The forces of the Central Command of the United States they hit more than 80 targets in Iran “in response to Tehran's actions against ships in the Strait of Hormuz“For Tehran it was a breach of the memorandum of understanding"There will be retaliation," Iranian Foreign Ministry spokesman Araghchi said. Alarm sirens sounded in Bahrain and Kuwait, where drone and missile response systems were activated. Explosions were heard from aerial interceptions. Alert issued for the populationIran's chief negotiator, Ghalibaf, called the "violation of the memorandum" and the "reintroduction of oil sanctions" "serious." "The era of bullying and extortion is over. We will not give in," he concluded. Trump, for his part, attacked Iran, calling it "sick" and "a liar." The ceasefire "is over," he added.
US-Iran, government bond yields under pressure
In all this, the Eurozone government bond yields they immediately took off rising after the new tensions in the Middle East and the oil and gas prices soarThe yield on the benchmark 10-year BTP, maturing July 1, 2036, rose to 3,83% from 3,76% at yesterday's close. The Bund returned above 3% for the first time since mid-June. The spread widened, with the 10-year German bond returning to 80 points from 78 at the previous close. The 80-point threshold in the BTP-Bund spread had not been reached since the early May sessions.
US-Iran, Axios: Trump's order from the NATO summit
What is also striking, however, is the timing of what happened. Trump approved the plan to attack Iran and ordered its execution while he was in Türkiye for the NATO summit. He reports it Axios Quoting a U.S. official, the source explains, the president held a meeting in Ankara with Defense Secretary Pete Hegseth, State Secretary Marco Rubio, Treasury Secretary Scott Bessent, and Chairman of the Joint Chiefs of Staff General Dan Caine. According to the official, "It's not yet clear how long the attacks will continue. We will receive an assessment of the results of the strikes and make decisions later."
US-Iran, Tehran's response
"I repeated illegal attacks against Iran, together with the decision last night by the US Treasury Department to revoke the license to sell Iranian oil, a commitment made by the US government under Article 10 of the Memorandum of Understanding, the violation of the Iranian agreements in the Strait of Hormuz, as well as the continued military aggression and terrorist acts of the Zionist regime against Lebanon, they have rendered ineffective important and fundamental parts of the agreement to end the war"The Iranian Foreign Ministry wrote this in a statement, released by the Fars news agency. "The responsibility for the dangerous consequences of this escalation of tension lies with the US regime, which has broken its promise," it continues.
“The Ministry of Foreign Affairs also strongly emphasizes the international legal obligation of all governments, especially of neighboring countries located on the southern coast of the Persian Gulf – the note continues – to prevent attackers from using their territory and infrastructure to carry out aggressive acts against the Islamic Republic of Iran, and reiterates that any cooperation in the commission of the crime of aggression against Iran constitutes complicity and participation in the crime.”
