U.S.-Iran Tensions Keep The Strait Of Hormuz Closed With No End in Sight. Stocks Declined. A new report claimed that Iranian leadership is taking steps to widen the war. International Business Times · Aug 17
Netanyahu party campaign billboard likens Mamdani to leaders of Iran and Hezbollah Likud’s depiction of Zohran Mamdani is latest move in spat between Israel’s prime minister and New York City mayor The Guardian - UK · Aug 17
Gold appears set for a rebound as it regains safe-haven appeal after US-Iran war selloff Gold has recovered nine percent, signaling renewed investor and central bank interest. The precious metal is now positioned for further gains after market shocks. Lower oil prices and softer inflation data support gold's upward trajectory. Institutional demand and rebuilding of positions are likely driving this trend. However, stalled peace efforts… The Economic Times · Aug 17
Crude Prices Jump as US-Iran War at a Standstill September WTI crude oil (CLU26) closed up +2.10 (+2.55%) on Monday, and September RBOB gasoline (RBU26) closed up +0.0860 (+2.70%). Crude oil and gasoline prices rallied to 3-week highs on Monday and settled sharply higher. Concerns that the US-Iran war will remain unresolved and keep Middle East oil supplies limited... Barchart · Aug 17
Kim-praising Trump asks South Korea, ‘Why are we helping you?’ President reduces seven-decade U.S. relationship with South Korea to protection racket as he rants about Seoul not joining his war against Iran The Independent UK · Aug 17
Trump says Iran will not make the kind of deal he feels is ‘necessary’ IN FULL The Independent UK · Aug 17
Trump Prepares New Economic Blows Against Iran. China Could Be Caught in the Crossfire. Since the Iran war began in February, Washington has expanded restrictions and launched a naval blockade. International Business Times · Aug 17
Trump's GOP Support Slides as Republicans Grow More Pessimistic About Economy: His Latino Voters Are Also Turning on Him President Donald Trump is heading into the final stretch before the midterm elections with an increasingly complicated problem: support is softening inside his own party at the same time that Latino voters, a key part of the coalition that helped return him to the White House, are showing significant dissatisfaction… Latin Times · Aug 17
Iran bars two French diplomats over alleged 'interference' Iran has said that two French embassy employees who were briefly detained last month following a diplomatic dispute will not be allowed to return to Iran. Radio France Internationale · Aug 17
Iran drones target Kurdish leaders after Trump used them as backchannel to IRGC; US condemns attack Two drones launched from Iranian territory targeted the office of Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani and the residence of the region's security chief early Monday, with no casualties reported, Kurdish authorities said. The Times of India · Aug 17
Jon Ossoff calls Trump’s handling of Iran war ‘uniquely despicable’ in excoriating speech Georgia Democratic senator has stoked speculation for 2028 presidency bid by delivering stinging attacks on Trump The Guardian - US · Aug 17
Trump pivoted from bombs to an economic war against Iran. But Tehran is now 'fully offensive' and doesn't think the real fighting has even started yet Unless the U.S. implements the June ceasefire deal in a few weeks, Iran will launch a “timely and precise” attack to break the blockade, an Iranian official told Reuters. Fortune · Aug 17
A bombshell nuke attack claim exposes the trap Trump faces in Iran The US-Iran nuclear agreement deadline passed without a breakthrough, and President Trump now seeks surrender. Iran signals readiness for a prolonged confrontation, showing little sign of accepting US demands. Former Congresswoman Marjorie Taylor Greene claimed nuclear weapons are discussed for Iran. Conventional weapons may not destroy Iran's deeply buried nuclear… The Economic Times · Aug 17
US gas prices reach highest ever recorded for August amid stalled talks with Iran Energy prices have been high since the US-Israel war with Iran began and the strait of Hormuz was blocked The Guardian - US · Aug 17
The Times of India · Aug 17 Trump's foreign policy: Strongmen on speed dial, allies and partners on notice TOI correspondent from Washington : Forget bombing Iran to end it as a civilization, US President Donald Trump on Sunday dropped bombshells on America's allies and partners, including India, to send a disquieting message: good ties with Washington may no longer guarantee its support in return.
Barchart · Aug 17 Crude Prices Slightly Lower as Oil Supplies Transit Through the Persian Gulf September WTI crude oil (CLU26) today is down -0.03 (-0.03%), and September RBOB gasoline (RBU26) is up +0.0219 (+0.69%). Crude oil and gasoline prices are mixed today. Crude prices gave up an early advance today and turned slightly lower on signs that larger-than-expected volumes of crude oil are moving out...
The Guardian - UK · Aug 17 Leading economies’ borrowing costs hit highest since 2008 crisis Concern over impact of Iran war pushes up government bond yields in US, UK, France, Germany and Japan
The Economic Times · Aug 17 German Bund yield hits 15-year peak, France's at highest since 2009 Bond yields in the Euro zone are on the rise amid growing inflation and concerns over fiscal spending, with French yields hitting their highest since June 2009. Investors are anxious as markets expect the US to apply economic pressure on Iran rather than pursue military action. Meanwhile, rising oil prices…
Barchart · Aug 17 Stock Indices Waver on Strength in Chipmakers vs Weakness in Software Companies The S&P 500 Index ($SPX ) (SPY ) is down by -0.15% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.28%. E-mini S&P futures (ESU26 ) are down -0.17%, and September E-mini...
The Conversation · Aug 17 North Korea grows stronger as South Korea reckons with fading US support According to Ukraine’s president, Volodymyr Zelensky, North Korea is preparing to send as many as 50,000 fresh troops to support Russia’s military campaign in Ukraine. While the South Korean Ministry of Foreign Affairs has been unable to verify Zelensky’s claim, it has not fallen on deaf ears in Seoul.
International Business Times UK · Aug 17 Iran Goes 'Fully Offensive', Gives US 'Few Weeks' to Honour Peace Deal or Face Hormuz Escalation Iran has warned the US of potential escalation in the Strait of Hormuz if a stalled peace framework is not implemented within weeks, amid ongoing tensions over control of the strategic waterway.
Bangkok Post · Aug 17 Trump threatens Oman: latest developments in US-Iran war DUBAI - US President Donald Trump threatened on Monday to bomb Oman, 60 days after the signing of a memorandum of understanding towards a peace deal to end the war between the United States and Iran.
International Business Times · Aug 17 Iran Is Reportedly Preparing To Expand The War, Planning With Proxies And Ramping Up Missile And Drone Production Arab intelligence officials believe Iranian leadership is taking steps to "get their forces ready to widen the war."
The Times of India · Aug 17 'Lies, Trump suffering from delusions': Iran military denies direct backchannel talks with US Iran's Islamic Revolutionary Guard Corps (IRGC) on Monday denied US President Donald Trump's claim that Washington was engaged in backchannel talks with the force over the war.
Barchart · Aug 17 Stocks Mixed on Strength in Chipmakers vs Weakness in Software Companies The S&P 500 Index ($SPX ) (SPY ) is up by +0.17% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.13%. E-mini S&P futures (ESU26 ) are up +0.05%, and September E-mini...