Is MBS Out of Money as Saudi Seeks Loan to Cover Costs due to Iran War? | Vantage on Firstpost

September 1, 2026 | The Gulf spent years building an economic fortress on the back of oil wealth, diversification and a promise of stability. But the Iran war is putting that model under unprecedented pressure.

Saudi Arabia is reportedly exploring billions of dollars in fresh borrowing, Qatar is facing a severe LNG shock, while Bahrain and Kuwait are seeing mounting financial stress. Even the UAE, the region’s most diversified economy, has taken a hit.

Growth forecasts for the GCC have been sharply downgraded. The message is clear: the Gulf may have enormous financial reserves, but when war disrupts energy, trade and transport, even the region’s deepest pockets can feel the strain.

The Iran War Is the Biggest Strategic Blunder in US History (w/ John Mearsheimer) | TCHR

Aug 30, 2026 | John Mearsheimer breaks down the current state of the Iran War, and how the conflict increasingly appears to look like the most dire strategic mistake in US history.

Six Months In, Iran’s Regime Stands, U.S. Goals Remain Unmet

Screenshot taken from this NYT article. | A man holding an Iranian flag in an apartment destroyed by U.S.-Israeli airstrikes in Tehran earlier this year. Credit: Arash Khamooshi/Polaris for The New York Times
THE NEW YORK TIMES: Trump’s replacement of a military war with a heightened economic one is not expected to alter Iran’s strategy, while further impoverishing its people.

It was supposed to be quick.

Still, six months after the U.S. and Israel launched massive airstrikes on Iran, the conflict drags on. The Trump administration has replaced its military war with an economic one, but the result is likely to be no different, analysts said, with a lack of American clarity about goals, a decline in American credibility and a strategic defeat.

One thing remains constant, however. The ordinary people of Iran are bearing the brunt of the war, victims of both the United States and their own leaders.

On the first day of the war, Feb. 28, President Trump promised Iranians that “the hour of your freedom is at hand.” Six months later, his administration is trying to impoverish them further, hoping against hope that they will revolt against a repressive, militarized regime and overthrow it.

The Iranian leadership, increasingly dominated by military men, sees its own survival as the nation’s, and it considers the sacrifices of ordinary Iranians as a necessary act of patriotism and even martyrdom. It has been ever more ruthless in stamping out the slightest signs of dissent. » | Steven Erlanger | Steven Erlanger, based in Berlin, has covered Iran and the diplomacy around it for many years. | Friday, August 28, 2026

Iran and Oman Announce Hormuz Deal - What Does This Mean for Trump’s ‘Economic Onslaught’

August 27, 2026 | Pakistan is the latest country to hit back after the White House threatened countries who trade with Iran.

China has already said it won’t be taking orders from America.

So is this another failed bid by Donald Trump to bend Iran and its backers to his will? Or could this actually work?

Several senior Iranian leaders have recently acknowledged the economic pain that the country and its people are feeling.

On this episode of The Fourcast, Krishnan Guru-Murthy speaks to Mohammed Marandi, a professor at Tehran University and a former adviser to Iran’s nuclear negotiating team to get a view from inside Iran.

Trump’s Iran Gamble: Will It Backfire? | The Global Story

Aug 27, 2026 | There have been a lot of sanctions programmes against Iran. But this week US Treasury Secretary Scott Bessent announced Operation Economic Outcast, which promises to go further than ever before. It will punish not just Iran but any country helping Iran - including China. It is the Trump administration’s latest attempt to end the war. Will it work? We speak to Vali Nasr, professor of international affairs and Middle East studies at Johns Hopkins University, and ask whether in trying to end one war, President Trump risks starting a global trade conflict.

China Responds to US Sanctions: "Illegal" Threat over Iran Trade Branded ‘Operation Economic Outcast’

Aug 25, 2026 | China has officially slammed US threats of secondary sanctions over its trade with Iran, calling the measures illegal and vowing to take "all necessary measures" to defend its national interests. As Beijing continues to purchase an estimated 80% of Iran’s oil exports, this standoff puts the Trump administration's "Operation Economic Outcast" to the ultimate test. While US Treasury Secretary Scott Bessent announced sanctions on 60 individuals, entities, and vessels tied to Iranian trade, Chinese financial institutions were noticeably absent from the list. When asked why the White House stopped short of targeting Beijing directly, Bessent responded: "Why would I want to blow up the global financial system?"

ANTHONY DAVIS can be supported on Patreon here.

