriousness,” Iran’s Foreign Ministry spokesman Esmaeil Baghaei said Monday.

Baghaei pointed to several “actors trying to exert influence on this process” as a reason for the delay in a deal being announced, despite optimism in recent days that an agreement to secure passage through the critical waterway could be within reach.

Traffic through the waterway remains subdued compared to pre-war levels.

Baghaei said a “transit route map” has been agreed upon, but a final agreement including a joint statement has not been finalized, Tasnim reported. Referring to one of the reasons for the delay, Baghaei said some “malevolent parties” want the region to “always be in a state of conflict and chaos.”

With the memorandum of understanding now expired and no deal to end the war reached, the United States and Iran are both under pressure, an analyst told CNN on Monday.

“This is why it’s a game of chicken but the stakes are very different,” said Ali Vaez, deputy program director for Middle East and North Africa at the International Crisis Group.

The US is “choosing to try to bring Iran to its knees” and accepts the resulting economic fallout, while Iran sees surrender as an existential issue, Vaez said.

“At any cost, they are very unlikely to capitulate and to give in because they believe that that would be the end of the regime.”

Vaez said US-Iran diplomacy “is not dead but it is in dire straits,” noting that the memorandum “was just a page and a half” and “didn’t address any of the substantive disagreements” between both sides.

“If that (MOU) doesn’t stand for more than two weeks and the parties can’t find a way back into it then basically, yes, diplomacy is not going to deliver results and this is a formula for a ‘Forever War.’”

Vaez said Washington’s strategy of economic pressure on Iran will simply produce the same outcome as before –– “the hardening of the Iranian position.”

“Pressure is not a new strategy for the United States… continuation on the same trajectory is not going to produce a different result,” he noted.

The MOU unraveled soon after its June 17 signing, as disputes over control of the Strait of Hormuz reignited tensions and prompted renewed military strikes.

Iran plans to take action after US President Donald Trump made clear that inflicting economic pressure is part of Washington’s latest strategy, Iran’s semi-official Mehr news agency reported Monday.

First Vice President Mohammad Reza Aref ordered “intensified market supervision” and said “inspection bodies should deal seriously with overpricing, underweight selling and hoarding,” reported Mehr.

He also announced that a central market oversight headquarters would start with offering guidance, which would move to legal action if violations continued, the outlet added.

Last week, Treasury Secretary Scott Bessent said in a Newsmax interview the US is going to apply measures that have “never been seen” on Iran, indicating Washington will continue to economically isolate the country and blockade its ports.

His comments came after Trump signaled plans to choke Iran economically. “We are only semi-negotiating with (Iran). We are just watching Iran with its huge inflation and the fact they have no money,” Trump said.

Iran’s army is offering a 5 billion tomans ($30,000) cash bounty for anyone who kills or captures a US soldier and hands them over to authorities, according to the country’s semi-official Mehr news agency.

“Courageous Iranian women who accomplish this feat will receive double the reward,” the outlet reported Sunday, citing Commander-in-Chief Maj Gen Amir Hatami.

The army will purchase any potential weapon used at twice its market value and permanently display it in a museum, it added.

The new initiative is supported by public crowdfunding campaigns, with Iranian citizens contributing funds to bolster the armed forces’ defense operations, Mehr said.

In April, Iran promised an even bigger bounty of 10 billion tomans for finding the US service member whose fighter jet crashed in Iranian territory.

A temporary framework that came with a 60-day deadline to end the US-Iran war expired on Monday. There is no indication so far the two sides will extend the agreement, while in recent weeks both sides have exchanged fire and accused each other of violating the agreement.

The memorandum of understanding, signed in June, is a 14-point document spelling out provisions for reopening the Strait of Hormuz and easing certain financial restrictions on Iran. It also sets out expectations for addressing Iran’s nuclear program during future technical talks.

The agreement also opened a 60-day-window to negotiate the final terms of a wider peace deal.

A look at some excerpts from the memorandum:

  • Articles 4-5: The US lifts its naval blockade and Iran removes obstacles (such as mines) to ensure that traffic through the Strait of Hormuz returns to pre-war levels within 30 days after signing the agreement.

  • Articles 8-9: Iran “reiterates that it will never produce nuclear weapons.” The two sides “agree that, pending a final agreement, they will maintain the status quo: Iran will maintain the status quo on its nuclear program, and the United States will not impose new sanctions on Iran or strengthen its forces in the region.”

