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At G20 Summit, Scott Bessent Says U.S. Has Support for Economic War Against Iran

The Treasury secretary is also facing pushback on the Trump administration’s trade policies at the global gathering.

Β© Allison Joyce/Agence France-Presse β€” Getty Images

Treasury Secretary Scott Bessent spoke at an event on Tuesday for the Group of 20 nations gathering in Asheville, N.C.

U.S. and Iran Exchange Strikes Overnight After Monthlong Calm

31 August 2026 at 13:16
The renewed attacks were the latest sign that the war that began six months ago appears far from over.

Β© Reuters

The Strait of Hormuz, the waterway in the Persian Gulf that has been at the heart of the conflict between the United States and Iran, on Monday.

Long Lines for Gas in Iran Show War and U.S. Blockade Squeezing Supply

The government is struggling to meet a shortfall in fuel and is wary that higher prices at the pump could stir unrest.

Β© Vahid Salemi/Associated Press

A gas station in Tehran on Tuesday. Officials are urging people to clamp down on fuel use as they deal with a shortfall.

Turkey and Israel Vie for Middle East Influence as Tensions Spike

29 August 2026 at 12:03
Israel’s strike on a Syrian base to pre-empt the feared deployment of Turkish forces was part of a growing competition in the Middle East and beyond.

Β© Ugur Yildirim/Dia Photo, via Associated Press

President Recep Tayyip Erdogan in Ankara, Turkey, this year. Analysts and officials fear the growing rivalry between Turkey and Israel could exacerbate volatility in the Middle East.

How Key Oil Stockpiles Dwindled During the War in Iran

Our energy reporter Rebecca F. Elliott explains how oil reserves helped prevent an oil shock caused by the war in Iran from getting even worse β€” and how low those reserves are now.
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