Last UpdateOctober 7, 2026, 10:52 AM EDT

WHAT TO KNOW

• President Donald Trump said Tuesday that the U.S. is doing “extremely well” against Iran, declaring that the country’s military is “shot” and suggesting a decision is coming soon on how to bring the conflict to an end.
• Iranian President Masoud Pezeshkiandismissed talks with the United States as “meaningless,” citing ongoing U.S. sanctions, pressure and military actions against Iran.
• Treasury Secretary Scott Bessent said Tuesday that U.S. sanctions and the maritime blockade have crippled Tehran’s oil trade and pointed to the sudden resignation of Iranian Oil Minister Mohsen Paknejad.
• Saudi Arabia’s energy minister said that as of Tuesday, 5.8 million barrels of oil per day is pumping through the East-West pipeline, which was attacked by drones originating from Iraq last month.

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Vance says Iran deal would require reduction in nuclear enrichment capacity

Vice President JD Vance arrives for a campaign rally at Fairbanks International Airport in Fairbanks, Alaska, Monday, Oct. 5, 2026. (Jacquelyn Martin/AP/Pool)

Vice President JD Vance said Monday that any deal with Iran would need Iran to reduce its nuclear enrichment capacity, rather than give assurances of future nuclear drawdowns.

“If you don’t want a nuclear weapon, then why do you need 60% enriched fuel? And if you want to show commitment to not building a nuclear weapon, don’t build highly enriched fuel. That’s a very basic threshold issue,” Vance told Reuters after a campaign trip in Alaska.

“I think if they want to show a commitment to not building a nuclear weapon, they would do something meaningful on their enrichment capacity,” he added.

Vance also told the outlet that Washington is uncertain about decision-making in Tehran.

“One of the things we picked up on is it’s not totally clear how their country makes decisions,” Vance said.

Yesterday’s Fox News Digital live blog offers additional coverage of the conflict with Iran.

Hezbollah receives $200 million from Iran to help displaced Lebanese: report

A car with Iranian and Hezbollah flags attached to it as displaced people make their way back to their homes in southern Lebanon following an interim deal between the U.S. and Iran, in Sidon, Lebanon, on June 24, 2026. (Aziz Taher/Reuters)

The terrorist group Hezbollah has received $200 million from Iran to help people in Lebanon who have been displaced in the fight against Israel,Reuters reported Wednesday. 

The report, citing two sources with direct knowledge of the transfer, said the funds would go to the hundreds of thousands of Hezbollah supporters in southern Lebanon who have been uprooted due to cross-border skirmishes with Israel’s military. 

Intermediaries who helped facilitate the money transfer charged a 20% fee because of the risks of dealing with Hezbollah, Reuters also reported. 

The development comes after another report emerged last week saying Hezbollah terrorists received $157 million worth of weapons in 2024, most of it given freely by Iran. 

The analysis found that Hezbollah spent just $28 million on procuring weapons, and those were limited to small arms, ammunition, drone components, dual-use equipment and equipment obtained through its international procurement networks. 

Israel’s military eliminates Hamas terrorist who ‘planted explosives’ brought from hospital

The Israel Defense Forces announced Wednesday that it killed two Hamas terrorists, including one who planted explosives that he had obtained from inside of a hospital in northern Gaza. 

“IDF forces identified during the night two terrorists from the Hamas terrorist organization who exited Kamal Adwan Hospital in northern Gaza Strip. One of the terrorists planted explosives brought from inside the hospital in the area of the yellow line, with the aim of targeting IDF forces,” the IDF wrote on X. 

“Immediately after the identification, the IDF struck and eliminated the terrorists to remove the threat. Mohammed Tamos, a sniper in the military wing of the Hamas terrorist organization who was eliminated in the strike, simultaneously operated as a civil defense worker in the Gaza Strip,” the IDF added. 

“The IDF reiterates and emphasizes that Hamas continues to cynically exploit hospitals and medical infrastructure in the Strip for terrorist purposes in violation of international law, while turning spaces designated for treating the civilian population into spaces used to advance terrorist activities and rehabilitate the organization’s military capabilities,” it also said.