It doesn’t matter what scheme or ‘operation’ these ineffective people dream up, they are destined to lose this war with Iran. Iranians are an extremely intelligent and very well-educated people. They are also wily. If I am not greatly mistaken, victory is Iran’s for the taking. — © Mark Alexander

U.S. Treasury Secretary's Total Fail on Iran

August 23, 2026

Scott Bessent thinks that America can grow its way out of its $40 trillion national debt! Who the hell is he trying to kid? A country would need one hell of a lot of economic growth to be able to grow its way out of a debt as big as that! That man is living in Cloud-cuckoo-land! He is also talking tosh! — © Mark Alexander

Iran Warns Gulf States Against Joining Trump’s Economic War, or Else

THE NEW YORK TIMES: Iran’s new hard-line national security adviser, Mohsen Rezaei, vowed to prevent “a single drop of oil” from leaving the region.

Screenshot taken from this NYT article. | Mohsen Rezaei, Iran’s new security chief, last month in Tehran. Though hostilities have largely ceased, the United States and Iran are locked in an economic standoff. Credit: Mohammed Salem/Reuters
President Trump has warned that “Economic D-Day” is coming for Iran. This weekend, Tehran promised to fight back, threatening any nation that helps the United States.

Iran’s new security chief, Mohsen Rezaei, on Saturday vowed to strike the interests of oil-rich neighbors if they joined U.S. efforts to further isolate Iran, whose economy is already in free fall. He warned that Tehran would seek to prevent “even a single drop of oil” from leaving the region.

“Any country that becomes a partner in creating economic restrictions against us will be regarded by us as an enemy,” he said in an interview with Iran’s state broadcaster.

Mr. Razaei is a political hard-liner and former head of the Revolutionary Guards. The interview offered his first extensive comments since taking up his new post two weeks ago — and struck an aggressive tone in line with Iran’s increasingly uncompromising regional strategy. At one point, he asked whether Iran should pursue building a nuclear bomb, which Tehran has previously insisted it has no intention of doing. » | Erika Solomon | Sunday, August 23, 2026

Broken DUBAI: 10 Areas Turning Into Ghost Zones as Tourism Collapses in 2026

July 25, 2026 | What is really happening across Dubai in 2026?

After years of record-breaking tourism, some of Dubai's most famous destinations began experiencing quieter streets, changing visitor patterns, and growing economic uncertainty. But is Dubai really in decline, or is the reality more complex?

In this documentary, we explore 10 areas across Dubai that have sparked discussion about the city's future, including Jumeirah Beach Residence (JBR), Palm Jumeirah, Downtown Dubai, Dubai Marina, Business Bay, Jumeirah Lakes Towers (JLT), Jumeirah Village Circle (JVC), DIFC, Global Village, and The World Islands.

Professor Marandi: Iran Will Outweigh the United States

Aug 21, 2026 | On Thursday's episode of The Grand Standoff: Iran and the World, Professor Mohammad Marandi warned that Western economic warfare against Iranian civilians will yield direct consequences for regional regimes aligning with the United States.

Marandi emphasizes that if Western sanctions seek to choke off Iranian commerce, Tehran will apply reciprocal pressure to US assets and host nations across the region. Marandi further questioned the long-term viability of regimes that have sacrificed their stability to enable American policy, asserting that Iran possesses the endurance and strategic depth to outlast Washington’s siege tactics.

How the US Is Using Iran’s Economy to Fight the War in the Middle East | BBC News

Aug 21, 2026 | US Vice President JD Vance says the Iran War is in a ‘new phase’ of economic pressure.

It comes as US Treasury Secretary Scott Bessent has said: “You are either with us or against us," as he urged US allies to support Washington's efforts to "squash" the Iranian economy.

But the Iranian Foreign Ministry has called the measures ‘economic terrorism’. The BBC has also heard from people inside Iran on what life is like for them.

UAE Accuses Iran of Ballistic Missile Attacks | The Palki Sharma Show | IGR | India Global Review

August 19, 2026 | The UAE has accused Iran of firing two ballistic missiles at its maritime assets. Iran has denied the allegation from Abu Dhabi. What does this fresh escalation mean for the Gulf's economic revival hopes? Is the Gulf boom over? Palki Sharma tells you.

Trump Threatens to Declare Strait of Hormuz ‘Territory of the United States’

THE GUARDIAN: Seriousness of remark made in New York on Friday, and whether it signaled new policy position, not clear

Screenshot taken from this Guardian article. | Donald Trump at the David S Mack Center for Training and Intelligence in Garden City, New York, on Friday. Photograph: Samuel Corum/Getty Images
Donald Trump has threatened to declare the strait of Hormuz as “a territory of the United States” as his administration struggles to conclude the war with Iran.

