Trump demands Iran compensate Middle Eastern countries for damages
Tehran says Hormuz reopening hinges on reparations for war damage
Iran’s Supreme Leader appoints senior commanders to key positions in General Staff, IRGC and Basij
US signals shift towards economic pressure on Iran
US has extended a limited waiver of the Jones Act for another 90 days to support domestic fuel supplies amid disruptions caused by the Iran war, according to a White House spokesperson.
The extension allows foreign-flagged vessels to transport certain energy resources between US ports, easing restrictions imposed under the century-old shipping law.
Unlike the previous blanket waiver, the new extension will be applied on a voyage-by-voyage basis.
The Pentagon will consult the US Maritime Administration to determine whether individual shipments qualify, according to White House spokeswoman Taylor Rogers.
The Israeli army has carried out explosions, artillery shelling, a ground incursion and house burnings in southern Lebanon on Monday in continued violations of the ceasefire, according to Lebanon's state news agency.
The National News Agency (NNA) said Israeli forces fired machine guns toward Wadi al-Salouqi in Nabatieh governorate and shelled the town of Mansouri in southern Lebanon overnight.
Israeli forces also carried out two explosions in the Mansouri area, the agency added.
German Foreign Minister Johann Wadephul has urged Iran to engage constructively in negotiations with regional countries and the US to bring the ongoing conflict to an end.
In a post on the US social media platform X, Wadephul said he made the call during a phone conversation with Iranian Foreign Minister Abbas Araghchi.
“I urged Iran to finally engage constructively in negotiations with regional neighbours & USA in order to bring the conflict to an end,” he said.
He also called for the unconditional reopening of the Strait of Hormuz, a key maritime route for global energy supplies.
“The Strait of Hormuz needs to be opened unconditionally, ensuring free and safe navigation for all,” he added.
US President Donald Trump’s administration has extended a limited waiver of the Jones Act for another 90 days on Monday to support domestic fuel supplies amid disruptions caused by the Iran war, according to a White House spokesperson.
The extension allows foreign-flagged vessels to transport certain energy resources between US ports, easing restrictions imposed under the century-old shipping law.
US Treasuries have declined, in line with weakness across European bond markets, as investors braced for key inflation readings this week that could point to persistent price pressures, while keeping a close eye on continued geopolitical tensions in the Middle East as oil prices rose.
The move reversed part of Friday's rally, which followed weaker-than-expected US nonfarm payrolls data, as traders re-established short positions and pared long exposure.
Oil prices jumped about five percent as the United States and Iran remained far apart on terms to reopen the vital Strait of Hormuz.
International benchmark Brent oil gained 5.0 percent to $87.72 a barrel, while US benchmark West Texas Intermediate surged 5.1 percent to $82.13 a barrel.
Iran’s Supreme Leader Mojtaba Khamenei issued decrees appointing six senior military commanders, including successors to four commanders killed in the Israeli-US attacks, according to Iranian state broadcaster IRIB.
Ali Abdollahi was appointed chief of staff of the Armed Forces, succeeding Abdolrahim Mousavi, while Ahmad Vahidi was named commander-in-chief of the IRGC, succeeding Mohammad Pakpour.
In separate decrees, Kioumars Heydari was appointed deputy chief of staff of the Armed Forces, while Mostafa Izadi was named deputy commander-in-chief of the IRGC.
Khamenei also appointed Ali Azmaei commander of the IRGC Navy, succeeding slain Alireza Tangsiri.
Hossein Taeb was appointed head of the IRGC’s Basij Organisation, succeeding slain Gholamreza Soleimani.
The US president says decades of attacks and deaths linked to Tehran should be part of negotiations as pressure mounts over the Strait of Hormuz.
Yemen's army targeted Houthi fighters, military vehicles and positions with drones across several fronts in the central Marib province, according to the Armed Forces Media Center.
The centre said Yemeni military drones targeted Houthi fighters on the Alam front in the Sixth Military Region, as well as the rear area of a Houthi camp on the same front.
Yemeni forces also targeted Houthi fighters in the Al-Zour-Rawdat Jaham area, as well as their air defence systems and a mortar position in the Al-Radha Mountains, it said.
