Iran’s Islamic Revolutionary Guard Corps (IRGC) has announced the seizure of “one of the most modern, unmanned, and smart submarines” in the possession of the US military.

Global oil prices have surpassed $100 per barrel as escalating fighting between the US and Iran, and Houthi attacks on Saudi energy infrastructure, raised fears of further supply disruptions. Brent crude broke the threshold for the first time in nearly two months.

 The United States on Friday announced the approval of a $5 billion sale of bombs, guidance kits and other equipment to Saudi Arabia, which has been repeatedly attacked during the US-Israeli war against Iran.

A U.S. missile hit a home in southern Iran where dozens were gathered to celebrate the wedding of a fisherman’s daughter, according to a rights group and Iranian media.

Iran warned the United States on Friday that "pressure doesn't work" against the Islamic republic, calling on Washington to honour its commitments, after six months of conflict between the sworn enemies.

Iran has praised China for rejecting US threats to impose sanctions on countries that continue to trade with the Islamic Republic, with Parliament Speaker Mohammad Bagher Ghalibaf saying on Wednesday that Tehran’s strategic partnership with Beijing “needs no one’s permission.”

US grain farmers have been plunged into their worst financial crisis in four decades as the war with Iran drives up diesel and fertilizer costs, the Financial Times reported on Tuesday. The latest price shock compounds years of weak crop prices and falling incomes.

Iran has said that not “a single drop of oil” will leave the Persian Gulf and threatened to attack alternative export routes if neighboring states take part in the US economic pressure campaign against Tehran.

Iran's Revolutionary Guards warned on Thursday that Saudi Arabia will not be able to contain the Tehran-backed Houthis in Yemen as the rebels ramp up attacks on the kingdom.

Tehran will pay out cash rewards to any Iranian citizen who kills or captures a US serviceman, Army Chief Amir Hatami has announced, warning Washington against putting troops on Iranian soil.

A Syrian court on Tuesday sentenced ousted President Bashar Assad and his brother in absentia for murder, torture and crimes against humanity

Iran's foreign ministry said Monday that a defence pact signed last week between Saudi Arabia, Turkey and Pakistan was "a sign of a change in the perception" of countries in the region towards the United States.