Iran has threatened the United States with new measures it describes as economic warfare, including missile action, and vowed to establish a maritime exclusion zone, according to TimesLIVE. The reported threats come as US sanctions on Tehran intensify and as Houthi forces launched an attack on Saudi Arabia. The developments signal heightened tensions across the Gulf region involving Iran, the United States and its regional allies.

The United States has eased oil sanctions on Iran for a period of 60 days following Iran's agreement to permit international nuclear inspections. This development comes on the 116th day of the ongoing conflict, while a ceasefire in Lebanon remains in effect, according to Al Jazeera.

South Korea is facing mounting pressure from Washington to support a US naval blockade of Iran, while Tehran has threatened consequences if Seoul complies, according to Al Jazeera. The situation leaves the South Korean government reluctant and caught between its security alliance with the United States and its interests with Iran. The report examines how Seoul is navigating the diplomatic and strategic dilemma created by the escalating US-Iran conflict.

US threats to penalise countries that trade with Iran could disrupt Spain's supply of saffron, a key ingredient in paella, according to Al Jazeera. Much of the world's saffron is grown in Iran, and potential sanctions enforcement against Iran's trade partners would raise costs and create uncertainty for Spanish importers, chefs and exporters who rely on the spice. The report highlights how geopolitical trade pressure can ripple into everyday food supply chains and culinary traditions.

Pakistan is set to host the next round of US-Iran talks on July 11, according to unnamed sources. The discussions will reportedly focus on several key issues, including US sanctions on Iran, the status of Iranian frozen assets, and matters related to the Iranian nuclear program.

South Africa and Iran have strengthened their diplomatic relations following a meeting that reaffirmed support for the US-Iran peace memorandum. This development indicates a collaborative approach between the two nations in the context of international diplomacy.