CNBC Markets · Aug 25, 2026 15:31 UTC Oil drops 3% as U.S. shifts to economic pressure on Iran, easing fears of renewed war Read full story on CNBC Markets Share AI disclosure Summary Investors shrugged off the latest developments in the U.S.-Iran war. Original reporting Open original source Related coverage China needs U.S. dollars but is building a hedge against Washington’s sanctions CNBC Markets | Aug 25, 2026 16:00 UTC Trump says Strait of Hormuz has been demined, warns Iran not to plant more al-monitor.com | Aug 25, 2026 15:46 UTC US to impose secondary sanctions on Iran trade partners cbsnews.com | Aug 25, 2026 15:18 UTC Sanctions or missiles? Why Gulf may not relish Trump’s new Iran approach Al Jazeera | Aug 25, 2026 16:39 UTC US offers Iran sanctions relief for Hormuz access jpost.com | Aug 25, 2026 16:37 UTC Canada targets steel, fish and hundreds of other goods as Trump trade war escalates apnews.com | Aug 25, 2026 16:23 UTC Seafarer deaths Hormuz Strait Iran conflict tass.com | Aug 25, 2026 16:15 UTC China warns US over Iran oil sanctions timesofindia.indiatimes.com | Aug 25, 2026 16:13 UTC Read full article on CNBC Markets Get the AFBytes Brief Major stories, AI-assisted analysis, and what to watch next. Free, monthly, unsubscribe anytime. Subscribe
China needs U.S. dollars but is building a hedge against Washington’s sanctions CNBC Markets | Aug 25, 2026 16:00 UTC
Trump says Strait of Hormuz has been demined, warns Iran not to plant more al-monitor.com | Aug 25, 2026 15:46 UTC
Sanctions or missiles? Why Gulf may not relish Trump’s new Iran approach Al Jazeera | Aug 25, 2026 16:39 UTC
Canada targets steel, fish and hundreds of other goods as Trump trade war escalates apnews.com | Aug 25, 2026 16:23 UTC