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Iran rial plunges to new lows as U.S. sanctions loom

The Iranian rial plunged to a record low against the U.S. dollar on the unofficial market on Sunday, continuing its slide amid fears of returning U.S. sanctions after President Donald Trump in May withdrew from a deal on Tehran's nuclear program.

Fighting moves closer to center of Yemen's main port city

Yemen's Houthis deployed additional forces in the main port city of Hodeidah on Sunday as a Saudi-led military coalition moved closer to the city center in the largest offensive of the war, raising U.N. fears of a humanitarian catastrophe.

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