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Operation Economic Outcast Targets Iran, Singapore Named in Transhipment Report and UK Backs Ukraine 

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Headline news for August 25, 2026: The US launches Operation Economic Outcast sweeping new Iran sanctions targeting sixty entities across shipping, oil, gold, aviation and digital assets, with a cure period before the toughest measures on major trading partners take effect. Singapore is named in a US report on transhipment fraud as an AI border detection tool is deployed. 

Synopsis: A round up of global headlines to start your day by The Business Times. 

Written by: Claressa Monteiro (claremb@sph.com.sg)

Produced and edited by: Claressa Monteiro or Nicole Teo

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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