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INSANE: 55 | Vintage Vibes

'Took full advantage of ceasefire': Iran prepares for wider war with US, expands military plans

Iran’s Islamic Revolutionary Guard Corps (IRGC) has used the period of relative calm following a June memorandum of understanding with the United States to prepare for a possible wider confrontation, including plans for pre-emptive strikes and potential operations on enemy territory.

The Times of India

Trump threatens to bomb Oman if it gets in way of Iran deal

WASHINGTON - President Donald Trump threatened on Monday to bomb Oman if it "gets in the way" of a US deal with Iran on the Strait of Hormuz and called for Tehran to surrender in a war that has become a growing political burden.

Bangkok Post

Iran-US war latest: Trump claims Strait of Hormuz is open with all mines removed after declaring it ‘new US territory’

Negotiations between the parties remain deadlocked as the waterway remains largely closed

The Independent UK

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Red Sea blockade threat: Why India’s trade faces a wider supply-chain shock

A prolonged disruption could force ships to reroute around the Cape of Good Hope, raising logistics costs while squeezing exporters and adding pressure on imported industrial and agricultural inputs.

The Economic Times

🔴 Middle East live: US says Israel behind strikes on military airport in Syria

Turkey rejected on Wednesday Israeli allegations that it posed a threat by preparing to send troops to a base in Syria, which was hit in a strike that the United States blamed on Israel.

France 24

Chuck Schumer Slams Trump’s Iran MoU as ‘Utter Failure’ as Gas Prices Top $4: ‘One of the Greatest Foreign Policy Fiascos’

Senate Minority Leader Sen. Chuck Schumer (D-NY) slammed President Donald Trump on Monday amid rising fuel costs and ongoing tensions between Washington and Tehran, criticizing the earlier Memorandum of Understanding (MoU) signed between the U.S. and Iran.

Benzinga

'39,000 soldiers guarding you from Kim’: Trump reduces military drills with South Korea over Iran

US president Donald Trump has put fresh strain on Washington’s security ties with Seoul, saying South Korean president Lee Jae Myung declined a request to assist the US in its military operation against Iran. Trump also questioned the cost of America’s defence commitments to South Korea.

The Times of India

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Trump approval rating lowest at 33% as Iran war takes toll on Americans

US president Donald Trump’s approval rating has fallen to the lowest level of his current presidency, with just 33 per cent of Americans approving of his performance. A majority are concerned that the US war with Iran could last a long time, according to a Reuters/Ipsos poll that concluded on…

The Times of India

Oil Price Today (August 18): Crude oil crosses $91/barrel amid fading US-Iran peace hopes. What lies ahead?

Crude oil prices surged past $91 per barrel on Tuesday, August 18, as peace talks between the US and Iran stalled. With shipping disruptions persisting in the Strait of Hormuz, global brokerages like Goldman Sachs and JPMorgan warn Brent crude could scale between $114 and $120 a barrel if supply…

The Economic Times

US to announce steps to help refiners produce more fuel, energy chief Wright says

US Energy Secretary Chris Wright announced steps to increase refinery fuel output soon. High gasoline prices are a concern for President Donald Trump's party. Refineries are running at record rates while Middle East facilities are turned down. Wright stated increasing output is key to lowering gasoline prices. He added that…

The Economic Times

Iraq to probe drone attack on Kurdistan PM's office

Iraq will investigate a drone attack on the Kurdistan prime minister's office. Iran denied involvement and called the incident a ploy to harm relations. Kurdistan authorities blamed Tehran for the drone strikes on government buildings. The region has faced over a thousand attacks since the Middle East war began. This…

The Economic Times

Aussie shares flat as health stocks, BHP limit losses

Earnings season continues to drive local stock volatility, after company results drove buying in BHP and the beaten-down healthcare sector.