  • Article 10: The US “immediately after the signing… will issue waivers for exports of Iranian crude oil, petrochemical products and their derivatives, and all related services, including banking, insurance, transportation, and the like.”

  • Article 11: The US “undertakes that… in light of the progress of negotiations towards a final agreement, frozen or restricted funds and assets of the Islamic Republic of Iran will be released and made fully available.”

Read the official text in full here.

Tehran’s chief negotiator and parliament speaker said the United States and Israel have “failed to achieve” any of the objectives they set at the start of their war with Iran.

Ghalibaf claimed Iran has emerged victorious by blocking these goals. “I say with all my heart that we have truly won this war,” he said.

He did not specify what objectives he believed the US and Israel had failed to meet.

The goals which the Trump administration previously laid out included complete Iranian surrender, regime change, Iran never developing a nuclear weapon and ending Tehran’s support for its Middle East proxy groups like Hezbollah.

A 60-day window for US and Iran to reach a deal to end the war came to a close on Monday. In June, the two sides had signed a temporary agreement that kicked off the window for negotiations. No concrete plans on ending hostilities have been announced so far.

In other news, President Donald Trump announced Sunday the United States would reduce military exercises with South Korea, citing his positive relationship with North Korean leader Kim Jong Un and Seoul’s lack of assistance with his Iran conflict.

Joint exercises with South Korea began on Monday as scheduled, South Korea’s Joint Chiefs of Staff told CNN. What is less clear currently is whether the exercises have been suddenly pared down or not in light of Trump’s announcement.

More headlines:

Defense pact: Trump praised a mutual defense agreement signed by Saudi Arabia, Turkey and Pakistan, calling it an “important first step.” The three US allies signed the NATO-style mutual defense pact last week, consolidating their long-standing security ties into a collective-defense alliance that stipulates an attack against any of them “shall be regarded as attack on them all.”

USS Abraham Lincoln: Maryland Gov. Wes Moore, a Democrat who served in the US Army, slammed Trump’s response to reports of poor conditions and low morale on the USS Abraham Lincoln, saying it “pisses me off.” Trump had dismissed claims that families of service members aboard the aircraft carrier have concerns about conditions.

Oil prices: Oil futures were flat on Sunday amid stalled US-Iran talks over fully reopening shipping traffic through the Strait of Hormuz. US gas prices have remained above $4 while stock futures were also flat.

Shipping traffic: In the Strait of Hormuz, there were no notable ship movements in the past 24 hours, according to MarineTraffic data. And on the Bab el-Mandeb strait, at least 40 vessels transited the waterway. This is down from the 2023 peak of 72 ships a day, according to Kpler data.

CNN’s Aileen Graef, Julia Benbrook, Auzinea Bacon and Lisa Wong contributed reporting.

The US and Iran signed a memorandum of understanding in June, aiming to stop hostilities and pave the way for a “final deal” within 60 days to end the war on all fronts and settle complicated issues such as Tehran’s nuclear program.

The 60-day window ended at midnight, with nothing concrete agreed so far. Both sides have accused each other of violating the temporary agreement and multiple flare-ups have escalated the conflict in the Middle East.

The 14-point framework, brokered mainly by Pakistan with the support of other neighboring nations, was signed by US President Donald Trump and Iranian President Masoud Pezeshkian on June 17.

The interim agreement came after more than three months of deadly conflict that severely disrupted Gulf trade, especially oil and gas exports.

The agreement included provisions for reopening the Strait of Hormuz, easing some financial restrictions on Iran and outlining expectations for future talks on Iran’s nuclear program.

However, it soon fractured with disputes over the strait, leading to renewed military strikes at the end of June.

On July 8, Trump said the MOU was “over.”

With US weapon stockpiles dwindling and no permanent resolution in sight, he now risks drawing the US into yet another “Forever War.”

Trump has made it clear that inflicting economic pain on Iran is part of Washington’s current strategy.

“We are just watching Iran with its huge inflation and the fact they have no money,” he said earlier this month.

Tehran, however, remains steadfast. On Saturday, Foreign Minister Abbas Araghchi said no decision has been made on whether to resume negotiations with the US.

Responding to Trump’s recent threat to declare the strait a US territory after “we finish defeating Iran,” Araghchi said that it “cannot be seized with a tweet.”

