Iran won't escalate tensions but will defend itself, says Pezeshkian amid Trump's warning August 3, 2026 at 11:37PM

Iran states it will defend its security while the US president claims a last chance for a deal. Conflicting reports emerge regarding ongoing negotiations between Iran and the United States. Shipping activity through the Strait of Hormuz remains subdued amid these diplomatic claims. Iran's IRGC reportedly launched a drone attack on a US military base in Kuwait. Tehran also prepared retaliatory strikes on Ukraine after a vessel incident.