PoliticsU.S. Treasury Secretary Scott Bessent said Washington is likely to announce sanctions on banks this week as part of its economic campaign against Iran.
PoliticsU.S. Treasury Secretary Scott Bessent said Washington is likely to announce sanctions on banks this week as part of its economic campaign against Iran.
WorldThe United States launched strikes on Iranian targets around the Strait of Hormuz after Iran attacked commercial shipping and American forces in the region. Oil prices surged following the news.
WorldThe United States is carrying out strikes against Iranian targets near the Strait of Hormuz, with Fox News correspondents Trey Yingst and Jennifer Griffin providing details.
WorldThe US military says it has begun striking Iran, with CENTCOM identifying positions linked to the Islamic Revolutionary Guard Corps as targets. Explosions were reported along Iran’s southern coast, including near the Strait of Hormuz, Qeshm Island, Bandar Abbas and Sirik. The military says the strikes followed attempted IRGC attacks on commercial shipping and US personnel in the region.
WorldUS Treasury Secretary Scott Bessent says Washington is intensifying economic pressure on Iran and is likely to sanction one Iranian bank this week, followed by another next week. Iran and Gulf political analyst Luciano Zaccara provides his analysis.
WorldPresident Trump vows to take further military action against Iran as tensions flare again. Police fatally shoot the suspect in a deadly Times Square knife attack, while Duane “Keefe D” Davis is found guilty of murdering Tupac Shakur in 1996.
WorldAfter the first exchange of strikes in a month, Washington is threatening a forceful attack on Iran. Tehran says it is prepared to return to the MoU if the United States fulfils its commitments. The agreement did not secure lasting peace, but it ended the heaviest fighting.
WorldFox News correspondent Trey Yingst reports on the latest developments in the conflict with Iran as President Donald Trump reportedly considers taking further military action. A tanker was reportedly hit in the Strait of Hormuz.
WorldPresident Trump vows further military action against Iran as tensions renew. Police fatally shoot the suspect in a deadly Times Square knife attack, while Duane “Keefe D” Davis is found guilty of murdering Tupac Shakur in 1996.
WorldUS equity futures and global bonds retreat as rising oil prices intensify inflation worries and strengthen bets that central banks will raise rates in September. Two oil supertankers were hit by projectiles while trying to leave the Strait of Hormuz. Army Secretary Dan Driscoll resigns after a clash with Defense Secretary Hegseth. Anthropic also reaches a $35 billion computing agreement with Nvidia-backed cloud provider Lambda.
WorldIranian Foreign Ministry spokesperson Esmail Baghaei condemned what he called the United States’ “ill intentions” toward Iran at a press conference, saying Tehran would continue resisting US attacks and pressure.
WorldQatari Foreign Ministry spokesperson Majed al-Ansari accused Israel of exploiting the US-Iran conflict to carry out deadly strikes across the region. He said Qatar is discussing de-escalation with Oman and Pakistan, warning that leaving the Strait of Hormuz crisis unresolved would bring escalation and harm everyone. Partners are seeking a peaceful solution and the strait’s reopening.
WorldPresident Donald Trump brushed aside concerns that the Iran conflict was depleting U.S. firepower as clashes resumed in hostilities that have continued intermittently for more than six months. Neither side is willing to restart negotiations. Rising oil prices pushed global bond yields back near two-decade highs, while investors increased bets on a Federal Reserve rate hike over inflation fears.
WorldGlobal bond yields returned to their highest level in nearly two decades as higher oil prices intensified inflation fears and investors increased bets on interest-rate hikes. Maritime security consultant Marisks said two supertankers were hit by unknown projectiles in rapid succession while passing through the Strait of Hormuz. President Donald Trump dismissed concerns that the Iran conflict was depleting US firepower.
WorldMaritime security consultant Marisks said two oil supertankers were hit by projectiles while trying to leave the Strait of Hormuz. Iranian state television separately quoted President Masoud Pezeshkian as saying Iran would “take reciprocal action immediately” if the US “returns to its commitments” under a June memorandum of understanding.
WorldThe US and Iran exchanged strikes after American forces hit two rocket launchers on Larak Island in the Strait of Hormuz. It was the first known US attack on Iran since Donald Trump paused a renewed military campaign in late July. Iran said it struck US bases in Jordan, where the army reported intercepting eight missiles early Monday.
WorldDonald Trump is reportedly considering limited strikes on Iran, Fox News reports, as fallout from U.S.-Iran strikes continues and tensions escalate.
WorldThe UAE says it repelled an Iranian attack as regional tensions intensify. A UAE adviser calls the current “neither war nor peace” situation unsustainable, while US strikes hit an island in the Strait of Hormuz. Oil prices rise as crude continues through the strait despite missile threats to tankers. Shein also debuts in Hong Kong after a $1.7 billion IPO, under pressure from tariffs, Temu competition and a lower private-market valuation.
World46:04As the on-again, off-again hostilities between the US and Iran resumed after more than six months, President Donald Trump dismissed concerns that the conflict was draining American firepower. Borrowing costs were also rising.
EconomyBloomberg TV’s “The Asia Trade,” broadcast live from Tokyo and Sydney, previews the Asian trading day with market insight and analysis. The program examines how renewed Middle East tensions are keeping bets on a Federal Reserve rate hike alive and includes Trump’s dismissal of a “little war” with Iran.
WorldU.S. forces struck Iranian rocket launchers near the Strait of Hormuz on Sunday, their first military action in a month, ending a lull in the intermittent war that has lasted more than six months. Iran vowed retaliation for what it called a deadly attack and later said it fired missiles at U.S. sites in Jordan.
WorldUS President Donald Trump vowed to hit Iran “hard” after the two sides exchanged fire for the first time in weeks, fuelling fears of renewed major hostilities. An analyst said Tehran could escalate “fairly soon” as its leverage over Washington declines.
WorldAs President Donald Trump hints at harsh retaliation against Iran after the two sides exchanged strikes over the weekend, some observers believe the “failed regime” thinks it can outlast the United States and shape the outcome of November’s midterm elections.
WorldPresident Donald Trump said he would not use a nuclear weapon against Iran, claiming that Iran’s military has already been defeated.