US-Israel-Iran War Latest News: ‘Fake Intelligence’ More Dangerous Than Fake News, Araghchi Blames US Intelligence Failures – Iran Seeks BRICS Bank Membership Amid War

US-Israel-Iran War Latest News: Abbas Araghchi accuses the US of intelligence failures as Iran moves toward the BRICS bank, while doubts emerge over an alleged Iranian threat to Trump.

By: Neerja Mishra
Last Updated: August 13, 2026 17:02:12 IST

US-Israel-Iran War Latest News: Iran has intensified its criticism of Washington as the US-Israel-Iran war continues, with Foreign Minister Abbas Araghchi accusing the US of making serious intelligence mistakes that helped drive the war.

Tehran has also moved to deepen its economic ties with the BRICS-led financial system, while fresh reports have raised questions about the intelligence used to assess a possible Iranian threat to President Donald Trump. 

US-Israel-Iran War Latest News: Araghchi Says US Made Major Intelligence Miscalculations

Iranian Foreign Minister Abbas Araghchi has accused Washington of relying on flawed intelligence while making major decisions during the conflict.

Araghchi said US intelligence failures contributed to what he described as strategic miscalculations, including the decision to launch military action against Iran. He also pointed to the Strait of Hormuz as another example of what he considers a serious error in Washington’s assessment of the situation.

“Worse than fake news is fake intelligence,” Araghchi said, warning that inaccurate intelligence can have much more serious consequences when governments use it to make military decisions. The Iranian foreign minister argued that Washington’s actions demonstrate how intelligence assessments can shape military policy and lead to wider regional consequences.

US-Israel-Iran War Latest News: Iran Says US ‘Miscalculated’ Over Strait of Hormuz

Araghchi has also targeted Washington’s approach to the Strait of Hormuz, describing it as an even bigger strategic miscalculation.

Iran has repeatedly rejected US claims that Washington can ensure control of the waterway and guarantee shipping through the strait. Tehran has instead presented Hormuz as a major source of strategic leverage in its confrontation with the United States.

The dispute has become increasingly important because the waterway carries a major share of global oil and gas shipments. Any prolonged disruption can affect shipping costs, energy prices and supply chains far beyond the Gulf.

US-Israel-Iran War Latest News: Iran Moves Closer to BRICS Development Bank

Iran is also looking to strengthen its economic links with the BRICS financial system as Western sanctions continue to put pressure on its economy. Iranian Central Bank Governor Abdolnaser Hemmati said Tehran will soon join the New Development Bank (NDB), the multilateral financial institution created by the BRICS countries.

The announcement came ahead of a BRICS finance ministers and central bank governors’ meeting in India, which holds the group’s rotating presidency in 2026. Reuters reported that Iran has sought closer financial cooperation with emerging economies and greater use of national currencies for trade.

However, the NDB had not officially confirmed Iran’s membership at the time of the report. The bank has continued to expand its membership beyond the five original BRICS countries and has encouraged further expansion.

US-Israel-Iran War Latest News: Why Iran Wants BRICS Bank Membership

Iran’s push to join the NDB comes as Tehran seeks alternatives to Western financial channels.

The New Development Bank focuses on infrastructure and sustainable development financing and allows members to work through a broader multilateral financial framework. The institution has also promoted financing in local currencies, which can reduce dependence on the US dollar.

For Tehran, deeper involvement with the NDB could therefore support its wider effort to expand economic ties with emerging-market economies.

The move also carries a geopolitical message. As the US and Iran remain locked in a military confrontation, Tehran is seeking stronger links with countries and institutions that can help reduce the impact of Western economic pressure.

US-Israel-Iran War Latest News: US Intelligence Questioned Iranian Threat Against Trump

A separate development has raised questions over the intelligence used to assess an alleged Iranian threat against Trump.

US intelligence officials reportedly expressed doubts about the credibility of intelligence passed by Israel concerning an alleged Iranian plot to target the US president. The information prompted a highly secret security operation during Trump’s departure from Ankara following the NATO summit.

Trump was secretly moved from the expected aircraft to a smaller US military plane after leaving the presidential aircraft through an airport catering vehicle. Reuters reported that the operation was designed to protect him from a potential Iranian threat.

US-Israel-Iran War Latest News: Trump Plane Switch Raises Intelligence Questions

The secret aircraft switch became public only after the operation had already taken place.

Trump had initially been expected to travel from Turkey on the newer aircraft provided by Qatar. Instead, he secretly transferred to another military aircraft and travelled through the UK before continuing his journey.

The operation involved a decoy element, with some senior officials and journalists remaining on the original aircraft. Reuters reported that the unusual move reflected concerns over the security of the president amid heightened tensions with Iran.

The reported doubts within the intelligence community have since raised questions about how Washington evaluates threats linked to Iran.

US-Israel-Iran War Latest News: Araghchi’s Intelligence Claim Gains Fresh Context

Araghchi’s accusation about intelligence failures now comes as Washington faces renewed scrutiny over how it evaluates Iranian threats.

His warning that “fake intelligence” can prove more dangerous than fake news directly targets the role of intelligence assessments in decisions that can trigger military action.

At the same time, the reports about the Trump aircraft switch show that disagreements over intelligence credibility can exist even inside the US government. The contrasting developments are likely to keep intelligence at the centre of the political and military debate surrounding the US-Israel-Iran conflict.

US-Israel-Iran War Latest News: Iran-US Conflict Expands Beyond the Battlefield

The latest developments show that the confrontation between Tehran and Washington is no longer limited to military strikes.

The Strait of Hormuz remains a key strategic battleground, while Iran is attempting to strengthen its economic links through the BRICS financial system. At the same time, questions over intelligence assessments are adding another layer to the US side of the conflict.

Iran’s planned move toward the New Development Bank could also become important if Tehran succeeds in expanding financial cooperation with BRICS economies. Reuters reported that Iran sees closer ties with the bank as part of its broader effort to strengthen economic cooperation and reduce dependence on the US dollar.

US-Israel-Iran War Latest News: What’s Next?

The next phase of the conflict will likely depend on whether Washington and Tehran can resolve their differences over the Strait of Hormuz and return to serious negotiations.

For Iran, the immediate priorities include maintaining leverage over the strategic waterway, limiting the impact of sanctions and strengthening ties with non-Western financial institutions.

For the US, securing commercial shipping and assessing Iranian military and security threats remain major challenges.

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