Strikes between US forces and Iran have paused, but violence by Iran-backed groups in the region persists.

Yemen’s military has intensified its campaign against the Houthis who have targeted shipping hubs and US allies, while Lebanon recently saw its deadliest day of Israeli airstrikes since their June ceasefire.

CNN’s Alayna Treene, Ibrahim Dahman, Kevin Liptak and Nick Paton Walsh contributed reporting.

US President Donald Trump announced Sunday that the United States would reduce military exercises it conducts with key regional ally South Korea, citing his positive relationship with North Korean leader Kim Jong Un and South Korea’s lack of assistance with Iran.

Trump went on to raise the Iran war and his request for South Korea to help.

Trump has had a warm relationship with the North Korean leader despite it being a longtime adversary of the United States. Earlier this weekend, he posted a picture of himself and Kim, with the caption: “Despite the unfriendly look on this particular picture, there are many where we’re smiling, Kim Jong Un and I get along GREAT!”

The joint exercises with South Korea, called Ulchi Freedom Shield military drills, were set to begin August 17 and go for 10 days.

North Korea has long criticized such exercises, with its Central Military Commission calling trilateral exercises last year with Japan and South Korea “the most comprehensive and offensive war drill for aggression in terms of scale, content and nature” that has been conducted on the southern Korean Peninsula.

Read the full story here.

Threat to Oman: President Donald Trump threatened to attack Oman if it “gets in the way” of efforts in the Strait of Hormuz, and said his administration has established a direct backchannel with Iran’s Islamic Revolutionary Guard Corps. Trump previously threatened Oman, a US ally, in May.

Iran agreement expires: The president reiterated today that the top goal in the Iran war is preventing the country from obtaining a nuclear weapon, undercutting advisers who say keeping oil prices low is an important priority. The 60-day deadline for the two sides to reach a deal toward ending the conflict has now passed.

Kushner meetings: Separately, Trump’s son-in-law Jared Kushner is meeting Israeli Prime Minister Benjamin Netanyahu today, following talks with Hamas, as mediators seek to revive the stalled Gaza peace plan.

Yemen’s Iran-backed Houthis said Monday they had attacked what ⁠they described as ⁠a Saudi military ship and four escort ‌vessels ⁠in the Red Sea with ballistic missiles, following a weekend of escalation in the region.

According to the group’s spokesperson Yahya ⁠Saree, the vessels were targeted off the coast of Yemen’s port city of Mokha – the site of repeated Houthi attacks in recent days. CNN cannot independently verify the militant group’s latest claim, and there has been no immediate comment from Saudi authorities.

Clashes have intensified near the Bab al-Mandeb Strait, a key maritime chokepoint, after the Houthi group declared a blockade of Saudi shipping in the Red Sea. Saudi Arabia is the main backer of Yemeni government forces.

Monday’s claimed attack comes after the Houthis launched several ballistic missiles at Mokha on Friday, according to Yemen’s internationally recognized government. The port later suspended operations, Reuters reported.

The Yemeni government’s armed forces said Sunday they had carried out nearly 200 attacks on the Houthi movement in the previous 24 hours.

On Monday, the Houthi group said it would continue monitoring all “Saudi enemy movements” in the area and vowed to “target these movements and mobilization, whether on land or at sea.”

CNN’s Mitchell McCluskey contributed reporting.

US President Donald Trump threatened today to attack Oman if it interferes with US efforts in the Strait of Hormuz, as the conflict with Iran continues and a two-month window for peace talks expires without a clear path to end the war.

“If Oman gets in the way, we’ll bomb the shit out of them,” Trump said in an interview with Fox News’ Trey Yingst.

Trump’s comments come as the 60-day window for peace talks between the US and Iran, agreed to in June, closed Monday without any concrete plans announced for the war to end. Meanwhile, Iran said Monday that its talks with Oman regarding the Strait of Hormuz are complex but continuing.

This isn’t the first time Trump has threatened Oman, which is a US ally. At a Cabinet meeting in May, the president said: “Oman will behave just like everybody else, or we’ll have to blow ‘em up.”

Trump also confirmed to Fox News that his administration has established a direct backchannel with Iran’s Islamic Revolutionary Guard Corps, but said he is in no rush to reach a deal.

CNN has reached out to the White House for comment on Trump’s threats against Oman.

Oil prices are rising modestly after a 60-day window for US-Iran peace talks closed Monday without any lasting deal to end the war.

