What to know about the Iran war today:
- The U.S. and Iran are close to “some sort of an arrangement,” Pakistan’s Defense Minister Khawaja Asif told <a href="https://www.bloomberg.com/news/articles/2026-08-11/pakistan-said-us-iran-are-close-to-some-arrangement-on-peace" rel="nofollow noopener" target=”_blank”>Bloomberg in Islamabad on Tuesday. “Things are shaping up again in favor of a peace arrangement or a deal,” he said.Â
- President Trump told reporters Monday the U.S. controls the Strait of Hormuz and insisted Iran’s economy is suffering due to the war. Mr. Trump also mirrored Tehran’s demands of compensation for the damage caused by the conflict.
- The president secretly switched planes for his trip from Turkey at the end of last month’s NATO summit after U.S. intelligence detected a credible plot to fire a missile at Air Force One, CBS News has learned.
 16m ago
Iran has “astonished the whole world” in the war against the U.S., says foreign minister
Iranian Foreign Minister Abbas Araghchi told reporters on Tuesday that his country had “astonished the whole world” in the war against the United States and Israel, proving “that it is a tough and invincible power.”
“Our armed forces made tremendous sacrifices and managed to incapacitate and defeat what was ostensibly the largest army in the world. This is not a slogan; it is a reality that the entire world is acknowledging,” Araghchi said
“In the recent war, it was the Islamic Republic of Iran that proved itself to the world and demonstrated that it is a resilient and invincible power,” he said. “I have heard this repeatedly from foreign ministers and officials from other countries: ‘You Iranians have achieved something extraordinary.’ Those are their exact words. You astonished the entire world.”
Iran has refused to back down on demands that the U.S. end its blockade of Iranian ports, lift sanctions on the Islamic Republic and fulfill other conditions before Tehran will consider reopening the Strait of Hormuz
Iran effectively closed the strait after Israel and the U.S. attacked the country on Feb. 28. Attacks on the key waterway — through which roughly one-fifth of the world’s traded oil supplies passed before the war — and uncertainty around its future have kept energy prices a major focus of U.S. politics ahead of November’s midterm elections
 11:30 AM
U.S. stocks mixed as oil prices ease
Wall Street stocks were mixed early Tuesday as Treasury yields and oil prices eased ahead of key U.S. inflation data
About 20 minutes into trading, the Dow Jones Industrial Average was up 0.4% at 54,193.86
The broad-based S&P 500 was unchanged at 7,752.26, while the tech-rich Nasdaq Composite Index declined 0.3% to 26,523.91
Major U.S. indices dipped Monday as oil prices shot higher on escalating tensions between the U.S. and Iran over efforts to reopen the Strait of Hormuz
But oil prices edged lower on Tuesday
This week’s inflation reports will serve as inputs to the Federal Reserve on possible interest rate changes at meetings in September and later in the year
 10:55 AM
Pakistani interior minister meets Iranian foreign minister in Tehran
Pakistan’s Interior Minister Syed Mohsin Raza Naqvi met with Iranian Foreign Minister Abbas Araghchi in Tehran on Tuesday afternoon for talks
He also spoke to Iran’s Interior Minister Eskandar Momeni, state broadcaster IRIB reported
Pakistan’s defense minister told Bloomberg in Islamabad on Tuesday that the U.S. and Iran are close to “some sort of an arrangement.”
“Things are shaping up again in favor of a peace arrangement or a deal,” he said. “The signals in the last two three days are that we are close to some sort of an arrangement.”
 10:19 AM
4 killed in Houthi attack on ship in Bab el-Mandeb, says Yemen’s transport ministry
A Houthi missile attack on a commercial vessel in the Bab el-Mandeb strait Tuesday killed four crew members and wounded four others, according to Yemen’s Saudi-backed transport ministry
The ship, the Tihamah, which was carrying food supplies, was struck by three ballistic missiles, causing a fire and damage to the vessel, the ministry said. Three Pakistanis and one Indonesian were killed. One member of the rescue team was also wounded, according to the ministry
The ministry said another missile was fired at the vessel as rescue teams attempted to reach the crew and evacuate the wounded
Maritime tracking records reviewed by CBS News show the vessel arrived in Mokhata, Yemen, on Aug. 8 and didn’t broadcast a signal until the night of Aug. 10
 9:40 AM
Saudi drone targets Yemen’s Saada governorate, Houthis say
A Saudi drone has targeted Yemen’s Saada governorate, the Iranian-backed Houthis said Tuesday
The Houthi media center said in a post on X that a Saudi drone dropped two shells on the Ghor al-Mashwat area in Yemen’s northeastern Saada governorate, which is under Houthi control
No further details were given
 8:38 AM
Pakistan says U.S. and Iran are close to “some sort of an arrangement”
Pakistan’s Defense Minister Khawaja Asif told Bloomberg news in Islamabad on Tuesday that the U.S. and Iran are close to “some sort of an arrangement.”
“Things are shaping up again in favor of a peace arrangement or a deal,” he said. “The signals in the last two three days are that we are close to some sort of an arrangement.”
