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Sep 2, 2026, 08:30 PM UTC

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Tensions escalate in Strait of Hormuz as US and Iran trade strikes

Tensions escalate in Strait of Hormuz as US and Iran trade strikes

Energy prices surge as military clashes escalate near the Strait of Hormuz, with US airstrikes hitting Iranian targets and Tehran demanding sanctions relief.

Global energy markets surged as military confrontations intensified around the Strait of Hormuz following an attack on a Saudi oil tanker. A fire aboard the vessel, which was reportedly struck by three projectiles, was successfully extinguished.

US forces launched retaliatory airstrikes on Iranian targets, including Larak, while Iranian forces struck American bases across the region. US President Donald Trump warned Washington would "hit them hard," while maintaining that the maritime passage remains open. Iranian military officials dismissed US claims of having neutralized mine-laying operations as "pure fantasy."

Meanwhile, hardliners in Tehran are leveraging control over the strategic waterway to demand concessions under a June 14-point memorandum, including the end of maritime blockades, the lifting of economic sanctions, and the release of frozen foreign assets.

Sources: ANSA, Corriere della Sera, Il Messaggero, La Repubblica

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Israel's Netanyahu rejects US-backed Gaza peace plan

Israel's Netanyahu rejects US-backed Gaza peace plan

Israeli Prime Minister Benjamin Netanyahu has rejected a US-backed 15-point peace plan for Gaza, insisting Israeli troops will not withdraw until Hamas is fully disarmed.

Israeli Prime Minister Benjamin Netanyahu has formally rejected a 15-point Gaza peace plan endorsed by US President Donald Trump, maintaining that Israeli forces will not withdraw from the enclave until Hamas is fully disarmed.

Speaking during televised cabinet remarks, Netanyahu stated that "Israel rejects the 15-point document" and affirmed that troops "will not carry out any withdrawal until Hamas is genuinely disarmed." The statement marks a public disagreement with Washington, coming shortly after the US announced a diplomatic proposal accepted by Hamas.

Although Israeli military operations in Gaza have slowed following US diplomatic pressure, Netanyahu faces competing political demands ahead of Israel's parliamentary elections on October 27. The prime minister continues to balance far-right coalition partners opposing concessions against expectations from Washington.

Sources: Cyprus Mail, France24, STV News, The Guardian, The Herald

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US Patriot missile co-production deal with Ukraine delayed until after winter

US Patriot missile co-production deal with Ukraine delayed until after winter

A US-Ukraine agreement on jointly producing Patriot interceptor missiles will not be finalized before winter, US NATO envoy Matthew Whitaker confirmed.

The United States is unlikely to conclude a bilateral agreement with Ukraine to jointly manufacture interceptor missiles for Patriot air defense systems before the upcoming winter, according to US Permanent Representative to NATO Matthew Whitaker.

Speaking in an interview with Fox News, Whitaker stated that while long-term arrangements regarding Patriot systems remain on hold, active efforts continue to co-produce other air defense capabilities alongside Kyiv and European allies. Safeguarding sensitive military technology remains a central factor in postponing the joint venture.

Ukrainian officials have repeatedly requested Western technology transfers to enhance domestic defense manufacturing, seeking to fortify critical energy infrastructure against potential Russian aerial attacks during the winter months.

Sources: MIA (Media Information Agency), Sloboden Pečat.

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Trump signals possible Hormuz agreement amid threats of military escalation

Trump signals possible Hormuz agreement amid threats of military escalation

US President Donald Trump signaled a potential Strait of Hormuz deal soon, despite issuing military threats as Iran rules out direct Washington talks.

United States President Donald Trump stated that a deal regarding the Strait of Hormuz could be finalized within days, even as he warned that nothing would enter Iran without an agreement or surrender. Trump also issued threats of military action against Iran and warned Oman over its independent negotiations with Tehran.

Iranian officials reiterated that no direct talks with Washington are planned and insisted the strategic passage will not return to pre-war conditions, warning of an offensive posture if diplomatic efforts fail. However, discussions between Tehran and Oman remain ongoing to establish secure maritime transit corridors.

In concurrent regional developments, Hamas reported accepting the second phase of a U.S. peace plan. Israel maintained its position, insisting on the complete disarmament of Hamas before withdrawing its military forces.

Sources: Beta, CDM (Cafe del Montenegro), Dan, Vijesti

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Russian authorities increase focus on Serbia amid domestic pre-election repression

Russian authorities increase focus on Serbia amid domestic pre-election repression

Moscow is focusing on Serbian elections while maintaining internal crackdowns ahead of September's domestic vote, amid ongoing fears of post-election mobilization.

Russian state officials are expanding political focus beyond domestic pre-election repression to monitor upcoming snap elections in Serbia. Senior Moscow officials have frequently warned against a potential "color revolution" in Belgrade, echoing messaging used by Serbian pro-government media.

This external focus coincides with ongoing internal crackdowns ahead of September's parliamentary elections in Russia. Authorities recently outlawed the anti-war party Yabloko and handed politician Lev Shlosberg an 11-year prison sentence. Public anxiety over a potential post-election military mobilization remains high, prompting some citizens to sell assets and attempt to flee the country to avoid conscription following heavy losses in Ukraine. Analysts also note systemic governance risks associated with the lack of a clear succession plan for 73-year-old President Vladimir Putin.

Sources: Avaz, Danas, Klix, N1, Vijesti

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