Iran has issued new threats directed at Britain and several Gulf Cooperation Council (GCC) states, signaling a further escalation in its regional military campaign.

The diplomatic pressure comes as the conflict expands beyond its initial boundaries, drawing Jordan and Bahrain deeper into the hostilities after a ceasefire agreement collapsed in June.

The Strait of Hormuz remains a critical flashpoint.

With Iran launching a fresh wave of missiles and drones over the weekend, shipping routes through the chokepoint face heightened exposure.

Markets are repricing the risk of sustained disruption to global energy flows, with Brent crude and tanker freight rates reflecting the growing uncertainty around safe passage.

GCC members, including Qatar, Bahrain, Kuwait, Oman, and the United Arab Emirates, have jointly condemned the repeated Iranian attacks.