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US-Israel war on Iran

US-Israel war on Iran
Latest news and updates on the US and Israel's strikes on Iran, in which Supreme leader Ayatollah Ali Khamenei was killed, and Iran's responses.
A man walks past a large banner depicting US President Donald Trump with a target on his head, during funeral ceremonies for Iran’s slain leader Ayatollah Ali Khamenei at the Grand Mosalla on July 5. Photo: TNS
Iran

US retaliates against Iran’s Revolutionary Guard over killing of American troops

Washington has targeted bridges, electrical facilities and others in Iran, and Tehran has retaliated by hitting various plants in Kuwait.

Iran

2 US troops dead, 1 missing after Iran attacks base in Jordan

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Britain

UK’s Burnham faces test as Trump seeks British bases for Iran attack

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UAE

‘We will not stop’: the UAE’s trillion-dollar trade detour

New terminals offer insurance, but analysts say securing trade ultimately relies on lasting peace, not just pouring concrete.

Workers load and unload containers at Khor Fakkan Port in the United Arab Emirates on July 7. Photo: EPA
Energy

Asia’s AI boom has a dirty secret: the coal that powers it

In the rush to build the digital future, regional tech hubs are digging up the past.

Iran

US and Iran attack infrastructure, raising fears of escalation

Two oil tankers exploded and caught fire after passing through a mined route south of Hormuz, Iranian media reported.

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China shipbuilding

Chinese shipbuilders snap up more supertanker orders amid Iran war turmoil

Industry data shows China’s shipyards secured 82 per cent of tanker orders placed this year, as measured by carrying capacity.

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Atrebates, a 319,000 dwt VLCC built by China State Shipbuilding Corp’s Beihai Shipbuilding in Qingdao, Shandong province, last year. Photo: Xinhua
Commodities

Red Sea shutdown risk looms as US-Iran tensions threaten another oil surge

Tehran puts Houthi militants on notice to close critical shipping lanes, threatening a fresh supply shock as Brent crude notches 21 per cent rally since early July.

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Cathay Pacific

Cathay Pacific delays Middle East flights as US and Iran trade attacks

Daily passenger flights to Dubai postponed until October 25, and four weekly services to Riyadh delayed to October 26.

China energy security

China ramps up output of ‘industrial gold’ ethylene amid Iran war disruptions

PetroChina’s Xinjiang hub shifts output to the western interior region to rebalance coastal-heavy sector and hit green goals as Middle East conflict flares.

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A PetroChina logo at a petrol station in Beijing. Photo: Reuters
US-China relations

Could Trump’s ‘last-gasp’ China election claims derail Xi’s US trip?

As midterms loom and Iran war backlash grows, US president resurrects unproven allegations, casting uncertainty over Chinese leader’s visit.

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US President Donald Trump addresses the nation on Thursday. Photo: AFP
US-China relations

China, elections and Iran: the takeaways from Trump’s White House address

The US president blends domestic and global politics by accusing Beijing of meddling in the American electoral process.

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Iran

Trump’s intense attacks have failed to sway Iran. He’s trying again anyway

Analysts say the renewed bombing campaign by the US is more likely ‌to ‘harden’ Tehran’s position.

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Iran

US pounds Iran as Tehran threatens to ‘crush’ Middle East infrastructure

American forces conducted strikes for a sixth straight night, and boarded a ship to enforce the US naval blockade.

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Smoke rises from an explosion at an unknown location, during what US Central Command says are strikes on Iran. Image: US CENTCOM via Reuters
China trade

Helium squeeze: China vows trade controls on gas to shield critical industries

A by-product of LNG production, helium is critical for hi-tech industries including semiconductors, medical equipment and aerospace.

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An aerial view of a facility handling gases such as helium. Photo: Getty Images
Donald Trump

Trump says Iran has freed a detained US woman

Dena Karari, a US-Iranian citizen, had been held since December 2024.

Iran

Iran says Strait of Hormuz a ‘red line’, vows to fight till the end

Tehran warned of ‘existential war’ with America and threatened to block more energy exports from the Middle East.

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Vietnam

US-Iran war: is Trump falling into a Vietnam ‘quagmire’?

Renewed strikes put Washington’s appetite for a prolonged war to a familiar historical test, analysts say.

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Screen grab from video footage released by the Iranian Revolutionary Guards’ Sepah News website purportedly shows missiles being launched from an undisclosed location towards US targets in Bahrain and Kuwait on July 14. Photo: AFP
Pakistan

Tankers with Iranian oil look to Pakistan for safe harbour amid US blockade

The Rani and the Amil, carrying a combined 1 million barrels of crude, may be heading to Pakistan to either wait or transfer their cargoes.

Iran

Iran threatens to close more vital seaways as US renews blockade

The Red Sea gateway is seen as the next flashpoint as Trump warns of targeting Iranian energy infrastructure.

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Banking & finance

China increases holdings of US Treasuries despite diversification trend

Overall foreign holdings climb to US$9.371 trillion in May, with China’s rising to US$659.3 billion after hitting an 18-year low in April.

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US Federal Reserve chairman Kevin Warsh addresses a news conference after last month’s Federal Open Market Committee meeting in Washington. Photo: Reuters
Iran

Trump scraps Hormuz toll plan but presses ahead with Iran blockade

In latest flip-flop, US president says Gulf investment deals will replace shipping fee, while restoring blockade targeting Iranian trade.

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US President Donald Trump in the Oval Office at the White House on Tuesday. Photo: Reuters
Iran

Norwegian chemical tanker hit by projectile off Oman amid US-Iran tensions

Stolt Magnesium ‘suffered from an explosion of an unidentified external device’ that started a fire in the engine room, the company said.

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Iran

Video | US strikes Iran again after UAE tankers hit

Iran’s Islamic Revolutionary Guard Corps targeted US facilities in the region and two UAE tankers travelling through the strait.

India

Delhi summons Iranian diplomat after Indian sailor killed in Strait of Hormuz

Thirty Indians were among the 46 crew members in the two vessels hit by an Iranian overnight attack.

A ship sails near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan on Sunday. Photo: AFPTV
Donald Trump

Trump’s 20% Hormuz toll jolts markets as Asia adapts to oil shock

Alternative trade routes and an AI tech boom are helping the region cushion the blow of a threatened maritime tariff.

US President Donald Trump gestures as he leaves a Nato press conference in Ankara, Turkey, on July 8. Photo: EPA
China trade

China’s trade surges in first half of 2026, extending growth streak

Exports rose by 27 per cent year on year and imports grew by 36 per cent last month, both beating projections.

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Middle East

Yemen’s Houthis fire missiles at Saudi Arabia in biggest flare-up in years

Iran-backed rebels target Saudi Arabia hours after accusing the kingdom of launching strikes against the international airport in Sanaa.

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