War and blockade deepen Iran's economic strain as prices rise and wages lag
Months of war with the United States and a naval blockade of Iranian ports are intensifying economic pressure across Iran, according to a report published on 16 August. In Tehran, residents described a labour market with few attractive openings, low pay and worsening living costs. The report said the strain is being felt most sharply by workers trying to cover basic expenses while searching for better-paid jobs.One Tehran resident, Saeed, said he was looking for work beyond his current elementary school teaching job because the available postings offered poor conditions and little security. He said many employers were offering monthly... [Continue Reading]
360LiveNews | 16 Aug 2026 13:38 LONDON
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Iran says Strait of Hormuz will remain under its control as US standoff continues
Iran has said the Strait of Hormuz will remain under its control as tensions with the United States continue over the strategic waterway. Deputy Foreign Minister Kazem Gharibabadi said the strait would be opened and closed only under Iran's command, and that the blockade would continue unless Washington accepted defeat. The comments came after President Donald Trump warned Iran in remarks that have added to the standoff over one of the world's most important oil routes.Foreign Minister Abbas Araqchi said Iran had not decided to resume talks with the United States, and that Washington would have to meet conditions on... [Continue Reading]
360LiveNews | 15 Aug 2026 08:59 LONDON
Day News Recap: Ukraine retakes ground as Hormuz tensions, wildfires and disasters hit multiple regions
Ukraine said it has completed a counteroffensive in the southern part of Dnipropetrovsk region, retaking 26 settlements and about 745 square kilometres, even as Russian strikes intensified elsewhere in the war zone. Kyiv also said Russian and Ukrainian forces traded fresh strikes on rail, port and oil infrastructure, widening the latest exchange in the conflict. đź”— đź”—In eastern Ukraine, a Russian air raid on Kramatorsk killed one person and wounded 17 after eight FAB 250 guided bombs hit the city, while Ukraine separately proposed a deal to halt attacks on civilian ships in the Black Sea in an effort to... [Continue Reading]
360LiveNews Recap | 14 Aug 2026 18:22 LONDON
Breakfast News Recap: Iran pressure, regional tensions and disaster response dominate a crowded briefing
The biggest geopolitical story was the sharpening US pressure on Iran, with Washington saying it can maintain a naval blockade indefinitely and Treasury Secretary Scott Bessent warning of economic isolation, while shipping through the Strait of Hormuz continued to fall. The UAE also accused Iran of attacks on two ADNOC linked vessels in the strait, and verified video and satellite analysis showed a major oil slick washing up on Iran's Qeshm Island after a vessel was hit there. đź”— đź”— đź”— đź”—Security tensions widened elsewhere in the region, with NATO fighter jets scrambling after a drone crossed into Latvian airspace... [Continue Reading]
360LiveNews Recap | 14 Aug 2026 08:20 LONDON
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UAE accuses Iran of attacks on two ADNOC vessels in Strait of Hormuz
The United Arab Emirates has accused Iran of attacking two vessels linked to the state energy company ADNOC while they were transiting the Strait of Hormuz. The UAE said the incident happened on Thursday evening in one of the world's most sensitive shipping lanes. No injuries were reported, and ADNOC said the situation was brought under control.In a statement issued in the early hours of Friday, the UAE Ministry of Foreign Affairs said it strongly condemned what it described as a hostile Iranian attack targeting two vessels affiliated with ADNOC. Emirati media reported that ADNOC confirmed the ships were attacked... [Continue Reading]
360LiveNews | 14 Aug 2026 01:59 LONDON
Iran weighs how long it can sustain war with the US and Israel as economic strain deepens
After seven months of war, Iranian leaders are reportedly not rushing to end the conflict with the United States and Israel. Instead, they are assessing how long they can keep it going while facing mounting pressure at home. The latest analysis says Tehran still has the capacity to launch attacks and could affect the Strait of Hormuz, one of the world's most sensitive shipping routes.The report says the number of ballistic missiles fired by Iran has been falling, but that drones and cruise missiles are easier and faster to produce. It also says parts of Iran's defence industry and missile... [Continue Reading]
360LiveNews | 13 Aug 2026 09:29 LONDON
US military disables Panama-flagged ship near Iranian port as blockade enforcement continues
US Central Command said a Navy MH-60 helicopter fired missiles into the engine room of the Panama-flagged M/V Vela Nova after the vessel ignored repeated warnings and tried to approach an Iranian port. The command said the ship was disabled on Tuesday and was no longer transiting to Iran in violation of the US blockade. The incident was described as the third forced halt since Washington reinstated the blockade on 14 July.CENTCOM said it has redirected 55 ships that tried to run the blockade and boarded two others as of Tuesday. It also said the earlier blockade period, from 13... [Continue Reading]
360LiveNews | 12 Aug 2026 04:31 LONDON
Houthis blamed for deadly Bab al-Mandeb cargo ship attack as death toll rises to six
Yemen's internationally recognised government says a Houthi attack on the Egyptian-owned cargo vessel Tihamah in the Bab al-Mandeb strait killed at least six people and wounded 10 others. The strike, which officials described as a double-tap attack, is the latest escalation in a key maritime corridor linking the Red Sea to the Gulf of Aden. It also marks the first shipping deaths linked to the Houthis since the wider conflict involving Iran intensified, according to the supplied reports.Yemen's Transport Ministry said three Pakistani nationals and one Indonesian national were among those killed after the Houthis fired three ballistic missiles at... [Continue Reading]
360LiveNews | 12 Aug 2026 04:29 LONDON
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Fear the Shia, Arm the Sunnis: The Uncomfortable Numbers Behind America’s War Narrative
“When fear is managed carefully enough, a nation can be taught to look away from the blood on the floor and stare instead at the shadow on the wall.” A friend of mine, whose name I will not reveal because he asked me not to, sat across from me over dinner and placed a question on the table that would not leave me alone. He was born into a Muslim Shia background, and for the angle of this article, that detail matters, not because I wish to reduce a man to a sect, but because sect has become one of... [Continue Reading]
360LiveNews-Opinion | 23 May 2026 08:00 LONDON
