Iran's Revolutionary Guards said they are completing preparations to enforce new operating conditions in the Strait of Hormuz, which has been all but shut since the war with the United States and Israel began.

Iran and the United States have received a plan to end hostilities that could take effect today and reopen the Strait of Hormuz, a source familiar with the proposals tells Reuters.

Iran launched fresh attacks across the Middle East on Monday and threatened "devastating" retaliation, after US President Donald Trump's expletive-laced warning that Tehran must reopen the Strait of Hormuz.

Pakistan will repay $3.5bn to the UAE before month-end following a demand from Abu Dhabi, prioritising “national dignity” despite financial strain.

Iran's oil exports from the key island of Kharg have increased even as the war with the United States and Israel rages, Iranian media reported on Saturday.

Iran shot down two U.S. military planes in separate attacks Friday, with one service member rescued and at least one missing, in a dramatic escalation since the war began nearly five weeks ago.

The Iranian military has shot down a US F-35 fight jet over its territory, local media outlets, including Tasnim news agency, have claimed. US officials confirmed the loss of an F-15 jet and claimed that one pilot has been rescued.

With the Strait of Hormuz largely shut, global oil prices have surged, shaking markets worldwide. Meanwhile, a proposal from former Iranian diplomat Mohammad Javad Zarif hints at possible negotiations, though fighting continues and uncertainty dominates the region.

Strikes on key sites, rising civilian casualties, and Iran’s continued attacks across the Gulf are intensifying fears of a prolonged war. Meanwhile, global efforts to reopen the Strait of Hormuz remain stalled, driving oil prices higher and deepening economic uncertainty worldwide.

Iran fired on targets across the Middle East, sparking multiple blazes at a Kuwaiti oil refinery

Steve Bannon, a former adviser to US President Donald Trump, has called for Israeli Prime Minister Benjamin Netanyahu's son Yair Netanyahu to be expelled from the United States and sent to fight on the front lines as the two countries' joint strikes on Iran continue.

Iran's president asked the people of the United States if the Middle East conflict was truly putting "America First", accusing the US of war crimes and being influenced by Israel ahead of a much-anticipated address by Donald Trump.