Iran And One Of Its Proxies Keep Their Chokehold On Key Waterways. Oil Keeps Climbing. Brent crude, the international benchmark, topped $91 a barrel. International Business Times · Aug 18
A Former Fed President Says Without the War in Iran and the Oil Spike, Nobody Would Even Be 'Talking About the Prospect of a Rate Increase' One of the most quoted Fed watchers alive is willing to say what serving officials will not about the War in Iran and interest rates. Barchart · Aug 18
Trump says no talks with Iran, naval blockade remains in force United States President Donald Trump stated no talks are happening with Iran. He affirmed the naval blockade remains fully in effect and operational. The Strait of Hormuz is open and functioning, he also mentioned. All water mines in the strategic waterway have been removed or detonated. These remarks come amid… The Economic Times · Aug 18
Trump Posts Map Labelling Strait of Hormuz New U.S. Territory; Iran Official Calls It a 'Delusion' Donald Trump has intensified tensions with Iran by suggesting the Strait of Hormuz is US territory, prompting a strong response from Tehran and highlighting ongoing geopolitical disputes. International Business Times UK · Aug 18
Ray Dalio's Bridgewater Dumps Nvidia, Apple and Amazon: Buys Into Oil and Energy Bridgewater Associates sold millions of shares of Mag 7 stocks like Amazon and Apple while ramping investments in energy and oil companies such as Shell and PG&E during Q2. International Business Times UK · Aug 18
Qatar says it repatriated body of Iranian pilot and denies claims of holding three others Doha said it invited Tehran to send a technical team to review its search operation but received no response, calling Iran's accusations "false" and "illogical" and suggesting they were aimed at a domestic audience. Qatar's foreign ministry also said US-Iran talks were "far" from resuming. Euronews · Aug 18
Euro zone bonds join global selloff, long-end yields at multi-year highs On Tuesday, yields on longer-dated euro zone bonds surged to levels not seen in years. The increasing oil prices, spurred by diminishing expectations for a quick resolution to the conflict in Iran, intensified inflation worries throughout the markets. Consequently, investors are anticipating a quarter-point interest rate hike from the ECB,… The Economic Times · Aug 18
Hours before they were set to begin, Trump cites positive relationship with North Korea and Iran to reduce military exercises with ally South Korea Trump also pointed to the costs being borne by the US. We Got This Covered · Aug 18
Iran Continues Threatening To Escalate The War With The U.S., But Officials Are Also Worried About The Economy Added to high inflation, a depreciating currency and energy shortages, Tehran is also facing heavily damaged infrastructure and lost production, among other woes. International Business Times · Aug 18
Donald Trump Threatens To 'Bomb the S*** Out Of' Oman, Prompting Conservative Doctor To 'Question His Sanity' A conservative doctor and National Review contributor says he now 'seriously' questions Donald Trump's sanity after the president threatened to 'bomb the s*** out of' US ally Oman. International Business Times UK · Aug 18
Governments’ borrowing costs hit further multi-decade highs as US-Iran peace hopes fade Bond yields in US, UK, Germany France and Japan rise after ceasefire ends and Trump threatens to bomb Oman The Guardian - UK · Aug 18
Ossoff escalates Trump feud after taunting president over aide Natalie Harp Georgia senator Ossoff has taken shots at the president over the Iran war, affordability and “not taking his job seriously” The Independent UK · Aug 18
European bond yields hit multi-year highs on Iran war inflation fears European government bonds came under significant selling pressure on Tuesday, with France’s 10-year bond yield hitting a 17-year high and Germany’s 10-year Bund yield reaching its highest level since 2011. Euronews · Aug 18
GOP Rep. Don Bacon Says Trump Set ‘False Expectations’ on Iran War, Cites Gas Prices and Weapons Shortage: ‘He Was Being Honest’ Rep. Don Bacon (R-NE) thinks that President Donald Trump should’ve acknowledged the impact the Iran war could have on U.S. domestic energy costs and other factors earlier in the campaign. Benzinga · Aug 18
International Business Times · Aug 18 Russia Reportedly Helping Iran's War Effort With Drone Parts, Ammunition and Explosives: Report Different reports have detailed ways in which Moscow has helped Tehran's war effort, including satellite imagery and intelligence.
The Independent UK · Aug 18 The creation of a ‘Muslim Nato’ shows Trump is losing his grip in the Middle East IN FOCUS: After the chaos sparked by Trump and Israel’s war in Iran, experts tell Maira Butt that the Mecca Agreement between Saudi Arabia, Pakistan and Turkey could represent a new dawn in the region
The Independent UK · Aug 18 Ship attacked during Strait of Hormuz transit and other news from the Middle East A ship was hit by a projectile while sailing out of the Strait of Hormuz
Benzinga · Aug 18 Trump Energy Secretary Chris Wright Says Clean Energy Policies Are ‘At Least as Responsible’ for High Prices as Iran War—Touts Texas Oil Boom President Donald Trump‘s Energy Secretary, Chris Wright, says former President Joe Biden-era Clean Energy policies also share some blame for the high fuel prices at the pump amid ongoing tensions with Iran.
Benzinga · Aug 18 Stock Market Today: Dow Jones, S&P 500, Nasdaq 100 Futures Fall as Trump Rejects Extending Ceasefire With Iran—Home Depot, Super League, Flexsteel in Focus (UPDATED) Editor’s note: The ETFs data was updated and economic data was added
Euronews · Aug 18 Trump says 'no talks' taking place with Iran and claims Strait of Hormuz is 'open and operating' The president had earlier posted an image of a map showing the Strait as a new US territory, appearing to restate his threat to claim sovereignty over the passage from last week.
Euronews · Aug 18 UK wage growth lags as Iran war weighs on cost of living The ongoing Middle East crisis has led to soaring energy prices across the UK and much of Europe, further contributing to higher living costs.
Benzinga · Aug 18 RTX’s Raytheon Lands $22.9 Billion Tomahawk Deal as US Rushes to Rebuild Missile Stockpiles Depleted by Iran War The U.S. Navy on Monday awarded RTX Corp.’s (NYSE:RTX) Raytheon a $22.9 billion, seven-year contract to dramatically expand Tomahawk missile production as the Pentagon races to rebuild precision-weapon stockpiles depleted by the Iran war and other global commitments.
The Economic Times · Aug 18 Strava data exposes US military routines across Middle East bases as Iran repeatedly strikes associated sites despite a Pentagon warning against the app years ago US military personnel still share workout data from Middle Eastern bases. This activity potentially exposes troop locations and movement patterns to adversaries. Strava app data has been linked to locations targeted by Iran. Pentagon warnings and policy changes have not fully resolved this security risk. Such publicly available information could…
The Guardian - UK · Aug 18 Cooling UK labour market ‘questions need’ for Bank of England rate hikes; grocery inflation slows to two-year low – as it happened Youth unemployment down to 16.2% but remains at high level; Brent crude climbs above $91 a barrel as US-Iran ceasefire ends