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Peru's Foreign Ministry said it was breaking diplomatic relations with Iran, citing Tehran's 'incitement' of conflict in the Middle East, its obstruction of IAEA inspectors, repression at home and the disruption of trade through the Strait of Hormuz; consular relations will continue.
Asked by Fox News whether he wanted an agreement with Iran, Trump said 'an agreement with them isn't worth the paper it's written on. We gave them a lot of chances,' and warned that if Iran retaliated for the day's strikes 'they'll be hit much harder.' Later on Truth Social he denied trying to force Iran to the bargaining table and asked, 'When are the Iranian people going to rise up and fight?'
Parliament speaker and chief negotiator Mohammad Bagher Ghalibaf said 'we need to save gasoline in our consumption' as Iran struggles to import fuel under the US naval blockade. He also warned that if the US tries to stop Iran exporting oil from the Persian Gulf, 'no one else will be able to export oil from this region either.'
Treasury Secretary Scott Bessent told Fox Business that Washington would 'economically asphyxiate this regime' and would probably announce a bank sanction that week and another the next. He said a UAE branch of an Egyptian bank that funneled over $1.8 billion to Iran was being shut down.
Qatari Foreign Ministry spokesman Majed al-Ansari said the escalation around the Strait of Hormuz 'will not benefit anyone' and urged both sides to return to negotiations, adding that Qatar is continuing contacts with mediation partners Pakistan and Oman.
Central Bank Governor Abdolnaser Hemmati said Iran has enough foreign currency despite US sanctions and is ready to inject up to $2 billion into the foreign exchange market to calm volatility, Tasnim reported.
Speaking at the Shanghai Cooperation Organisation summit in Bishkek, Iranian President Masoud Pezeshkian said Iran would 'immediately take reciprocal action' if the United States returned to its commitments under the June memorandum of understanding. He accused Washington of reneging on the deal within two weeks and warned that a return to 'pressure and threats' risked derailing diplomacy.
UKMTO said a tanker completing an outbound transit of the Strait of Hormuz was struck by three unknown projectiles about 17 nautical miles east of Khasab, Oman, with the attack reported at 20:00 UTC on Aug 31. No casualties or damage were reported.
Qatar's foreign ministry condemned Iran's renewed attacks on Jordan with missiles and the UAE with a drone as a serious violation of the two countries' sovereignty and of international law, warning they could complicate de-escalation efforts. It called for an immediate halt to military action and a serious return to negotiations.
In a written message on his Telegram channel for Islamic Unity Week and the Prophet's birthday, Supreme Leader Mojtaba Khamenei called the US and Israel enemies of all Islamic nations and told Muslim rulers to "know your real enemy, understand its plans and confront it". He has not appeared in public since the war began in February.
Deputy Foreign Minister Kazem Gharibabadi said Iran and Oman had reached an understanding on transit through the Strait of Hormuz but it would "not automatically enter the implementation stage" until the US fulfils its commitments. He said the strait "remains closed" and any passage requires Iran's coordination and authorization.
UKMTO said a tanker transiting inbound through the Strait of Hormuz was struck by an unknown projectile about 12 nautical miles north of Khasab, Oman, at 20:53 UTC on Aug 29, in a report it received late. No casualties or environmental impact were reported and no one claimed responsibility.
In a statement posted by the U.S. Embassy in Beirut in reply to a media inquiry, a State Department spokesperson said Hezbollah 'does not want to talk to the Lebanese state, nor talk to us, nor talk to Israel, because it is simply taking orders from Iran', said the group must disarm, and called Lebanon's government the 'sole legitimate interlocutor' on the country's future.
In a state television interview, President Masoud Pezeshkian said 'the route is now blocked and goods are not coming in. One of those goods is gasoline', and that the government wants to raise the third-tier price for fuel bought beyond subsidised quotas from 5,000 to 10,000 tomans, with timing still to be agreed with parliament and the judiciary.
In a statement carried by the IRGC-affiliated Tasnim news agency on Friday, the Revolutionary Guards Navy said U.S. statements that the strait had reopened were 'an obvious lie' aimed at controlling oil prices, called its control of the waterway 'completely decisive', and said passage stays closed 'with full force' to ships without Iranian approval.
In a written statement released on Telegram, Supreme Leader Mojtaba Khamenei declared that 'committing anything that harms social cohesion is forbidden', told officials to avoid 'discouraging statements' and false choices such as 'war or negotiations', and pointed to domestic production and a smaller role for the dollar as answers to inflation and unemployment.
