Tehran [Iran], September 3 (ANI): Iran's Persian Gulf Strait Authority (PGSA) on Wednesday (local time) blacklisted a further 11 vessels transiting through the Strait of Hormuz over what it described as 'non-compliance' with Iranian protocols, taking the total number of vessels barred from the strategically important waterway to 56.
Washington DC [US], September 3 (ANI): US Secretary of State Marco Rubio has said that he does not believe there are talks currently going on for a trade deal between India and Iran, while warning that countries helping Tehran amid the West Asia conflict to evade US sanctions could face sanctions themselves.
Turkey replaces Russian oil and diesel imports from US as wars reverberate Turkey is turning to the United States for crude oil and refined products as supplies from Russia are jolted amid increasing Ukrainian attacks on its energy infrastructure, according to recent Turkish customs data. The US overtook Russia in June as Turkey’s main crude oil supplier with roughly 570,000 tonnes arriving compared to 425,000 from Russia. The numbers reflect how Ankara is reducing its exposure to Russian crude after emerging as one of its top buyers following Russia’s invasion of Ukraine.
Iranian currency falls to new low Iran's currency has dropped to a record low of more than 2. 2 million rials per US dollar, two websites tracking the free market rate showed on Wednesday, amid renewed US strikes on the country. The rial has dropped about 10% in the past week, having lost about half of its value in a year of tightening US sanctions and US-Israeli attacks that began in February.
Turkey replaces Russian oil and diesel imports from US as wars reverberate Submitted by MEE staff on Wed, 09/02/2026 - 18:18 Turkey is importing more oil from the US, even after it extended a natural gas deal with Russia People queue at a petrol station in Istanbul on 6 March 2026 as fears have grown of a possible inflationary wave as war in the Middle East sends energy prices shooting upwards (Yasin Akgul/AFP) Off Turkey is turning to the United States for crude oil and refined products as supplies from Russia are jolted amid increasing Ukrainian attacks on its energy infrastructure, according to recent Turkish customs data. The US overtook Russia in June as Turkey’s main crude oil supplier with roughly 570,000 tonnes arriving compared to 425,000 from Russia. The numbers reflect how Ankara is reducing its exposure to Russian crude after emerging as one of its top buyers following Russia’s invasion of Ukraine.
Iran adds 11 more ships to Hormuz blacklist Iran’s Persian Gulf Strait Authority (PGSA) has added a further 11 ships to its blacklist on Wednesday, barring the vessels from transiting through the Strait of Hormuz for “non-compliance” with its rules. The move comes a week after Tehran blacklisted 45 tankers from the Strait of Hormuz, warning that any vessel cooperating with a banned ship would also be added to the list. PGSA, a body set up by Iran to manage the strait, now prohibits 56 vessels from transiting the critical waterway.
Iran’s shadow banking network runs far deeper and wider than the network targeted by US sanctions last month, an Iran International investigation found, showing that Tehran used more than a dozen banks in China and the United Arab Emirates to access the global financial system.
Israel vows to retaliate if UK imposes sanctions Submitted by Nadav Rapaport on Wed, 09/02/2026 - 13:58 London threatens 'comprehensive' sanctions over Israel's plan to expand settlements in Area E1 A picture taken from the E1 corridor, a super-sensitive area of the occupied West Bank, shows the Israeli settlement of Maale Adumim in the background on 16 April 2025 (AFP) Off Israeli Foreign Minister Gideon Sa'ar warned that Israel would retaliate should the UK imposed sanctions over illegal settlements in the occupied West Bank. During an interview with Israeli news outlet Ynet on Tuesday, Sa'ar was asked about the tense relationship between Israel and the UK over recent Israeli plans to further expand settlements. Sa'ar accused the Labour government of "acting systematically against Israel", adding that it has "already harmed defence exports to us and imposed sanctions on ministers".
Canada awarded more than $2 million in federal and provincial government contracts to the son of a former Iranian vice president despite a long-running investigation into allegations he helped Iran evade sanctions and develop military technology, Global News reported Wednesday.
New Delhi [India], September 2 (ANI): Indian markets crashed on Wednesday amid escalating geopolitical tensions in West Asia and rising global crude oil prices, which overshadowed the strong macro and GDP growth. The benchmark BSE Sensex stood at 76,230. 86 points, falling 713.
US energy secretary says 17 million barrels of oil transited Hormuz Strait on Monday US Secretary of Energy Chris Wright said that 17 million barrels of oil transited the Strait of Hormuz on Monday. Wright added that marked the highest level of crude oil to pass through the waterway since the war on Iran disrupted shipping. Wright's statement shows a discrepancy with preliminary ship-tracking data from Kpler, which recorded only five commodity vessels transiting the waterway that day, with no liquid tankers recorded.
The UK's Foreign Secretary Ed Miliband pledged on Tuesday to introduce a "comprehensive reset" of policy on Israel.
Japan’s collision with Donald Trump reveals the dilemma facing Britain: economic independence is becoming more necessary – and more tricky to achieve “In the midst of every crisis lies great opportunity” is an aphorism attributed to Albert Einstein . It seems to be taken to heart by this White House. A global bond sell-off sparked by an inflationary shock emanating from the Gulf sees Donald Trump seeking to restrict plans by Japan – a longtime ally – to reduce dependence on an international system America dominates.
IAEA reports progress in Syria investigation, none in Iran The UN nuclear watchdog has resolved its outstanding questions in its investigation into past, secret nuclear activities in Syria under the Assad family's rule, a confidential report by the agency seen by Reuters said on Tuesday. A separate, quarterly International Atomic Energy Agency (IAEA) report on Iran also sent to member states and seen by Reuters showed there had again been no progress in Iran, where its lack of access to verify uranium stocks since US and Israeli attacks in June 2025 remained a "proliferation concern".
Speaking on the sidelines of the G20 summit, U. S. Treasury Secretary Scott Bessent expressed optimism that the European Union, Britain and the United Arab Emirates were prepared to join the U.
Israel warns UK of retaliation if it imposes sanctions Israeli Foreign Minister Gideon Saar warned on Tuesday that Israel would retaliate against the UK if any sanctions are announced by British Prime Minister Andy Burnham, after reports emerged that Burnham is expected to soon approve a ban on Israeli goods produced in illegal West Bank settlements. "If Britain acts against the State of Israel, the State of Israel will act against Britain," Saar told a podcast.
An Iran International investigation into five US-wanted hackers linked to the IRGC and Intelligence Ministry found they combined state-directed espionage with selling stolen data, extortion and attacks on Iranian citizens and companies for profit.
The latest measures have forced the cancellation of English proficiency and graduate exams, isolating many Iranians most eager to foster ties with the world.
TEHRAN (Tasnim) – Iran called on the United Nations Conference on Trade and Development (UNCTAD) to address the impact of unilateral coercive measures, armed conflicts and foreign aggression on investment flows, stressing the need for a more development-oriented international investment environment.
Iran has enough foreign currency to keep paying for essential imports and is ready to put as much as $2 billion into the market to stabilize the rial, Central Bank Governor Abdolnaser Hemmati said on Tuesday.