Brent crude, the global oil benchmark, climbed 0.38% to $88.85 a barrel. West Texas Intermediate, the US benchmark, was broadly flat at $82.42 a barrel. Brent has climbed by about $10 a barrel from the lows seen in early August as diplomatic efforts to end the conflict stalled.

“We do not see an easy way out of the current situation,” Mohit Kumar, chief European economist at investment bank Jefferies wrote in a note. “Iran will not give up control over the Strait (of Hormuz) and the US would not accept a solution where Iran can charge tolls and control the passage of ships through the strait,” he added.

Despite the impasse, oil prices have remained below $100 a barrel for several months. That’s in part because shipping traffic through Hormuz is likely higher than official numbers suggest, according to Kumar.

The historic supply shock has also been softened by other factors, including alternative export routes out of the Gulf, China reducing its oil imports, the United States increasing production and drawdowns from global oil stockpiles.

“The global supply-demand situation is not that bad and the markets can withstand a few weeks of Strait closure,” Kumar said.

The deadline to end the war between Iran and the United States expired today, leaving both countries deadlocked over management of the Strait of Hormuz and the future of frozen Iranian funds. So, what happens now?

Tehran and Washington committed in a memorandum of understanding signed in June to achieve a “final deal in maximum 60 days” through negotiations, but also accounted for failure to do so by agreeing to extend that deadline with mutual consent.

What was set to be negotiated over two months was the future of Iran’s nuclear program and sanctions relief for Iran.

However, the 60-day ceasefire was mired with infringements. Iran rejected how ships were choosing to transit through the Strait of Hormuz and began targeting vessels, and the US responded by launching intensive strikes against Iranian targets. The Islamic Republic proceeded to fire missiles and drones on neighboring countries hosting US bases.

All eyes now turn towards negotiations between Iran and Oman expected to resolve how ships cross Hormuz. If the issue of movement in the maritime chokepoint is resolved, with agreement from Washington and its allies across the region, it may remove a major hurdle towards unlocking further negotiations over Iran’s nuclear program and sanctions.

For now, Iranian officials have said that a “transit route map” has been agreed upon with Oman, but a final agreement including a joint statement has not been finalized.

Referring to one of the reasons for the delay, Iran’s Foreign Ministry spokesperson Esmail Baghaei said some “malevolent parties” want the region to “always be in a state of conflict and chaos.”

President Donald Trump reiterated Monday that the US’ top goal in the Iran war is preventing the country from obtaining a nuclear weapon — undercutting some of his advisers who have emphasized keeping global oil and gas prices low as an equally important priority.

The president’s statement comes after Vice President JD Vance said last week that the administration has two goals in the war, including maintaining the flow of oil and gas from Gulf countries.

Appearing on Fox News on Thursday, Vance was asked how the conflict could ultimately end.

“It’s ensuring that the Gulf countries continue to send oil and gas to the world economy so that we have energy price stability,” Vance said, adding: “That’s goal number one: Keep oil and gas cheap for Americans all over our country. And then, obviously, goal number two is ensure that Iran never gets a nuclear weapon.”

When asked Friday about Vance’s comments, White House press secretary Karoline Leavitt said that “both goals are equally as important to the president.”

Saturday marked one of the deadliest days in Lebanon since the US-Iran Memorandum of Understanding (MoU) was signed in June, an agreement intended to pave the way for negotiations toward a permanent end to the war.

The MoU’s opening paragraph called for an “immediate and permanent termination of military operations on all fronts, including in Lebanon,” but fighting between Israel and Iran-backed Hezbollah has continued in southern Lebanon throughout the 60-day deadline to end the war under the agreement.

Israeli strikes killed 11 people and wounded 19 others in Lebanon on Saturday, according to the country’s health ministry, making it the deadliest day since the truce. The Israel Defense Force said the strikes were targeting Hezbollah infrastructure after the militant group carried out what it described as “an action” against Israeli soldiers in southern Lebanon. It did not provide any details about the Hezbollah action.

Israel also agreed to withdraw its troops from two areas in southern Lebanon in another set of talks brokered by the US in June after the MoU was signed. The agreement stipulated that Hezbollah must disarm, but the group rejected that condition until Israel fully withdraws.

