WorldTreasury Secretary Scott Bessent says the United States will impose what he calls the “toughest sanctions” in history against Iran. He says the measures, combined with a naval blockade, would be enough to “collapse” the regime.
ABC News
WorldIran vows what it calls “seismic” retaliation as Donald Trump considers imposing new sanctions. The report covers the latest developments in the U.S.-Iran conflict and examines its political stakes ahead of the 2026 midterm elections.
Fox News
EconomyThe war on Iran and restrictions on movement through the Strait of Hormuz have dealt a heavy blow to Iraq’s economy. Before the war, rising visitor numbers were helping tourism emerge as one of the country’s few economic bright spots after decades, as Iraq sought to shed its dangerous-destination image. That recovery is now being derailed.
WorldThe episode revisits the 1956 Suez Crisis, when Egypt shut the canal, confronted three armies and brought global oil shipping to a halt. After the canal reopened months later under Egyptian control, the region and global economy were transformed. The programme compares that episode with the prospect of a crisis in the Strait of Hormuz.
WorldThe Trump administration is preparing additional steps to isolate Iran’s economy, but applying more pressure could require targeting China, the leading buyer of Iranian oil.
Bloomberg Television
WorldA roundup of Fareed Zakaria’s interviews with experts examines how the Iran war has rattled the Gulf region. The discussions also cover Saudi Arabia’s new defense pacts with Turkey and Pakistan and other repercussions of the war.
CNN
WorldIranian President Masoud Pezeshkian says the memorandum signed by U.S. President Donald Trump in June offers the best way out of the stalled war. Its 60-day deadline for ending the conflict and reaching an agreement on Iran’s nuclear program expired last week, but the sides remain far apart, with no sign of compromise over reopening the Strait of Hormuz. Pezeshkian says Tehran will not back down while linking the accord to Iran’s economic prospects.
The Associated Press
EconomySix EU countries, including Germany and Italy, want finance ministers to discuss a windfall levy at next month’s meeting in Dublin, citing soaring oil-company profits during the Middle East war.
WorldTensions between Iran and the United States are continuing to rise. Tehran has threatened to treat any country joining US sanctions as an enemy, responding to Washington's calls to isolate Iran's economy. The US is scheduled to hold a press conference on Monday to set out its strategy.
WorldIraqi President Nizar Amidi said Iraq is discussing “flexibility” with Iran over oil exports through the Strait of Hormuz. He said some ships carrying Iraqi oil are being facilitated and added that Iraq has no national carrier to transport oil.
The Associated Press
EconomyGermany, Italy and four other EU countries want finance ministers to discuss a windfall levy at next month’s Dublin meeting, citing oil companies’ surging profits during the Middle East war.
WorldJoey Hood, a former US ambassador to Tunisia and former acting director of the State Department’s Office of Iranian Affairs, says Iran’s threat to target countries helping US economic pressure should be taken seriously. He cites Iran’s recent strikes on neighbours from Pakistan to Oman, including missiles fired at Kurdistan Regional Government leaders last week, as well as its long-running pressure on Jordan.
WorldFox News chief correspondent Jonathan Hunt reports on the Trump administration’s new plan to pressure Iran economically and the defiant message from Iran’s top negotiator on ‘Fox Report.’
Fox News
WorldDonald Trump halted all conversations with Iran this week, pledged economic warfare against Iran and its allies, and threatened an “economic D-Day.” He also posted an image portraying the Strait of Hormuz as US territory. Military experts discuss and react to the latest developments in the Iran war.
CNN
WorldFox News correspondent Jonathan Hunt assesses President Donald Trump’s claim that Iran is “coming around” as economic pressure grows. The United States is preparing a new round of sanctions intended to isolate Tehran further.
Fox News
WorldThe US is preparing another round of economic pressure on Iran after diplomacy and months of fighting failed to deliver a lasting settlement. Donald Trump has warned countries against continuing trade with Tehran, while Kim Ghattas says sanctions remain a blunt instrument that will worsen hardship for ordinary Iranians.
Bloomberg Television
WorldIran has permitted some Iraqi oil tankers to pass through the Strait of Hormuz while tensions remain high. Iraq is facing major economic losses as oil exports decline, as Tehran pursues diplomacy while preparing for further confrontation.
WorldThe gang boss on trial for rapper Tupac Shakur’s murder says his nephew fired the fatal shots in the 1996 drive-by shooting. The case is described as the biggest in Las Vegas history.
WorldRoss Harrison, a senior fellow at the Middle East Institute, says Trump is turning to economic pressure after the military campaign failed to force Iran’s capitulation. He describes China as Iran’s biggest potential economic lifeline and says the key question is whether Washington is willing to risk harming US-China relations to enforce compliance.
WorldThe Trump administration says it will impose what it describes as the strongest economic action against Iran in history as the war with Tehran continues. It is also warning US allies that they could face economic retaliation if they are found to be dealing with Iran.
Global News
WorldUS Vice President JD Vance says the Iran war has entered a “new phase” focused on economic pressure. Treasury Secretary Scott Bessent urges US allies to back Washington’s efforts to “squash” Iran’s economy, warning they are either with the US or against it. Iran’s Foreign Ministry calls the measures “economic terrorism.”
BBC News
PoliticsWhite House correspondent Jeff Mason discusses President Trump’s pledge to isolate Iran’s economy and his planned trip to South Carolina to campaign for the midterms. Strategists from Bloomberg Intelligence and Alpine Saxon Woods examine the week’s sharp swings in US Treasury yields, while ITG’s Chris Mecray reviews a digital infrastructure services company’s post-IPO performance.
Bloomberg Television
WorldIranian President Masoud Pezeshkian called for an end to the war with the US, pushing back against hardliners who want the conflict to continue. He said ending it today would be preferable while Iran retains power and dignity and the world recognizes its victory.
Bloomberg Television
WorldFox News chief correspondent Jonathan Hunt reports that Iranians are struggling to afford food as the United States intensifies economic pressure on the regime, while Iran’s president calls for the war to end.
Fox News