IRAN WAR UPDATES : TRUMP ACCUSES IRAN OF LYING ABOUT STRIKES ON SHIPS TO DRIVE UP OIL PRICES BEFORE MIDTERM – YA LIBNAN

What happened: President Trump accused Iran of fabricating reports of ships hitting mines or being struck in the Strait of Hormuz to drive up oil prices before the midterms. Why it matters: The IMF's regional director said Houthi attacks have had a "limited" economic impact on Saudi Arabia so far, citing strong domestic demand and a robust public sector, though geopolitical uncertainty remains a threat. Aramco's bypass pipeline has more than tripled as crude shipments are squeezed by Iran's blockade of the Strait of Hormuz. Coverage: 5 outlets in 24h

President Trump accused Iran of fabricating reports of ships hitting mines or being struck in the Strait of Hormuz to drive up oil prices before the midterms.

The IMF's regional director said Houthi attacks have had a "limited" economic impact on Saudi Arabia so far, citing strong domestic demand and a robust public sector, though geopolitical uncertainty remains a threat. Aramco's bypass pipeline has more than tripled as crude shipments are squeezed by Iran's blockade of the Strait of Hormuz.