TRUMP SIGNALS POSSIBLE ACTION AGAINST IRAN AS TEHRAN WARNS OF WIDER RETALIATION

What happened: Trump said the US may go "a little bit further" against Iran and is not negotiating, while Iran's IRGC warned of wider retaliation and an "offensive and asymmetrical" defence posture. Key numbers: IRGC claimed three additional vessels struck mines west of the Strait of Hormuz. Iran presented seven new conditions through mediators. Explosions were reported in Hormozgan province on October 22. Why it matters: Both sides have hardened positions, raising risks for shipping, energy prices, aviation, and Gulf residents, with the Strait of Hormuz central to global oil flows.

Trump said the US may go "a little bit further" against Iran and is not negotiating, while Iran's IRGC warned of wider retaliation and an "offensive and asymmetrical" defence posture.

Both sides have hardened positions, raising risks for shipping, energy prices, aviation, and Gulf residents, with the Strait of Hormuz central to global oil flows.