{"id":830269,"date":"2026-08-29T23:48:13","date_gmt":"2026-08-29T23:48:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/830269\/"},"modified":"2026-08-29T23:48:13","modified_gmt":"2026-08-29T23:48:13","slug":"strait-of-hormuz-traffic-remains-below-normal-as-us-sanctions-pressure-iran","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/830269\/","title":{"rendered":"Strait of Hormuz traffic remains below normal as US sanctions pressure Iran"},"content":{"rendered":"<p>1 hour ago<\/p>\n<p>Pinned<\/p>\n<p>Iran says Hormuz deal with Oman reached but won&#8217;t take effect until US honors Islamabad pact: report<\/p>\n<p>Iran and Oman have reached an understanding over the Strait of Hormuz, but Tehran says it will not be implemented until the U.S. fulfills commitments under the Islamabad memorandum of understanding, according to <a href=\"https:\/\/www.iranintl.com\/en\/202608296391\" target=\"_blank\" rel=\"nofollow noopener\">Iran International English<\/a>, citing Iranian media.<\/p>\n<p>\u201cThe Strait of Hormuz remains closed, and any vessel passing through the strait does so in coordination with Iran,\u201d Iranian Deputy Foreign Minister Kazem Gharibabadi said Saturday, according to the outlet.<\/p>\n<p>Gharibabadi said Tehran would continue what he called its \u201cdefensive measures\u201d and is \u201cprepared for any scenario.\u201d<\/p>\n<p>The Iranian official also addressed recent visits by Qatari and Pakistani officials, saying their diplomatic efforts were aimed at determining whether the parties could return to implementing commitments made under the Islamabad MoU.<\/p>\n<p>The claims come as Washington and Tehran remain at odds over control of the strategic waterway, with U.S. Central Command maintaining that Iran does not control the Strait of Hormuz.<\/p>\n<p>8 mins agoIsraeli minister vows new strikes if Iran rebuilds nuclear or missile programs, even with US deal<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/category\/world\/world-regions\/israel\" target=\"_blank\" rel=\"nofollow noopener\">Israel will strike<\/a> Iran again if Tehran attempts to rebuild its nuclear or ballistic missile programs, even if the Islamic Republic reaches a new agreement with the United States, Israeli Energy Minister Eli Cohen said Saturday, according to <a href=\"https:\/\/www.aljazeera.com\/news\/liveblog\/2026\/8\/29\/iran-war-live-irgc-asserts-strait-control-us-enforces-blockade?update=4897595\" target=\"_blank\" rel=\"nofollow noopener\">Al Jazeera<\/a>.<\/p>\n<p>\u201cIf Iran makes the mistake and tries to renew its nuclear programme or ballistic missile programme, even if there is an agreement with the United States, we will be there to attack,\u201d Cohen told Israeli news outlet Ynet.<\/p>\n<p>Cohen argued that Iran would have obtained nuclear weapons had Israel not acted and said Israeli intelligence assesses that joint U.S.-Israeli strikes set Tehran\u2019s nuclear program back by two to four years.\u201cWe have already proven our capabilities,\u201d Cohen said.<\/p>\n<p>The warning comes as Iranian officials signal they are open to renewed diplomacy with Washington while continuing to resist U.S. pressure over the Strait of Hormuz and Tehran\u2019s nuclear ambitions.<\/p>\n<p>34 mins agoPahlavi says 160 Iranian political prisoners, families rally behind push to \u2018save Iran\u2019<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/category\/world\/conflicts\/iran\" target=\"_blank\" rel=\"nofollow noopener\">Iranian opposition<\/a> figure Reza Pahlavi on Saturday thanked 160 political prisoners and families seeking justice inside Iran after his communications team said they had backed him as a unifying figure in the effort to end the Islamic Republic.<\/p>\n<p>\u201cI am profoundly grateful from the bottom of my heart to the 160 political prisoners and the families seeking justice inside Iran who, despite the heavy costs and risks they have endured, have so courageously raised their voices,\u201d Pahlavi wrote on X in a translated statement.