Other drone strikes targeted Houthi equipment in the Al-Kasara sector and Houthi fighters on the Al-Akad front, the centre said.
Yemen's Presidential Leadership Council says the government has exercised restraint in pursuit of peace and will no longer tolerate Houthi attacks without consequences.
Maritime traffic through the Strait of Hormuz declined sharply over the weekend as confirmed vessel crossings fell from 15 on Friday to 11 on Saturday and six on Sunday.
A total of 32 vessels transited the strategic waterway between August 7 and 9, with routing remaining concentrated, including 17 movements through the Iranian Unilateral Scheme and 10 classified as route undetermined, maritime tracker MarineTraffic announced.
Meanwhile, the Bab al-Mandeb Strait recorded significantly higher activity, registering 116 confirmed crossings during the same three-day period.
Daily vessel movements through Bab al-Mandeb held relatively steady, recording 43 transits on Friday, 37 on Saturday and 36 on Sunday.
European natural gas prices jumped around 8 percent, nearing $70 per megawatt-hour amid uncertainty over the normalisation of shipping through the Strait of Hormuz.
Benchmark Dutch TTF futures climbed to nearly $70 per megawatt-hour as of 1345 GMT, recouping most of the previous week’s losses, according to market data.
Iran’s Supreme Leader Mojtaba Khamenei and President Masoud Pezeshkian held a seven-hour-long meeting to discuss challenges facing the country, Iranian media reported.
"Maintaining unity and cohesion was the most important advice that the Supreme Leader of the Revolution emphasised," the official IRNA news agency quoted Pezeshkian as saying.
He said the meeting primarily focused on people’s livelihoods, employment and housing, as well as "the problems caused by sanctions.”
The foreign ministers of Saudi Arabia and Pakistan discussed regional issues and multilateral cooperation after the signing of a regional defence pact last week.
In a phone call, Ishaq Dar and his Saudi counterpart Faisal bin Farhan stressed the importance of continued "close" coordination and cooperation, both bilaterally and at multilateral forums, a statement by Pakistan's Foreign Ministry said.
Japanese Prime Minister Sanae Takaichi urged the resumption of free and safe passage through the Strait of Hormuz during a phone call with Omani Sultan Haitham bin Tariq Al Said.
Haitham responded that Oman would consult with and respect the views of countries that use the waterway, Takaichi told reporters at her office in Tokyo, according to Kyodo News.
Oman and Iran are negotiating transit through the Strait of Hormuz.
UAE's state-run Cyber Security Council thwarted cyber attacks targeting the Gulf country's aviation, energy and education sectors, the Emirati state news agency reported.
Iran's foreign ministry said that a defence pact signed last week between Saudi Arabia, Türkiye and Pakistan was "a sign of a change in the perception" of countries in the region towards the United States.
"The countries of the region have realised that security is not a commodity that can be bought from false brokers," said ministry spokesman Esmaeil Baqaei at a weekly press conference, referring to the United States, an ally of the three signatories to the pact.
The Israeli army carried out a bombing and artillery shelling of positions in southern Lebanon amid its ongoing violations of an ongoing truce.
The Israeli forces fired machine guns toward Wadi al-Salouqi in southern Lebanese governorate of Nabatieh and shelled the town of Mansouri with artillery overnight, Lebanon's state-run National News Agency (NNA) reported.
Kfar Tebnit was also bombed, the agency noted, adding that the outskirts of the town of Nabatieh al-Fawqa were subjected to intermittent artillery shelling.
No information was immediately available regarding casualties or material damage.
European shares were little changed as uncertainty over the reopening of the Strait of Hormuz kept oil prices elevated. The STOXX 600 held at 660.12 points after gaining 1.7 percent last week to a record high.
Iran said it was nearing a pact with Oman on new shipping lanes through the Strait but said the US must meet other conditions before reopening the waterway. Brent crude rose 0.6 percent to $83.98 a barrel.
Investors are watching euro zone employment and US inflation data for clues on interest rates, while STOXX 600 second-quarter earnings are expected to rise nearly 21 percent, according to LSEG estimates.
Oil prices rose as Iran's demands for reopening the Strait of Hormuz raised concerns over prolonged disruptions to global energy markets.
