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  A vendor pumps petrol from Iranian fuel oil tankers for resale near the Bashmagh border crossing on March 11, 2026. (photo credit: Ozan KOSE / AFP via Getty Images) Iranian workers are going on strike as inflation rises to 128% and the fuel crisis worsens living conditions across the country. Iranian civilians are struggling to pay for fuel and other essentials as the Rial plunged to 2.3 million per one US dollar and the economic impact of war takes hold, according to a Thursday Wall Street Journal report. The economic fallout from the war and the US's naval blockade on Iranian ports along the Strait of Hormuz is driving up the price of goods for Iranians, many of whom earn roughly $250 a month, according to a study by Euronews . On Monday, the Iranian regime doubled the price of gasoline for users surpassing 110 liters per month. The increases targeted passenger vehicles exceeding their allocated quotas following Tehran’s slashing of monthly subsidies. The shrinking gas sup...

  United States President Donald Trump has made no secret of his hostility towards BRICS. Last year, he threatened an additional 10 percent tariff on any country aligning itself with what he called the bloc’s “anti-American policies”. Since then, his administration has continued to wield tariffs aggressively against trading partners, including BRICS members such as Brazil, India and China. The message appears straightforward: Countries that challenge US economic power should expect to pay a price. But coercion has consequences. And as BRICS leaders meet in New Delhi today, Trump may be strengthening the very incentives that made the bloc attractive in the first place. The more Washington demonstrates its willingness to use access to its markets, its financial system and the dollar as instruments of political leverage, the more reason other countries have to reduce their exposure to them. This does not mean BRICS is becoming an anti-US alliance. Far from it. The bloc’s 11 members –...

Israel Defense Forces The Israeli military said it blew up more than a mile of tunnels Israel's military says it has destroyed a large underground complex operated by Hezbollah in southern Lebanon. It said it used more than 1,000 tonnes of explosives to destroy two tunnels spanning more than 2km (1.2 miles) beneath the Ali Taher Ridge. The blast triggered seismic activity equivalent to a magnitude 4.1 earthquake, according to the US Geological Survey. There was no immediate public response from Hezbollah or the Lebanese government. Israeli forces took control of the ridge last week after months of fighting with the Iran-backed group there. The Israeli military occupies a large swathe of southern Lebanon captured after the conflict with Hezbollah resumed in March. Images released by the Israel Defense Forces (IDF) showed a fireball lighting up the sky. "The sky lit up and about 15 seconds later we heard the terrifying sound," Ahamed, a resident in Nabatieh, about 6km west ...

  On the 20th day of August, 2026, Agentina witness the biggest shock other lives as their sea suddenly disappeared in less than 24 hours. Click the video below to see how it all happened. The sea in Argentina did not permanently disappear or dry up; rather, viral videos captured a rare and extreme low-tide event combined with strong offshore winds that temporarily pulled water away from the coast . Three factors have been blamed for the sudden disappearance of the sea. Captured in the discussion are the factors shown below. Extreme Low Tide: The event occurred along the coast of Mar del Plata and parts of the Buenos Aires Province, where normal tidal cycles combined with shallow coastal shelves to dramatically lower water levels. Offshore Winds: Strong winds blowing from the land toward the Atlantic Ocean pushed surface water further away from the shoreline. Exposed Seabed: The temporary drop revealed normally submerged features, such as the permanent rocky formation known as ...

  Hezbollah members salute and raise the group's yellow flags during a funeral. (photo credit: AFP VIA GETTY IMAGES) The US government announced new sanctions on Thursday against firms and individuals that it says are aiding Hezbollah and other Iranian proxies in the Middle East as it intensified its campaign to isolate Iran economically. The latest sanctions are part of the US Treasury Department's " Operation Economic Outcast, " announced August 24, which aims to cut off Tehran's funding for the war, missile construction, cyberattacks and the Islamic Revolutionary Guard Corps, or IRGC. Thursday's actions by the US Treasury's Office of Foreign Assets Control hit entities and individuals in Iraq, the United Arab Emirates, Lebanon and Turkey that Washington said supported the Iraqi-based Kataib Hezbollah and Lebanon-based Hezbollah, the US Treasury said in a statement.

  Vessels near the Strait of Hormuz, as seen from Musandam (photo credit: REUTERS/STRINGER) Gulf foreign ministers plan to meet their Iranian counterpart in a push by Oman and Iran to secure buy-in for a temporary deal to manage shipping through the Strait of Hormuz, the Financial Times reported on Friday. The gathering is scheduled to be held on Monday in the Omani coastal city of Salalah, the report said, citing two people briefed on the matter. Reuters could not immediately verify the report.