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Proposed Hormuz deal would give Iran control of inbound traffic, sources say

By Parisa Hafezi and Timour Azhari

DUBAI/RIYADH, Aug 5 (Reuters) - A proposed deal between Iran and Oman to help end five months of war between Iran and the United States would give Tehran control over ships entering the Gulf through the Strait of Hormuz, a senior Iranian source and two regional officials told Reuters on Wednesday, one of the biggest concessions yet to Iran.

A billboard depicting U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu that reads "You will drown in the sea of the Iranian nation's revenge", on a building in Tehran, Iran, August 3, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

Israeli military strikes southern Lebanon after evacuation warning to village

Aug 5 (Reuters) - The Israeli military said it had begun targeted strikes in southern Lebanon on Wednesday in response to a "Hezbollah violation", a day after the latest round of U.S.-facilitated talks between ‌Israel and Lebanon took place in Rome.

The Lebanese health ministry said an Israeli strike on the southern town of Tibnin killed one person and wounded 12 others.

Smoke rises from a hill following Israeli air strikes, after the Israeli military issued an evacuation warning to the village of Mansouri, Lebanon, August 5, 2026 in this screengrab obtained from social media. Social Media/via REUTERS

AFP journalist to be honored at International Press Freedom Awards

AFP journalist Christina Assi, who lost a leg in an Israeli strike while reporting from the Lebanese border, will be honored at the International Press Freedom Awards, the Committee to Protect Journalists said Wednesday.

In October 2023, Reuters journalist Issam Abdallah was killed and six others were wounded, including AFP journalists Assi and Dylan Collins, while covering the conflict near the Israeli border.

An independent AFP investigation concluded that two Israeli 120mm tank shells were fired from the Jordeikh area inside Israel.

AFP journalist Christina Assi had her right leg amputated after being hit by an Israeli tank shell while covering cross border clashes in southern Lebanon in October 2023

US lifts sanctions on Fly Baghdad, previously linked to Iran's IRGC

Aug 5 (Reuters) - The U.S. Treasury said on Wednesday it had removed counter-terrorism sanctions from Iraq's Fly Baghdad Airlines and two aircraft that were imposed in 2024 over links to Iran's Islamic Revolutionary Guard Corps Quds Force, citing changes in the airline's behavior.

A Treasury official said that the move was not indicative of any shift in U.S. policy towards Iran's government, the Islamic Revolutionary Guards or any organization designatedas terrorist and was unrelated to U.S. negotiations with Iran over a possible deal to end hostilities in the Gulf.

A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque

LIV Golf CEO says funding secured to play beyond 2026

LIV Golf has reached a deal with a lead investor to keep the series playing beyond the end of the 2026 season, LIV chief executive officer Scott O'Neil said Wednesday.

Speaking at this week's LIV Golf New York event at Trump National in Bedminster, New Jersey, O'Neil provided the first glimpse of what LIV might resume after the pullout of financial support by Saudi Arabia's Public Investment Fund.

Iran and Oman reach understanding on coordinates of route through Hormuz, Iran ministry says

DUBAI, Aug 5 (Reuters) - Iran and Oman have reached an understanding on the geographic coordinates for a shipping route through the Strait of Hormuz, and a joint announcement is being finalised, provided certain third parties did not interfere, Iran's Foreign Ministry spokesperson Esmaeil Baghaei said on Wednesday.

Baghaei added that any such agreement between Iran and Oman would not, by itself, guarantee security in the strategic waterway.

Vessels in the Strait of Hormuz, as seen from Musandam, Oman, August 3, 2026. REUTERS/Stringer

Exclusive-US has used 'virtually all' of its long-range precision missiles during Iran war, sources say

By Erin Banco, Mike Stone and Jonathan Landay

NEW YORK/WASHINGTON, Aug 4 (Reuters) - The U.S. Army has used up much of its global stockpile of highly accurate long-range missiles during its five-month war with Iran, according to three people familiar with the data, raising concerns about the military's readiness for future conflicts.

The missiles are principally the Army's surface-to-surface weapons, known as Army Tactical Missile Systems (ATACMS) and Precision Strike Missiles (PrSM). The U.S. has used "virtually all" of these weapons, according to two of the sources.

FILE PHOTO: An Army Tactical Missile System (ATACMS) is displayed during the inauguration of a new artillery plant of ammunition maker Rheinmetall, in Unterluess, Germany August 27, 2025. REUTERS/Annegret Hilse/File Photo

Israel reports troop deaths as Lebanon talks underway in Rome

Israel reported on Thursday its first military fatalities in southern Lebanon in more than a month, after carrying out fresh strikes despite ongoing US-backed talks in Rome aimed at ending hostilities.

The military identified the two reservists, who were killed in combat on Wednesday, as Major Harel Birenstock, 34, and Sergeant Major Tamir Vaknin, 33, of the 2855th Battalion, 55th Brigade.

The deaths were the first Israeli fatalities reported in southern Lebanon since June 28.

Israeli soldiers stand on the roof of a residential building in the Lebanese village of Zawtar al-Charkiyah

Trump says US held 'all-day negotiation' with Iran on Tuesday

By Kanishka Singh and Bo Erickson

WASHINGTON, Aug 4 (Reuters) - U.S. President Donald Trump said there was an "all-day negotiation" on Tuesday with Iran, characterizing the talks positively while also threatening to hit Iran "really hard" if a deal with Tehran was not reached.

DETAILS AND QUOTES:

• "They had an all-day negotiation," Trump told Fox News' "@ Night with Trace Gallagher" show.

• "We are having very good discussions," he added.

U.S. President Donald Trump speaks to the media upon arrival at Los Angeles International Airport before departing Los Angeles for Las Vegas, Nevada, in Los Angeles, California, U.S., August 4, 2026. REUTERS/Evelyn Hockstein