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10:07
Oil Tanker Disabled By Projectile Off Coast Of Oman, Says Shipping Monitor
An oil tanker was struck and disabled by an unknown projectile within the Strait of Hormuz off Oman early on August 25, a British transport safety monitor mentioned, within the newest incident to hit transport within the strategic waterway.
United Kingdom Maritime Trade Operations (UKMTO) mentioned the projectile broken the vessels engine room, leaving it disabled, however that its crew was secure. The incident occurred 9 nautical miles (16.7 kilometers) northeast of Ash Shishah, Oman. UKMTO didn’t establish the tanker or what flag it was crusing underneath.
Tehran has largely restricted passage by the strait for the reason that United States and Israel struck Iran in late February, attacking vessels it accuses of circumventing its most popular transport route.
The assault comes amid persistent threats to transport in the course of the six-month battle.
The International Maritime Organization hasconfirmed 68 incidentsin the Persian Gulf and close by waters — a median of 1 each 2.6 days — with a minimum of 20 seafarers or port employees killed, 35 wounded, and one lacking.
Around half the incidents concerned tankers. The charge slowed throughout peace talks however has risen since their collapse to 1 incident each 2.8 days.
With reporting by AFPShare
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06:35
US Not Ruling Out Military Force Against Iran, Hegseth Says
(file picture) US Secretary of Defense Pete Hegseth speaks throughout a cupboard assembly on July 31.
US Defense Secretary Pete Hegseth mentioned that the United States was not ruling out using army power in opposition to Iran, as Washington imposed new sanctions on practically 60 entities, people, and vessels as a part of a significant effort to economically stress Tehran.
By no means are we foreclosing utilizing kinetic strikes anyplace within the Strait of Hormuz or round Iran, Hegseth informed reporters on August 24, including that Iran wouldn’t be capable to face up to the financial stress being positioned on it.
Earlier this month, Hegseth mentioned that US forces might keep the naval blockade of Iran indefinitely, including that Washington might rotate its army ships out and in of the area as wanted.
Hegseths newest feedback got here because the US Treasury Department introduced the launch of an financial D-Day in opposition to Iran and warned that nations persevering with to help Tehran risked turning into a worldwide pariah.
Washington says the marketing campaign is meant to sever the financial lifelines that maintain the Iranian authorities and additional isolate Tehran internationally.
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19:24
24.8.2026
Bessent Says US Launching ‘Economic Onslaught’ On Iran, Demands Countries Cut Trade Ties With Tehran
US Treasury Secretary Scott Bessent speaks to reporters in Washington on August 24.
WASHINGTON — US Treasury Secretary Scott Bessent introduced a brand new effort to ramp up the stress on Tehran, saying the United States is “launching an economic onslaught against Irans financial connections around the globe.”
“Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone,” Bessent informed a news convention in Washington on August 24, days after he and President Donald Trump warned of an “economic D-Day.”
The announcement got here practically six months after the beginning of the US-Israeli warfare with Iran, which has choked off power provides from the Persian Gulf through the Strait of Hormuz.
The US is “ending” the menace from Iran, Bessent mentioned, warning third nations that the United States will “be uncompromising in targeting any source of the [Iranian] regime’s illicit revenue.”
Bessent mentioned that Trump was making cellphone calls to world leaders with particular requests, and that ever nation can be given an outlined timeline to “shut down…Iran-related activity we have identified.”
Any nation supporting Iran should be ready to face US Sanctions, he added.
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19:15
24.8.2026
Reports: Trump Spoke With Pakistan Army Chief Ahead Of Tehran Visit
US President Donald Trum (left) and Pakistani military chief Asim Munir (composite file picture)
US President Donald Trump spoke with Pakistans military chief, Asim Munir, final week forward of Munirs go to to Tehran, as Islamabad makes a contemporary try and mediate between Washington and Iran, based on Reuters and AFP.
Reuters cited three Pakistani sources, with one saying Washingtons major request was for Pakistan to make use of its affect to carry Iran again to negotiations. Two sources mentioned Trump had initiated the decision, though particulars of the dialog stay unclear.
AFP reported individually on the decision, citing a US supply aware of the matter.