Israeli strikes in Lebanon have killed at least 4,346 people since March 2, according to the Lebanese Ministry of Public Health. The latest escalation comes as the 60-day period has expired without a final agreement, with negotiations stalled and both sides accusing each other of violating the terms of the MoU.

Inflation rates in Iran have reached “alarming levels,” with many working-class families in the country unable to afford basic food items, according to state-affiliated Iranian media.

Annual inflation in the country — measured over the 12-month period leading up to July — stands at 66%, according to the Iranian Labour News Agency (ILNA).

The price of food has more than doubled since July last year, ILNA cited the Statistical Center of Iran as saying, with basic food items such as eggs, rice, meat and bread effectively becoming “luxury goods” for many.

Due to the rising cost of living, many workers are now only able to afford their living expenses for around eight days in each month, according to Faramarz Toufighi, a Labor activist cited in the ILNA report. “For more than 20 days of every month, workers are effectively left with nothing,” Toufighi said.

Iran’s First Vice President Mohammad Reza Aref said Monday that improving the livelihoods of people in Iran remained the government’s top priority while cautioning that the “enemy’s strategy was to exploit the wave of price increases,” state-run Islamic Republic News Agency (IRNA) reported.

Iran’s economy was in a dire state before the war too, with poor economic conditions a key driving factor behind the anti-regime demonstrations which kicked off in the Iranian capital city Tehran in 2025.

US President Donald Trump’s son-in-law Jared Kushner is meeting Israeli Prime Minister Benjamin Netanyahu today, in efforts to advance a stalled peace plan for Gaza, which Israel rejected earlier this month.

The 15-point plan was issued by Trump’s Board of Peace in late July, and outlined how Hamas would disarm if Israel halted strikes in Gaza and pulled troops back to the “yellow line.”

Here’s more on what the Board of Peace is:

Trump had initially floated the Board of Peace as part of a second phase of the US-brokered 20-point Gaza ceasefire plan in September.

The United Nations Security Council backed the plan in November — giving it international legitimacy — with a mandate for the board to oversee the demilitarization and rebuilding of Gaza.

But Trump had longer-term plans. The charter draft, obtained by CNN, describes the Board of Peace as an “international organization” promoting stability, peace and governance “in areas affected or threatened by conflict.”

Trump will serve as chairman of the board indefinitely, according to the charter, possibly holding the post beyond his second term as president.

Its members include Netanyahu, Saudi Arabia’s Crown Prince Mohammed bin Salman, Emirati President Mohamed bin Zayed Al Nahyan, Pakistani Prime Minister Shehbaz Sharif, Turkish President Recep Tayyip Erdoğan and several other world leaders.

The Board of Peace will also sit above a “founding Executive Board” that includes Trump’s son-in-law Jared Kushner, Secretary of State Marco Rubio, special envoy Steve Witkoff and former British prime minister Tony Blair.

Multiple Western nations declined to join the board earlier this year.

The UK said it would not sign up due to concerns about Russian involvement. Then-Foreign Secretary Yvette Cooper told the BBC the UK would not be one of the signatories “because this is about a legal treaty that raises much broader issues.”

“We do also have concerns about (Russian President Vladimir) Putin being part of something, which is talking about peace, when we have still not seen any signs from Putin that there will be a commitment to peace in Ukraine,” she said.

Ukrainian President Volodymyr Zelensky said it was difficult to see being “together with Russia in any council.” The issue, he said, “is that Russia is our enemy, and Belarus is their ally.”

France and Norway also declined, in part citing questions about how the Board of Peace would operate in conjunction with the UN.

US President Donald Trump’s son-in-law Jared Kushner is meeting with Israeli Prime Minister Benjamin Netanyahu today, as mediators push to revive the US-backed Gaza peace plan, which Israel rejected earlier this month.

On Sunday, Kushner and Hamas leader Khalil al-Hayya also held talks in Egypt to discuss the plan, according to a source familiar with the matter.

Let’s re-cap the latest developments here:

Trump claims breakthrough

In late July, US President Donald Trump announced what he described as an historic agreement to secure the disarmament of Hamas and all other armed groups in Gaza — months after he first announced a US-brokered ceasefire agreement between Hamas and Israel.

As armed groups in Gaza are disarmed, Trump said, Israeli forces will withdraw and an International Stabilization Force, working alongside a new Palestinian police force, will assume responsibility for security in territory.

Trump said he would be “very disappointed” if Israel rejected the plan, but just over a week later, Prime Minister Benjamin Netanyahu did just that.