<\/p>\n<p>Pahlavi Communications said the signatories expressed support for Pahlavi as the \u201caxis of solidarity and leadership for the national uprising,\u201d while urging opposition forces to put aside internal disputes.<\/p>\n<p>The group said the names of 160 signatories were withheld for security reasons and that the statement called for a \u201cfree, prosperous, secular, and democratic Iran.\u201d<\/p>\n<p>\u201cToday more than ever we need unity within the framework of our shared principles, discipline, accountability, and focus on saving Iran,\u201d Pahlavi said.<\/p>\n<p>\u201cThis national solidarity is the powerful force that will ultimately make us victorious and free our beloved Iran.\u201d<\/p>\n<p>2 hours agoNetanyahu spokesman vows \u2018no vigilantism,\u2019 blasts PA for failing to condemn attacks on Jews<\/p>\n<p>Israeli Prime Minister <a href=\"https:\/\/www.foxnews.com\/category\/person\/benjamin-netanyahu\" target=\"_blank\" rel=\"nofollow noopener\">Benjamin Netanyahu<\/a>\u2019s office vowed Saturday to prosecute those behind violence in the West Bank villages of Qusra and Jalud, while drawing a sharp contrast with the Palestinian Authority\u2019s response to attacks on Jews.<\/p>\n<p>\u201cIsrael\u2019s position is clear: No vigilantism. Those responsible will be apprehended and brought to justice,\u201d the prime minister\u2019s office wrote on X alongside a video statement.<\/p>\n<p>PMO international spokesman Doron Spielman said the violence was carried out by a \u201csmall group of rioters\u201d who do not represent the law-abiding Jewish community in Judea and Samaria.<\/p>\n<p>\u201cTheir actions violate the law, they endanger both Jews and Arabs, and they interfere with the Israel Defense Forces as they carry out vital security missions,\u201d Spielman said.<\/p>\n<p>He said Israeli forces swiftly restored order, confiscated three vehicles and were directed to apprehend those responsible.<\/p>\n<p>\u201cIsrael is a nation of laws. And we will not tolerate vigilantism of any kind by anyone,\u201d Spielman said.<\/p>\n<p>He then accused the Palestinian Authority of failing to condemn \u201cthousands of murderous acts against Jews in Judea and Samaria,\u201d adding: \u201cThat is the difference.\u201d<\/p>\n<p>3 hours agoWhite House responds to reports Trump will meet oil refiners as Iran war pressures gas prices<\/p>\n<p>The White House responded Saturday to reports that President <a href=\"https:\/\/www.foxnews.com\/category\/person\/donald-trump\" target=\"_blank\" rel=\"nofollow noopener\">Donald Trump<\/a> will meet with U.S. oil refiners and fuel retailers next week as the administration faces pressure to bring down gasoline prices during the war with Iran.<\/p>\n<p><a href=\"https:\/\/urldefense.com\/v3\/__https:\/www.reuters.com\/business\/energy\/trump-meet-refiners-fuel-retailers-iran-war-pressures-gas-prices-ahead-midterms-2026-08-27\/__;!!PxibshUo2Yr_Ta5B!y_a2tPKGMSP2jZOvXQei8lqpRnPndGabMQdGVp9vV-AyTgFOIXoIbc1YLe49oEKeAp92uhTGFsDMALqbTEIf1vYpBl0Epwk0MNM$\" target=\"_blank\" rel=\"nofollow noopener\">Reuters reported<\/a> Thursday, citing people familiar with the matter, that Trump is expected to convene refiners and fuel retailers next week to discuss efforts to lower prices for consumers.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-08-28\/trump-to-discuss-high-fuel-prices-with-oil-refiners-next-week\" target=\"_blank\" rel=\"nofollow noopener\">Bloomberg separately reported<\/a> that the meeting is planned for the afternoon of Tuesday, Sept. 1, with representatives from at least 10 fuel makers and distributors, citing people familiar with the private plans.<\/p>\n<p>Asked by Fox News about the reported meeting, a White House official did not confirm the gathering.<\/p>\n<p>\u201cThe Trump Administration will make a decision that is best for consumers, farmers, and energy supply chains,\u201d the official told Fox News. \u201cAny announcement will be made directly by the Administration at the appropriate time.