EU foreign ministers have agreed to designate Iran’s Islamic Revolutionary Guard Corps (IRGC) as a “terrorist organization,” the bloc’s foreign policy chief, Kaja Kallas, announced on Thursday.
US Secretary of War Pete Hegseth has declared that the military is fully prepared to “deliver whatever” President Donald Trump orders regarding Iran, as a major naval armada moves toward the region.
Washington’s closest Gulf allies – Saudi Arabia and the United Arab Emirates – have said they will not permit their territory or airspace to be used for US military action against Iran.
The price of gold has continued to rally on Wednesday, reaching above $5,300 per ounce to an all-time high. The rally has been attributed to strong safe-haven demand amid geopolitical uncertainty and a weakening US dollar.
American military assets – including an aircraft carrier, warplanes, and air-defense systems – are massing in the Middle East after US President Donald Trump promised that “help is on its way” to protesters in Iran.