AAP

Bitcoin, Ethereum, Dogecoin Rise, XRP Flat as Trump Prepares to Host White House Crypto Summit: Analyst Says BTC 'High-Momentum Uptrend' Unlikely Until This Happens

Leading cryptocurrencies rose on Monday as investors weighed developments related to Iran and the possibility of a White House meeting with cryptocurrency and prediction-market executives.

Benzinga

Dollar feeble as rate hike bets dwindle, Iran war worries grow

The U.S. dollar weakened against major currencies as traders scaled back tightening expectations. Soft economic data, including retail sales and job losses, influenced these shifts. Traders now see a lower chance of a Federal Reserve rate hike in September. Elevated oil prices and geopolitical tensions in the Middle East are…

The Economic Times

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Benzinga

Trump Rejects Iran Ceasefire Extension as Tehran Threatens ‘Fully Offensive’ Posture: Brent Trades At $91

President Donald Trump rejected extending a temporary Iran ceasefire as Tehran threatened to adopt a more aggressive military stance, raising fresh concerns about the Strait of Hormuz, global oil supplies and financial markets.

The Economic Times

Oil climbs as fading US-Iran peace hopes raise supply risks

Oil prices climbed as Middle East war peace talks stalled significantly. Iran announced a shift to a fully offensive military posture. The United States ruled out extending a temporary ceasefire agreement. Shipping through the Strait of Hormuz has drastically decreased following recent attacks. This situation heightens worries about global energy…

The Economic Times

Trump criticises South Korea, says 'declined request to help US in Iran conflict'

Speaking to reporters, Trump said he called the South Korean President and asked whether he would be willing to "give us a little hand" with Iran, while stressing that the US, however, did not need assistance.

The Economic Times

Iran threatens to go on offensive in Strait of Hormuz if diplomacy with US fails

Iran will adopt an offensive military stance as peace negotiations with the United States have stalled. The memorandum of understanding signed in June has quickly unraveled over control of the Strait of Hormuz. President Trump has ruled out extending the temporary ceasefire agreement between the two nations. Iran has warned…

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TechRadar

45 MQ-9 Reaper drones have been destroyed in the Iran war - a quarter of the fleet worth $1.3 billion obliterated

The Iran war has destroyed roughly 45 American Reapers, exposing expensive drone losses while Washington searches for cheaper replacements.

International Business Times UK

Trump's Oil Reserve Releases Push US Stockpile to Its Lowest Point in Over Four Decades

The US Strategic Petroleum Reserve has dropped to its lowest level since 1982 due to emergency drawdowns aimed at mitigating global supply disruptions caused by tensions with Iran.

Barchart

Stocks Settle Lower on Rising Crude Prices and Higher Bond Yields

The S&P 500 Index ($SPX ) (SPY ) closed down by -0.52% on Monday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.17%. E-mini S&P futures (ESU26 ) fell -0.48%, and September E-mini...

The Economic Times

US stocks: US market slips as oil prices rise, retail results awaited

As investors braced for retail earnings reports, major stock indexes fell, signaling caution in the market. Oil prices surged, driven by concerns over Iran alongside global supply uncertainties. Recent economic data from July amplified the cautious atmosphere, as Home Depot and Walmart's earnings loom ahead, promising key insights into consumer…

International Business Times

U.S.-Iran Tensions Keep The Strait Of Hormuz Closed With No End in Sight. Stocks Declined.

A new report claimed that Iranian leadership is taking steps to widen the war.

The Guardian - UK

Netanyahu party campaign billboard likens Mamdani to leaders of Iran and Hezbollah

Likud’s depiction of Zohran Mamdani is latest move in spat between Israel’s prime minister and New York City mayor

The Economic Times

Gold appears set for a rebound as it regains safe-haven appeal after US-Iran war selloff

Gold has recovered nine percent, signaling renewed investor and central bank interest. The precious metal is now positioned for further gains after market shocks. Lower oil prices and softer inflation data support gold's upward trajectory. Institutional demand and rebuilding of positions are likely driving this trend. However, stalled peace efforts…

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