\u201d<\/p>\n<p>Fox News&#8217; Sarah Tobianski contributed to this reporting.<\/p>\n<p>3 hours agoHuckabee praises Israeli crackdown on rioters, challenges PA to condemn Palestinian violence<\/p>\n<p>U.S. Ambassador to Israel <a href=\"https:\/\/www.foxnews.com\/category\/shows\/huckabee\" target=\"_blank\" rel=\"nofollow noopener\">Mike Huckabee<\/a> praised Israeli leaders Saturday for pairing condemnations of violence in the West Bank with \u201cstrong action,\u201d while calling on Palestinian Authority officials to similarly condemn attacks against Israelis.<\/p>\n<p>\u201cStrong statements\u201d came from Prime Minister Benjamin Netanyahu, Foreign Minister Gideon Sa\u2019ar, the IDF and other Israeli officials, Huckabee wrote on X. \u201cBut strong action backed up their statements.\u201d<\/p>\n<p>Netanyahu earlier condemned what he called \u201ccriminal acts of violence\u201d by a \u201chandful of rioters\u201d in the villages of Qusra and Jalud, saying the violence harmed law-abiding Jewish communities, interfered with IDF operations and simultaneously damaged Israel\u2019s international standing.<\/p>\n<p>The prime minister said security forces quickly intervened, confiscated three vehicles and opened an investigation, adding that he expects those responsible to be arrested and prosecuted.<\/p>\n<p>\u201cLet\u2019s hope PA officials will join in condemning violence against Israel by Palestinians,\u201d Huckabee wrote. \u201cIt\u2019s wrong whoever does it!\u201d<\/p>\n<p>3 hours agoUS says Hezbollah is \u2018simply taking orders from Iran,\u2019 demands terror group disarm<\/p>\n<p>The State Department said Saturday that Hezbollah is \u201csimply taking <a href=\"https:\/\/www.foxnews.com\/category\/world\/conflicts\/iran\" target=\"_blank\" rel=\"nofollow noopener\">orders from Iran<\/a>\u201d and called on the terrorist group to disarm as Washington pushes for a sovereign Lebanese government free from Tehran\u2019s influence.<\/p>\n<p>\u201cThe United States stands with the Lebanese people and wants Lebanon to be a safe and sovereign country. For that to happen, Hizballah must disarm,\u201d a State Department spokesperson said in a statement shared by the U.S. Embassy in Beirut.<\/p>\n<p>The spokesperson said the Lebanese government is the \u201csole legitimate interlocutor\u201d for discussions about the country\u2019s future and urged Hezbollah to turn over its weapons to the state.<\/p>\n<p>\u201cWhen Hizballah decides it is ready to do so, it can talk with the Lebanese state,\u201d the spokesperson said. \u201cBut as it stands, Hizballah so far does not want to talk to the Lebanese state, nor talk to us, nor talk to Israel, because it is simply taking orders from Iran.\u201d<\/p>\n<p>\u201cIt\u2019s time for Hizballah to do what\u2019s best for Lebanon and the Lebanese people,\u201d the statement concluded.<\/p>\n<p>4 hours ago4 plead guilty to torching Jewish ambulances in London attack claimed by Iran-linked group<\/p>\n<p>Four young men pleaded guilty Friday to destroying four ambulances belonging to a Jewish charity in a targeted arson attack in London during the early weeks of the Iran war, according to <a href=\"https:\/\/www.timesofisrael.com\/four-plead-guilty-to-burning-ambulances-owned-by-london-jewish-charity\/\" target=\"_blank\" rel=\"nofollow noopener\">The Times of Israel<\/a>.<\/p>\n<p>British nationals Hamza Iqbal, 20, Rehan Khan, 19, Judex Atshatshi, 18, and British-Pakistani Saif Ali, 18, admitted to criminal damage over the March 23 attack in Golders Green, a neighborhood with a large Jewish population.<\/p>\n<p>Three of the men set fire to the Hatzola ambulances while a fourth waited in a getaway car, causing an estimated \u00a31 million, or roughly $1.4 million, in damage, the outlet reported.<\/p>\n<p>Prosecutors previously described the incident as \u201ca premeditated and targeted attack against the Jewish community.