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FOUND: 159 - What They Never Told You

U.S. military renews strikes on Iran while tankers come under attack in Strait of Hormuz

US forces conducted strikes against Iran for a third night. Two tankers faced attacks in the Strait of Hormuz while transiting. President Trump declared a blockade and vowed to guard the vital waterway. Iran responded by targeting US facilities and equipment in the region. Oil prices surged significantly following these…

The Economic Times

One Indian killed, six injured as Iranian missiles target two UAE tankers in Hormuz

Two UAE-flagged tankers were struck by Iranian cruise missiles in Omani waters. One Indian crew member died and eight others were injured in the missile attacks. The UAE condemned the strike as a grave violation of international law. The incident occurred amid renewed hostilities between the United States and Iran.…

The Economic Times

Gold price prediction: Will gold rate go up in August even if Strait of Hormuz remains closed, Iran war continues? Details here

Gold rate today: Gold price has been heavily impacted by the latest developments surrounding the Strait of Hormuz and U.S.-Iran war.

The Economic Times

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Trump Faces New Iran War Crisis as Conflict Escalates and Fears of US Involvement Grow

Donald Trump's naval blockade on Iran escalates Middle East tensions, impacting global oil prices and involving key US allies, raising fears of deeper US military involvement.

International Business Times UK

Motorists to pay price for US blockade, toll in strait

While the government is concerned about the impact on petrol prices, the opposition warns a US toll in the Strait of Hormuz would set a dangerous precedent.

AAP

Middle East live: Trump backs down on Hormuz levy in favour of Gulf investment deals

President Donald Trump on Tuesday announced a reversal of his plan to charge a 20% toll on cargo passing through the Strait of Hormuz, saying he would instead seek investment deals with Gulf states. The announcement came hours after the US launched strikes targeting Iran, and Tehran retaliated by attacking…

France 24

Trump announces Thursday speech reopening 2020 election fraud claims

US President Donald Trump will deliver a national address on Thursday regarding newly declassified intelligence on investigations into the 2020 presidential election and alleged voting machine flaws – reviving fraud claims long dismissed by courts and officials, as critics warn the speech could lay groundwork to contest future midterm losses.

France 24

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US launches third straight night of strikes on Iran as Strait of Hormuz tensions escalate

United States forces conducted strikes on Iranian military assets for a third night. These actions aim to degrade Iran's ability to attack commercial shipping. President Trump announced plans to reinstate a blockade on Iranian shipping. The Strait of Hormuz has become a focal point of US-Iran confrontation. A maritime blockade…

The Times of India

US launches third night of strikes on Iran as Trump announces Hormuz blockade

American president says ships will be charged for safe passage through strait in apparent policy reversal

The Guardian - UK

McConnell's absence could jeopardize Republicans' defense spending agenda as the Iran war escalates

The Trump administration has asked Congress for an additional $350 billion in defense funds amid the reignited Iran war.

Fortune

Cotton Closes Mixed on Monday

Cotton futures were mixed to start the week, with contracts down 9 to 10 points higher. Crude oil was up $6.54 on the day following increased tensions with the US and Iran. The US dollar index was up $0.325. Monday afternoon’s Crop Progress showed 60% of the US cotton crop...

Barchart

FACT FOCUS: A look at US and Iranian claims of control over the Strait of Hormuz

A focal point of the Iran war is increasingly about who controls the Strait of Hormuz — a waterway that for decades was a relatively safe transit route for Middle East oil and natural gas supplies

The Independent UK

US military death toll in Iran war rises to 14 after Navy pilot death this month

The U.S. military’s official tally of deaths in the Iran war has risen to 14 service members, with the death of a Navy pilot in a helicopter crash in early July in the Arabian Sea

The Independent UK

Keir Starmer speaks out on Strait of Hormuz attacks as Trump threatens 20% tolls

Sir Keir made his remarks after the US president claimed charging a fee on cargo for use of the Gulf channel was a “matter of fairness” to cover the cost of providing security

The Independent UK

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Reason

Did Lindsey Graham Push Trump Toward War?

Plus: Trump's escalating war with Iran, the bipartisan congressional housing bill, and Graham Platner's campaign collapse

Evening Standard

Starmer calls for restriction-free Strait of Hormuz as Trump threatens tolls

The move by the US president to slap a charge on vessels using the sea route is branded ‘economic extortion’ by critics.

The Guardian - AU

Morning Mail: Trump to reinstate Iran blockade, Hollywood hails Sam Neill, and sextortion on the rise

Online watchdog says young men most likely to be targeted in growing problem; Steven Spielberg and Nicole Kidman remember ‘one of the greats’

Barchart

Stocks Settle Lower as Chipmakers Routed and US-Iran Tensions Escalate

The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.79%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.88%. September E-mini S&P futures (ESU26 ) fell -0.79%, and September E-mini Nasdaq futures...

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International Business Times

Wall Street Poised For Strong Q2 Earnings As SpaceX IPO, Market Volatility Drive Growth

JPMorgan, Goldman Sachs and other big banks are poised for strong Q2 earnings, fueled by the SpaceX IPO, Iran war-driven market volatility and a recovery in commercial lending.

The Independent UK

White House reacts to ‘Iran War Participation Trophy’ on National Mall mocking Trump

IN FULL

Kiplinger

Stocks Down, US-Iran War Action Up: Stock Market Today

A big week for incoming earnings, inflation and interest rate data and commentary begins with another sell-off in South Korea and a refreshed energy shock.

The Economic Times

US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop

Tech stocks dragged Wall Street lower as escalating US Iran tensions and a renewed blockade lifted oil prices and dented risk appetite. Nasdaq led losses amid chip stock weakness, while energy shares supported the Dow. Investors now await Fed Chair Warsh testimony, inflation data and big bank earnings for directional…

International Business Times

The U.S. And Iran Are Escalating Clashes Again. Stocks Dropped And Oil Soared Almost 10%

Stocks dropped on Monday as tensions between the U.S. and Israel flare up again.

International Business Times UK

UN Shipping Agency Says There Is 'No Legal Basis' for Trump's Hormuz Toll Plan

The UN's maritime agency has rejected Donald Trump's proposal to charge a 20% fee for vessels passing through the Strait of Hormuz, citing no legal basis for tolls on international waterways.

Barchart

Dollar Rises with Crude Prices and Bond Yields

The dollar index (DXY00 ) rose by +0.29% on Monday. The dollar found support Monday on some safe-haven demand from escalating hostilities in the Middle East after the US and Iran traded attacks over the weekend. Also, Monday's stock market weakness boosted liquidity demand for the dollar. In addition, Monday's...

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