 8:26 AM
Pakistan’s interior minister arrives in Tehran for talks, says Iranian media
Pakistan’s Interior Minister Mohsin Raza Naqvi has arrived in Tehran for talks with Iranian officials, Iran’s semi-official MEHR news agency reported Tuesday
Pakistan has been mediating between the U.S. and Iran throughout the conflict, alongside Oman and Qatar, to try to bring the two sides to some sort of lasting peace agreement
 7:53 AM
Casualties reported after ship struck by “unknown projectile” in Red Sea, U.K. maritime agency says
A cargo vessel was hit by a projectile near the Bab el-Mandeb Strait off the coast of southern Yemen, causing an unspecified number of casualties, the United Kingdom Maritime Trade Operations (UKMTO) reported on Tuesday
“It has been reported that a cargo vessel in the southern Red Sea has been hit by an unknown projectile resulting in casualties,” the British military agency said in a statement
Separately, Greek maritime firm Marisks issued a security alert Tuesday saying a Saudi-owned commercial vessel had “reportedly been struck by a missile” while transiting the Bab el-Mandeb
“Initial reports indicate three crew fatalities – two Pakistani and one Indonesian national,” wrote Marisks, without specifying where the reports were coming from
It is not clear whether the incidents that UKMTO and Marisks issued alerts about were the same.Â
CBS/AFP
 7:00 AM
Lebanon says Israeli strike on south wounds two, damages ambulance
An Israeli attack on southern Lebanon wounded two people on Tuesday and damaged an ambulance, the Lebanese health ministry said, condemning the “continued targeting” of rescuers
Lebanon’s state-run National News Agency said the strike targeted a vehicle in the southern city of Nabatieh, with the health ministry reporting two wounded
The ministry said the Israeli military struck again when rescuers from the Risala Scouts Association, linked to the Hezbollah-allied Amal movement, came to the scene, damaging the ambulance
“The ministry reiterates its condemnation of the enemy’s continued targeting of rescue teams, which constitutes an unacceptable violation of international humanitarian law and all international norms,” the health ministry said
Lebanon’s civil defence meanwhile said that its personnel were targeted by an Israeli drone strike while they were trying to extinguish a bushfire, also in the Nabatieh area
No one was wounded, but the incident forced them to leave
Hezbollah drew Lebanon into the Middle East war in March with rocket fire at Israel in support of its backer Iran
Israel responded with heavy air strikes and a ground invasion that Lebanon says have killed more than 4,300 people
While violence has significantly decreased since the signing of a U.S.-Iran memorandum of understanding in June and a framework agreement between Lebanon and Israel days later, Beirut still reports intermittent Israeli strikes and demolitions
The Israel-Lebanon deal involves the disarmament of Hezbollah, a gradual withdrawal of Israeli forces from south Lebanon and the deployment of the Lebanese army to the region
Hezbollah rejects the deal and refuses to disarm. It has called negotiations with Israel “appeasement.”
CBS/AFP
 6:26 AM
Oil prices jump further as hopes for Hormuz deal fade
Oil prices extended a strong rally Tuesday as hopes for a reopening of the Strait of Hormuz faded, fanning fresh inflation fears and ramping up bets on at least one U.S. interest rate hike this year
Crude has surged more than 10% over the past week, with the United States and Iran appearing no closer to a deal on the crucial waterway despite upbeat comments from the White House earlier in the month
In the latest blow to a possible ceasefire, President Trump said Monday he would seek compensation from Iran for damage caused by the conflict as part of any peace negotiations, citing attacks and killings stretching back decades allegedly backed or perpetrated by Tehran
On Monday, both main crude contracts jumped around 5%. They rose more than 2% on Tuesday, with Brent edging back toward $90 a barrel
“In the absence of any positive headlines on negotiations to reopen the strait, pressure on oil prices has been upward,” wrote Jason Wong at Bank of New Zealand
And Stephen Innes, global strategist at Quintex Intel, said: “In effect, both sides are trying to weaponize the oil barrel without firing another shot. Washington is trying to choke Iran’s ability to get its crude out while Tehran is squeezing the artery through which everybody else’s crude gets through
“It is quite the game of chicken.”
The prospect of oil prices remaining elevated for the time being has revived concerns over inflation and boosted the chances of interest rate increases in the U.S
CBS/AFP
 3:18 AM
Trump secretly switched to different plane in Turkey amid Iran missile threat
Shortly before Air Force One took off from Turkey at the end of last month’s NATO summit, President Trump secretly slipped away from the presidential jet and was whisked to another plane with the help of an airport catering truck, according to a U.S. official with direct knowledge of the matter
The ruse was employed because the U.S. had learned of a threat from Iran and its allied proxies. U.S. intelligence had detected a credible plot to fire a missile at the plane Mr. Trump was on as he left the Turkish capital of Ankara, CBS News reported exclusively
The president had expressed awareness of the risks posed by the U.S.-Iran war, calling himself Iran’s “number one target” during the NATO summit
Read more here
 3:18 AM
Oil price remains unchanged after surging
Brent crude, the international benchmark for the price of oil, was unchanged at $87.72 a barrel, while U.S. benchmark crude also was flat at $82.13 a barrel, after surging 5% on Monday
The price swung between $72 and $102 last month as hopes rose and fell that the United States and Iran could reach an agreement that would allow oil tankers to freely exit the Middle East again to deliver crude worldwide
 3:18 AM
Trump claims U.S. controls the Strait of Hormuz
President Trump told reporters Monday the U.S. controls the Strait of Hormuz, calling the U.S. naval blockade on Iran a “steel wall.”
“The only one that has control of the Strait of Hormuz right now is the United States Navy. We have a blockade that’s been infallible,” Mr. Trump told reporters in the Oval Office
The president said some ships are transiting through the narrow waterway through which around 20% of the world’s oil supply passed before the war began on Feb. 28.Â
Iran has previously mirrored those claims, insisting it controls the waterway and occasionally attacking ships that attempt the crossing. Mr. Trump added that Iran “can make trouble, but they’re broke.”
