“Washington’s Gulf Arab allies are increasingly frustrated as hostilities between the U.S. and Iran intensify, jeopardizing their national security and economies,” Bloomberg reports.

“The Gulf states’ exasperation is underscored by their wide-ranging views on what the U.S. should do next.”

“Some officials believe President Donald Trump should escalate military operations by deploying ground troops in parts of Iran and perhaps even seizing its crucial oil export hub of Kharg Island, according to people familiar with the matter, declining to be named talking about sensitive matters.”

“President Donald Trump is poised to impose fresh levies on products from dozens of economies by Friday, according to people familiar with the matter, a move to ensure his tariff regime remains intact even after stopgap 10% global duties lapse,” Bloomberg reports.

“The Trump administration last month proposed new tariffs of at least 10% on 60 trading partners, citing what it said were lax forced-labor standards. The president’s team is preparing to impose duties by the week’s end, though it’s not clear if they’ll diverge from the initial proposal.”

“President Donald Trump minimized the prospect of immediate talks with Iran as the two sides exchanged strikes and Houthi militants in Yemen threatened shipping in the Red Sea,” Bloomberg reports.

“Trump vowed on Tuesday to respond if the Iran-backed group disrupted that waterway, but didn’t specify how.”

“President Trump has formally approved a landmark agreement with Saudi Arabia that will provide the country with a civilian nuclear program and potentially open the door to uranium enrichment in the kingdom’s territory, according to U.S. officials,” the Wall Street Journal reports.

“The new deal, which would last 30 years, is estimated to be worth tens of billions of dollars. It is designed to give American companies a central role in developing Saudi Arabia’s nuclear infrastructure while shutting out other foreign competitors.”