International benchmark Brent crude futures for October delivery climbed 1.09 percent to $84.46 a barrel, while US West Texas Intermediate futures for September rose 0.84 percent to $78.84.
Despite the energy market volatility, Asian stocks rose, with Japan's Nikkei 225 gaining 2.1 percent, South Korea's Kospi up 0.7 percent and Hong Kong's Hang Seng Index 0.6 percent higher.
US Democratic Senator Chris Murphy has said that President Donald Trump has “lost this war” with Iran, arguing that continued fighting is weakening the US while strengthening Tehran.
“America is weaker. Iran is stronger,” Murphy told NBC, saying he would support even a “bad deal” to end the war and reopen the Strait of Hormuz.
He said the cost of reopening the strategic waterway was rising as negotiations remained stalled.
The US Central Command (CENTCOM) has said that American forces redirected 55 commercial vessels, disabled two and boarded two others as part of strict enforcement of a US blockade against Iran.
CENTCOM said in a post on the US social media platform X that US sailors were standing watch aboard the USS Ross (DDG 71), one of more than 20 US warships deployed to the Middle East in support of military missions, including enforcement of the blockade.
The command did not provide additional details about the vessels or the circumstances surrounding the actions in its post.
Oil prices have risen as uncertainty continues over the reopening of the Strait of Hormuz, with Iran saying a deal with Oman defining new shipping lanes was in its final stages, but the US must still meet other conditions.
Brent crude futures rose $1.20, or 1.44%, to $84.79 on Sunday, while US West Texas Intermediate was at $79.29 a barrel, or 1.08%, rising $1.12.
Iran will not give up control of the Strait of Hormuz under any circumstances, the head of the country’s Expediency Council has said.
Ayatollah Sadegh Amoli Larijani, whose council is tasked with resolving disputes between Iran’s top legislative institutions, said sovereignty over the strategic waterway belongs to Iran.
“We will not retreat at any cost, and the Strait of Hormuz will not return to its previous conditions,” he stated.
The US President says Washington is “only semi-negotiating” with Tehran while closely monitoring Iran’s deteriorating economy.


The former commander-in-chief of Iran's Revolutionary Guard, Mohsen Rezaei, has been named head of the country's highest national security body, the Iranian presidency announced.
"In light of the resignation of Mohammad Bagher Zolghadr from his position as secretary of the Supreme National Security Council and his appointment to new functions, President Masoud Pezeshkian has named Mohsen Rezaei as the head of this body," presidency spokesperson Mehdi Tabatabaei said on X.
Earlier, Iran’s Supreme Leader Mojtaba Khamenei appointed Rezaei as his representative to the Supreme National Security Council.
“Considering your valuable experience, I am hereby appointing you, who were one of the first commanders in the triumphant 8-year Sacred Defence, to be my representative in the Supreme National Security Council,” Khamenei said on X.
Iran uses the term “Sacred Defence” to refer to the 1980–1988 Iran-Iraq War.
Rezaee commanded the Revolutionary Guard from 1981 to 1997 and is a member of Iran’s Expediency Discernment Council, an assembly that resolves differences between parliament and the Guardian Council, a 12-member body that vets candidates for office as well as legislation.
Khamenei had appointed Rezaei as his military adviser in March.
After months of US military strikes on Iran, sanctions and a blockade, President Donald Trump has said that his administration is watching economic pressure mount on Iran, according to an interview with Axios.
"We are low-keying it," Trump was quoted as saying during a brief phone call.
"We are only semi-negotiating with them. We are just watching Iran with its huge inflation and the fact they have no money."
Foreign Minister Abbas Araghchi says Tehran will not return to negotiations until Washington fulfils its commitments, as a separate Iran-Oman agreement on the Strait of Hormuz nears completion.
Footage shows Iran’s supreme leader surrounded by several people, apparently speaking to them.


Trump demands Iran compensate Middle Eastern countries for damages
Tehran says Hormuz reopening hinges on reparations for war damage
Iran’s Supreme Leader appoints senior commanders to key positions in General Staff, IRGC and Basij
US signals shift towards economic pressure on Iran