Israel rejects Gaza plan

On August 9, Netanyahu said Israel rejected the plan and demanded the full disarmament of Hamas before any Israeli forces withdraw.

“I want to be precise here: Israel rejects the 15-point document,” Netanyahu said in his first remarks directly addressing the proposal.

Ahead of October’s election, Netanyahu’s right-wing coalition is trailing in opinion polls, and the prime minister is seeking to balance pressure from Washington with demands from hardline Israeli ministers not to make concessions to Hamas.

How did Hamas respond?

Hamas said it would only go through with the deal if Israel halted strikes in Gaza and pulled troops back to the “yellow line,” as defined by the October ceasefire agreement.

CNN’s Alejandra Jaramillo, Abeer Salman, Oren Liebermann, Jeremy Diamond, Tal Shalev, Tim Lister, Eugenia Yosef and Ibrahim Dahman contributed reporting.

US envoy Jared Kushner is meeting Israeli Prime Minister Benjamin Netanyahu in an effort to advance the Trump administration’s stalled Gaza peace plan, one day after meeting Hamas.

Netanyahu publicly rejected the latest 15-point plan that US President Donald Trump hailed as a major breakthrough at the end of last month, putting the future of the deal in doubt.

On Sunday, Kushner held a rare meeting with Hamas’ new leader, Khalil al-Hayya, in El Alamein in Egypt. The director of the US-backed Board of Peace, Nickolay Mladenov, also took part. An official familiar with the matter said the goal of the meeting was to turn the ceasefire plan into “concrete, verifiable steps,” including the disarmament of Hamas, the withdrawal of Israeli forces, and the beginning of reconstruction.

Hamas agreed to a disarmament plan but warned it could only happen if Israel upheld its obligations, including ending the near-daily attacks on Gaza and beginning to withdraw forces from the enclave.

In a joint statement on Sunday, a group of Arab and Muslim countries – including mediators Egypt and Qatar – condemned Israel for rejecting the plan.

“Such rejection confirms that Israel now bears responsibility for obstructing the efforts to bring peace in Gaza and the rest of the Occupied Palestinian Territory,” the governments said.

Two drones fired from Iran targeted the office of the Kurdistan Regional Government’s prime minister in Iraq, a US ally in the region, its counter-terrorism agency said.

The drones also targeted the residence of the head of the protection agency, the statement added. No casualties were reported in the attack, the security agency said. There has been no claim of responsibility for the attack.

“My personal office and the home of the head of the Security and Intelligence Agency were targeted by Iranian drone attacks earlier today,” the KRG Prime Minister Masrour Barzani wrote on X calling the attack a “dangerous escalation and a direct threat to the security and stability of the Kurdistan Region.”

The KRG houses Kurdish parties with cross-border ties to Iranian Kurds. US President Donald Trump claimed several times that his administration attempted to arm Kurds inside Iran during the war, but instead of clashing with the Iranian government, the Kurds “kept (the weapons) for themselves.”

Talks between Iran and Oman regarding the Strait of Hormuz are complex but continuing “in all seriousness,” Iran’s Foreign Ministry spokesman Esmaeil Baghaei said Monday.

Baghaei pointed to several “actors trying to exert influence on this process” as a reason for the delay in a deal being announced, despite optimism in recent days that an agreement to secure passage through the critical waterway could be within reach.

Traffic through the waterway remains subdued compared to pre-war levels.

Baghaei said a “transit route map” has been agreed upon, but a final agreement including a joint statement has not been finalized, Tasnim reported. Referring to one of the reasons for the delay, Baghaei said some “malevolent parties” want the region to “always be in a state of conflict and chaos.”

With the memorandum of understanding now expired and no deal to end the war reached, the United States and Iran are both under pressure, an analyst told CNN on Monday.

“This is why it’s a game of chicken but the stakes are very different,” said Ali Vaez, deputy program director for Middle East and North Africa at the International Crisis Group.

The US is “choosing to try to bring Iran to its knees” and accepts the resulting economic fallout, while Iran sees surrender as an existential issue, Vaez said.

“At any cost, they are very unlikely to capitulate and to give in because they believe that that would be the end of the regime.”

Vaez said US-Iran diplomacy “is not dead but it is in dire straits,” noting that the memorandum “was just a page and a half” and “didn’t address any of the substantive disagreements” between both sides.

