Here are Press TV's latest top stories at 17:00 GMT on February 16, 2026.

US military aggression against Iran is already carrying a multibillion-dollar price tag, with early estimates suggesting American taxpayers have absorbed more than $1 billion in costs in the early days of the war.

The Islamic Revolution Guards Corps (IRGC) says a US-allied fuel tanker attacked by Iranian drones is still burning in the Strait of Hormuz.

Iran test-fired the Sayyad-3G naval missile, debuting vertical launch capability, 150-kilometer range, Mach 7 speed, and networked air defense integration to strengthen fleet protection in the Strait of Hormuz.

As tensions rise amid the US military buildup near the Persian Gulf, Iran’s layered arsenal of missiles, drones, submarines, and mines – combined with the region’s geography – positions Tehran to effectively deter American naval power.

The IRGC Navy has successfully launched the Sayyad-3G naval air defense missile for the first time during the “Smart Control” exercises in the Strait of Hormuz.

The naval forces of the Islamic Revolution Guards Corps (IRGC) is conducting the second day of its naval drills in the Strait of Hormuz.