During a speech at a police academy on Long Island, New York, on Friday, the US president said he would “pretty soon” designate the waterway – a crucial chokepoint for global trade, through which about a fifth of the world’s seaborne oil supplies typically pass – a US territory.

The comment came as peace talks with Iran remain at an impasse following failed negotiations, with Tehran refusing to reopen the strait, which has been all but closed since the US and Israel launched their war on Iran in February.

Almost six months into the war, there is little indication that negotiations will soon yield peace, as Iranian officials continue to defy Trump’s demands. The US has been blockading Iranian shipping and ⁠ports in recent months in an effort to pile economic pressure on Tehran.

“After we finish defeating Iran, which is being very badly defeated, pretty soon I’ll be declaring the Hormuz strait a territory of the United States,” Trump said on Friday. “Essentially, that’s what it is. We have the blockade. No ships get through unless we want them to.”

The seriousness of Trump’s remark, and whether it signaled a new policy position for his administration, was not immediately clear. » | Maya Yang | Friday, August 14, 2026

Trump wants it all: Venezuela, Panama, Cuba, Canada, Greenland, the Strait of Hormuz, the world’s rare earth minerals, and all the billions he can filch, pilfer, and steal! This dude works on one simple principle: what mine is mine, and what’s yours is mine also! Trump is a natural born schemer! — © Mark Alexander

Iran Issues Tough Demands to Reopen Strait of Hormuz as Deal Still Out of Reach

THE GUARDIAN: Tehran urges US to ‘correct its behaviour’ as UAE says one of its ships targeted by Iranian missile

Screenshot taken from this Guardian article. | Tehran, Iran. An Iranian statement said the US must never threaten the country again. Photograph: Anadolu/Getty Images
Iran has issued tough new demands for reopening the strait of Hormuz, while the United Arab Emirates said one of its ships was targeted by an Iranian missile, as a deal to open the strategic waterway remained out of reach on Saturday.

Iran’s politburo-like body known as the supreme national security council said the strait of Hormuz will not open until the United States “corrects its behaviour”, and its state broadcaster published a statement from the council’s secretary, Mohammad Bagher Zolghadr, who is also a commander in the Islamic Revolutionary Guard Corps (IRGC).

The US must never threaten Iran again, the statement said, and must permanently end the war with Iran and its armed allies in the region. The US must lift the naval blockade of Iranian ports and withdraw its military from the area. It also must “completely compensate” Iran for war damage, lift sanctions and “unconditionally” release frozen assets. » | Guardian staff and agencies | Saturday, August 8, 2026

This is clearly a humiliation for Trump. So much for MAGA and so much for Trump’s Art of the Deal. In common parlance, Iran is clipping Trump’s wings! And it is putting America in the place where Iran thinks it belongs.

The moral of the story is simple: Be very careful when picking a fight! — © Mark Alexander

ALSO READ THIS NYT ARTICLE:

Iran Issues List of Demands, Complicating Efforts to Reopen Strait: The head of Iran’s Supreme National Security Council said that the Strait of Hormuz would remain closed until the United States met certain conditions. »

À LIRE AUSSI :

Téhéran pose ses conditions à toute réouverture du détroit d'Ormuz : L’Iran exige notamment de Washington qu’il « mette fin définitivement à la guerre et à l’agression » contre lui et ses alliés, et lève le blocus imposé à ses ports. »

LESEN SIE AUCH:

„Der Feind ist gezwungen“: Iran stellt neue Bedingungen für Straße von Hormus: Der Iran hält die Straße von Hormus blockiert. Teheran nennt sieben Bedingungen für die USA. Wie realistisch ist eine baldige Öffnung der Meerenge? »

Why the Iran War Won’t End Soon (w/ Alastair Crooke)

August 9, 2026 | Trump's reckless war on Iran is threatening global economic collapse — as the region breaks out into a matrix of conflagrations, Trump seemingly has no way out.

The US War on Iran Is Spinning Out of Control

THE GUARDIAN — OPINION: Trump’s conflict keeps escalating, with Saudi Arabia joining airstrikes in Iraq and reportedly planning an attack on the Houthis. A recession could follow

The US war against Iran is spiraling out of control. Over the past week, the conflict has expanded across the Middle East, with attacks and counterattacks in at least five other countries. Instead of a quick war that sought to topple Iran’s regime, Donald Trump has started a regional conflict that risks severely disrupting energy supplies and prices – and triggering a global recession.

