Iranian Currency Hits All-Time Low As Tehran Threatens 'Unprecedented' Response To US 'Maritime Piracy'

US, Israel Insist Iran Ceasefire Doesn't Apply In Lebanon, Which Suffers Huge Airstrikes Israel has made clear that it doesn't see the newly declared US-Iran ceasefire as applying to its war in Lebanon, where it is still trying to destroy Hezbollah. The White House too has made its stance clear that it doesn't apply, but President Trump has stated his intent to take care of a Lebanon ceasefire separately.  The military has unleashed hell on Beirut, southern Lebanon, and the eastern Bekaa valley overnight and through Wednesday - with Beirut suffering...

Europe Drafts Pie In The Sky Plan To Free Up Hormuz Without 'Belligerent' Parties This is quite the ambitious headline revealing the latest 'plan' for Hormuz to come out of Europe, as it sits on the sidelines watching the US get potentially bogged down in the region following a month of heavy airstrikes on Iran: Europe drafts postwar plan to free up Strait of Hormuz without US, WSJ reports. This is apparently a plan for after the main crisis is over, amid the strait still being blockaded (with the each warring side insisting...

'Mediator' Pakistan Hosted Iranian Military Aircraft To Insulate Them From US Attacks, Graham Fumes At Islamabad Summary CBS reports Pakistan sheltered Iranian military planes, Sen. Graham outraged, calls for 'reevaluation'. US President blasts 'piece of garbage' Iran response, says ceasefire on 'life support', reportedly mulls renewed military action; US Treasury imposes yet more sanctions. Trump mulls restarting Project Freedom in Hormuz and says forcibly retrieving 'nuclear dust' is still on the table, oil jumps on headline. Iran Foreign Ministry: "Everything we proposed in the text was reasonable and generous." However, US officials insist on their "unreasonable demands." Saudi Arabia...