\u201d<\/p>\n<p>An <a href=\"https:\/\/www.foxnews.com\/category\/world\/conflicts\/iran\" target=\"_blank\" rel=\"nofollow noopener\">Iran-linked group<\/a> known as Harakat Ashab al-Yamin al-Islamiyah, or HAYI, previously claimed responsibility for the ambulance attack, according to the report.<\/p>\n<p>Defense attorneys have denied that the four defendants had terrorism connections to any group banned in the U.K.The men are expected to be sentenced in spring 2027.<\/p>\n<p>4 hours agoUS economic offensive zeroes in on Dubai as Iran\u2019s critical financial lifeline: report<\/p>\n<p>The Trump administration\u2019s expanding economic campaign against Iran is increasingly targeting financial and trade channels through Dubai, Istanbul and Baghdad rather than focusing first on Beijing, according to an <a href=\"https:\/\/www.iranintl.com\/en\/202608288051\" target=\"_blank\" rel=\"nofollow noopener\">analysis by Iran International English<\/a>.<\/p>\n<p>The outlet reported that Tehran needs hard currency it can readily spend to defend the rial, pay military and security forces and keep salaries and subsidies flowing, while much of the money Iran earns selling oil to China remains held in yuan.<\/p>\n<p>That makes regional financial hubs particularly important to the regime, the report argued.<\/p>\n<p>Treasury on Friday proposed cutting Banque Misr\u2019s UAE branches off from U.S. correspondent banking, saying they processed roughly $1.8 billion for 103 companies potentially tied to <a href=\"https:\/\/www.foxnews.com\/category\/world\/conflicts\/iran\" target=\"_blank\" rel=\"nofollow noopener\">Iranian shadow banking<\/a> networks.<\/p>\n<p>Iran International described Dubai as a crucial channel through which front companies, brokers and exchange houses help convert Iranian proceeds into usable currency and obtain imports Tehran cannot directly purchase.<\/p>\n<p>The report also pointed to Turkey and Iraq as remaining pressure points for Iranian trade and access to dollars as Operation Economic Outcast intensifies.<\/p>\n<p>5 hours agoShin Bet says Netanyahu\u2019s son rushed home from Miami over \u2018significant threat\u2019 amid Iran plot report<\/p>\n<p>Israel\u2019s Shin Bet security agency confirmed Saturday that it urgently brought Prime Minister Benjamin Netanyahu\u2019s son Yair back to Israel from Miami after determining there was a \u201csignificant threat\u201d against him, according to <a href=\"https:\/\/www.timesofisrael.com\/liveblog_entry\/shin-bet-confirms-to-channel-12-it-urgently-brought-yair-netanyahu-to-israel-from-miami-due-to-threat\/\" target=\"_blank\" rel=\"nofollow noopener\">The Times of Israel<\/a>.<\/p>\n<p>\u201cThere was a significant threat to harm Yair Netanyahu, and in light of this and after an assessment, a decision was made together with the security team to urgently rescue him and return him to Israel,\u201d the Shin Bet told Israel\u2019s Channel 12.<\/p>\n<p>The agency did not publicly identify the source of the threat. The confirmation comes after a report earlier this week said Yair Netanyahu was targeted in an alleged Iranian assassination plot while living in Florida in December 2025.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/category\/person\/benjamin-netanyahu\" target=\"_blank\" rel=\"nofollow noopener\">Prime Minister Netanyahu<\/a> separately told Israel\u2019s Channel 14 that \u201cIran targeted one of my sons\u201d and \u201ctried to kill, to murder\u201d him.<\/p>\n<p>Channel 12 reported that Shin Bet agents protecting Israeli President Isaac Herzog in New York were diverted to Miami to help carry out the operation.<\/p>\n<p>5 hours agoEurope must stop &#8216;contortions&#8217; and choose between Iran or the US, former ambassador says<\/p>\n<p>Former U.S. ambassador to the European Union Gordon Sondland told Fox News&#8217; &#8220;Saturday in America&#8221; that it&#8217;s time for Europe &#8220;to be counted one way or the other\u201d when it comes to whether <a href=\"https:\/\/www.foxnews.com\/opinion\/amb-gordon-sondland-allies-enjoyed-free-ride-trading-iran-trump-shutting-down\" target=\"_blank\" rel=\"nofollow noopener\">they are on America\u2019s side or Iran\u2019s.