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HISTORICAL FACTS: 48 - The Untold Story

US urges allies and China to join Iran economic pressure campaign

The United States on Thursday urged allies and China to join its campaign to isolate Iran's economy, as President Donald Trump seeks to intensify pressure on Tehran amid a stalemate in the war and growing domestic criticism.

France 24

Aussie shares fall for second week as bond worries loom

Geopolitical and macroeconomic concerns are casting a shadow over global equity markets, causing some investors to seek shelter in safe-haven assets.

AAP

Oil Price Today (August 21): Crude oil nears $95 as Iran peace deal hopes fade. What are experts saying?

Crude oil Price today: An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks. U.S. President Donald Trump also threatened economic retaliation against countries supporting Iran.

The Economic Times

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Oil set for second weekly rise as unsettled US-Iran war crimps supply

Oil prices are maintaining their momentum, showing potential for a second consecutive week of gains. The escalating tensions between the US and Iran are creating disruptions in oil supply throughout the Middle East. While Brent crude futures have seen a slight uptick, WTI futures registered a small decline. Rising fears…

The Economic Times

Economic pressure a 'delicate dance' against Iran, most effective tool: JD Vance

US-Iran war: United States Vice President JD Vance emphasized that applying economic pressure constitutes Washington's strongest measure against Iran. He described this tactic as a complex maneuver that could have broader implications. Reacting to the recent US sanctions, Iran's Foreign Ministry condemned them as acts of economic terrorism and humanity's…

The Economic Times

Iran, the economy and mending fences: Top takeaways from Trump interview with friend-turned-foe Michael Cohen

Michael Cohen, Trump’s former fixer turned key witness against him, said it was their first public conversation in eight years

The Independent UK

US to impose ‘toughest sanctions in history’ on Iran, Scott Bessent says

United States Treasury chief Scott Bessent announced unprecedented sanctions against Iran. These stringent measures aim to avoid significant new military operations. Oil prices surged following these threats of financial penalties. Iran condemned the sanctions as economic terrorism and vowed defiance. Details of the comprehensive sanctions package will be revealed next…

The Economic Times

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Stocks Settle Lower as Rising Crude Prices Spur Inflation Fears

The S&P 500 Index ($SPX ) (SPY ) closed down by -0.87% on Thursday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -1.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.72%. E-mini S&P futures (ESU26 ) fell -0.85%, and September E-mini...

Barchart

Crude Oil Prices Rally as President Trump Escalates Pressure on Iran

September WTI crude oil (CLU26) closed up +2.00 (+2.33%) on Thursday, and September RBOB gasoline (RBU26) closed up +0.0078 (+0.24%). Crude oil and gasoline prices settled higher on Thursday, with crude oil climbing to a 1-month high. Crude prices rose after President Trump threatened to crush Iran’s economy, dampening any...

Barchart

Iran dismisses US economic threats, and other developments in the Middle East

Iran has dismissed U.S. President Donald Trump’s threats of economic pain and isolation

The Independent UK

US to impose ‘toughest sanctions in history’ on Iran; Scott Bessent bets on 'one-two punch' to cripple Iranian regime

US Treasury Secretary Scott Bessent said Washington will impose the “toughest sanctions in history” on Iran, with details expected Monday, as the Trump administration seeks to intensify economic pressure on Tehran. Bessent also urged China to cooperate, citing its dependence on Gulf energy and warning against sustaining Iran’s economy.

The Economic Times

Iran rejects Trump's Hormuz 'total control' claim, says strait will reopen only on Tehran's terms

Iran has pushed back against US President Donald Trump’s repeated claims that Washington has “total control” over the Strait of Hormuz, with Tehran insisting that the strategically vital waterway remains under Iranian control and will not be fully reopened to international shipping unless the US meets its demands.

The Times of India

The Latest: The US national debt hits a record $40 trillion

The United States’ debt has surpassed a record $40 trillion, a staggering milestone as defense costs, social programs and interest on the burgeoning deficit make up an enormous share of federal spending

The Independent UK

Donald Trump expertly plunges U.S. debt past $40 Trillion, then declares an ‘economic D-Day’ to crush already-struggling nemesis

“This will be Economic Warfare and Isolation on an unprecedented scale.”

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International Business Times

Bessent Doubles Down On Economic Pressure Against Iran, Says It Likely Means No 'Large-Scale Kinetic Restart'

President Donald Trump on Wednesday said Washington will launch the "most crushing economic operation ever taken against any country."

The Independent UK

USS Lincoln’s replacement arrives in Middle East after worries over troops’ mental health

The Washington's arrival follows growing concerns about the Lincoln's extended tour, which included a record-setting uninterrupted stretch at sea of over 250 days

The Independent UK

Bulletin world briefing: Why North Korea has fired a barrage of ballistic missiles

Here are five stories from across the globe you may have missed

Barchart

Crude Oil Prices Jump as Hopes Dim of Reopening the Strait of Hormuz

September WTI crude oil (CLU26) is up +2.03 (+2.37%) today, and September RBOB gasoline (RBU26) is up +0.0008 (+0.02%). Crude oil and gasoline prices are moving higher today, with crude oil climbing to a 1-month high. Crude prices are rising after President Trump threatened to crush Iran’s economy, dampening any...

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news in one place.

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The Independent UK

Bulletin PM briefing: Fuel shortage chaos in Russia and Sussexes’ UK return

Harry and Meghan’s UK security funding ‘a private matter’, says Burnham. Russian police arrest citizens critical of fuel shortages caused by Ukraine war. Why has North Korea fired a barrage of ballistic missiles? How Iran has responded to Trump’s ‘Economic D-Day’ threat. Trevor Nelson shares brain tumour diagnosis after stepping…

Barchart

Stocks Under Pressure as Bond Yields Climb on Inflation Fears

The S&P 500 Index ($SPX ) (SPY ) is down by -0.29% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.51%. E-mini S&P futures (ESU26 ) are down -0.20%, and September E-mini...

International Business Times

Somali Pirates Have Returned To The Seas. A Turkish Vessel Was Seized This Week.

As the Iran war continues to catch the attention of U.S. military assets, piracy in the Red Sea and the Gulf of Aden is again on the rise.

The Economic Times

India can help create conditions for Iran-US agreement: Iranian Consul General on ending West Asia conflict

Iran's Consul General in Mumbai believes India can help foster conditions for an Iran-United States agreement. He described India as a peace-loving country capable of contributing to mediation efforts. Several countries already act as intermediaries between Iran and the United States. An agreement could bring peace, stability, and harmony to…

Bangkok Post

What's behind the UAE's decision to cut Iran trade ties?

DUBAI - The UAE this week announced suspending trade with Iran, heaping pressure on its major trading partner at the same time that the US declared "economic warfare" on Tehran.

The Economic Times

Oil rises to 3-week high as Iran war impasse fuels Middle East supply concerns

Oil prices climbed to three-week highs as uncertainty over the Iran conflict and Strait of Hormuz disruptions raised supply concerns. Brent rose 2.39% to $93.81, while WTI gained 2.89%. Both benchmarks headed for fifth consecutive sessions of gains.

Barchart

Stocks Slip as Soaring Crude Prices Push Bond Yields Higher

The S&P 500 Index ($SPX ) (SPY ) is down by -0.20% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.24%. E-mini S&P futures (ESU26 ) are down -0.24%, and September E-mini...

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