“If that (MOU) doesn’t stand for more than two weeks and the parties can’t find a way back into it then basically, yes, diplomacy is not going to deliver results and this is a formula for a ‘Forever War.’”

Vaez said Washington’s strategy of economic pressure on Iran will simply produce the same outcome as before –– “the hardening of the Iranian position.”

“Pressure is not a new strategy for the United States… continuation on the same trajectory is not going to produce a different result,” he noted.

The MOU unraveled soon after its June 17 signing, as disputes over control of the Strait of Hormuz reignited tensions and prompted renewed military strikes.

Iran plans to take action after US President Donald Trump made clear that inflicting economic pressure is part of Washington’s latest strategy, Iran’s semi-official Mehr news agency reported Monday.

First Vice President Mohammad Reza Aref ordered “intensified market supervision” and said “inspection bodies should deal seriously with overpricing, underweight selling and hoarding,” reported Mehr.

He also announced that a central market oversight headquarters would start with offering guidance, which would move to legal action if violations continued, the outlet added.

Last week, Treasury Secretary Scott Bessent said in a Newsmax interview the US is going to apply measures that have “never been seen” on Iran, indicating Washington will continue to economically isolate the country and blockade its ports.

His comments came after Trump signaled plans to choke Iran economically. “We are only semi-negotiating with (Iran). We are just watching Iran with its huge inflation and the fact they have no money,” Trump said.

Iran’s army is offering a 5 billion tomans ($30,000) cash bounty for anyone who kills or captures a US soldier and hands them over to authorities, according to the country’s semi-official Mehr news agency.

“Courageous Iranian women who accomplish this feat will receive double the reward,” the outlet reported Sunday, citing Commander-in-Chief Maj Gen Amir Hatami.

The army will purchase any potential weapon used at twice its market value and permanently display it in a museum, it added.

The new initiative is supported by public crowdfunding campaigns, with Iranian citizens contributing funds to bolster the armed forces’ defense operations, Mehr said.

In April, Iran promised an even bigger bounty of 10 billion tomans for finding the US service member whose fighter jet crashed in Iranian territory.

A temporary framework that came with a 60-day deadline to end the US-Iran war expired on Monday. There is no indication so far the two sides will extend the agreement, while in recent weeks both sides have exchanged fire and accused each other of violating the agreement.

The memorandum of understanding, signed in June, is a 14-point document spelling out provisions for reopening the Strait of Hormuz and easing certain financial restrictions on Iran. It also sets out expectations for addressing Iran’s nuclear program during future technical talks.

The agreement also opened a 60-day-window to negotiate the final terms of a wider peace deal.

A look at some excerpts from the memorandum:

  • Articles 4-5: The US lifts its naval blockade and Iran removes obstacles (such as mines) to ensure that traffic through the Strait of Hormuz returns to pre-war levels within 30 days after signing the agreement.

  • Articles 8-9: Iran “reiterates that it will never produce nuclear weapons.” The two sides “agree that, pending a final agreement, they will maintain the status quo: Iran will maintain the status quo on its nuclear program, and the United States will not impose new sanctions on Iran or strengthen its forces in the region.”

  • Article 10: The US “immediately after the signing… will issue waivers for exports of Iranian crude oil, petrochemical products and their derivatives, and all related services, including banking, insurance, transportation, and the like.”

  • Article 11: The US “undertakes that… in light of the progress of negotiations towards a final agreement, frozen or restricted funds and assets of the Islamic Republic of Iran will be released and made fully available.”

Read the official text in full here.

Tehran’s chief negotiator and parliament speaker said the United States and Israel have “failed to achieve” any of the objectives they set at the start of their war with Iran.

Ghalibaf claimed Iran has emerged victorious by blocking these goals. “I say with all my heart that we have truly won this war,” he said.

He did not specify what objectives he believed the US and Israel had failed to meet.

The goals which the Trump administration previously laid out included complete Iranian surrender, regime change, Iran never developing a nuclear weapon and ending Tehran’s support for its Middle East proxy groups like Hezbollah.

A 60-day window for US and Iran to reach a deal to end the war came to a close on Monday. In June, the two sides had signed a temporary agreement that kicked off the window for negotiations. No concrete plans on ending hostilities have been announced so far.

In other news, President Donald Trump announced Sunday the United States would reduce military exercises with South Korea, citing his positive relationship with North Korean leader Kim Jong Un and Seoul’s lack of assistance with his Iran conflict.