\u00a0<\/a><\/p>\n<p>&#8220;For years, they&#8217;ve been doing contortions in trying to appease us and continue to do business with Iran,\u201d he said. \u201cIt&#8217;s really despicable when you think about it.\u201d\u00a0<\/p>\n<p>\u201cWhen I was ambassador between 18 and 20, and President Trump was trying to withdraw from the JCPOA, which he ultimately did, we gave the Europeans all kinds of intel and information about what the Iranians were doing on their own soil,\u201d Sondland continued. \u201cAnd then when we asked them to stop doing business with Iran &#8212; we know, you know, a deal is a deal &#8212; but at the end of the day, it takes money to create mischief.\u201d\u00a0<\/p>\n<p>\u201cAnd the Europeans were providing that money to the Iranian regime. And they still will not break ties,\u201d Sondland said. \u201cSo now we have the situation we&#8217;re in, and I think it&#8217;s time for the Europeans to be counted one way or the other. Are you part of the coalition or are you not? And if you&#8217;re not part of the coalition, what you&#8217;re doing indirectly is you&#8217;re fighting the United States.\u201d\u00a0<\/p>\n<p>Posted by Greg Norman-Diamond<\/p>\n<p>6 hours agoThreat level remains \u2018severe\u2019 for ships in the Strait of Hormuz, UK maritime agency says<\/p>\n<p>The risk of danger that ships face while transiting the Strait of Hormuz remains heightened Saturday as vessel traffic has been \u201csignificantly reduced\u201d during the <a href=\"https:\/\/www.foxnews.com\/category\/politics\/defense\/wars\/war-with-iran\" target=\"_blank\" rel=\"nofollow noopener\">U.S.-Iran war,<\/a> according to the United Kingdom Maritime Trade Organization (UKMTO).\u00a0<\/p>\n<p>The U.K. agency said this week that the \u201cthreat assessment remains elevated, with SEVERE risk assessed for the Strait of Hormuz and SUBSTANTIAL across the Gulf of Oman, Gulf of Aden, and Bab el Mandeb.\u201d\u00a0<\/p>\n<p>\u201cDespite a brief recovery in late June, vessel traffic through the Strait of Hormuz remains significantly reduced, AIS transit information suggests operators increasingly favouring the Northern route following projectile attacks, ongoing security concerns, and heightened enforcement activity,\u201d read a report released by the UKMTO.\u00a0<\/p>\n<p>Posted by Greg Norman-Diamond<\/p>\n<p>7 hours agoIranian general suggests its military has \u2018surprises\u2019 in store: report<\/p>\n<p>Iran\u2019s acting defense minister Brig. Gen. Majid Ebn al-Reza suggested <a href=\"https:\/\/www.foxnews.com\/category\/politics\/defense\/wars\/war-with-iran\" target=\"_blank\" rel=\"nofollow noopener\">that Iran\u2019s military<\/a> has \u201csurprises\u201d in store for its adversaries, a report said.\u00a0<\/p>\n<p>\u201cEveryone, and especially the enemies, should know that they will become aware of Iran\u2019s surprises in due time,\u201d he was quoted as saying by Iran\u2019s Tasnim News Agency.\u00a0<\/p>\n<p>\u201cWe should not talk about the surprises now, but Iranian knowledge, the Iranian youth, and the things being carried out in the defense industries will, God willing, bring good surprises,\u201d he reportedly added.\u00a0<\/p>\n<p>The claims come after President Donald Trump said earlier this week that the Iranian regime is &#8220;not paying their troops&#8221; and is &#8220;in deep trouble&#8221; following the launch of the U.S. Treasury Department&#8217;s Operation Economic Outcast against Tehran.<\/p>\n<p>Posted by Greg Norman-Diamond<\/p>\n<p>7 hours agoUS Marines refuel military aircraft in Middle East in new CENTCOM photos<\/p>\n<p>U.S. Central Command released images Saturday showing U.S. Marines refueling an MV-22 Osprey during a <a href=\"https:\/\/www.foxnews.com\/category\/politics\/defense\/wars\/war-with-iran\" target=\"_blank\" rel=\"nofollow noopener\">stop in the Middle East.