Munir arrived in Tehran on August 24 with Interior Minister Mohsin Naqvi.
The Pakistani army mentioned the go to was a part of Pakistans efforts to advertise regional peace and stability.
Islamabad has performed a key mediating function in the course of the battle, serving to dealer an framework settlement in June that later broke down as preventing resumed.
The newest diplomatic push comes as Washington threatens financial penalties for nations offering what Trump known as any sort of lifeline to Iran, probably placing stress on Pakistan, which continues to commerce with its neighbor.
One Pakistani supply informed Reuters that there was a belief deficit on each side between Washington and Tehran, including that Munirs intention was to cut back that hole.
Based on reporting by Reuters and AFPShare
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13:56
24.8.2026
China Warns Against Escalation As US Targets Iran Trade
China has urged Iran and the United States to train restraint and mentioned it will take measures to guard its pursuits if Washington imposes secondary sanctions on nations doing enterprise with Tehran.
Sanctions and stress is not going to assist resolve issues. They will solely heighten tensions and escalate the scenario, which serves no occasion’s pursuits, the China DailyquotedChinese Foreign Ministry spokesman Lin Jian as saying.
Lin’s feedback got here hours earlier than the United States was set to unveil a sweeping new financial marketing campaign in opposition to Iran, together with contemporary sanctions that President Donald Trump has mentioned might be unprecedented.
Lin urged the events to return to dialogue as quickly as attainable and search a political settlement.
US Treasury Secretary Scott Bessent is because of announce particulars of the brand new financial measures afterward August 24.
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13:13
24.8.2026
Iran Accuses US Of ‘Economic Terrorism’ As Washington Tightens Pressure
Iran has criticized new US financial measures in opposition to Tehran on August 24, accusing Washington of waging financial terrorism and disputing US claims in regards to the success of its army marketing campaign.
US Treasury Secretary Scott Bessentsaid an financial D-Day in opposition to Iranhad begun and warned that nations persevering with to help Tehran risked turning into a worldwide pariah. He mentioned the marketing campaign was meant to sever the financial lifelines sustaining the Iranian authorities and additional isolate Tehran internationally.
Bessentalso saidthat US President Donald Trump had dismantled Iran’s army capabilities, destroyed practically 100% of its army factories, and buried its nuclear program.
Iranian Deputy Foreign Minister Kazem Gharibabadi challenged these assertions, questioning why sweeping financial measures had been vital if Washington had achieved its army targets.
Your narrative does not add up, hewrote on Xon August 24.
Separately, Iranian Foreign Ministry spokesman Esmaeil Baqaei described the brand new US measures as financial terrorism.
The America that was supposed to come back to assistance from Iranians is utilizing each instrument at its disposal to punish Iranians, he informed reporters at a news convention on August 24.
Baqaei additionally advised Tehran was now combining warning with higher risk-taking in its dealings with Washington.
We have lengthy been chess gamers, and in recent times we now have turn into poker gamers as properly, he mentioned. For a while now, we now have been enjoying a mix of the 2.
Bessent is anticipated to supply additional particulars of the US financial measures afterward August 24.
With reporting by RFE/RL’s Radio FardaShare
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13:09
24.8.2026
Iran’s Currency Plunges As Washington Readies ‘Economic D-Day’
A foreign money seller holds one-hundred-dollar payments in Tehran. (file picture)
Irans alreadybattered economyis displaying renewed indicators of stress as Washington prepares to unveil what US officers have described as a few of thetoughest sanctions yetagainst Tehran.
The Iranian foreign money fell to a brand new low on August 24, with the dollar reaching 2,016,400 rials on the open market.
The milestone got here as US Treasury Secretary Scott Bessent warned that Washington was making ready an financial D-Day for Iran, with more durable sanctions and attainable secondary measures in opposition to nations and corporations that proceed doing enterprise with Tehran.
Chart: Iran’s Currency Hits Record Low (August 2026)
Read the total report by RE/RL’s Radio Farda and Kian Sharifiright here.
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09:58
24.8.2026
What Do We Know About Munir’s Trip?
Multiple media shops are actually reporting that Pakistan’s military chief, Field Marshal Asim Munir, has departed Islamabad on a flight to Tehran.
