UNCATEGORIZED

The war severs a vital trade artery between Iran and the UAE, putting billions of dollars to the test in the Strait of Hormuz.

The war severs a vital trade artery between Iran and the UAE, putting billions of dollars to the test in the Strait of Hormuz.

2026-08-22

Shafaq News – Special Translation
The war and escalating tensions in the Gulf have pushed economic relations between Iran and the UAE into one of their most difficult phases, after Abu Dhabi announced the suspension of all trade and financial transactions with Tehran until further notice, in a move that could hit one of the most important arteries on which the Iranian economy has relied throughout the years of sanctions.

The UAE decision came after the UAE Ministry of Defense announced on Tuesday evening, August 18, 2026, that Read more…

New US sanctions on Iran target 21 individuals, 16 companies, and 10 ships.

New US sanctions on Iran target 21 individuals, 16 companies, and 10 ships.

2026-08-21

Shafaq News – Washington
The US Treasury Department announced on Thursday evening a new package of Iran-related sanctions targeting individuals, entities and ships, as part of Washington’s intensified pressure on Tehran and networks linked to the Iranian Revolutionary Guard and Hezbollah.

According to the announced data, the measures include 21 people, 16 companies and 10 ships, in addition to sanctions on Read more…

Russia confirms openness to new peace proposals with Ukraine, but with conditions.

Russia confirms openness to new peace proposals with Ukraine, but with conditions.

2026-08-21

Shafaq News – Moscow
Russian Deputy Foreign Minister Sergei Ryabkov announced on Friday that Moscow is ready to discuss any new proposals for resolving the conflict with Ukraine.

In an interview with the news website News.ru, Ryabkov said that the United States had shown a willingness “for constructive dialogue and understanding of Russia’s position,” and that his country was ready to listen to new proposals on how to reach a settlement Read more…

The US Treasury threatens Iran with “the greatest economic isolation in history”.

The US Treasury threatens Iran with “the greatest economic isolation in history”.

2026-08-20

Shafaq News – Washington
US Treasury Secretary Scott Bissett asserted on Thursday that Iran’s economic isolation would be “the greatest in history,” as he put it.

Bisent continued, in press statements followed by Shafaq News Agency: “It is time for allies and the rest of the world to stop dealing with the Iranian regime.” Read more…

Iran: Dollar surpasses 189,000 tomans as pressure continues on the local currency.

Iran: Dollar surpasses 189,000 tomans as pressure continues on the local currency.

2026-08-20

Shafaq News – Follow-up
The US dollar continued its rise against the local currency in the Iranian free market on Thursday, recording about 189,700 tomans per dollar.

The data showed that the dollar rose by about 400 tomans, or 0.21%, compared to the previous price, while the price of one euro reached 221,030 tomans, an increase of 0.76%, and one British pound reached 257,670 tomans, an increase of 0.57%. Read more…

The Minister of Finance emphasizes the commitment to the timelines for completing the program and performance budget.

The Minister of Finance emphasizes the commitment to the timelines for completing the program and performance budget.

8-20-2026

Finance Minister Faleh Sari stressed on Thursday the need to complete the budget project within the specified timeframes. The Ministry of Finance stated in a statement that “Finance Minister Faleh Sari visited the Budget Department, during which he followed up on the progress of work in preparing the next budget project according to the methodology of programs and performance.”

According to the statement, the minister affirmed that “the ministry is moving towards a gradual transition from an itemized budget to Read more…

The UAE announces it is cutting trade ties with Iran.

The UAE announces it is cutting trade ties with Iran.

2026-08-19

Shafaq News – Abu Dhabi
The UAE Ministry of Foreign Affairs announced on Tuesday the suspension of all trade activities, exchanges and financial transactions with Iran until further notice.

The Director of Strategic Communications at the Ministry of Foreign Affairs, Afra Al Hamli, said in a statement received by Shafaq News Agency that “the United Arab Emirates denies all allegations regarding the status of its economic relationship with the Islamic Republic of Iran, and reaffirms its firm commitment Read more…

Is the United States hiding the bodies of alien beings?

Is the United States hiding the bodies of alien beings?

2026-08-19

Shafaq News – Washington
An American astrophysicist who has worked for decades with government programs related to the UFO file has revealed that he has seen what he described as secret evidence and records indicating that the United States is keeping the bodies of extraterrestrial beings allegedly found inside the wreckage of unidentified objects that crashed to Earth.

Dr. Eric Davis said during an interview with News Nation that he had seen government records and photographs that, he claimed, documented incidents in which bodies were recovered from the wreckage of unidentified flying Read more…

Parties to the Mecca Agreement meet in Istanbul… and Egypt joins the table

Parties to the Mecca Agreement meet in Istanbul… and Egypt joins the table

2026-08-19

Shafaq News – Islamabad
The Pakistani Foreign Ministry announced on Wednesday that the foreign ministers of Saudi Arabia, Egypt, Turkey and Pakistan will hold a quadrilateral meeting in Istanbul later this month to discuss political developments and regional security issues.

The ministry said in a statement that the meeting comes “within the framework of continued consultations and close cooperation between the four countries regarding developments in the political situation and regional security,” indicating that the agreement on the date and place of the meeting Read more…

Pakistani officials warn of renewed US-Iran war within 48 hours

Pakistani officials warn of renewed US-Iran war within 48 hours

2026-08-18

Shafaq News – Middle East
Pakistani officials said on Tuesday that the next 48 hours could be crucial in determining the fate of the ceasefire between the United States and Iran, warning that continued disagreement between the two sides and a failure to return to substantive negotiations could increase the risk of renewed strikes.

