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09:49
Tehran Rejects 'Unprecedented' Sanctions Proposed By US
Tehran has dismissed Washington's latest plan for crushing economic sanctions that US President Donald Trump described as "unprecedented" and "economic D-day" for the regime, which is already struggling to arrest the price hike and devaluation of the currency.
In apost to Xlate on August 21, Iranian Foreign Minister Abbas Araqchi claimed that the fresh US sanctions campaign will fail like the previous ones.
Quoting previous US statements and descriptions of economic sanctions against Iran, such as "the most crippling sanctions in history," "maximum pressure," and "the most crushing economic operation ever," Araqchi said the latest sanctions regime would meet the same fate.
Trump announced this week Washington's intentions to levy an "unprecedented" level of economic sanctions against the regime to force it to end its nuclear program and fully re-open the Strait of Hormuz.
With nearly 20 percent of the global oil supply passing through vital waterway, the closure of the strait has adversely affected the world supply and shot up the oil prices in the international market to record high levels.
Iran's Foreign Ministry, meanwhile, said the proposed sanctions were tantamount to "economic warfare."
Foreign Ministry spokesman Esmail Baqaeiwrote on social mediaon August 22 that the secondary sanctions against foreign banks, businesses, and airports have no basis in international law and violate the principle of sovereignty among UN member states.
"It is an assertion of extraterritorial sovereignty over every independent member state of the United Nations," he wrote.
On August 20, US Treasury Secretary Scott Bessent had told US news network CNBC that Washington's plan to intensify economic sanctions on Iran was going to "collapse" the Islamic republic.
"It is a one-two punch. We have the blockade [on Iranian ports], and we are going to have the toughest sanctions in history," he said.
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09:29
Trump Calls Strait Of Hormuz 'American Territory'
US President Donald Trump arrives to speak during a campaign rally for US Senator Darline Graham in Myrtle Beach, South Carolina, on August 21.
US President Donald Trump said on August 21 that he views the Strait of Hormuz as "American territory," as US forces continued a naval blockade of Iran.
"We don't even know if we won, because I view the Strait of Hormuz as an American territory right now," Trump said at a campaign rally in South Carolina. He added: "It's an American territory."
US Central Command said that American forces had redirected 68 commercial vessels as of August 21 to comply with the blockade.
The Strait of Hormuz is one of the world's most important energy waterways, with roughly one-fifth of the world's seaborne oil supply normally passing through it. The waterway is bordered by Iran and Oman. Iran's Deputy Foreign Minister Kazem Gharibabadi dismissed Trump's claims about the strait as "delusions."
Trump also reiterated that Iran must not obtain a nuclear weapon. He said that "as soon as we're finished with the Islamic Republic of Iran, as soon as we're finished, oil is gonna be down at lower than it was even just a little while ago."
Later in his speech in South Carolina, which he delivered in support of the candidacy of Darline Graham, sister of the late Senator Lindsey Graham, Trump joked about carrying out more strikes on Iran. He told the audience: "Look, it's a Friday night. We have plenty of time, right? What the hell do I have to do? Go back, bomb Iran a little bit more?"
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00:05
We are now closing the live blog for the day. We'll be back at 9:30 a.m. Central European time to cover the latest events across the Middle East.
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23:47
21.8.2026
Trump Says Iran Not Ready To Make 'Right Deal'
US President Donald Trump said on August 21 that he did not think Iran was ready to make the right deal to end the conflict, adding that Washington was watching what happens next.
Trump also said that the United States had total control of the area around the key Strait of Hormuz, which has been effectively closed since the conflict began.
Disrupted traffic through the strait has been one of the central issues in the conflict and one of the main obstacles to a negotiated settlement, with Tehran and Washington remaining far apart in their positions on control of the waterway.
They would love to make a deal, but theyre not ready to make the right deal, in my opinion, Trump told reporters when asked whether US military options against Iran were limited.
His comments came as Oman said that the Iranian and Omani foreign ministers had discussed resuming negotiations on navigation through the Strait of Hormuz. The two countries have recently been in talks to establish a new route that would ensure safe passage through the waterway.
