US-Israel-Iran War Latest News: Iran has warned that it will no longer honor the memorandum of understanding signed with the United States if Washington fails to fulfill its commitments to end the ongoing conflict, as oil prices surged and military tensions spread across the Middle East.
Speaking at a press conference in Tehran on Monday, Iranian Foreign Ministry spokesman Esmaeil Baqaei said Iran would respond in kind whenever the other party failed to meet its obligations.
“Each time that the other party has failed to meet its obligations, we did not uphold ours… We will continue to act in this manner,”
— Esmaeil Baqaei, Iranian Foreign Ministry spokesman
The remarks came after a fresh round of hostilities between Iran and the United States.
US-Israel-Iran War Latest News: Iran Warns Over US Commitments
Iran’s statement marks a significant escalation in diplomatic pressure following the recent fighting. Tehran indicated that the future of the memorandum depends on whether Washington follows through on its pledge to end the war.
The warning comes amid heightened concerns over military exchanges and their impact on regional stability.
US-Israel-Iran War Latest News: Asian Markets Slide On Conflict Fears
Asian stock markets reacted negatively to the latest military developments.
|
Index |
Change |
|
Nikkei 225 |
-2.2% |
|
Kospi |
-8.2% |
|
Shanghai Composite |
-1.9% |
|
Hang Seng |
+0.1% |
South Korean technology shares were hit particularly hard, with SK Hynix dropping 13.3% and Samsung Electronics falling 10.5%.
U.S. stock futures also weakened, with Nasdaq futures down 1.3%, reflecting investor concerns over escalating geopolitical risks.
US-Israel-Iran War Latest News: Iran’s Revolutionary Guards Claim Strikes In Bahrain And Oman
Iran’s Islamic Revolutionary Guard Corps said it carried out strikes against targets in Bahrain and Oman. According to a statement carried by the Sepah news outlet, the Guards claimed they targeted U.S. military facilities in Juffair, Bahrain, and destroyed radar systems in Oman.
“In addition to targeting US military facilities and infrastructure in Juffair, Bahrain… the navy of the Revolutionary Guards has targeted and destroyed the long-range airborne FPS radar and the ship-detection radar in the Sultanate of Oman.”
— IRGC statement via Sepah
Independent verification of the claims was not immediately available.
US-Israel-Iran War Latest News: Jordan Intercepts Iranian Missiles
Jordan said its air defense systems shot down four Iranian missiles that entered Jordanian airspace early Monday.
A military source said the missiles were intercepted without causing casualties or property damage.
“At dawn today, air defence systems intercepted and shot down four missiles that had entered Jordanian airspace from Iranian territory.”
— Jordanian General Staff source
Tehran had described the missile launches as retaliation for recent U.S. strikes.
US-Israel-Iran War Latest News: What This Means For Global Markets
The latest escalation has renewed concerns about:
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Potential disruptions to oil supplies through the Strait of Hormuz
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Rising energy prices worldwide
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Increased military confrontation across the Middle East
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Volatility in global equity markets
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Further strain on U.S.-Iran diplomatic efforts
Analysts are closely watching whether the interim understanding between Washington and Tehran can survive the current round of military exchanges.
(The information is based on inputs from agencies)
