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US military strikes target Iran amid trade tensions and global developments
Photo: Australian Financial Review
2026-07-24 22:15   Geopolitics   10

US military strikes target Iran amid trade tensions and global developments

The United States has launched missile strikes across multiple locations in Iran, including its Caspian coast, following President Donald Trump's vow of 'major military punishment' against Tehran and its Houthi allies in Yemen.The attacks come as the US extends 10% tariffs on most major trading partners, prompting international pushback.

Additional developments include KPMG's dismissal of former COO Eileen Hoggett for storing confidential Lendlease documents, accusations of hypocrisy against the prime minister over attending a high-value property event, and calls for espionage law reforms by Australia's security watchdog.Trump is set to meet Ukrainian President Volodymyr Zelensky in Washington, while Irish police intercepted a significant car bomb.These events highlight escalating geopolitical tensions and domestic policy debates.

Full reading at Australian Financial Review

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