With reporting by Reuters.Share
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18:26
21.8.2026
Somali Pirates Seize Iran-Linked Tanker
An oil tanker under US sanctions for allegedly transporting Iranian petroleum products has been seized off Yemen and diverted toward Somalia, the latest sign of a resurgence in Somali piracy.
Six armed individuals boarded the Eritrea-flagged Sibu 1 on August 20, according to the shipping-security monitor United Kingdom Maritime Trade Operations (UKMTO).
Washington sanctioned the tanker in December, saying it belonged to a so-called shadow fleet used to circumvent restrictions on Iranian petroleum exports.
The Sibu 1 is at least the 13th vessel attacked this year off Somalia or in the Gulf of Aden, according to International Maritime Bureau data and UKMTO reports, up from five attacks in all of 2025.
Somali piracy, which caused hundreds of attacks between 2008 and 2014 before being largely suppressed by an international naval response, has revived as security resources are stretched elsewhere.
Experts say higher oil prices and the diversion of naval assets toward to counter from Iran and Yemen's Houthi rebels may have created fresh opportunities for pirates.
With reporting by ReutersShare
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16:08
21.8.2026
Report: US Blockade Squeezes Iranian Oil Supplies To China
Offers of Iranian crude to Chinese buyers have fallen and prices have risen sharply as a US blockade restricts Tehrans oil exports, according to traders and ship-tracking data, Reutersreports.
Trade sources said less Iranian oil was being offered for delivery in September and October as supplies already aboard tankers were sold off. Iranian crude, which is normally sold at a discount because of US sanctions, was in some cases being offered at a premium to international benchmark prices.
The amount of Iranian crude being stored aboard tankers outside the US blockade zone has fallen to about 80 million barrels from 105 million barrels before the blockade was reinstated on July 13, according to Kpler, a maritime data and ship-tracking firm.
The squeeze is hitting Chinas independent refiners, known as teapots, which are major buyers of sanctioned Iranian oil. Some have begun seeking alternatives, including Brazilian and Iraqi crude.
Given the thin Iranian availability amid the U.S. blockade, Chinese teapots are now looking beyond Russia and Iran, Energy Aspects analyst Sun Jianan told Reuters.
Chinas Iranian crude imports fell to 534,000 barrels per day (bpd) so far in August, according to Kpler, compared with an average of 1.4 million bpd last year.
The supply squeeze comes as Washington prepares further economic pressure on Tehran. US Treasury Secretary Scott Bessent on August 20 threatened Iran with the toughest sanctions in history, with details expected on August 24.
China buys more than 80 percent of Irans shipped oil, according to Kpler. Beijing has criticized unilateral sanctions and says sanctions will not resolve the conflict.
Based on reporting by ReutersShare
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13:27
21.8.2026
Qalibaf Says 'We Cannot Survive' If People Go Hungry
Iranian Parliament Speaker Mohammad Baqer Qalibaf (center) visits the Imam Ali Shrine in the holy city of Najaf in Iraq on August 21.
In an implicit warning about Iran's economic conditions, the country's parliament speaker, Mohammad Baqer Qalibaf, has said no matter how much military power we have, if the people are hungry and we do not have financial activity, economic growth, and domestic production, we cannot survive.
Speaking in Iraq on August 21 to a groupdescribed by Iranian mediaas Iranian and Iraqi businesspeople, Qalibaf called the US government's new measures to impose severe economic sanctions on Iran unjust and said: We must plan to overcome them so that we can prevail.
Qalibaf, a hard-line former Revolutionary Guards commander who headed Irans negotiating team in talks with the United States, called for Iran and Iraq to use their national currencies in bilateral trade, saying: We can strike a blow against the American currency.
His visit to Iraq comes as Washington intensifies economic pressure on Tehran and negotiations aimed at ending the conflict remain stalled.
