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UNCOVERED: 72 - Caught on Camera

Trump Signals Focus On Economic Pressure On Iran As Hormuz Deal Remains Elusive: 'They Have No Money'

Donald Trump signaled a shift to economic, rather than military pressure on Iran as a deal remains elusive following Tehran's latest demands to reopen the Strait of Hormuz.

International Business Times

For India, the Mecca pact is a setback. For China, it's a warning

A new defense pact between Pakistan, Saudi Arabia, and Turkey has been signed. This agreement is seen as a setback for India's regional interests. China may benefit commercially from increased weapon system access. However, the pact could also reduce US military focus in West Asia. This shift might allow greater…

The Times of India

Strait of Hormuz to stay shut until US ends naval blockade: Iranian FM spokesperson

Iran stated the Strait of Hormuz will not reopen until the US halts its naval blockade. Foreign Ministry spokesperson Esmaeil Baghaei attributed the closure to military aggression. He emphasized that reopening depends on conditions imposed by American and Israeli authorities. Iranian Foreign Minister Seyed Abbas Araghchi confirmed no active negotiations…

The Economic Times

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From IRGC commander to Iran’s security chief: Who is Mohsen Rezaei?

Iran appointed Mohsen Rezaei as secretary of its Supreme National Security Council. Rezaei, a hardliner and close ally of Supreme Leader Ayatollah Mojtaba Khamenei, takes the key security post. He previously commanded the Revolutionary Guards for sixteen years during the Iran-Iraq war. Rezaei also served as vice president for economic…

The Economic Times

Iran says Hormuz transit fee details not under discussion in Oman talks

Iran is not currently discussing details of possible transit fees with Oman as the two countries negotiate a new shipping route through the Strait of Hormuz, Foreign Ministry spokesperson Esmail Baghaei said. He said talks on the maritime mechanism remain ongoing, with the two sides discussing safe passage, environmental issues,…

The Economic Times

Benjamin Netanyahu Rejects Trump-Backed 15-Point Gaza Plan, Says Israel Won’t Withdraw Until Hamas Is Disarmed

Israeli Prime Minister Benjamin Netanyahu has dismissed a U.S.-endorsed Gaza disarmament plan, refuting allegations that Israel had given its approval to the proposal.

Benzinga

Stocks Set for Muted Open as Oil Rises on Hormuz Uncertainty, U.S. Inflation Data Awaited

September S&P 500 E-Mini futures (ESU26) are up +0.02%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.12% this morning, pointing to a muted open on Wall Street as oil prices rose amid growing doubts that the Strait of Hormuz will reopen anytime soon.

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Stock Market Today: Dow, S&P 500 Futures Fell as Trump Says US Is 'Only Semi-Negotiating' With Iran—T. Rowe, Plug Power, BIO-Key in Focus (UPDATED)

U.S. stock futures were lower on Monday, as the Dow Jones, S&P 500 and Nasdaq 100 indices fell, following Friday’s higher close.

Benzinga

New Hormuz security mechanisms developed with Oman: Iran's Foreign Ministry, says US violations block safe waterway

Iran and Oman are developing new mechanisms to monitor shipping safety through the Strait of Hormuz. Discussions between Tehran and Muscat are progressing smoothly and constructively on this matter. These mechanisms will cover shipping, environmental issues, maritime services, and crime combating. Iran states the Strait remains unsafe due to ongoing…

The Economic Times

Global Market: China bears the brunt of Asia’s crude oil demand cut as Middle East supplies shrink

China is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude imports fell sharply in June and July, despite a recovery in July. August shipments are expected to improve, but September could offer a clearer picture of supply disruptions.

The Economic Times

From Tehran to Tinseltown: Euphoria Actress Jewell Farshad on Representation and Diversity

When Iranian-American actress Jewell Farshad walked onto the set of HBO’s Euphoria for Season 3, she understood the significance of the moment.

inkl

Iran Replaces Top Security Chief as Hormuz Deal Hangs in Balance—‘Cannot Fight Forever,’ Says Pezeshkian

Iran’s top security official has reportedly stepped down amid ongoing diplomatic negotiations aimed at reopening the Strait of Hormuz.

