News

The UK's Office for Maritime Trade Operations reported that an oil tanker was attacked by three unidentified flying objects while sailing out of the Strait of Hormuz; no casualties or environmental impact have been reported so far.

Market news: The U.S. State Department has approved a potential $800 million sale of helicopters to Iraq.

The UK Treasury: The National Crime Agency has issued a national alert regarding Russia's A7 sanctions circumvention network, and Chancellor of the Exchequer Healy has increased the maximum fine for violating sanctions to 100%.

According to the Wall Street Journal, U.S. Army Secretary Dan Driscoll has submitted his resignation to President Trump due to long-standing disagreements with Defense Secretary Hergese over the direction of Army reform and the reshuffling of senior officers, and is expected to leave office within days.

According to Japan's Kyodo News: Japanese and U.S. finance ministers held talks amid continued yen weakness.

According to the Iranian news agency IRNA, Kremlin spokesman Dmitry Peskov commented on Russia's involvement in resolving the Iranian dispute, stating that determining the best mediation approach under the current circumstances is extremely difficult.

US President Trump: The US Supreme Court has ruled in favor of building the White House banquet hall, with the project scheduled for completion in the summer of 2028. The project is funded by Patriots and other businesses, and will not increase the burden on taxpayers.

Sepahnews, a media outlet affiliated with the Iranian Revolutionary Guard, reported that Iranian Deputy Foreign Minister Gharibabadi responded to the US attack on Larak Island last night, stating that foreign powers must be forced out of the region and taught a profound lesson so that they would not repeat acts of aggression.

When asked whether he would rule out using nuclear weapons against Iran, US President Trump responded that it was a "stupid question." Trump stated that Iran had been "completely defeated militarily" and countered, "Since I've already defeated them, why would I use nuclear weapons against them?"

US President Trump: We don't need their products. So, if we cut off trade with that country, we'll net $40 billion. Find a few more countries like that, and we'll become a super money-making machine.

Iranian Foreign Ministry spokesman Bagaei criticized Europe for lacking "strategic autonomy," saying that Europe cannot truly become an independent actor if it merely follows US policies.

According to legal documents, Apple (AAPL.O) stated that new evidence was found in a MacBook computer provided to Apple by OpenAI on August 21, as part of legal proceedings. Apple has applied to a U.S. federal court for expedited discovery of evidence in its trade secret case against OpenAI.

According to relevant legal documents, Apple (AAPL.O) accused OpenAI of using Apple's proprietary information to train artificial intelligence agents in a trade secret lawsuit.

According to relevant legal documents, Apple (AAPL.O) alleges in a trade secret case against OpenAI that the defendant accessed the power converter circuit schematics while working at OpenAI.

The UK Maritime Trade Operations Office: An incident involving an oil tanker and a military vessel has occurred in the Indian Ocean. Authorities are aware of the incident, and the investigation is ongoing.

The Dow Jones Industrial Average closed down 373.85 points, or 0.70%, at 53,186.14 on Monday, August 31; the S&P 500 closed down 25.42 points, or 0.33%, at 7,686.34 on Monday, August 31; and the Nasdaq Composite closed down 31.53 points, or 0.12%, at 26,370.89 on Monday, August 31.

US President Trump: I have ruled out the use of nuclear weapons against Iran.

US President Trump: We have a lot of munitions around the world.

US President Trump: I want to replenish the strategic petroleum reserve.

US President Trump: It is too early to talk about US Defense Secretary Hergsays in the 2028 election.