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Real-time News
August 31 – According to Iranian state television today (August 31), the Iranian Islamic Revolutionary Guard Corps stated that a supertanker "caught fire and stopped sailing after being struck by two mines in the Strait of Hormuz." The Revolutionary Guard claimed that the tanker was attempting to "illegally pass through the southern part of the Strait of Hormuz." The Revolutionary Guard emphasized that ships must abide by its regulations regarding passage through the Strait of Hormuz.1. From August 24th to August 30th, 2026, Mysteels global iron ore shipments totaled 35.716 million tons, an increase of 2.727 million tons compared to the previous period. Shipments from Australia and Brazil totaled 28.683 million tons, an increase of 1.989 million tons compared to the previous period. 2. According to CCTV News, data released by ship tracking agency Kepler on August 31st showed that due to concerns about attacks, the number of visible merchant ships passing through the Strait of Hormuz dropped to five per day over the past weekend. 3. Xinhua News Agency reported that the public relations department of the Iranian Islamic Revolutionary Guard Corps said on social media on the 31st that a US MQ-9 Reaper drone was hit by an Iranian missile over the Strait of Hormuz and "crashed into the blue waters of the Persian Gulf." 4. Goldman Sachs more than doubled its forecast for diesel production profits. Goldman Sachs predicts that next year, the average profit per barrel of diesel refined in the US relative to Brent crude will reach $63, and in the EU, $49, higher than previous forecasts of $27 and $19 respectively. 5. Barclays: Expects the Federal Reserve to raise interest rates by 25 basis points each in September and December, up from previous forecasts of no change. 6. According to Indias NDTV: Indian Prime Minister Modi will meet with Iranian President Pezechzian today on the sidelines of the SCO summit in Bishkek, Kyrgyzstan. This is their first meeting since the start of the Iraq War. 7. The Thai government plans to strengthen regulation of the gold trading industry, including online and physical gold trading, to curb money laundering, fraud, and other financial crimes. 8. According to CCTV News, Chinas manufacturing purchasing managers index (PMI) was 49.8% in August, up 0.6 percentage points from the previous month. Huo Lihui, chief statistician of the Service Industry Survey Center of the National Bureau of Statistics, explained that among the 21 industries surveyed, 16 saw an increase in their PMI compared to the previous month, indicating a significant improvement in the manufacturing sectors performance. 9. GEM Co., Ltd.s semi-annual report shows that in the first half of 2026, the companys overseas nickel projects produced 27,790 tons of nickel (including equity participation capacity), which was 40% of the planned amount, a year-on-year decrease of 37%; its self-produced cobalt metal was 2,601 tons, only 40% of the planned amount, a year-on-year decrease of 29%. 10. China National Cotton Reserves Corporation is scheduled to list 8,001.6630 tons of central reserve cotton, totaling 43 bales, for sale through the National Cotton Exchange Market on August 31.Iranian Foreign Ministry: We would like to remind the UN Secretary-General, the President of the Security Council, and all countries that have expressed concern about the ongoing unrest in the Sea of Hormuz and the Persian Gulf that the only factor contributing to the insecurity of shipping in the region is the illegal and aggressive behavior of the US and Israeli regimes.The Iranian Foreign Ministry stated that the US attack on Larak Island was a clear violation of the UN Charter, and called upon and reminded the UN Security Council and its Secretary-General to fulfill their responsibilities in maintaining international peace and security and to hold the aggressor accountable.On August 31, the Iranian Foreign Ministry stated that its armed forces launched an attack on a US military base in Jordan in response to the US attack on Larak Island. The Iranian Foreign Ministry emphasized that its armed forces will not hesitate to exercise their inherent right to self-defense and will respond appropriately and resolutely to any military aggression by the enemy. Clearly, the new US act of aggression and its ongoing consequences of the naval blockade and economic war against Iran bear full responsibility for the US regime and all parties involved in planning and carrying out these illegal US actions in any way.