After a few days of relative calm, the conflict resumed with the Pentagon carrying out almost nightly strikes against Iran, and Tehran retaliating against US military bases in the region. The conflict also extended to attacks in Saudi Arabia, Iraq, Yemen, Jordan and Egypt. And there’s little sign that peace negotiations between the US and Iran, which are being brokered by Pakistan and Qatar, are making much progress.

The most serious escalation took place on Wednesday, when Saudi Arabia announced it had joined the US in carrying out a series of airstrikes inside Iraq, against the Iranian-backed Popular Mobilization Forces (PMF), killing at least 20 fighters. Saudi officials had blamed the Iraqi-based militias for launching drone attacks against Saudi oil facilities on 27 July, and warned that the kingdom would retaliate if the Iraqi government did not restrain the groups. The PMF is a network of mostly Shia Muslim militias that was created, with Tehran’s support, in 2014 to fight the Islamic State terror group that had taken control of large parts of Iraq. » | Mohamad Bazzi | Saturday, August 1, 2026

This Iran War Escalation Could Crash the Global Oil Market

Jul 25, 2026 | The US war against Iran is expanding into a larger regional conflict. After Trump sabotaged a diplomatic agreement, Tehran closed the Strait of Hormuz. Now Yemen's Ansar Allah (known commonly as the Houthis) has declared a naval blockade of Saudi Arabia, shutting down oil exports in the Red Sea. Ben Norton explains how this escalation could cause a severe crisis in the global oil market.

Iran-Backed Houthis Expand Conflict With Red Sea Blockade

THE NEW YORK TIMES: The move against Saudi ships will add new pressure on energy markets. Tehran said it had received new proposals from mediators.

The Houthis, the Iran-backed armed faction in Yemen, said they would impose a blockade on Saudi ships, threatening to open a new front in the Middle East conflict and raising the pressure on volatile global energy markets.

The announcement was made as many in the region were tensely watching to see if the rounds of bombardment between U.S. and Iranian forces in the Persian Gulf would continue to escalate. The two countries traded new attacks on Monday, with Iran targeting countries that host U.S. military bases, despite efforts by mediators to calm tensions.

The latest hostilities initially focused on the Strait of Hormuz, but they have expanded into a cycle of attacks and counterattacks that have killed at least three American service members since Friday, hit Arab states across the Persian Gulf and damaged critical infrastructure in Iran and U.S.-allied Kuwait.

Iran’s chokehold on the Strait of Hormuz has reduced global fuel supplies, pushing prices upward, but Saudi Arabia, a U.S. ally, has been able to reroute some of its exports through the Red Sea. If the Houthis follow through on their statement that they will not allow Saudi vessels to pass through the Bab al-Mandab Strait, the southern portal to the Red Sea, it would worsen the global fuel crisis. Iran War Live Updates » | Aaron Boxerman, Ismaeel Naar, Sanam Mahoozi and Yan Zhuang | Monday, July 20, 2026

The master of the 'Art of the Deal' has got himself into a real fix with this illegitimate and unnecessary Iran War, hasn't he? He's in a fix, and so is the global economy. — © Mark Alexander

Iran War Oil Shock: How World Economy on Brink of Something ‘Even Worse’

July 14, 2026 | President Donald Trump has U-turned on his threat to charge cargo ships transiting the Strait of Hormuz as much as 20% - but the US and Iran have continued trading strikes as Trump has told the US Congress that war has resumed.

So, can the US gain the upper hand? Will more US bombs and bullets really help? And has this whole episode proven that the memorandum of understanding, which was meant to end the conflict, was destined to fail.

In this episode of The Fourcast Indicators, presenter Krishnan Guru-Murthy and Defence and Intelligence Analyst, Mark Urban are joined by former US Navy Rear Admiral Mark Montgomery, who is now a senior fellow at The Foundation for Defence of Democracies.

US Iran Talks Face Persistent Impasse

July 11, 2026 | Bloomberg Economics analysts Becca Wasser and Dina Esfandiary say the US and Iran remain far apart on key issues, with intermittent strikes and negotiations likely to define the conflict for the foreseeable future. They say technical talks on Iran's nuclear program are a constructive step, but disputes over the Strait of Hormuz, sanctions and implementation of the memorandum of understanding continue to hinder progress.