Iran Israel War Live Updates: US expands economic offensive on Iran, says Bessent, cites major hit to oil and financial networks
Gulf leaders met in Saudi Arabia to discuss the regional crisis triggered by the US-Israel conflict with Iran. An Iranian army spokesperson stated that Iran remains in a 'war situation' due to the Strait of Hormuz.
Gulf leaders gathered in Saudi Arabia to discuss the regional crisis caused by the US-Israel conflict with Iran. This was their first in-person meeting since the conflict began two months ago. Saudi Crown Prince Mohammed bin Salman greeted the Gulf Cooperation Council (GCC) leaders upon their arrival in Jeddah. An Iranian army spokesperson said Iran is still in a 'war situation' as the Strait of Hormuz remains a major issue in negotiations. The US has expanded its economic offensive on Iran, impacting oil and financial networks.
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