UK households will suffer £2,400 hit from Iran war, analysis shows The conflict is continuing to ‘squeeze’ the British economy, thinktanks warn The Independent UK · Aug 31
Stocks Pressured as Soaring Crude Prices Boost Bond Yields The S&P 500 Index ($SPX ) (SPY ) is down by -0.42% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.23%. E-mini S&P futures (ESU26 ) are down -0.40%, and September E-mini... Barchart · Aug 31
Tehran mocks Trump’s ‘laughable’ claims after US president stated Iran is ‘dead’ IN FULL The Independent UK · Aug 31
US Stocks Today: US stocks fall as Iran war escalation sends oil prices up US stock indexes declined as oil prices rose due to escalating US-Iran conflict. Inflation concerns grew after Fed Chair Kevin Warsh's hawkish remarks at Jackson Hole. Traders now anticipate a higher probability of a Federal Reserve rate hike in September. Energy stocks gained while most other sectors experienced losses on… The Economic Times · Aug 31
Pete Hegseth Warned That Extending The War In Iran Is Unsustainable And Could Weaken U.S. Forces Elsewhere: Report The warning came in an assessment that included the input of many top U.S. commanders. International Business Times · Aug 31
The Latest: Trump says Venezuela agreed to give US control of 65 billion barrels of oil reserves President Donald Trump says Venezuela has agreed to give the U.S. access to vast amounts of the South American country’s untapped oil reserves, at cost The Independent UK · Aug 31
Iran’s economy in crisis as US launches new sanctions campaign Trump’s Operation Economic Outcast is expected to push many Iranians into deeper poverty as food inflation soars The Guardian - UK · Aug 31
European gas prices spike above €70 amid renewed Middle East fighting The benchmark Dutch TTF natural gas price rose above €70 per megawatt-hour on Monday, as renewed fighting between the US and Iran raised fresh concerns about further delays to LNG exports from the Persian Gulf. Euronews · Aug 31
U.S. And Iran Trade Strikes Again. Oil Prices Soar. Brent crude prices climbed more than 5% and went back above $90 per barrel on Monday morning. International Business Times · Aug 31
Trump Admin To Further Escalate Economic Pressure On Iran: 'Financial Violence If We Have To' "We are showing people that we know who you are, you know who you are, and this has got to stop," Scott Bessent said. International Business Times · Aug 31
U.S.-Iran Hostilities Resume. Trump Again Threatens To Target Key Island For Tehran's Oil Exports. U.S. forces said they struck Iranian rocket launchers on Larak Island on Sunday, while Tehran launched missiles at U.S. bases in Jordan. International Business Times · Aug 31
Exclusive: US naval blockade is paralysing daily life, Iranians tell Euronews A Euronews Farsi exclusive shows how a reinstated US naval blockade is paralysing Iran’s trade, driving 70% inflation and pushing families into survival mode. From stranded cargo to empty tables, Iranian citizens speak out on the worsening humanitarian crisis. Euronews · Aug 31
Global Market: Emerging Asian currencies fall as Fed hike bets rise, oil prices surge Most emerging Asian currencies and equities fell on Monday as hawkish comments from US Fed Chair Kevin Warsh boosted bets on a possible September rate hike, strengthening the dollar and pressuring regional assets. A surge in oil prices amid escalating US-Iran tensions added to concerns for energy-importing economies. The Economic Times · Aug 31
UAE intercepts incoming Iranian drone, and other news from the Middle East An Iranian drone was intercepted early Monday over the United Arab Emirates territorial waters, the Defense Ministry said The Independent UK · Aug 31
Fortune · Aug 31 Trump threatens to blow Kharg Island 'to smithereens' as U.S. and Iran trade fresh strikes in the Gulf, driving up the price of oil Everything you need to know before you reach the office this morning.
Barchart · Aug 31 Stocks Set to Open Lower as Fresh U.S.-Iran Flare-Up Lifts Oil, Jobs Data Awaited September S&P 500 E-Mini futures (ESU26) are down -0.23%, and September Nasdaq 100 E-Mini futures (NQU26) are down -0.17% this morning, pointing to a lower open on Wall Street as renewed hostilities in the Middle East pushed oil prices higher.
The Guardian - UK · Aug 31 First Thing: Desperate rescue attempts continue in Nepal to reach hundreds thought to be trapped Death toll from unprecedented deluge of ice, rock, mud and debris now stands at more than 900. Plus, was it a mistake to take away Pluto’s planet status?
The Economic Times · Aug 31 India’s Q1 GDP growth quickens to 7.8% as consumption, capex offset US-Iran war shock India’s GDP grew 7.8% in Q1 FY27, slower than the revised 8.6% in Q4 FY26, but faster than the revised 6.9% in Q1 FY26. The Q1 growth beat the 7.3% Economic Times poll estimate and the RBI’s 7% projection.
Euronews · Aug 31 G20 finance chiefs gather in North Carolina with Iran sanctions and tariffs in focus Finance ministers and central bank governors from the world's largest economies meet in Asheville, North Carolina, on Monday and Tuesday, hosted by a US administration that is simultaneously pressing allies to help isolate Iran financially and imposing tariffs on several of them.
The Economic Times · Aug 31 “We want to expand and diversify our trade basket”: PM Modi after meeting Iran President Pezeshkian in Bishkek Prime Minister Modi met Iranian President Pezeshkian in Bishkek. They committed to strengthening India's long-standing friendship across diverse sectors. Both leaders aim to expand and diversify bilateral trade in the coming times. They also discussed the prevailing regional situation and lasting peace efforts. India will continue supporting initiatives for uninterrupted…
The Economic Times · Aug 31 Global market: European shares dip as fresh US-Iran strikes push oil, bond yields higher European shares opened lower on Monday as renewed US-Iran military tensions pushed oil prices and bond yields higher, although the STOXX 600 remained on track for its fifth consecutive monthly gain. Energy stocks rose as Brent crude climbed above $90 a barrel, while Germany’s DAX fell ahead of key inflation…
The Independent UK · Aug 31 New US missile touted for accuracy seems to have killed Iranian civilians far from blast site Detonating over an athletic center and two residential neighborhoods, the strikes claimed at least 21 people’s lives, among them seven children
The Economic Times · Aug 31 SCO Summit: PM Modi meets Iranian President Masoud Pezeshkian in Bishkek Earlier, PM Modi had met with the Armenian Prime Minister Nikol Pashinyan and is expected to meet Russian President Vladimir Putin later in the day
The Guardian - UK · Aug 31 First US military attacks on Iran in a month prompt retaliation US attacks Iranian rocket launchers on island in strait of Hormuz and Tehran targets US bases in Jordan and UAE