The World in Brief from The Economist

Israel’s defence minister said his country was prepared to resume attacks on Iran and would do so “with even greater force”, as fighting between America and Iran escalated; Kevin Warsh, the Federal Reserve chairman, named academics, business leaders and bankers to lead new task forces at America’s central bank.

Iran struck American bases in Bahrain and Kuwait.  Also, oil prices jumped following the escalation in fighting.

America said it launched fresh strikes on Iran for “unjustified aggression against commercial shipping”, hours after Donald Trump declared the ceasefire “over”.

America said it launched fresh strikes on Iran for “unjustified aggression against commercial shipping”, hours after Donald Trump declared the ceasefire “over”; At NATO’s summit in Turkey Mr Trump said he would “cut off” all American trade with Spain, calling it a “terrible partner” because of its low defence spending.

Donald Trump said the ceasefire between America and Iran was “over” after renewed fighting between the two countries. Also, At NATO’s summit in Turkey Mr Trump said he would “cut off” all American trade with Spain.

America said it launched “powerful strikes” on Iran in response to reported Iranian attacks on ships sailing through the Strait of Hormuz.

Marine Le Pen, a French populist-right leader, said she would stand in next year’s presidential election, after an appeals court shortened her prison sentence and ban on running for public office; Nigel Farage, leader of the populist-right Reform UK party, said he would resign as an MP.

American officials said that Iranian forces struck two ships sailing through the Strait of Hormuz. Also, Israel dismissed Hamas’s announcement that it would hand over some of its powers to run Gaza to an American-backed body.