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UNBELIEVABLE: 178 | History Defined

Cotton futures saw modest weakness on a Wednesday correction, with contracts 6 to 73 points lower. The outside markets were generally stronger, as Crude oil was up $4.32 following the US striking Iran overnight and again today, as President Trump stated the ceasefire is over. The US also revoked waivers...

Barchart

US launches new strikes on Iran as Trump vows to hit ‘hard’

TEHRAN - The United States launched new strikes on Iran on Wednesday after President Donald Trump vowed to hit “hard” following Iranian attacks on ships in the Strait of Hormuz.

Bangkok Post

Trump explains why he switched back to old Air Force One from Qatari-gifted jet after leaving NATO summit

Retrofitted $400 million jet faces scrutiny over alleged lack of missile detection and countermeasures systems

The Independent UK

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US launches fresh wave of strikes on Iran after Trump declares ceasefire over

Renewed hostilities over the strategic Strait of Hormuz waterway have led to another spike in oil prices

Evening Standard

Prediction Markets Keep Betting The Strait of Hormuz Will Reopen But What If This Is the New Normal?

Prediction markets have repeatedly pushed back expectations for normal Strait of Hormuz traffic, raising questions over whether traders are underestimating a permanent shift in Gulf shipping.

International Business Times

US launches strikes on Iran for a second day after Trump says agreement to end the war is ‘over’

Attacks on three locations across Iran came after three tankers in the strait of Hormuz were targeted on Tuesday

The Guardian - UK

Morning Mail: Middle East peace in tatters, how Telstra’s outage wreaked havoc, Blues’ Brisbane boilover

US and Iran on the brink of reigniting conlict as Trump calls Tehran regime ‘scum’; NSW pull off unlikely Origin series decider at home of Maroons

The Guardian - AU

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US says carrying out more strikes after Iran’s attacks in Strait of Hormuz

The US carried out another round of strikes on Iran on Wednesday, hours after President Donald Trump said that recent Iranian attacks on ships in Strait of Hormuz signalled the end of the ceasefire. Military officials said in a social media post that the strikes were intended to "further degrade"…

France 24

Iran Parliamentary Official Vows 'No American Soldier Will Return Alive' if Trump Orders Kharg Island Raid

A senior Iranian lawmaker warns Trump that no American soldier would survive an attempt to seize Kharg Island, amid escalating tensions and military threats between the US and Iran.

International Business Times UK

US launches more strikes on Iran after Trump declared ceasefire over

IN FULL

The Independent UK

IMF lowers 2026 global growth forecast to 3% but projects rebound in 2027

The IMF has cut its global growth forecast for the second time this year, flagging "uncertainty and risks" brought on by the war in Iran. Spanish Prime Minister Pedro Sanchez responds to threats from Donald Trump that the US will cut off all trade with his country. And, the heatwave…

France 24

Beyond the War Premium: How Strategic Reserves Create a New Floor for Oil Prices

Oil pricing is a balance of two curves. Bears look only at stagnating demand, ignoring depleting cheap reserves and soaring capex. Meanwhile, geopolitical risks are sparking a boom in strategic storage.

Barchart

'It will get much worse': Donald Trump warns Iran as US launches fresh strikes over Tehran's Hormuz 'aggression'

United States Central Command forces conducted new strikes against Iran on Thursday. These actions aim to weaken Iran's ability to threaten shipping in the Strait of Hormuz. The strikes followed Iran's recent aggression against commercial vessels and civilian crews. President Donald Trump indicated the possibility of further swift military action…

The Times of India

Stocks Weighed Down by Geopolitical Risks

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.28%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.27%. September E-mini S&P futures (ESU26 ) fell -0.35%, and September E-mini Nasdaq futures...

Barchart

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The Guardian - US

US stock markets fall amid Iran strikes and potential higher interest rates

Dow down 1.09%, or 500 points, as S&P 500 sees a small loss and tech-heavy Nasdaq rises slightly

The Guardian - US

Ceasefire plunged into greater uncertainty amid fresh US strikes in Iran – as it happened

US president says new strikes are ‘retribution’ after ships hit in strait of Hormuz; Iranian state media report explosions in several locations

The Independent UK

In a surprise swap, Trump flies back from Turkey in an old Air Force One, not the Qatari-gifted jet

President Donald Trump is flying home from a NATO summit in Turkey on an old baby blue Air Force One plane instead of the new Qatari-gifted and retrofitted red, white and navy blue jet he arrived in

Kiplinger

Dow Falls 577 Points After Hormuz Ceasefire Fails: Stock Market Today

The S&P 500 of South Korea slipped into "bear market" territory while you were sleeping, but silicon hope sprang again in the US.

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news in one place.

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International Business Times

Tensions Keep Rising In The Strait Of Hormuz: Stocks Are Mostly Dropping As a Result

Stocks mostly dropped on Wednesday as tensions between the U.S. and Iran keep rising. Oil is soaring as well.

The Economic Times

US stocks today: Dow falls 500 points after Trump says Iran deal is 'over'

U.S. stocks closed lower after Donald Trump declared the Iran deal “over,” raising fears of further conflict and pushing oil prices higher. The Dow dropped sharply while the S&P 500 slipped. Chip stocks gained on Apple’s Broadcom deal, but inflation concerns and IMF growth cuts weighed on sentiment.

Barchart

Dollar Erases Early Gains as Stocks Rebound from Early Sell-Off

The dollar index (DXY00 ) fell by -0.05% on Wednesday. The dollar gave up an early advance on Wednesday and posted modest losses as stocks recovered from their worst levels, which reduced liquidity demand for the dollar. The dollar initially moved higher on Wednesday amid the surge in crude oil...

Barchart

Crude Oil Prices Surge as Geopolitical Risks Intensify

August WTI crude oil (CLQ26 ) on Wednesday closed up +3.08 (+4.37%), and August RBOB gasoline (RBQ26 ) closed up +0.1495 (+5.06%). Crude oil and gasoline prices settled sharply higher on Wednesday, with crude rising to a 2-week high and gasoline climbing to a 1-month high. Crude prices are soaring...

Euronews

Trump skips new Air Force One on return from Turkey NATO summit

Asked during a press conference whether the change was for security reasons related to Iran, Trump sidestepped the question by talking about previous alleged assassination attempts by Tehran.

The Guardian - UK

Atmosphere in Iran remains highly charged after Ayatollah’s funeral and escalation of grievances with US

World is witnessing a turning point, says ministry spokesperson, as Iran seeks to assert independence amid rising tensions

The Guardian - UK

Sabre-rattling to ‘tremendous love’: erratic Trump dominates final hours of Nato summit

Alliance leaders, who had feared the worst, will hail US president’s renewed support for article 5 as key victory

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