Pakistani sources told the Saudi website Asharq that the window for diplomacy remains open, but the gap between Washington and Tehran has widened, while regional mediation efforts are facing increasing difficulties Read more…

Syrian court sentences Wassim al-Assad to death

Syrian court sentences Wassim al-Assad to death

2026-08-18

Shafaq News – Damascus
On Tuesday, the Fourth Criminal Court in Damascus issued a death sentence by hanging against Wassim al-Assad (a cousin of former Syrian regime leader Bashar al-Assad), after convicting him of murder, torture, and crimes that the court described as crimes against humanity and war crimes.

The court stated, in a session followed by Shafaq News Agency, that investigations proved Wassim al-Assad’s involvement in forming irregular armed groups, on the orders of Brigadier General Ghiath Dalla, which targeted civilian areas in Eastern Ghouta and committed massacres against civilians, Read more…

Is Iran targeting internet cables?

Is Iran targeting internet cables?

2026-08-17

Shafaq News – Baghdad
The Wall Street Journal revealed on Monday that Iran is considering options to respond to recent developments, including targeting internet cables and instigating external unrest.

The newspaper reported that Tehran considers the proposed memorandum of understanding to be an American and Israeli attempt to buy time, given the ongoing tensions.

The 60-day deadline stipulated in the memorandum of understanding between the United States and Iran expired Read more…

Trump reveals “secret” contact with the Revolutionary Guard: Iranians are good gamblers

Trump reveals “secret” contact with the Revolutionary Guard: Iranians are good gamblers

2026-08-17

Shafaq News – Washington
US President Donald Trump confirmed on Monday that he does not have a specific timetable regarding Iran, noting that there is a secret channel of communication with officials in the Iranian Revolutionary Guard.

Trump told Fox News, “I’m not in a hurry with Iran, but they should raise the white flag and surrender,” describing the Iranian side as “a good gambler, but one that is breathing its last.” Read more…

Axios reveals a secret channel between Trump and the Revolutionary Guard, led by Nechirvan Barzani from Erbil.

Axios reveals a secret channel between Trump and the Revolutionary Guard, led by Nechirvan Barzani from Erbil.

2026-08-16

Shafaq News – Washington
A report by the American website ” Axios ” revealed on Sunday a secret communication channel established by the administration of President Donald Trump with the leadership of the Iranian Revolutionary Guard, in which the President of the Kurdistan Region, Nechirvan Barzani, played the role of direct mediator, in an attempt to ascertain the position of the most influential military establishment in Iran regarding the negotiations aimed at ending the war.

According to the report translated by Shafaq News Agency, the US administration faced a fundamental problem Read more…

Iran offers a $30,000 reward for the capture or killing of a US soldier.

Iran offers a $30,000 reward for the capture or killing of a US soldier.

2026-08-16

Shafaq News – Tehran
The commander-in-chief of the Iranian army, Major General Amir Hatami, announced on Sunday that a financial reward of $30,000 has been allocated to anyone who manages to capture or kill an American soldier.

Hatami said during the celebration of Journalist Day, according to the Iranian news agency Fars, that any Iranian soldier who, with the participation of the people, manages to capture or kill an “aggressor American soldier” will receive a reward of $30,000. Read more…

Trump: I will soon declare the Strait of Hormuz to be US territory (Update)

Trump: I will soon declare the Strait of Hormuz to be US territory (Update)

2026-08-15

Shafaq News – Washington
On Friday evening, US President Donald Trump revealed his intention to soon declare the Strait of Hormuz “US territory,” while simultaneously threatening Iran with “strong economic blows.”

Trump added to Fox News: “I don’t care whether the economic hit comes before the midterm elections or not.”

He continued, “The naval blockade against Iran is ongoing and is a wall of steel; no ships will pass through unless we Read more…

Gold prices are falling as investors move to take profits.

Gold prices are falling as investors move to take profits.

8-14-2026

Information/Follow-up…
Gold prices fell on Friday as investors took profits after the precious metal hit its highest level in more than two months in the previous session.

The decline came after recent inflation data supported market expectations that the US Federal Reserve might not raise interest rates in September, which helped push gold to higher levels during the previous session.

Spot gold fell Read more…

The Toman under pressure: When the currency crisis becomes a mirror of the Iranian economy

The Toman under pressure: When the currency crisis becomes a mirror of the Iranian economy

8-13-2026

Researcher Shatha Khalil
The Iranian Toman crisis is no longer merely a fluctuation in the exchange market; it has become a reflection of the immense pressures facing the Iranian economy. The decline in the value of the local currency is now linked to a complex interplay of factors, most notably sanctions, military tensions, disruptions to shipping, and a drop in oil exports, coupled with high inflation. The problem is that the toman’s weakness is not confined to the currency market; it is rapidly impacting prices, production, and the purchasing power of ordinary citizens. Read more…

90 days… Pakistani predictions of an extension to the truce between Iran and America

90 days… Pakistani predictions of an extension to the truce between Iran and America

2026-08-12

Shafaq News – Islamabad
Pakistani security sources reported on Wednesday that the ceasefire agreed upon in mid-June, as part of a framework agreement between the United States and Iran, will be extended, according to the German news agency DPA.

Sources familiar with the matter told the agency that the extension could last for an additional 60 or even 90 days, but noted that it has not yet been decided whether the ceasefire extension will be officially announced. Read more…

Trump: We have complete control of Hormuz

Trump: We have complete control of Hormuz

2026-08-12

Shafaq News – Washington
On Wednesday, US President Donald Trump reaffirmed his country’s complete control over the Strait of Hormuz, while also indicating that Iran is unable to do anything about it.

Trump stated in a post on the Truth Social platform, which was monitored by Shafaq News Agency, that “everyone calls our naval blockade the ‘Wall of Steel,’ and I believe we will maintain this control.” Read more…