Iran’s president denies threatening to resign during talks over strait of Hormuz Masoud Pezeshkian dismisses talk of internal rift as hardline Assembly of Experts call US negotiations ‘futile’ The Guardian - UK · Aug 4
Revealed: major oil firms make $93bn profits amid war and climate crisis Iran conflict windfall over three months reignites calls for companies ‘cashing in on human misery’ to pay for environmental damage The Guardian - UK · Aug 4
Trump administration now looking for ‘creative’ ways to ‘pressure and punish’ Iran “I think we just want to win.” We Got This Covered · Aug 4
Iran Conflict Boosts Inflation Threat The Federal Reserve faces a dilemma on how quickly to raise interest rates as prices of key commodities stay high. Kiplinger · Aug 4
How the Iran war exposed cracks in the US-Israel partnership Donald Trump's patience with Benjamin Netanyahu is reportedly exhausted over Iran policy. Netanyahu faces growing criticism and a negative view of Israel in America. Young voters increasingly sympathize with Palestinians due to Israeli actions. The strong US-Israel lobby faces challenges from younger Democrats and Republican isolationists. This situation strains the… The Economic Times · Aug 4
Big Oil profits surge as Iran war keeps energy prices elevated European and Middle Eastern oil firms reported significant profit increases recently. Saudi Aramco saw its net profit climb by forty-four percent year-on-year. American energy companies also posted enormous profits last week. Consumers face higher costs for fuel and air travel globally. Oil prices have recently fallen after potential diplomatic progress. The Economic Times · Aug 4
Big oil companies continue to post banner profits as fighting in Iran drives costs higher Big oil companies continue to book massive profits as fighting in Iran disrupts energy markets and sends oil and gasoline prices sharply higher The Independent UK · Aug 4
Iran, Oman near Hormuz reopening deal as talks advance Iran and Oman are making progress on a deal to reopen the Strait of Hormuz. This potential agreement involves shared control and service fees for maritime passage. US officials confirm talks are ongoing but not yet finalized. President Trump stated this is Iran's last chance to avoid escalation. A cargo… The Economic Times · Aug 4
US and Qatar report progress on Iran ceasefire and reopening Hormuz strait Optimism echoes Trump’s claims on Monday that deal is close as mediators say they are exchanging proposals The Guardian - UK · Aug 4
Bulletin world briefing: Iran warns Trump could start World War III and Europe holds Cueta crisis talks Iran warns Trump could start World War III amid Strait of Hormuz tensions European nations hold emergency talks amid tensions over Spain’s Ceuta crisis Why plans to transfer crocodiles to an Israeli prison have been halted Air India flight hit by severe turbulence as passengers and crew are injured Three… The Independent UK · Aug 4
Bulletin PM briefing: Migrant boat capsizes and Russian drone hunts civilian What we know as boat carrying 157 migrants capsizes in Channel. Video shows Russian drone hunting Ukrainian market vendor in alleged war crime. Iran warns Trump could start World War III amid Strait of Hormuz tensions. PC Andrew Harper’s widow ‘appalled’ by killers’ early prison release. Prisoners serving indefinite jail… The Independent UK · Aug 4
Crude Oil Prices Slump on Hopes of a Deal to Reopen Strait of Hormuz September WTI crude oil (CLU26 ) today is down -3.77 (-4.72%), and September RBOB gasoline (RBU26 ) is down -0.1201 (-4.05%). Crude oil and gasoline prices are sharply lower today for a second day, with crude falling to a 3-week low and gasoline dropping to a 4.75-month nearest-futures low. Growing... Barchart · Aug 4
Stock Indices Rally on Strong Tech Earnings and US-Iran Peace Hopes The S&P 500 Index ($SPX ) (SPY ) today is up +1.13%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.21%. September E-mini S&P futures (ESU26 ) are up +1.20%, and September E-mini Nasdaq futures... Barchart · Aug 4
The Iran War Continues Keeping Energy Markets On Edge. Saudi Aramco Profits Are Jumping. Saudi Aramco reported a 33% jump in second-quarter profit as higher oil prices driven by the Iran conflict boosted revenue, with the company highlighting the role of its East-West pipeline in keeping exports flowing despite disruptions around the Strait of Hormuz. International Business Times · Aug 4
Barchart · Aug 4 S&P 500 Posts a New Record High on Strong Tech Earnings The S&P 500 Index ($SPX ) (SPY ) today is up +0.73%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.00%. September E-mini S&P futures (ESU26 ) are up +0.72%, and September E-mini Nasdaq futures...
The Independent UK · Aug 4 US job openings slip to 7.4 million, but labor market remains resilient in face of fighting in Iran U.S. job openings fell slightly in June, but the labor market continued to show resilience in the face of an economic shock from Iran war
International Business Times · Aug 4 Stocks Keep Climbing On Hopes Of Iran Deal And Strong Corporate Results. The S&P 500 Reaches a New Record The S&P reached a new record high on Tuesday on hopes of a deal to reopen the Strait of Hormuz and renewed appetite for tech stocks.
International Business Times · Aug 4 Trump Threatened Iran With Massive Escalation If Talks Fail. But The Army Has Reportedly Used Most Of Its Long-Range Precision Missiles The U.S. Army has used practically all of its long-range precision missiles during the war in Iran, according to a new report.
International Business Times UK · Aug 4 'Trump's Brain Is Swiss Cheese': President Mocked Over Bizarre 'Contraflict' Word Salad President Trump's recent Oval Office speech led to social media discussions about his cognitive abilities, following verbal slip-ups during a military family announcement.
Euronews · Aug 4 Qatar says whole region engaged in stopping war escalation, but no direct talks yet Qatar says US-Iran mediation is at an advanced stage, but no direct talks are expected at the moment, as Doha calls for the return to free navigation through Hormuz. Qatar urges pressure on Israel to fully implement the Gaza roadmap.
The Independent UK · Aug 4 US Army’s missile stockpile ‘virtually’ depleted due to Iran conflict IN FULL
The Economic Times · Aug 4 Copper hits two-month high above $14,000 as inventories dip Copper prices climbed above $14,000, reaching a two-month high on Tuesday. This surge was fueled by decreasing inventories outside the United States and potential Iran war resolution. Available copper inventory in LME warehouses fell to just over a day's global consumption. Aluminium prices also rose, touching their highest level since…
Euronews · Aug 4 Lebanon and Israel hold new round of direct talks in Rome to discuss Hezbollah disarming This week's negotiations are the seventh round of Washington-mediated talks since Hezbollah drew Lebanon into the Middle East war in March with rocket fire at Israel in support of its backer Iran.
Benzinga · Aug 4 Scott Bessent Signals Imminent US-Iran Deal to Reopen Strait of Hormuz, Sending Oil Lower: 'We May Have a Deal Today or Tomorrow...' U.S. Treasury Secretary Scott Bessent signalled the U.S. and Iran could reach an agreement as early as Tuesday or Wednesday to reopen the Strait of Hormuz, restoring free passage for commercial shipping.
The Guardian - UK · Aug 4 Rubio hopes US can reach Hormuz deal with Iran ‘very shortly’ as officials say progress has been made – as it happened US secretary of state comments come after treasury secretary, Scott Bessent, said Washington could reach a deal ‘by tomorrow’