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UNCOVERED: 154 - The Untold Story

War returns to West Asia, oil seesaws as Hormuz bleeds

The United States launched a third round of strikes on Iran. Iran retaliated by attacking US military bases in Jordan and Bahrain. Two Emirati oil tankers were struck by Iranian cruise missiles in the Strait of Hormuz. Oil prices pared gains after President Trump announced new trade deals. Global markets…

The Economic Times

Iran threatens to halt all Middle East energy exports amid renewed US blockade

Tehran shuts strait of Hormuz and carries out retaliatory strikes as Trump threatens to attack site linked to Iran’s nuclear programme

The Guardian - UK

Trump Scraps Hormuz Toll After One Day, Admits He Doesn't 'Like the Concept of a Fee'

President Trump has reversed his decision to impose a 20% toll on vessels in the Strait of Hormuz, opting for Gulf investment deals amidst escalating US-Iran tensions.

International Business Times UK

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US resumes Iran naval blockade, launches fourth straight day of strikes over Strait of Hormuz

The United States has resumed its naval blockade of Iranian ports and coastal areas. American forces also launched additional strikes against Iranian military capabilities linked to shipping attacks. These actions follow a series of strikes and counterstrikes in the strategic Strait of Hormuz. The conflict escalates tensions over one of…

The Times of India

US military reimposes naval blockade on Iranian ports, launches new strikes

US forces on Tuesday reimposed a naval blockade to prevent ships from sailing to or from Iran's ports and conducted strikes against the country for a fourth day in response to Tehran's attacks on commercial ships passing through the Strait of Hormuz and on Gulf facilities.

France 24

Stocks Settle Higher on Tame Inflation News

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.10%. September E-mini S&P futures (ESU26 ) rose +0.35%, and September E-mini Nasdaq futures...

Barchart

As U.S. Starts 'New' Iran War, Lawmakers Want Answers About Deadly Elementary School Strike

A Tomahawk missile struck an Iranian school and reportedly killed over 100 children in February.

Reason

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Senate Democrats block advancement of defense bill to protest Trump’s hostilities with Iran

Chuck Schumer says Republicans are ‘ignoring the nation’s most urgent national security crisis’ amid US exchange of fire with Iran

The Guardian - US

Navigating the New Fed: 5 Conflicts Kevin Warsh Has to Tackle Now

Fed Chair Kevin Warsh, the new leader of the most important central bank in the world, faces multiple challenges to his still-emerging authority.

Kiplinger

US military carries out new Iran strikes and reinstates Trump’s Strait of Hormuz blockade

IN FULL

The Independent UK

Saudi, Houthis edge towards war as Middle East conflict spills over

Saudi Arabia and Yemen's Houthis are nearing renewed conflict after recent attacks. Houthi fighters claimed large-scale strikes on Saudi Arabia, ending a four-year truce. The Yemeni government's backer, Riyadh, is prepared to retaliate against Houthi infrastructure targets. This escalation risks further destabilizing the Middle East region and its fault lines.…

The Economic Times

Crude Oil Prices Rise as US-Iran Hostilities Continue

August WTI crude oil (CLQ26 ) on Tuesday closed up +1.20 (+1.54%), and August RBOB gasoline (RBQ26 ) closed up +0.0610 (+1.93%). Crude oil and gasoline prices added to Monday’s gains on Tuesday, with crude posting a 1-month high and gasoline posting a 1.5-month high. Crude prices are climbing as...

Barchart

Lindsey Graham’s sister Darline sworn in to South Carolina Senate seat following his death

Graham, 71, was chief supporter of Ukraine’s defense and Trump’s war in Iran

The Independent UK

Another U-turn shows how Trump is lost in his own forever war with Iran

THE INDEPENDENT VIEW: Editorial: The US president is finding it hard to navigate his own erratic Tehran policy, not least when it comes to opening the vital Strait of Hormuz

The Independent UK

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The Economic Times

One misstep away: Pakistan’s Iran tightrope faces its toughest test

Saudi Arabia and Yemen's Houthi movement are facing renewed conflict, raising regional escalation fears and making Pakistan's strategic balance between Saudi Arabia and Iran more difficult. A recent Saudi-Pakistan defence pact has added more complexity to Islamabad's obligations. The Bab el-Mandeb Strait's importance has grown as shipping disruptions have become…

France 24

War, talks, repeat: How to break the cycle between US and Iran?

Who needs nuclear weapons when you have the Strait of Hormuz? While ordinary Iranians are far worse off than on February 28th – when the US and Israel launched a war that killed the Supreme Leader on day one – the Islamic Republic has since shown it has massive leverage…

The Economic Times

After Hormuz, Iran turns to Red Sea gateway as new pressure point

Iran is signaling potential closure of the Bab el-Mandeb Strait via its Houthi allies. This move risks disrupting global trade and vital energy supplies through the Red Sea. Houthi attacks on shipping have already forced major companies to reroute vessels. Analysts suggest Iran is widening the conflict and increasing pressure…

The Independent UK

Yemen at risk of getting dragged back into war as Saudis and Houthis exchange airstrikes

A truce that ended nearly a decade of war in Yemen has mostly held since 2022

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International Business Times UK

'Please Get This Monster Help': Netizens React to Trump Calling Journalists 'Treasonous'

Donald Trump branded journalists 'treasonous' over the Iran war in a fiery Oval Office briefing, sparking fierce backlash on X as critics called him a 'monster' who 'desperately needs help.'

International Business Times

U.S. Has Resumed Bombing Iran. Most Americans Don't See An End In Sight To Conflict

A new poll has found that four in five Americans expect the U.S. war with Iran to continue for an extended time despite repeated attempts at ceasefires and peace deals.

The Economic Times

Trump says US will be 'taking a lot of oil out' of Iraq as US aims to do a lot of deals

US President Trump met with Iraqi Prime Minister Ali al-Zaidi at the White House. He indicated substantial future deals and oil extraction from Iraq. Washington will offer protection if Iraq requires it, though this is unlikely. Decisions will depend on Iraq's efforts to disarm Iranian-backed militias. This meeting marks a…

The Times of India

'Will replace 20% Hormuz fee with ... ': Trump says strait open for all but Iran

US president Donald Trump on Tuesday said the United States would not proceed with its proposed 20 per cent toll on cargo transiting the Strait of Hormuz. He announced that instead that Middle Eastern countries would enter into trade and investment agreements with the United States.

The Independent UK

Gold trader gets time served in Iran sanctions case that strained US-Turkey relations

A gold trader who admitted conspiring with a Turkish bank to help Iran evade U.S. sanctions is set to be sentenced to time served

The Independent UK

Beyond the Strait of Hormuz: How Gulf countries are preparing for life without the waterway

IN DEPTH : The US and Iran continue tit-for-tat strikes over the vital shipping route while a fifth of the world’s oil supply remains at a standstill. But Gulf countries have been looking towards alternatives for a more independent future, Maira Butt reports

Barchart

Crude Oil Prices Climb as US-Iran Truce Collapses

August WTI crude oil (CLQ26 ) today is up +0.81 (+1.04%), and August RBOB gasoline (RBQ26 ) is up +0.0466 (+1.47%). Crude oil and gasoline prices added to Monday’s gains today, with crude posting a 1-month high and gasoline posting a 1.5-month high. Crude prices are climbing as the truce...

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