EXPLAINER
Iran refutes Trump’s claim to ‘control’ Hormuz: What’s the latest in talks?
Iran says Hormuz stays closed until US meets its demands and changes its ‘behaviour’ as global energy prices rise.
![US President Donald Trump speaks during an event to sign an executive order regarding vaccine flexibility, in the Oval Office at the White House in Washington, DC, US on Aug. 10, 2026. [Kylie Cooper]](/wp-content/uploads/2026/08/image-1786395261.jpg?resize=770%2C513&quality=80)
![Al Jazeera’s Marah Ryan has the latest on a potential new deal between the US and Iran, which could be signed within 48 hours, according to US officials. [Al Jazeera]](/wp-content/uploads/2026/08/image-1785942704.jpg?resize=770%2C513&quality=80)
Advertisement
Content Feed
Trump administration sued by 25 states over new tariffs on trading partners
The states claim the new levies are a pretext to re-impose tariffs that were ruled illegal by the US Supreme Court.
Japan and US confirm rare joint intervention to prop up yen
US President Donald Trump says helping to bolster the Japanese currency is a sign of friendship.
![Japan's Finance Minister Satsuki Katayama speaks to the media about the US-Japan joint forex action upon her arrival at the Finance Ministry in Tokyo. [Issei Kato/Reuters]](/wp-content/uploads/2026/08/2026-08-02T233755Z_609247456_RC2NQMATKU91_RTRMADP_3_JAPAN-YEN-1785717755.jpg?resize=770%2C513&quality=80)
Rubio’s bypass plan: Can the world escape the Strait of Hormuz chokepoint?
Experts warn that Marco Rubio’s Hormuz bypass plan is hindered by pipeline limits and severe Red Sea threats.
EDITOR'S ANALYSIS
Growing like ‘gangbusters’: Can Taiwan maintain its economic momentum?
Taiwan’s GDP is soaring on back of US imports of AI chips, but experts warn that problems could arise with Trump, China.
EXPLAINER
How US Senate Russia sanctions could spell 100% tariffs for India, China
Russian energy exports could face sweeping tariffs under bill named for late Senator Lindsey Graham.
Why is US GDP growth slowing, and how can it be reversed?
Tariffs and oil price hikes create a supply shock, dragging down US economic growth in the second quarter of 2026.
EXPLAINER
Why is Saudi Arabia forming a coalition to protect the Red Sea?
The alliance aims to defend shipping from attacks by Iran-backed Houthis in Yemen.
What lies ahead for Iran’s economy as scope of US war grows beyond Hormuz?
Mediation efforts continue but uncertainty remains as risks of further disruptions in international waterways grow.
EXPLAINER
After Strait of Hormuz and Red Sea, has Iran war now reached Caspian Sea?
Iran condemns what it calls a ‘hostile and criminal’ Ukrainian attack on commercial vessel. How will it affect the war?
US small businesses challenge Trump’s new forced labour tariffs
In lawsuit on Friday, two small businesses said latest round of tariffs on 60 countries needs to be legally justified.
