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Oil Tops $91, US Diesel Crack Near $100 As US-Iran Strikes Resume, Tehran Claims Supertanker Mined In Hormuz

President Trump has continued teasing possible 'retaliation' on Kharg Island after an Iranian overnight ballistic missile attack on American bases in Jordan. Trump says the US will respond to the Iranian attacks, according to Fox. According to further context via Newsquawk:

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The US is preparing to unleash “financial violence” against Iran by rolling out new secondary sanctions every week, with banks first in line, Treasury Secretary Scott Bessent has said. Foreign banks dealing with Iranian funds could ultimately be cut off from the dollar-based financial system.

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Iraq considers currency overhaul to expose looted funds

The Iraqi government is considering introducing a new currency that would remove three zeros from the dinar to simplify transactions and bring funds looted through corruption under government control, Iraqi Communications Minister Mustafa Sanad told local media. "There is a political decision regarding removing zero…

Original report

What's next for Syria's economy as US removes nation from state terror list? - analysis

The United States announced on Aug. 24 that it was rescinding Syria’s designation as a State Sponsor of Terrorism, ending a status that had been in place since 1979 and removing an additional layer of legal restrictions that had shaped the country’s relationship with the international financial and commercial system…

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The Barghouti ‘myth’: Why Palestinians still want a leader they barely know - interview

Despite spending 24 years behind bars, imprisoned senior Fatah figure Marwan Barghouti continues to command significant support among Palestinians, largely because of the “myth” surrounding him and what he has come to symbolize, Dr. Michael Milshtein, head of the Palestinian Studies Forum at Tel Aviv University’s Mo…

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Quarter of Israelis consider using AI for election votes amid rising online disinformation surge

A quarter of Israelis are considering using artificial intelligence to help decide how to vote, while a large majority have already encountered false information and fake or impersonating accounts online, according to a comprehensive survey the Israeli Internet Association conducted ahead of the elections.

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