The United Kingdom warned against any attempt by Israel to remove British officials from the Gaza ceasefire coordination center on Friday, after reports that Israel was considering expelling U.K. officials.
Meanwhile, an Israeli airstrike in southern Gaza killed three people from the same family as the county continues its attacks despite a monthlong ceasefire brokered by the United States.
Here’s a look at the latest developments Friday in the Iran war and the wider Middle East. Full coverage can be found here.
The U.K. government said on Thursday that it remains committed to implementing the 20-point Gaza peace plan and any move to remove its officials would “undermine shared efforts."
The comments came in response to a Financial Times report that Israel is considering expelling officials from Britain, and potentially other European nations, from the monitoring center. The U.K. remains committed to “playing our part in improving the situation on the ground,” the British government told The Associated Press.
The Dutch Foreign Ministry said on Thursday that Israel’s Foreign Ministry was removing two Dutch diplomats from the Gaza ceasefire coordination center.
Israel's Foreign Minister Gideon Saar said that the decision was in response to “a series of anti-Israel measures taken by the Dutch government,” including next month's implementation of a ban on the trade of Israeli products from the occupied West Bank and other areas.
Two brothers and another relative were killed on Friday in an Israeli strike on the family’s home outside Khan Younis, officials at Nasser Hospital said. Israel's military said it was not aware of a strike in Khan Younis.
The three deaths were the latest among Palestinians in Gaza since an October ceasefire deal attempted to halt a more than two-year war between Israel and Hamas.
While the heaviest fighting has subsided since a ceasefire took hold in October, Israeli forces have carried out repeated airstrikes, killing at least 1,303 Palestinians, according to health officials in Gaza.
The ministry, which is part of the Hamas-led government, maintains detailed casualty records that are seen as generally reliable by U.N. agencies and independent experts. But it does not give a breakdown of civilians and militants.
A pro-government demonstrator chants slogan during a gathering in a square in Tehran, Wednesday, Aug. 26, 2026. (AP Photo/Vahid Salemi)
Children play at a beach as commercial vessels are anchored in the Strait of Hormuz off Bandar Abbas, Iran, Wednesday, Aug. 26, 2026. (Amir Biazar/ISNA via AP)
Palestinians walk past a food-aid warehouse damaged in an Israeli airstrike that targeted a nearby house in Deir al-Balah, central Gaza Strip, Wednesday, Aug. 26, 2026. (AP Photo/Abdel Kareem Hana)
U.S. futures are mixed Friday ahead of an address from Federal Reserve Chair Kevin Warsh in Jackson Hole, Wyoming, during the Fed’s annual economic symposium.
Despite pressure to provide guidance on U.S. policy, Warsh has made clear he intends to provide fewer clues about how the Fed intends to control inflation.
Many economists and investors want a clear signal on how Warsh thinks the Fed should handle stubbornly elevated prices that have caused pervasive gloom among many Americans. At his last press conference, he avoided providing direct answers about whether the Fed would hike its benchmark interest rate if inflation remained above the Fed's target.
The futures for the S&P 500 declined slightly on Friday, while that for the Dow Jones Industrial Average was up 0.1%. Nasdaq futures fell 0.3%.
One wild card for inflation has been oil prices, which have been volatile due to uncertainty about the war in Iran. It is still not known when the Strait of Hormuz, through which a fifth of the world's crude passes on a typical day, will re-open to tanker traffic
The price for a barrel of Brent crude, the international standard, rose 0.2% Friday to $88.68. U.S. benchmark crude oil fell 0.1% to $83.46 per barrel.
Brent’s price zigzagged between $72 and $102 last month as hopes rose and fell that the United States and Iran could reach an agreement to end hostilities and the threat to oil tankers in the strait.
In the bond market, Treasury yields ticked higher as markets grow increasingly uneasy about the long-term economic trajectory of the U.S.
In early trading, Gap's stock surged more than 17% before the market opened after it posted strong quarterly earnings late last night and it said that Michael Francis will become CEO of its struggling Old Navy brand later this year. Shares of PayPal slid more than 17% on a report from Bloomberg that Advent and Stripe are dropping plans for a potential buyout of the online payments company.
In Europe, Germany's DAX rose 0.6% to 26,522.87, while the CAC 40 in Paris climbed 1% to 8,401.67. Britain's FTSE 100 climbed 0.2% to 10,81473. Asian markets were mixed.
In other dealings Friday, the U.S. dollar rose to 159.63 Japanese yen from 159.39 yen. The euro dropped to $1.1649 from $1.1652.
Specialist James Denaro works on the floor of the New York Stock Exchange, Thursday, Aug. 27, 2026, in New York. (AP Photo/Yuki Iwamura)
Options trader Matthew Hefter works on the floor of the New York Stock Exchange, Thursday, Aug. 27, 2026, in New York. (AP Photo/Yuki Iwamura)
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 28, 2026. (AP Photo/Ahn Young-joon)
A currency trader passes by a screen showing the Korea Composite Stock Price Index (KOSPI), SK Hynix and Samsung Electronics Co. stock price at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 28, 2026. (AP Photo/Ahn Young-joon)
Currency traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 28, 2026. (AP Photo/Ahn Young-joon)
