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

Iran Strikes US Bases in Jordan and the UAE, Hormuz Traffic Collapses and Fed Signals Rate Hikes
04:36

US and Iran Trade Strikes Over Hormuz, ComfortDelGro Lands Copenhagen Deal and Iceland Stays Out of the EU
04:39

Nepal Flood Toll Hits 392, Nvidia Doubles Revenue and Warsh Speaks at Jackson Hole Today
03:59