Benzinga

$48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?

Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oil prices surging above $100 a barrel amid US-Iran hostilities. Their combined cash generation hit a record $90 billion, surpassing levels seen after Russia’s 2022 invasion of…

The Economic Times

JB Pritzker Demands Big Oil Return 'Windfall Profits' as Iran’s Hormuz Demands Threaten Another Gas Price Spike

Gov. Jay Robert ‘JB’ Pritzker (D-IL) has demanded that oil companies like Chevron Corp. (NYSE:CVX), ExxonMobil Holdings Corp. (NYSE:XOM), ConocoPhillips (NYSE:COP) and others commit to returning Iran war-induced profits to consumers.

Benzinga

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International Business Times UK

Oil Prices Rise on Iran-Oman Deal Hopes Despite Hormuz Stalemate

Oil prices are fluctuating due to diplomatic tensions over the Strait of Hormuz, with traders reacting to signals from Tehran, Washington, and Muscat rather than supply-demand fundamentals.

The Independent UK

Trump ‘semi-negotiating’ with Iran over Strait of Hormuz re-opening

IN FULL

Euronews

Can the EU stop Europe from running out of water? Ask the Euronews AI chatbot

Record temperatures are draining Europe’s water supply. With rivers at historic lows, drier soils, and severe water restrictions, concerns over the bloc’s water scarcity are growing. But what is the EU’s plan? Ask the Euronews AI chatbot.

Euronews

Oil prices rise as traders assess US-Iran talks on Strait of Hormuz deal

Crude gains as traders watch for progress in US-Iran talks that could pave the way for a deal to secure passage through the Strait of Hormuz.

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France 24

Iran's supreme leader appoints Guards general as military head

Iran's Supreme Leader Mojtaba Khamenei appointed Revolutionary Guards General Ali Abdollahi to the top post of the country's armed forces on Monday, while also confirming a new commander of the Guards. Earlier, Iran said the Strait of Hormuz would remain closed until the US met certain demands made by Tehran.…

The Times of India

Iran planning to release more public images of Mojtaba Khamenei amidst global scrutiny

Images of Iran’s Supreme Leader Mojtaba Khamenei appearing in public are set to be released for the first time since his appointment in March, according to Iran’s state-run Mizan news agency.

The Economic Times

What is the Patriot missile system and why are supplies depleted worldwide?

Global conflicts are rapidly depleting U.S. Patriot missile supplies. Ukraine urgently needs interceptors to counter Russian ballistic missile attacks. The Iran war has drained arsenals in the U.S. and Gulf states. European countries are also conserving missiles for their own defense needs. The U.S. is exploring options for Ukraine to…

Benzinga

Analyst Warns Iran’s Push for ‘Concessions’ Puts Hormuz Agreement at Risk, Says Gas Prices Could Rise Again—Expects US Oil Reserves to Stay Above 275 Million Barrels

GasBuddy analyst Patrick De Haan has warned that Iran’s demands for concessions from the U.S. over the Strait of Hormuz‘s reopening risk sending oil and gas prices climbing again as tensions continue between Washington and Tehran.

Benzinga

Trump Is Becoming Jimmy Carter, Says Chris Christie: 'Held Hostage by Iran' and 'It Was All Voluntary'

Former Gov. Chris Christie (R-N.J.) said President Donald Trump is becoming like former President Jimmy Carter as Iran gains leverage over the Strait of Hormuz, arguing the situation has left the president and global economy vulnerable.

The Economic Times

Silver climbs Rs 2,100/kg, but gold prices fall as focus shifts to inflation data amid Iran war. Key levels to track

Gold and silver prices traded mixed on the MCX, with silver extending gains while gold edged lower as investors booked profits after last week’s sharp rally. Focus shifted to upcoming US inflation data for cues on the Federal Reserve’s rate outlook. MCX silver futures rose Rs 2,134 to Rs 2,33,600…

The Economic Times

Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?

Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shipping lanes. Attacks on Saudi and UAE facilities heightened supply concerns over the weekend. Analysts predict significant price increases if disruptions continue for months. Oil is expected to…

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