Aug 27, 2026, 09:26 PM UTCGlobal Edition

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4 stories

Who Actually Trades With Iran, and Whether Sanctions Can Stop Them

Who Actually Trades With Iran, and Whether Sanctions Can Stop Them

China takes 26.9% of Iranian exports. Turkey and Pakistan share a border with it. The pressure only works if those three comply.

Iran Says It Is 'Fully Prepared' for Washington's 'Economic D-Day'

BREAKINGMarkets2d ago

Iran Says It Is 'Fully Prepared' for Washington's 'Economic D-Day'

Bessent promises to tighten the noose around every source of revenue. Tehran says it has had a two-year plan ready and is waiting.

Oil Eases From Its Highs as Saudi Arabia Proposes a Naval Coalition for the Gulf

Oil Eases From Its Highs as Saudi Arabia Proposes a Naval Coalition for the Gulf

Brent settled near $89 after Riyadh floated collective protection for shipping — the first de-escalatory headline in a month of tanker attacks.

US Reimposes Iranian Port Blockade; Oil Posts Its Biggest Day in Six Years

US Reimposes Iranian Port Blockade; Oil Posts Its Biggest Day in Six Years

Brent surged 9.6% to $83.30 after Washington's blockade announcement and Iranian strikes on two tankers in the Strait of Hormuz.