Iran
Iran claims strike on US drone, US calls it 'total lie'
As the US-Iran clashes in Hormuz intensify, Iran claimed it struck an unmanned US navy vessel on Sunday, which the US denied as a "total lie". Iran has ramped up its offensive military response in Hormuz warning against any new US attacks.
Iran
Iran says it attacked tankers, US-linked vessels in Hormuz escalation
The Islamic Revolutionary Guard Corps claimed that it targeted three oil tankers and three US-affiliated vessels in the Strait of Hormuz as the cycle of violence spirals after the US military struck three Iranian oil tankers earlier on Saturday, in response to Iran targetting the US navy on Friday.
Iran
US launches new attacks on Iran, Tehran fires missiles across region
The US military launched new waves of strikes on military installations along Iran's southern coast. Tehran responded immediately with missile and drone attacks in Jordan, Bahrain and Kuwait, sparking a new flare-up of hostilities and threats from both sides.
Economy
Trump vows US will take 'all' of Venezuela's oil as deal details emerge
The White House has published the terms of its Venezuela oil deal, naming the private company at its centre and confirming Washington's majority control of more than 65 billion barrels, as President Trump vowed the US would be taking "all" of it.
Economy
Iran sanctions and tariffs shadow G20 finance talks in Asheville
Finance ministers and central bank governors from the world's largest economies meet in Asheville, North Carolina, on Monday and Tuesday, hosted by a US administration that is simultaneously pressing allies to help isolate Iran financially and imposing tariffs on several of them.
Economy
Warsh flags inflation concerns as he rejects Fed forward guidance
Federal Reserve Chair Kevin Warsh used his first Jackson Hole address on Friday to argue that financial conditions are not restrictive and that underlying inflation has not meaningfully improved, a hawkish assessment that strengthens the case for a rate hike, while ruling out forward guidance.
Syria
Syria's top Druze leader calls community 'integral part of Israel'
Sheikh al-Aql Hikmat al-Hijri made the declaration at a gathering in Suwayda, praising Israel's model of state-building and saying the two communities shared doctrinal "common denominators," a statement that deepens the rift with Damascus.