Major Iranian carriers suspended international routes as new US sanctions took effect, threatening secondary penalties against foreign aviation providers.

Cuba was plunged into darkness as its entire electricity grid suffered a total disconnection, leaving millions of residents without power amid a deepening crisis.

European equities opened on a cautious footing as traders positioned themselves for upcoming US Treasury sanctions on Iran and monitored surging gold prices.

Iran has threatened to halt all Persian Gulf oil exports and retaliate against any neighbouring countries participating in a fresh US economic campaign.

Iran has threatened to target American businesses and allies over upcoming economic sanctions, marking a major escalation that includes a recent cyber attack on a British power plant.

Iranian President Masoud Pezeshkian has acknowledged severe domestic struggles as Washington prepares a fresh wave of economic measures against Tehran.

Iran's security chief has warned neighboring countries that joining US economic pressure campaigns will result in direct retaliation against their commercial interests.

Iran's security chief warned neighbouring states that cooperating with Washington's new economic pressure campaign will result in retaliation.

As Washington launches an unprecedented financial squeeze against Tehran, analysts warn the strategy risks failing due to Iran's resilience against economic hardship.

Iran's Supreme National Security Council insists the Strait of Hormuz will remain shut to shipping until the US meets a series of stringent demands.

Iran and Oman are nearing a temporary maritime traffic agreement for the Strait of Hormuz, though Tehran conditions a full reopening on the US.