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August 24, 2026

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Oil falls 1.8% as traders await 'toughest' sanctions on Iran

Traders are awaiting details about new US measures sure to further disrupt Iranian oil flows.

ANKARA, TURKEY - JULY 7: U.S. President Donald Trump (L)shakes hands with with Turkish President Recep Tayyip Erdogan (R) during a formal arrival at the Bestepe Presidential Palace during the NATO summit on July 7, 2026 in Ankara, Turkey. Leaders from NATO's 32 countries, plus NATO allies like Ukraine, gathered in the Turkish capital to discuss a range of issues involving spending targets, defense industrial production, and support for Ukraine, among other topics. (Photo by Emrah Gurel - Pool/Getty Images)

Analysis

Israel fears Turkey’s Syria ambitions and doubts Trump will stop them

Israeli officials remain skeptical of Turkish and Syrian denials over Ankara’s military ambitions in Syria, warning that a deeper Turkish foothold could threaten Israel’s security and strain its ties with Washington.

In Tel Aviv, reporting on national security, Israeli politics, defense

Win McNamee/Getty Images

Caught in the middle, Oman shrugs off Trump's latest Iran threat

For the second time in months, President Donald Trump has threatened to strike the US partner as it holds talks with Iran.

Latest News

China slams Trump over economic war on Iran: What to know

Foreign Ministry Spokesperson Lin Jian holds a press conference on Aug. 19, 2026.

Explainer

King Abdullah visits China as region hedges against US unpredictability

King Abdullah II arrives in Beijing, Aug. 20, 2026. Photo from Xinhua/Chen Yehua.

Trump’s Iran ‘economic D-Day’ threat sends oil prices above $94

Iranians drive past an anti-US billboard at Enghelab Square in central Tehran, Aug. 3, 2026.

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Elizabeth Hagedorn

Diplomatic Correspondent

In Washington, DC, reporting on diplomacy, regional politics, human rights

Jared Szuba

Defense and Security Correspondent

In Washington, DC, reporting on defense, national security, military

Joyce Karam

Editor-in-Chief

Rosaleen Carroll

News Reporter and Supporting Editor

In Washington, DC, US, reporting on the Middle East

Paul J. Saunders

In Washington, DC, reporting on Russia in the Middle East

Cargo ships and tankers are seen off coast city of Fujairah, in the Strait of Hormuz in the northern Emirate on Feb. 25, 2026.

Strait of Hormuz clear of Iran navy ships, US commander says

US strikes have been finishing of Iran's naval fleet, senior officials said, but its threats to the Strait of Hormuz have not yet been eliminated.

An Emirati police vehicle deploys near the US Consulate in Dubai on March 3, 2026.

After launching Iran war, White House scrambles to evacuate stranded Americans

The State Department has announced charter flights in just three of the 14 countries where it advised US citizens to evacuate.

Small boats loaded with merchandise sail past the St. Kitt's and Nevis-flagged container ship Marsa Victory in the waters of the Strait of Hormuz off the coast of Khasab in Oman's northern Musandam Peninsula, on June 25, 2025.

Hormuz traffic slows as Iran threatens to set 'ships on fire'

Maritime intelligence company Lloyd’s List reported on Sunday that no traceable passages have been made by major crude tankers through the Strait of Hormuz since Saturday night.

Christopher Furlong/Getty Images

With Gulf partners under fire from Iran, will Europe step up its defense?

France and the United Kingdom are prepared to help defend Gulf countries against Iranian attacks, but experts say they are unlikely to extend the same support to Israel.

US President Donald Trump arrives for a Medal of Honor Ceremony in the East Room of the White House on March 2, 2026, in Washington.

Trump pledges 'whatever it takes,' signals Iran war could last weeks

President Donald Trump said the US military projected the war would last four to five weeks, though it has the capacity "to go far longer."

Majid Saeedi/Getty Images

Exclusive

Israel anticipates anti-regime protests in Iran, unlikely to invade Lebanon

Israeli diplomats and military officials are concerned that the surge in oil prices will prompt the US leader to end operations against Iran before regime change is reached.

In Tel Aviv, reporting on national security, Israeli politics, defense

following a reported Iranian strike. The United States and Israel launched strikes against Iran on February 28, with Israel's public broadcaster reporting that supreme leader Ayatollah Ali Khamenei had been targeted, as the Islamic republic retaliated with barrages of missiles at Gulf states and Israel. (Photo by MAHMUD HAMS / AFP via Getty Images)

Three US troops killed in war with Iran: CENTCOM

Five additional troops were "seriously wounded," US Central Command said, as the US, Israel and Iran continue their bombing campaigns.

A smoke plume rises over Abu Dhabi from the site of an Iranian missile strike on February 28, 2026. Iranian missiles hit capital cities around the wealthy Gulf on February 28, killing at least one, in retaliation for a US and Israeli attack that threatened to spark a wider conflict. One civilian died in Abu Dhabi, capital of the United Arab Emirates, after being struck by falling debris, according to the ministry of defence. (Photo by AFP via Getty Images)

Iran pounds Gulf, regional states after US-Israel strikes: What to know

Kuwait, the UAE, Saudi Arabia, Bahrain and Qatar, as well as Israel, Jordan and Iraq, have all been targeted by Iranian missiles.

Smoke rises following an explosion, after Israel and the U.S. launched strikes on Iran, in Tehran, Iran, February 28, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

US strikes Iran military targets as Trump calls for overthrow of regime

A US official speaking on condition of anonymity said the operation could last several days, depending on Iran's retaliation.

Sayed Hassan/Getty Images

Shipping giant Maersk diverts from Suez route amid Iran-US tension

The shift comes in reaction to the growing possibility of a military confrontation between the United States and Iran.

An F-18E fighter jet takes off from the aircraft carrier USS Gerald R. Ford, Sept. 24, 2025.

Analysis

Israel, 'ready' for Iran escalation, looks to US to take lead

Israel ramps up military readiness as the world’s largest aircraft carrier approaches Haifa.

In Tel Aviv, reporting on national security, Israeli politics, defense

Israel US embassy

US embassy in Israel authorizes non-essential staff, families to leave

The embassy said that non-essential staff and family members of diplomats serving in the country could leave due to aecurity risk, adding that US nationals should leave the country as as flights are available.