<\/a><\/p>\n<p>American forces have maintained a heightened presence in the region since Operation Epic Fury was launched six months ago.<\/p>\n<p>As part of the broader U.S. pressure campaign against Tehran, CENTCOM has been enforcing a blockade on vessels entering and leaving Iranian ports.<\/p>\n<p>That blockade has resulted in 82 ships being redirected to ensure compliance, according to CENTCOM.<\/p>\n<p>Posted by Greg Norman-Diamond<\/p>\n<p>8 hours agoIDF says it struck Hamas commander in Gaza who posed \u2018immediate threat\u2019<\/p>\n<p>The <a href=\"https:\/\/www.foxnews.com\/category\/world\/world-regions\/israel\" target=\"_blank\" rel=\"nofollow noopener\">Israel Defense Forces<\/a> said Saturday that it struck a Hamas commander in Gaza who \u201cposed an immediate threat and planned to execute terror attacks against Israeli civilians and IDF troops.\u201d\u00a0<\/p>\n<p>The strike against the Iran-backed terrorist group in Gaza comes as Israel is also defending itself from threats emanating from the Iran-backed Hezbollah terrorist group in Lebanon.\u00a0<\/p>\n<p>\u201cThe terrorist who was struck was hiding within the compound of the Shuhada Al-Aqsa Hospital. This is another example of Hamas\u2019 cynical use of humanitarian infrastructure,\u201d the IDF said.\u00a0<\/p>\n<p>\u201cLately, the terrorist has promoted terror plots against IDF forces and the citizens of the State of Israel and has acted to restore the organization&#8217;s capabilities, while systematically violating the ceasefire. The strike was carried out with the aim of removing the threat,\u201d it also said.\u00a0<\/p>\n<p>Posted by Greg Norman-Diamond<\/p>\n<p>9 hours agoIran is ready to pursue dialogue with the US, diplomat says<\/p>\n<p>Iranian ambassador to Germany Majid Nili said Tehran is ready to prepared in dialogue again with the U.S., a report said.\u00a0<\/p>\n<p>&#8220;Despite the existing political atmosphere and pressures, the path of dialogue and engagement based on mutual respect is still being pursued,&#8221; Nili told Iran\u2019s IRNA News Agency, according to the Middle East Eye.\u00a0<\/p>\n<p>The comment comes after <a href=\"https:\/\/www.foxnews.com\/live-news\/iran-war-us-strait-hormuz-oman-oil-tensions-08-28-26\" target=\"_blank\" rel=\"nofollow noopener\">Iranian Foreign Minister Seyed Abbas Araghchi said Friday<\/a> that \u201cputting diplomacy back on track isn&#8217;t impossible\u201d between the U.S. and Iran.\u00a0<\/p>\n<p>\u201cIt hinges on U.S. understanding of one simple fact: pressure doesn&#8217;t work,\u201d Araghchi wrote on X. \u201cThe U.S. should build trust, speak respectfully, acknowledge our rights, and uphold commitments.\u201d\u00a0<\/p>\n<p>Posted by Greg Norman-Diamond<\/p>\n<p>10 hours agoUAE bank allegedly tied to Iranian networks is reviewing Treasury&#8217;s claims with &#8216;utmost seriousness&#8217;<\/p>\n<p>A United Arab Emirates branch of an Egyptian bank that the Treasury Department says is <a href=\"https:\/\/www.foxnews.com\/live-news\/iran-war-us-strait-hormuz-oman-oil-tensions-08-28-26\" target=\"_blank\" rel=\"nofollow noopener\">linked to the Iranian regime<\/a> said Saturday it is reviewing the accusations with \u201cutmost seriousness and attention.\u201d\u00a0<\/p>\n<p>The Treasury Department said Friday that \u201cunder Operation Economic Outcast, the U.S. Department of the Treasury\u2019s Financial Crimes Enforcement Network (FinCEN) proposed a rule that would revoke Banque Misr UAE\u2019s correspondent banking access to U.S. financial institutions.\u201d\u00a0 \u00a0<\/p>\n<p>The Treasury described the bank as a \u201ccritical node\u201d for Tehran\u2019s access to American dollars.\u00a0\u00a0<\/p>\n<p>\u201cTreasury estimates that between January 2024 and June 2026, Banque Misr UAE processed approximately $1.8 billion for 103 companies that are potentially part of Iranian shadow banking networks,\u201d it said. \u201cBecause Iran is already subject to comprehensive U.S. sanctions, in order to generate revenue abroad, it relies on multi-jurisdictional shadow banking networks that provide key access to U.S. dollar correspondent banking relationships. Iran uses these shadow banking networks to launder funds, procure weapons, and bankroll its regional terrorist proxy groups.