US President Donald Trump has signed a sweeping new sanctions law targeting Russia and Iran, escalating Washington’s economic pressure as the wider Iran war continues to reshape the geopolitical landscape. The legislation expands the pressure on Russia while extending existing Iran sanctions, with the new framework also giving Washington additional tariff powers against major buyers of Russian energy. At the same time, Trump has said the Iran war could come to an end soon and suggested that energy prices could eventually fall sharply once the conflict winds down. The comments come as disruption around the Strait of Hormuz continues to keep global oil markets on edge, with the wider Middle East conflict raising fresh concerns over energy security and shipping routes. Meanwhile, Tehran is pushing for a diplomatic route to revive the Islamabad Memorandum of Understanding with the United States. Iranian officials say efforts are underway to resolve outstanding issues and expect the other side to honour its commitments under the agreement. Pakistan has also stressed the importance of implementing the Islamabad MoU as a way to help defuse regional tensions.

Iran has launched a major ballistic missile barrage towards Jordan, with the IRGC claiming its missiles targeted a US-linked military facility and caused heavy damage to aircraft-related infrastructure. According to Iranian claims, the operation targeted Al-Azraq air base in Jordan, with areas used by US F-35, F-16 and F-15 fighter aircraft allegedly coming under attack. Iranian media has also identified Muwaffaq Al-Salti Air Base as the reported target, although the claims of damage remain unconfirmed. Jordanian authorities say their air defences intercepted 18 of 20 Iranian missiles detected heading towards the country's territory. Footage circulating from Jordan appears to show projectiles and explosions in the night sky as the country responds to the incoming barrage. WATCH