Top Developments:

• US officials say the new sanctions target five key sectors: digital assets, technology, gold, aviation and shipping, along with Iran’s oil revenue and roughly 60 entities, vessels and individuals accused of propping up the regime.
• Iranian government spokeswoman Fatemeh Mohajerani said the country’s leadership would guide Iran through the coming “economic hardships.”
• Iran’s security chief, Mohsen Rezaei, warned that Tehran could halt all Gulf oil exports if the US economic pressure campaign continues.
• Rezaei added that any country backing Washington’s sanctions would be treated as taking part in an act of war against Iran.
• US Defence Secretary Pete Hegseth said Washington has not ruled out military strikes against Iran, in the Strait of Hormuz or elsewhere in the region.

Follow the latest world news and major international developments here. This live blog is a rolling curation of the day’s key global stories, with updates added as events unfold and the news agenda changes. The headline, introduction and Top Developments section will be refreshed throughout the day to reflect the stories that matter most at that moment.