The Latest Breaking News from Scott Bessent

There Is No End To The U.S.-Iran War In Sight. Just Two Ships Made It Through The Hormuz Strait On Friday.

Oil prices are increasing after the UAE accused Iran of targeting two other ships.

International Business Times · Aug 14

Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out

“Hefty chunk of non-Iranian crude still getting out, unlike the Iranian crude that isn’t.”

Fortune · Aug 14

The UAE Says Iran Attacked Two Ships In The Hormuz Strait. Oil Is Edging Up.

Vice President JD Vance said that the Trump administration's new main goal in the war is keeping "oil and gas cheap for Americans all over our country."

International Business Times · Aug 14

S&P Futures Tick Higher With Focus on U.S. Retail Sales Data

September S&P 500 E-Mini futures (ESU26) are up +0.10% this morning, putting the benchmark index on track to end the week at a new record high, while investors await U.S. retail sales data that will provide fresh insight into consumer spending.

Barchart · Aug 14

Pete Hegseth Sparks 'High as a Kite' Claims After Viral Clip Shows Him Sweating and Repeatedly Wiping His Nose

Pete Hegseth's nose-wiping during a military ceremony sparked online speculation and jokes, despite no evidence of drug use.

International Business Times UK · Aug 14

Stock Market Today: Dow Jones Futures Slip, S&P 500, Nasdaq 100 Gains as US Says it Can Maintain Iran Blockade 'Indefinitely'—SanDisk, Workday, Applied Materials in Focus (UPDATED)

U.S. stock futures were mixed on Friday, as the Dow Jones index slipped and the Nasdaq 100 and S&P 500 indices rose, following Thursday’s higher close.

Benzinga · Aug 14

Economist Justin Wolfers Challenges Scott Bessent on K-Shaped Economy: 'Be a Little More Honest' (UPDATED)

Editor’s Note: The story has been refreshed with the latest market price action and a revised headline.

Benzinga · Aug 14

US to unleash ‘economic isolation’ on Iran next week as Trump pressure campaign intensifies

The United States plans to intensify economic pressure on Iran next week, with Treasury Secretary Scott Bessent warning of measures unprecedented in the history of economic isolation. The move comes as ceasefire talks falter, Washington maintains its naval blockade and tensions around the strategically vital Strait of Hormuz continue to…

The Economic Times · Aug 14

US says lower oil prices, not Iran's nuclear programme, are now top priority in war

WASHINGTON — The top US priority now in the Iran war is no longer its nuclear programme but to bring gasoline prices down for American consumers, the vice president said Thursday, with the treasury secretary adding that new economic punishment to wear down Tehran is imminent.

Bangkok Post · Aug 14

Israeli minister calls for police to replace military in handling West Bank settlers

Israel's Defence Minister Israel Katz called Friday for the police to take over law enforcement in the occupied West Bank from the military. Settlers there have been attempting to force Palestinian residents from their homes for nearly a week, intensifying efforts to seize more land. Read about the day’s events…

France 24 · Aug 14