The Latest Breaking News from Iran

The global ‘freedom of the seas’ is dying in the Strait of Hormuz—and everyone, everywhere, will pay the tolls

Iran forcing a fee structure in the Strait of Hormuz may trigger a global domino effect.

Fortune · Aug 18

Oil prices jump after US-Iran ceasefire expires and Trump threatens Oman

Brent crude rises above $90 a barrel for the first time since 30 July after US president tells Tehran to surrender

The Guardian - UK · Aug 18

How an Indian X handle's fake Iran quote reached Netanyahu, US

A false claim about Iran's nuclear ambitions spread through Israeli and US networks. This originated from an India-based X account and was amplified by various figures. Israeli Prime Minister Benjamin Netanyahu and senior US politicians cited the fabricated statement. The claim was later clarified as taken out of context and…

The Economic Times · Aug 18

🔴 Middle East live: US says Israel behind strikes on military airport in Syria

Turkey rejected on Wednesday Israeli allegations that it posed a threat by preparing to send troops to a base in Syria, which was hit in a strike that the United States blamed on Israel.

France 24 · Aug 18

Chuck Schumer Slams Trump’s Iran MoU as ‘Utter Failure’ as Gas Prices Top $4: ‘One of the Greatest Foreign Policy Fiascos’

Senate Minority Leader Sen. Chuck Schumer (D-NY) slammed President Donald Trump on Monday amid rising fuel costs and ongoing tensions between Washington and Tehran, criticizing the earlier Memorandum of Understanding (MoU) signed between the U.S. and Iran.

Benzinga · Aug 18

'39,000 soldiers guarding you from Kim’: Trump reduces military drills with South Korea over Iran

US president Donald Trump has put fresh strain on Washington’s security ties with Seoul, saying South Korean president Lee Jae Myung declined a request to assist the US in its military operation against Iran. Trump also questioned the cost of America’s defence commitments to South Korea.

The Times of India · Aug 18

Trump approval rating lowest at 33% as Iran war takes toll on Americans

US president Donald Trump’s approval rating has fallen to the lowest level of his current presidency, with just 33 per cent of Americans approving of his performance. A majority are concerned that the US war with Iran could last a long time, according to a Reuters/Ipsos poll that concluded on…

The Times of India · Aug 18

Oil Price Today (August 18): Crude oil crosses $91/barrel amid fading US-Iran peace hopes. What lies ahead?

Crude oil prices surged past $91 per barrel on Tuesday, August 18, as peace talks between the US and Iran stalled. With shipping disruptions persisting in the Strait of Hormuz, global brokerages like Goldman Sachs and JPMorgan warn Brent crude could scale between $114 and $120 a barrel if supply…

The Economic Times · Aug 18

US to announce steps to help refiners produce more fuel, energy chief Wright says

US Energy Secretary Chris Wright announced steps to increase refinery fuel output soon. High gasoline prices are a concern for President Donald Trump's party. Refineries are running at record rates while Middle East facilities are turned down. Wright stated increasing output is key to lowering gasoline prices. He added that…

The Economic Times · Aug 18

Iraq to probe drone attack on Kurdistan PM's office

Iraq will investigate a drone attack on the Kurdistan prime minister's office. Iran denied involvement and called the incident a ploy to harm relations. Kurdistan authorities blamed Tehran for the drone strikes on government buildings. The region has faced over a thousand attacks since the Middle East war began. This…

The Economic Times · Aug 18