This is Munirs third official go to to the Iranian capital for the reason that begin of the U.S.-Iran battle. He first visited Tehran on April 15 to advance mediation efforts, adopted by a second go to on May 22.
The Pakistani army chief is accompanied by his countrys Interior Minister Mohsin Naqvi, who has been shuttling between Tehran and Islamabad for the reason that starting of the US-Iran battle in late February.
Naqvi is believed to be Munirs most trusted man in Pakistans civilian setup and has additionally developed rapport with senior officers of the Iranian regime.
Irans state news company, IRNA, quoting a diplomatic supply in Islamabad, reported that Munir might be assembly senior Iranian officers in Islamabad. There continues to be no official phrase from Pakistani authorities on Munirs Tehran go to or his talks with the Iranian officers.
Nuclear-armed Pakistan is without doubt one of the key mediators within the Middle East battle. In April, Islamabad hosted the first-ever direct talks between US and Iran since 1979.
US President Donald Trump, who has repeatedly praised the Pakistani management and as soon as described Munir as his favourite Field Marshal, has mentioned he prolonged the ceasefire with Iran at Pakistans request.
Munir’s journey comes hours earlier than US Treasury Secretary Scott Bessent is because of announce particulars of sweeping new financial measures in opposition to Iran, dubbed Economic D-Day.
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08:04
24.8.2026
Pakistan Army Chief To Visit Tehran Amid Mediation Efforts
Pakistan’s military chief, Field Marshal Asim Munir, will go to Tehran on August 24, as Islamabad continues its efforts to mediate an finish to the warfare within the Middle East, based on the Iranian Foreign Ministry.
In this handout image offered by the Iranian presidency, Iran’s President Masud Pezeshkian (R) meets with Pakistan’s military chief, Field Marshal Asim Munir, in Tehran on May 23.
Iranian Foreign Ministry spokesman Esmail BaqaeimentionedMunir would lead an official delegation to the Iranian capital to bolster bilateral cooperation and help regional peace and safety.
Pakistan has performed a key function in efforts to finish the battle between Iran and the United States, brokering a memorandum of understanding in June, though negotiations now seem stalled.
Separately, Baqaei introduced that Oman’s Foreign Minister Sayyid Badr al-Busaidi will go to Tehran on August 25 to proceed discussions with Iranian officers on the Strait of Hormuz.
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02:10
24.8.2026
Iran President Admits Woes As US Treasury Chief Set To Speak On Sanctions Plan
Iranian President Masud Pezeshkian acknowledged the nation was going through societal difficulties within the face of its battle with the US and as Washington seems set to unveil plans to accentuate sanctions on Tehran.
“I understand we have many problems in society right now. We are trying to prevent these as much as we can,” Pezeshkian mentioned in a speech broadcast on state tv on August 24.
Pezeshkian mentioned the federal government is dedicated to decreasing inflation, which has turn into rampant for the reason that begin of US-Israeli strikes on Iran on the finish of February and the next US blockade of Iranian ports.
Iranian President Masud Pezeshkian (file picture)
Pezeshkian additionally spoke of “major imbalances in water, electricity, gas, fuel, the environment, and the banking sector.”
The Iranian president mentioned Iran is going through a mix of warfare, sanctions, political stress, and assassinations since he took workplace in July 2024.
Pezeshkian insisted Iran can face up to the stress, claiming the folks have “demonstrated resilience and solidarity.”
Although serving because the nation’s president, questions stay as to his actual energy amid widespread confusion as to who’s figuring out Iranian authorities and army coverage.
The feedback come forward of deliberate remarks by US Treasury Secretary Scott Bessent, who is because of temporary reporters at 1 p.m. Eastern time on August 24 on what he has known as “the toughest sanctions in history” in opposition to Iran.
“At dawn begins an economic D-Day — the single greatest financial offensive ever marshalled against an adversary,”Bessent wrote in an opinion piecein The Financial Times on August 23.
“The world should understand that our objective is to sever every economic lifeline that sustains the tyrannical regime until Tehran stands alone,” he wrote.
US President Donald Trump final week threatened to extend stress on Tehran, calling it an “economic D-Day” for the nation.
With reporting by dpa and AFPShare
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