\u201d\u00a0<\/p>\n<p>Banque Misr said in a statement Saturday that it \u201caffirms its full respect for the relevant regulatory and legal frameworks, its adherence to all applicable laws, regulations, instructions and supervisory controls, and its full and constructive cooperation with the relevant authorities.\u201d\u00a0<\/p>\n<p>\u201cWithin the framework of Banque Misr\u2019s full respect for the applicable regulatory process, the Bank clarifies that what has been announced constitutes a Notice of Proposed Rulemaking (NPRM), which is subject to a formal period for receiving and reviewing comments before any final rule is issued,\u201d it added.\u00a0<\/p>\n<p>\u201cThe Bank is treating the NPRM and the information and assessments contained therein with the utmost seriousness and attention and is reviewing it thoroughly. The Bank will communicate with the U.S. Department of the Treasury to obtain further information and maintain ongoing cooperation, in preparation for taking the necessary legal and regulatory actions and submitting its response to the relevant authorities within the specified period,\u201d it also said.\u00a0<\/p>\n<p>Posted by Greg Norman-Diamond<\/p>\n<p>10 hours agoIRGC Navy claims &#8216;completely decisive&#8217; control of Strait of Hormuz, rips US &#8216;obvious lie&#8217;: report<\/p>\n<p>The Navy of the Islamic Revolution Guards Corps (IRGC) argued Saturday that it has full control over the Strait of Hormuz, according to a report.\u00a0<\/p>\n<p>\u201cThe statements by U.S. officials regarding the Strait of Hormuz being open are an obvious lie and are solely intended to control the price of oil and cover up their failures,\u201d the IRGC Navy was quoted as saying by Iran\u2019s Tasnim News Agency.\u00a0<\/p>\n<p>\u201cThe control of the warriors of Islam over this strategic waterway is completely decisive,\u201d the IRGC Navy reportedly added.\u00a0<\/p>\n<p>U.S. Central Command, which has been enforcing a blockade of Iranian ports, <a href=\"https:\/\/www.foxnews.com\/politics\/white-house-silent-iran-oman-hormuz-plan-tehran-says-would-ban-us-warships\" target=\"_blank\" rel=\"nofollow noopener\">told Fox News Digital earlier this week<\/a> that \u201cIran does not control the Strait of Hormuz.&#8221;\u00a0<\/p>\n<p>&#8220;The strait is an international waterway that commercial vessels continue to transit with U.S. military assistance,\u201d CENTCOM spokesperson Capt. Tim Hawkins said.\u00a0<\/p>\n<p>Fox News Digital\u2019s Morgan Phillips contributed to this post.\u00a0<\/p>\n<p>Posted by Greg Norman-Diamond<\/p>\n<p>11 hours agoIranian president strikes defiant tone, says Tehran will \u2018stand strong against any aggressor\u2019<\/p>\n<p>Iranian President Masoud Pezeshkian said Saturday that his country <a href=\"https:\/\/www.foxnews.com\/category\/politics\/defense\/wars\/war-with-iran\" target=\"_blank\" rel=\"nofollow noopener\">does not welcome war,<\/a> \u201cbut we will stand strong against any aggressor, and no power can force a nation that stands with all its might and will to surrender,\u201d a report said.\u00a0<\/p>\n<p>Pezeshkian spoke as the U.S.-Iran war passed the 6-month mark this week.\u00a0<\/p>\n<p>&#8220;Despite the measures taken in the field of diplomacy and with the support of the people, the efforts of managers and statesmen, and the efforts of the commanders of the armed forces, we will not bow to any threat, as we have shown many times before,\u201d Pezeshkian added, according to the state-run IRIB News Agency.\u00a0<\/p>\n<p>Iran\u2019s Supreme Leader Mojtaba Khamenei revealed that the country is dealing with economic problems as the U.S. Treasury Department&#8217;s Operation Economic Outcast is widening, Reuters reported. The Trump administration launched its military campaign, Operation Epic Fury, against Iran on Feb. 28.