US Warns Iran Over Potential Military Action, UAE Pauses Trade with Iran Amid Escalating T
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Iran has considered attacking U.S. military targets in Europe if the war escalates, the Financial Times reported Wednesday, citing two regime insiders.
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Financial TimesIran eyes military targets in Europe if Trump escalates war, insiders say Proposals to retaliate against US assets beyond the Middle East come as many in Tehran see renewed conflict as inevitable
BloombergWhat Is Iran’s Ability to Target US Bases in Europe? Former US Central Command Director of Intelligence Lt. General Karen Gibson (Ret.) examines Iran’s capabilities for launching attacks on US military bases in Europe. The Financial Times reports that the Islamic Republic is weighing strikes should President Donald Trump escalate the war in the Middle East. (Source: Bloomberg)
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The United Arab Emirates on Wednesday said it had paused all "trade, commercial exchanges, and financial transactions" with Iran until further notice. On Tuesday, the UAE's Ministry of Defense said it detected two ballistic missiles launched from Iran toward its territorial waters.
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Financial TimesUAE suspends trade with Iran after saying it fired missiles at Gulf state Defence ministry says weapons were targeting maritime traffic but fell into the sea
FortuneUAE cuts economic ties with Iran after missiles target territory - Bloomberg ONE MORE THING
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By Monday, a 60-day ceasefire deal expired, and neither side has signaled any progress on talks to end the war—which Trump claims is aimed at stopping Iran from building nuclear weapons, even though his own intelligence agencies have said it wasn't trying to do so. Trump notably ditched the Obama administration's Iran nuclear deal during his first term.
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CNBCPresident Donald Trump on Tuesday said the U.S. is not currently in any talks with Tehran and has no plans to restart them. He has also ruled out extending the 60-day ceasefire agreement which expired Monday, after the deal effectively fell apart.
Washington Times BusinessU.S.-Iran negotiations have dried up. This week ended the 60-day period that launched when the U.S. and Iran signed an interim agreement. It had been meant to open the way for more detailed talks. There’s no sign of it being extended. Trump now says there are no planned talks with Iran.
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5 #000000 #FFFFFF Trump's warning to Oman over its negotiations with Iran comes as the closure of the Strait of Hormuz is once again putting upward pressure on petroleum prices.
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Washington Times BusinessIt is not clear whether Trump’s threat will make any difference in Oman’s talks with Iran, including in hurrying the countries to finalize and announce a deal.
FortuneIndeed, negotiations with Iran are at a standstill, Trump said yesterday. “There are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran,” he posted on Truth Social. He also insisted that “The Hormuz Strait is open and operating.”
CNBCMeanwhile, Trump has extended his verbal attacks to longstanding U.S. allies. On Monday, the president threatened to "bomb the s--- out of" Oman if the Gulf nation "gets in the way" of its objectives in the Middle East.
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Trump's warning to Oman comes as the closure of the strait is once again putting upward pressure on petroleum prices.
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Washington Times BusinessIt is not clear what effect Trump’s threat might have Oman is caught between two heavily armed and stubborn powers. Meanwhile, global supplies of oil, natural gas and related goods are only able to get through the strait at a reduced level, with ships still at risk of attack.
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Since Trump and Israel began illegally bombing Iran on February 28, the Middle East country has restricted traffic through the strait, a key shipping route, particularly for fossil fuels. That has driven up fuel prices worldwide, including in the United States, where the cost for a gallon of gasoline just hit a record high for mid-August.
7 details only one outlet reported
Independent claims that didn't surface elsewhere in our corpus. Treat as supplementary — not corroborated across outlets.
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01 ZeroHedge Saudi Arabia spent weeks finding ways around the Strait of Hormuz. Now it is starting to send tankers straight back through it.
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02 CNBC CNBC has reached out to Iran's Military of Foreign Affairs for comment and has not independently verified the story.
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03 Bloomberg Saudis Give Full Oil Allocations to at Least Three Europe Buyers Saudi Aramco has notified at least three European oil refiners that will supply full contractual crude volumes next month, easing concerns about the region’s supply concerns while crude flows from the Persian Gulf and Red Sea are disrupted.
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04 Financial Times Israeli strikes on Syrian air base criticised by US and Turkey Bombing of military site is ‘an unnecessary escalation’ and underlines regional tensions over Damascus regime
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05 Fortune Good morning. On Fortune’s radar today: Fortune’sradar today: Bond vigilantes blow through Scott Bessent’s red lines. Does Iran have Trump cornered? The markets: Ugh. Robot maker Unitree’s IPO gives it $66 billion market cap. This chart might—might —predict when the AI bubble bursts. OpenAI and Anthropic now out-earn Windows and Office. Why there are always fewer than 100 emails in Siemens CEO Roland Busch’s inbox.
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06 Washington Times Business The world knows that U.S. President Donald Trump is angry with Iran. But he’s not happy with the small country lying across the Strait of Hormuz from the Islamic Republic, either: Oman.
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07 Common Dreams 5 #000000 #FFFFFF The Iranian Parliament speaker said the strait will stay closed until the US blockade and oil embargo are lifted, and any party continuing its "aggression or threats" would face a "more severe defeat."
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Sources (7)
- ft
- cnbc
- fortune
- commondreams
- bloomberg
- zerohedge
- washtimes-biz