The conflict is likely to exacerbate volatility across global markets, which have already swung wildly this year owing to Trump's tariffs and a sharp tech selloff.
Trump confirms "major combat operations" in Iran; Israel declares "state of emergency"; FO issues travel advisory for Pakistanis in Iran; Tel Aviv strikes Lebanon too.
"He’s curious as to why they haven’t… I don’t want to use the word ‘capitulated’, but why they haven’t capitulated,” Witkoff says in interview with Trump's daughter-in-law.
With his huge build-up of forces around Iran, and frequent threats targeted at the Islamic Republic, the US president has created a very difficult situation for himself.
“World powers are lining up to force us to bow our heads … but we will not bow our heads despite all the problems that they are creating for us,” he says.
“The most I can say — I am considering it," Trump says when asked whether he is contemplating a limited military strike; USS Gerald Ford aircraft carrier seen entering the Mediterranean Sea.
“Switzerland stands ready at all times to offer its good offices to facilitate dialogue between the United States and Iran,” Swiss foreign ministry spokesperson says.