<\/p>\n<p>Posted by Greg Norman-Diamond<\/p>\n<p>12 hours agoIran suffering from \u2018economic and livelihood challenges\u2019 as US economic campaign mounts<\/p>\n<p>Iran\u2019s Supreme Leader Mojtaba Khamenei said &#8220;there is the need to seriously address the chain of economic and livelihood \u200cchallenges, such \u2060as inflation, unemployment, management of prices and the market for goods and services,&#8221; according to Reuters, as the <a href=\"https:\/\/www.foxnews.com\/category\/politics\/defense\/wars\/war-with-iran\" target=\"_blank\" rel=\"nofollow noopener\">U.S. economic campaign against Tehran<\/a> is mounting.\u00a0<\/p>\n<p>The Treasury Department launched Operation Economic Outcast against Iran on Monday, and on Friday, <a href=\"https:\/\/www.foxnews.com\/live-news\/iran-war-us-strait-hormuz-oman-oil-tensions-08-28-26\" target=\"_blank\" rel=\"nofollow noopener\">revealed it is taking action<\/a> against a United Arab Emirates bank in a bid to \u201ccut off a key financial lifeline and sanctions evasion vehicle for the Iranian regime.\u201d\u00a0<\/p>\n<p>Iranian President Masoud Pezeshkian said to state media that Iranian exports have dropped nearly 35% due to ongoing sanctions against Iran and a U.S. military blockade of Iranian ports, <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/war-weighs-irans-economy-us-intensifies-sanctions-2026-08-29\/\" target=\"_blank\" rel=\"nofollow noopener\">Reuters added.\u00a0<\/a><\/p>\n<p>Posted by Greg Norman-Diamond<\/p>\n<p>12 hours agoAt least 6,000 sailors stranded by Iran war, UN maritime agency says<\/p>\n<p>At least 6,000 sailors remain stranded aboard hundreds of ships in the Persian Gulf six months into the <a href=\"https:\/\/www.foxnews.com\/category\/politics\/defense\/wars\/war-with-iran\" target=\"_blank\" rel=\"nofollow noopener\">war with Iran,<\/a> according to the United Nations&#8217; maritime agency.<\/p>\n<p>The International Maritime Organization said Friday that 19 seafarers have been killed since the conflict began Feb. 28.<\/p>\n<p>At least 70 attacks on international shipping have also been recorded in the Persian Gulf during the war, according to the agency.<\/p>\n<p>The disruption comes as shipping through the Strait of Hormuz remains well below normal levels despite U.S. efforts to secure the critical waterway.<\/p>\n<p>Before the war, roughly 20% of the world&#8217;s traded oil and natural gas passed through the Strait of Hormuz.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/live-news\/iran-war-us-strait-hormuz-oman-oil-tensions-08-28-26\" target=\"_blank\" rel=\"nofollow noopener\">Yesterday&#8217;s Fox News Digital live blog<\/a> offers additional coverage of the conflict with Iran.<\/p>\n<p>The Associated Press contributed to this report.<\/p>\n<p>Posted by Brittany Miller<\/p>\n<p>Live Coverage begins here<\/p>\n","protected":false},"excerpt":{"rendered":"1 hour ago Pinned Iran says Hormuz deal with Oman reached but won&#8217;t take effect until US honors&hellip;\n","protected":false},"author":2,"featured_media":830270,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[23,4,27304,829,2413,3,21,19,22,20,25,24,965],"class_list":["post-830269","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-states","tag-america","tag-breaking-news","tag-current-news","tag-latest-news","tag-national-news","tag-news","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa","tag-world-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/830269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=830269"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/830269\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/830270"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=830269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=830269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=830269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}