Middle East Coverage, Breaking News & Insight

OPEC delegates at a 2026 production meeting as the group approves monthly crude oil output increases pushing Brent below $90

Brent Crude Oil Price Today – August 29, 2026: Markets Stall at $88 as Hormuz Deal Stays Fragile

Brent crude settled near $88.29 a barrel Friday after three straight sessions of declines following the Iran-Oman Hormuz corridor deal, surrendering most of July's $105 rally. OPEC+ has added more than 900,000

August 29, 2026

Business·Economy·News

Shoppers browse produce at the historic Tajrish bazaar in northern Tehran amid the economic toll of the Iran war 2026

Iran Concedes Economic Toll of War as Khamenei Breaks Silence on Inflation

Six months into the war, Supreme Leader Khamenei broke months of public silence with a written statement on inflation and unemployment, as the president disclosed 66 percent annual inflation and a 35-percent

August 29, 2026

Conflicts, Military and War·News

Oil tankers and crude oil market chart as Brent crude surges on Middle East tensions and Strait of Hormuz disruption in 2026

Oil Price Today, August 28, 2026: Brent Falls to $88 as Hormuz Risk Premium Fades

Brent crude settled at $88.22 a barrel on Thursday as the Iran-Oman Hormuz framework eroded the conflict risk premium that had kept oil elevated through August. WTI fell to $82.82, capping a

August 29, 2026

Business·News

Infographic showing the six-month mark of the Iran-US war and the shipping crisis in the Strait of Hormuz

Iran War at Six Months: 6,000 Sailors Stranded in the Strait of Hormuz

Six months after the US-Iran war began, 6,000 sailors remain stranded in the Strait of Hormuz as Washington and Tehran contest who controls the waterway. Oman and Iran have agreed on a

August 29, 2026

Conflicts, Military and War·Government and Politics·News

The Strait of Hormuz photographed from the International Space Station showing Iran coast and Persian Gulf entrance

Iran Sets Conditions for Reopening Strait of Hormuz, Demands End to US Blockade and Sanctions

Iran's SNSC Secretary Mohsen Rezaei has named Tehran's formal conditions for reopening the Strait of Hormuz: the US must end its blockade, lift sanctions, release frozen assets, and agree to a region-wide

August 29, 2026

Conflicts, Military and War·Government and Politics·News

US Treasury Secretary Scott Bessent speaking at a Treasury Department podium

Washington Cuts an Egyptian Bank’s Dubai Branch Off From the Dollar

FinCEN has proposed revoking the UAE branch of Egypt's Banque Misr from correspondent banking access to US institutions, saying its customers include front companies for Iran's defence ministry and the Revolutionary Guard.

August 28, 2026

Business·Government and Politics·News

Abbas Araghchi shakes hands with Oman's foreign minister in front of Iranian and Omani flags

Al-Hadath Says Washington Warned Israel Off Iran. Neither Government Has Said So.

A Saudi broadcaster, citing unnamed sources, says the United States has warned Israel against striking Iran and urged it to hold the line with Syria. No official on either side has confirmed

August 28, 2026

Conflicts, Military and War·Government and Politics·News

US Navy vessels in the Strait of Hormuz mine-clearing operation August 2026

CENTCOM Declares Hormuz Mine-Free. Iran Calls It Propaganda.

The United States military declared the Strait of Hormuz free of Iranian mines after guiding nearly 1,500 vessels through cleared lanes. Iran's deputy foreign minister called the announcement propaganda and said the

August 28, 2026

Conflicts, Military and War·Government and Politics·News

Iranian Foreign Minister Abbas Araghchi during talks on reviving diplomacy with Washington

Iran Says Diplomacy Is Not Impossible. The Conditions Are the Old Ones.

Abbas Araghchi says putting diplomacy back on track is not impossible, provided Washington accepts that pressure does not work. The four things he asks for are the same four Tehran has asked

August 28, 2026

Conflicts, Military and War·Government and Politics·News

Commercial tankers navigate the Strait of Hormuz after Iran and Oman agreed on a temporary seven-mile shipping corridor

Iran and Oman Open Strait of Hormuz Shipping Corridor in Deal That Leaves the US Outside

Iran and Oman have opened a narrow, temporary shipping corridor through the Strait of Hormuz — entirely on Iranian terms — while Tehran signals it will now set the conditions for any

August 28, 2026

Conflicts, Military and War·Government and Politics·News

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Middle East- Page 30

Brent Crude Oil Price Today – August 29, 2026: Markets Stall at $88 as Hormuz Deal Stays Fragile

Iran Concedes Economic Toll of War as Khamenei Breaks Silence on Inflation

Oil Price Today, August 28, 2026: Brent Falls to $88 as Hormuz Risk Premium Fades

Iran War at Six Months: 6,000 Sailors Stranded in the Strait of Hormuz

Iran Sets Conditions for Reopening Strait of Hormuz, Demands End to US Blockade and Sanctions

Washington Cuts an Egyptian Bank’s Dubai Branch Off From the Dollar

Al-Hadath Says Washington Warned Israel Off Iran. Neither Government Has Said So.

CENTCOM Declares Hormuz Mine-Free. Iran Calls It Propaganda.

Iran Says Diplomacy Is Not Impossible. The Conditions Are the Old Ones.

Iran and Oman Open Strait of Hormuz Shipping Corridor in Deal That Leaves the US Outside

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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Middle East- Page 30

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