As the latest round of the war enters its 11th day, US President Donald Trump has signalled the US could strike Iran's hardened Pickaxe Mountain underground nuclear facility where Israel claims centrifuges are being hidden.
On part one of today’s episode of Iran: the Latest, Venetia Rainey and Telegraph journalist Sophie O’Sullivan look at the impact of recent attacks by each side and the news that Defense Secretary Pete Hegseth has admitted US war costs have reached $37bn.
Plus, a landmark US nuclear deal with Saudi Arabia upsets Israel, and the Houthis’ blockade on Saudi Arabia claims its first shipping victims - is the Bab al-Mandeb the new Strait of Hormuz?
CONTRIBUTORS:
Venetia Rainey, co-host and executive producer @venetiarainey
Sophie O’Sullivan, journalist and Ukraine: the Latest producer
WATCH PART TWO ON FEAR AND EXECUTIONS INSIDE IRAN WITH TARA KANGARLOU: https://www.youtube.com/playlist?list=PLJnf_DDTfIVAif-vifC6F2aoPB8GIw6dk
CONTENT REFERENCED:
Trump’s nuclear deal with Saudi Arabia will only embolden Iran
https://www.telegraph.co.uk/world-news/2026/07/22/trump-saudi-arabia-nuclear-deal-will-only-embolden-iran/
Pentagon is running out of money in Iran war, Hegseth admits
https://www.telegraph.co.uk/us/news/2026/07/22/pentagon-running-out-of-money-iran-war-hegseth-admits/
For more on Ukraine news, listen to/watch Ukraine: the Latest
https://linktr.ee/UkraineTheLatest
ITL Best News and Analysis Podcast - Publisher Podcast Awards 2026
The Telegraph Podcast Publisher of the Year 2026 - Publisher Podcast Awards 2026
ITL Nominated Podcast of the Year - Society of Editors News Podcasts Awards 2026
Producer: Peter Shevlin
Video Producer: Max Bower
Researcher and Social Producer: Anna Hindmarsh
Studio Operator: Chris January
Executive Producer: Venetia Rainey
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