FinCEN proposed a Section 311 rule that would bar U.S. banks from keeping correspondent accounts for Banque Misr UAE, which Treasury says processed about $1.8 billion for 103 companies potentially tied to Iranian shadow banking between January 2024 and June 2026. OFAC also designated Reza Mohammad Taeedi, general manager of Bank Melli's Dubai branch, and Hong Kong-based Kameng Trading Limited.
Foreign Minister Abbas Araghchi wrote on social media that putting diplomacy back on track is not impossible but hinges on the U.S. understanding that 'pressure doesn't work', urging Washington to 'build trust, speak respectfully, acknowledge our rights, and uphold commitments' after what he called 'creative' talks in Tehran with Qatar's prime minister.
In a video posted Thursday evening, CENTCOM commander Adm. Brad Cooper said Navy divers and SEALs, backed by U.S. aircraft, had cleared Iranian sea mines from the Strait of Hormuz's international shipping lanes, declaring that 'today, international shipping lanes are open.' He said U.S. forces had helped nearly 1,500 commercial vessels carrying about 750 million barrels of crude through the strait, while the blockade of Iranian ports stays in force.
"There are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran," deputy press secretary Anna Kelly said, adding that the naval blockade remains in force; press secretary Karoline Leavitt said none would happen until Iran comes to the table "in a meaningful way." A diplomat from a mediating country told The Times of Israel that Trump is no longer interested in reviving the June memorandum.
Sheikh Mohammed bin Abdulrahman Al Thani, Qatar's prime minister and foreign minister, met Foreign Minister Abbas Araghchi, President Masoud Pezeshkian, Speaker Mohammad Bagher Ghalibaf and security council secretary Mohsen Rezaei, urging a return to dialogue and discussing the Iran-Oman plan for a temporary Hormuz corridor and joint mine clearance. Ghalibaf's office said he told him "America must fulfill its obligations under the memorandum of understanding."
Iran's armed forces outlet Defa Press said Iran and Oman reached an understanding on a temporary two-way corridor about seven nautical miles wide, with inbound traffic passing entirely through Iranian waters and the Omani-side southern route formally closed, but said the strait would not reopen immediately. Security chief Mohsen Rezaei said ships would use the channel only if the U.S. meets Iran's conditions.
Vice President Mohammad Jafar Ghaempanah said "petrol production is insufficient, and because of the U.S. naval blockade, we cannot import it," IRNA reported, as Iranians queued at gas stations after the new U.S. sanctions; he also criticized fuel subsidies that favor owners of several vehicles.
President Trump told Al Jazeera the U.S. was "achieving a very big victory" against Iran but the war "will continue for as long as necessary," with no timetable to resume talks, CBS reported. In a separate radio interview he called Hormuz "a very functioning strait" despite occasional drone or rocket fire.
President Joseph Aoun told Maronite Church officials that talks with Israel are "neither easy nor quick … but they remain far better than war," and the only way to free occupied land, deploy the army to the border, recover prisoners and let residents return.
Deputy Foreign Minister Kazem Gharibabadi told state TV that if the Iran-Oman understanding becomes binding, "no military vessel will be permitted to pass" through the Strait of Hormuz, with inbound traffic routed entirely through Iranian waters. He said the strait will not reopen until the U.S. lifts its blockade and ends the war "on all fronts, including Lebanon"; the Revolutionary Guard said it will stay closed until Washington accepts Iran's conditions.
President Trump said on Truth Social that "all mines have been removed and/or detonated from within the International Waters of the Strait of Hormuz" and that any ship or boat placing new mines "will be immediately and systematically destroyed" under a "Zero Tolerance" policy. U.S. officials told Axios the Navy had cleared mines from the strait's main traffic separation scheme.
Foreign Ministry spokesman Lin Jian said China "firmly opposes illegal unilateral sanctions" and "will take all necessary measures to firmly safeguard its own rights and interests," adding that its cooperation with Iran is conducted within international law and "should not be disrupted or undermined."
The International Maritime Organization said at least 20 seafarers and port workers were killed, 35 wounded and one is missing in 68 confirmed maritime incidents in the Gulf and nearby waters over six months of war; UKMTO classed 47 of them as attacks, and about half involved tankers.
Economy Minister Ali Madanizadeh told state television that the government "has a two-year plan to manage these events" and predicted "another defeat" for the United States after Treasury launched its new sanctions campaign.