Joint exercises with South Korea began on Monday as scheduled, South Korea’s Joint Chiefs of Staff told CNN. What is less clear currently is whether the exercises have been suddenly pared down or not in light of Trump’s announcement.

More headlines:

Defense pact: Trump praised a mutual defense agreement signed by Saudi Arabia, Turkey and Pakistan, calling it an “important first step.” The three US allies signed the NATO-style mutual defense pact last week, consolidating their long-standing security ties into a collective-defense alliance that stipulates an attack against any of them “shall be regarded as attack on them all.”

USS Abraham Lincoln: Maryland Gov. Wes Moore, a Democrat who served in the US Army, slammed Trump’s response to reports of poor conditions and low morale on the USS Abraham Lincoln, saying it “pisses me off.” Trump had dismissed claims that families of service members aboard the aircraft carrier have concerns about conditions.

Oil prices: Oil futures were flat on Sunday amid stalled US-Iran talks over fully reopening shipping traffic through the Strait of Hormuz. US gas prices have remained above $4 while stock futures were also flat.

Shipping traffic: In the Strait of Hormuz, there were no notable ship movements in the past 24 hours, according to MarineTraffic data. And on the Bab el-Mandeb strait, at least 40 vessels transited the waterway. This is down from the 2023 peak of 72 ships a day, according to Kpler data.

CNN’s Aileen Graef, Julia Benbrook, Auzinea Bacon and Lisa Wong contributed reporting.

The US and Iran signed a memorandum of understanding in June, aiming to stop hostilities and pave the way for a “final deal” within 60 days to end the war on all fronts and settle complicated issues such as Tehran’s nuclear program.

The 60-day window ended at midnight, with nothing concrete agreed so far. Both sides have accused each other of violating the temporary agreement and multiple flare-ups have escalated the conflict in the Middle East.

The 14-point framework, brokered mainly by Pakistan with the support of other neighboring nations, was signed by US President Donald Trump and Iranian President Masoud Pezeshkian on June 17.

The interim agreement came after more than three months of deadly conflict that severely disrupted Gulf trade, especially oil and gas exports.

The agreement included provisions for reopening the Strait of Hormuz, easing some financial restrictions on Iran and outlining expectations for future talks on Iran’s nuclear program.

However, it soon fractured with disputes over the strait, leading to renewed military strikes at the end of June.

On July 8, Trump said the MOU was “over.”

With US weapon stockpiles dwindling and no permanent resolution in sight, he now risks drawing the US into yet another “Forever War.”

Trump has made it clear that inflicting economic pain on Iran is part of Washington’s current strategy.

“We are just watching Iran with its huge inflation and the fact they have no money,” he said earlier this month.

Tehran, however, remains steadfast. On Saturday, Foreign Minister Abbas Araghchi said no decision has been made on whether to resume negotiations with the US.

Responding to Trump’s recent threat to declare the strait a US territory after “we finish defeating Iran,” Araghchi said that it “cannot be seized with a tweet.”

Strikes between US forces and Iran have paused, but violence by Iran-backed groups in the region persists.

Yemen’s military has intensified its campaign against the Houthis who have targeted shipping hubs and US allies, while Lebanon recently saw its deadliest day of Israeli airstrikes since their June ceasefire.

CNN’s Alayna Treene, Ibrahim Dahman, Kevin Liptak and Nick Paton Walsh contributed reporting.

US President Donald Trump announced Sunday that the United States would reduce military exercises it conducts with key regional ally South Korea, citing his positive relationship with North Korean leader Kim Jong Un and South Korea’s lack of assistance with Iran.

Trump went on to raise the Iran war and his request for South Korea to help.

Trump has had a warm relationship with the North Korean leader despite it being a longtime adversary of the United States. Earlier this weekend, he posted a picture of himself and Kim, with the caption: “Despite the unfriendly look on this particular picture, there are many where we’re smiling, Kim Jong Un and I get along GREAT!”

The joint exercises with South Korea, called Ulchi Freedom Shield military drills, were set to begin August 17 and go for 10 days.

North Korea has long criticized such exercises, with its Central Military Commission calling trilateral exercises last year with Japan and South Korea “the most comprehensive and offensive war drill for aggression in terms of scale, content and nature” that has been conducted on the southern Korean Peninsula.

Read the full story here.

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