EUR/USD
1.15678
0.343%
Gold
4376.09
0.578%
Oil
81.485
1.319%
USD/JPY
159.356
-0.090%
GBP/USD
1.35343
0.362%
GBP/JPY
215.682
0.268%
Real-time News
On August 15th, Iranian Foreign Minister Araqchi stated in a media interview on August 14th that while mediators Qatar and Pakistan are exchanging information and maintaining contact with Iran, this does not signify ongoing negotiations. Iran has not yet decided whether to resume negotiations with the United States. Araqchi also stated that negotiations between Iran and Oman are ongoing and relate to determining the navigation routes through the Strait of Hormuz for ship passage; this is a completely different issue from the opening of the Strait of Hormuz. Araqchi emphasized that Iran will only restore passage through the Strait of Hormuz if the United States complies with certain conditions.August 15th - According to the New York Times, supply problems for the USS Abraham Lincoln aircraft carrier began shortly after the first day of the war – when Iranian missiles and attack drones struck a US Navy base in Bahrain. This attack was Iranian retaliation for the US-Israel joint attack on Tehran, and much of the bases infrastructure was destroyed. Along with the smoke, a major logistics hub upon which the Navy relied was also destroyed. The Navy urgently needed backup plans to continue supplying sailors operating around the clock to maintain air support and, later, to maintain the blockade of Iranian ports. The loss of the Bahrain logistics hub led to numerous problem reports on the carrier supporting the war effort against Iran, and Democratic senators expressed concern about the 5,000 sailors on the Lincoln and its nearly nine-month deployment.August 15th - According to Politico, President Trumps demands on the Navy reached their peak this month, threatening to further weaken an already heavily financially and logistically burdened branch of the military. Trumps deployment of the USS Abraham Lincoln aircraft carrier has set a record, with the ship having been at sea for nine consecutive months, and sailors families warning that the crew is nearing its limit. A government report indicates that Trumps proposed "golden fleet" of new battleships will cost billions of dollars more than expected. Meanwhile, experts have criticized the presidents order to reinstate outdated technology, a move that could completely disrupt ship production. These problems are now compounding, significantly increasing the pressure on the U.S. Navy. The Navy itself is chronically plagued by delays, cost overruns, and a shrinking fleet, all of which could jeopardize its ability to defend the nation. One U.S. official said, "Our warships are exhausted in the Middle East and the Caribbean, with no end in sight. The Navy is really on the line right now."Iranian Foreign Minister: Iran has not yet decided to resume negotiations with the United States.On August 15, South Korean President Lee Jae-myung proposed a "blueprint for inclusive and stable peaceful coexistence with North Korea," indicating that he would begin the process of transforming the unstable armistice regime on the Korean Peninsula into a peace regime.
