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UNBELIEVABLE: 7 - Caught on Camera

Military Activity In Hormuz Remains Subdued As U.S. Maintains Economic Pressure On Iran. Oil Drops Again.

At the same time, the chairman of the Iranian Parliament's Foreign Relations Committee said the U.S. asked a Pakistani delegation to encourage Iran to return to peace talks.

International Business Times

Latest sanctions on Iran risk strengthening Tehran and undermining US credibility

The United States has announced its latest plan to put maximum economic pressure on Iran. Launching “Operation Economic Outcast” on August 24, the US treasury secretary, Scott Bessent, said the plan would involve the “toughest sanctions in history” against Iran.

The Conversation

The US promised ‘the toughest sanctions ever’ on Iran. Here’s what Trump’s team actually delivered

IN FOCUS: Despite warning of an ‘economic D-Day’, experts tell Maira Butt that Washington stepped back from the toughest measures over fears it would harm the global economy

The Independent UK

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China denounces US threat of sanctions over trade with Iran

Beijing says it will take ‘all necessary measures’ to protect its interests as US steps up efforts to isolate Tehran

The Guardian - UK

Trump now plans to grow his way out of $40 trillion debt crisis—it's a 'fantastic story' but virtually impossible, says top budget economist

"If you tell the debt markets: 'Hey, we think we're gonna be able to grow our way out of this,' and then a year later they're not seeing any improvements from that, then it's a credibility issue."

Fortune

Iran used mosques to surveil, shoot at January protesters: Report

Iranian security forces used mosques across Tehran as bases to deploy personnel, monitor protesters and confront demonstrators during a deadly crackdown in January, according to evidence obtained by Iran International.

The Times of India

Ship disabled by attack in Strait of Hormuz and other news from around the Middle East

An oil tanker was disabled after being struck by an unknown projectile off Oman, underscoring shipping risks as Iran maintains tight control over the Strait of Hormuz

The Independent UK

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What the new US sanctions on Iran mean for European businesses

The US has unveiled a sweeping expansion of secondary sanctions intended to sever Iran's remaining links to the global economy, warning that companies anywhere in the world that keep trading with Tehran risk losing access to the dollar system.

Euronews

US Treasury’s Scott Bessent ‘will lose’ battle with bond markets, former mentor warns

Trump ally should cut budget deficit rather than try to suppress bond yields, says billionaire Stanley Druckenmiller

The Guardian - UK

Gold hits highest level in three months as traders worry about US inflation and bond market jitters – as it happened

Spot gold touches almost $4,700 an ounce and Bitcoin tops $80,000 while oil prices fall despite threat of heavy US sanctions on Iran and any country trading with it

The Guardian - UK

Iran Sanctions Target the Dollar System as China Tests Trump's Resolve

Treasury Secretary Scott Bessent threatened to cut firms laundering money for Iran out of the US dollar system, but enforcing it against China before the September Trump-Xi summit is the real test.

International Business Times UK

Trump's 'Economic D-Day' Puts China and Iran's Trade Partners at Risk of Dollar-System Ban

The US has initiated 'Operation Economic Outcast,' threatening sanctions on entities supporting Iran, including Chinese companies, to disrupt Tehran's trade networks and pressure its economy.

International Business Times UK

Iran-US war latest: Tehran insists Strait of Hormuz is still closed despite ‘understanding’ with Oman

Trump threatens to launch new strikes on nuclear site as well as Iranian military ships in the key waterway

The Independent UK

‘US not in economic position to further restrict, no one buys their bombast’: Iran

Iranian Parliament Speaker and top negotiator Mohammad Bagher Ghalibaf has hit back at the United States over its escalating economic pressure on Tehran, saying Washington is not in a position to further restrict its economic relations with other countries.

The Times of India

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The Guardian - AU

China is the biggest buyer of Iran’s oil. Could US sanctions threaten those ties?

The US has put the world on notice to cease doing business with Iran, but experts say Washington is wary China could retaliate against any sanctions

The Economic Times

US ‘by no means’ ruling out kinetic strikes on Iran, including Strait of Hormuz, Pete Hegseth says

US War Secretary Pete Hegseth said Washington remains prepared to use military force against Iran, including in the Strait of Hormuz, while intensifying economic pressure on Tehran. Treasury Secretary Scott Bessent launched “Operation Economic Outcast” to isolate Iran financially.

Bangkok Post

US warns China, all other nations to cut Iran ties or face sanctions

The United States on Monday warned that China and all other countries now face an increased risk of secondary sanctions if they do business with Iran as Washington launches a fresh campaign aimed at severing crucial economic lifelines for Tehran.

The Economic Times

Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks

On Tuesday, the U.S. dollar showed weakness against key currencies as investors reacted to new sanctions on Iran and attempts to reduce Treasury yields. The euro and pound both saw minor increases, approaching their recent highs. Additionally, Bitcoin enjoyed a notable weekly surge, bolstering its upward trajectory. Market watchers are…

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The Independent UK

Hegseth refuses to rule out US strikes on Iran amid sanctions

IN FULL

The Economic Times

Bessent's D-Day sanctions are more Anzio, but Iran response is key

US sanctions announced by Treasury Secretary Scott Bessent aim to pressure Iran and countries doing business with it, but their gradual approach may limit their impact. Iran has previously evaded sanctions through front companies and Chinese ties, while reduced oil exports and Strait of Hormuz tensions could keep crude markets…

The Economic Times

Iran vows to retaliate after US widens sanctions

Iran has vowed to retaliate against expanded US economic sanctions, warning Washington of attacks on vital interests and energy chokepoints if its infrastructure is threatened. Treasury Secretary Scott Bessent said countries continuing to trade with Tehran could lose access to the dollar system, while China and Russia rejected the pressure…

The Economic Times

Global Market Today: Asian stocks dip after US tech selloff, gold gains

Asian markets followed Wall Street's downward trend as caution in technology stocks seeped into trading. Meanwhile, gold prices soared for the fifth day straight, hitting impressive highs. Investors are on the edge of their seats awaiting Nvidia's earnings announcement, which is expected to sway market sentiment. Federal Reserve Chair Kevin…

International Business Times UK

Trump Admin Unleashes 'Operation Economic Outcast': US Tightens Iran Sanctions To Choke off Regime's Cash

The Trump administration's 'Operation Economic Outcast' aims to isolate Iran economically by targeting five key sectors, warning global entities of secondary sanctions for aiding Tehran.

The Independent UK

The Latest: Bessent warns the world to cut financial ties to Iran or face US retaliation

Treasury Secretary Scott Bessent says U.S. secondary sanctions in the pipeline aim to block all potential sources of revenue for Iran, telling nations to cut economic ties to Tehran or face U.S. retaliation

International Business Times

The U.S. Escalated The Trade War With Canada And Unveiled More Sanctions Against Iran. Stocks Were Mixed.

Key technology stocks led the decline, overshadowing a decrease in Treasury yields.

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