This live blog follows the latest developments across the Middle East crisis, including regional diplomacy, maritime security, ceasefire negotiations, and economic fallout.
Catch up on Monday's top developments here:
Monday's developments at a glance
Published: Aug 10, 2026 | 00:22 GMT | by Web Desk
Oil prices jumped roughly 5% Monday, with Brent crude rising to $87.72 a barrel and US benchmark WTI climbing to $82.13, as Washington and Tehran remained far apart on terms to reopen the Strait of Hormuz.
Iran's Foreign Ministry said the waterway would stay closed until the US lifts its naval blockade and makes amends for what it called “destructive actions.”
Separately, Iran and Oman continued talks on a shipping route through the strait, with both sides agreeing on a proposed path but still working out technical details; Tehran said transit fees were not currently part of the discussion.
President Trump, meanwhile, said he would seek compensation from Iran for damage during the recent conflict, mirroring Iran's own demand for compensation over deaths and injuries it attributes to US strikes.
Iran's supreme leader also reshuffled the country's military command, naming a new armed forces chief of staff and a new IRGC commander, cementing his authority over the armed forces.
On the Gaza front, President Trump insisted his relationship with Israeli Prime Minister Benjamin Netanyahu remains "very good," despite Netanyahu's explicit rejection of a US-backed Gaza plan that would have Israel withdraw forces as Hamas disarms.
The rejection comes as Netanyahu faces pressure from his right-wing base ahead of October elections, with polls showing the plan is unpopular among his coalition.
Regionally, Pakistan's Foreign Minister Ishaq Dar held calls with his Iranian and Saudi counterparts, briefing both on the newly signed Makkah Joint Defence Agreement between Pakistan, Saudi Arabia, and Türkiye. Iran's Foreign Ministry described the pact as a sign that regional states are shifting away from relying on foreign powers for security.
Elsewhere, violence persisted in Yemen, where clashes intensified between government forces and Houthi fighters along the Al-Fakher front, and in the West Bank, where Israeli forces and settlers raided areas southeast of Bethlehem.
For earlier developments, read our Aug 10 live blog here.