US Treasury Secretary Scott Bessent told the US network CNBC on August 20 that Washington's plan to intensify economic sanctions on Iran was going to collapse the Islamic republic.
"It is a one-two punch. We have the blockade [on Iranian ports], and we are going to have the toughest sanctions in history," he said.
Details of the sanctions are expected to be announced on August 24.
This blog entry has been updated to cover Qalibaf's comments on economic conditions in Iran.Share
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12:27
21.8.2026
Just 7 Commodity Ships Transit Hormuz, According To Shipping Tracker
Shipping through the Strait of Hormuz remained at low levels on August 20, with just seven commodity vessels transiting the key energy route, according to data from the ship-tracking firm Kpler.
The total, comprising four vessels entering the strait and three leaving, was half the previous day's tally. No very large crude carriers or liquefied natural gas (LNG) tankers made the crossing, although one very large gas carrier transporting propane and butane exited via the Iranian-designated route on the northern side of the strait.
Shipping through Hormuz has remained far below prewar levels amid repeated attacks on commercial vessels and Iran's efforts to control traffic through the waterway.
Tehran says the strait remains closed to normal shipping but has allowed some vessels to use routes it has designated, while Washington rejects Iran's claim of control and says it remains open.
Traffic also slowed through the Bab el-Mandeb Strait between Yemen and the Horn of Africa, with 23 commodity vessels crossing the narrow body of water, down from 34 on each of the previous two days. Two Suezmax crude tankers -- large vessels typically capable of carrying about 1 million barrels of crude -- were among those exiting, bound for Vietnam and India.
Kpler's figures do not include vessels operating with their transponders switched off.
With reporting by ReutersShare
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20:52
20.8.2026
Iran-Backed Houthis Claim Drone Hits On Saudi Airport, Oil Facility
Iranian-backed Houthi rebels based in Yemen claimed they launched successful drone attacks on airport and an oil facility in the Najran region of Saudi Arabia, near the Yemeni border, on August 20.
The group "successfully carried out two military operations using drones: the first targeted a sensitive Saudi enemy site at Najran Airport, while the second targeted the Aramco facility in Najran," Houthi military spokesman Yahya Saree said on Telegram.
There was no confirmation from Saudi authorities or Aramco, the state-owned oil giant.
The statement came not long after Iran's Islamic Revolutionary Guards Corps (IRGC) asserted that Saudi Arabia would be "unable to contain" the Houthis, a US-designated terrorist organization.
Yemen descended into civil war in 2014 when the Houthis seized the capital, Sanaa, ousting the internationally recognized, Saudi-backed government. A 2022 truce had mostly held until recently.
In July, a spate of attacks began after the Houthis welcomed an Iranian plane in Sanaa. They later announced a maritime blockade of Saudi Arabia and launched attacks targeting Saudi ships, airports, and oil facilities.
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16:44
20.8.2026
USS George Washington Arrives In Arabian Sea Near Strait Of Hormuz
The US military's Central Command (CENTCOM) says that the aircraft carrier USS George Washington has arrived in the Arabian Sea.
The Arabian Sea connects in the north to the Gulf of Oman and then to the Strait of Hormuz.
CENTCOM posted a photograph on X on August 20 of the carriers crew on deck in the Arabian Sea and said the George Washington Carrier Strike Group had entered the commands area of responsibility the previous day and would operate in the region as part of its scheduled deployment.
The Wall Street Journal, CNN, and NBC News reported that the USS George Washington was being sent to the Middle East to relieve the USS Abraham Lincoln. CNN cited a US official as saying the rotationhad been planned in advance.
The move comes amidreportsof food and supply shortages, plumbing problems, declining morale, and mental-health concerns aboard the Lincoln after months at sea.
Defense Secretary Pete Hegseth said reports of difficult conditions aboard the ship had beencompletely misrepresentedand that the military was doing everything possible to support the crew.
The Abraham Lincoln left San Diego in November 2025 and has spent more than eight months deployed, including more than 200 consecutive days without a substantial port call. US carrier deployments typically last about six to nine months, although they can be extended during wartime.
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