Big Breaking Now

14/08/2026

🚨 BREAKING: U.S. Loses 45 MQ-9 Reapers Worth $1.3 Billion Amid Iran War

• The U.S. military has lost at least 45 MQ-9 Reaper drones in fighting with Iran, around 25% of its fleet, according to The Washington Post, citing U.S. officials.

• Depending on sensors and weapons, each MQ-9 Reaper costs approximately $30–50 million, putting the value of reported losses at more than $1.3 billion.

• U.S. Treasury Secretary Scott Bessent said Washington will continue sanctions on Iran, maintain a sustained blockade of the Strait of Hormuz and prevent goods from entering or leaving Iranian ports.

• Bessent said the U.S. is applying maximum pressure on Iran’s global bank accounts, claiming the measures have caused Iran’s banking sector to collapse.

• Iran’s IRGC Navy said the Strait of Hormuz remains closed and under Iran’s “full, firm control,” with all movements monitored by its naval forces.

• U.S. Vice President JD Vance said oil prices will return to stability once the Strait of Hormuz conflict ends and that Washington has many tools available in dealing with Iran.

• CENTCOM has formed Falcon Strike, a new multi-domain, multinational unmanned-systems strike task force designed to integrate air, surface and subsurface one-way attack drones operated by U.S. and regional partner forces.

13/08/2026

U.S.-Iran Talks Stall Over Strait Of Hormuz; Brent Falls To $85.50

• U.S.-Iran negotiations have stalled after terms of the June interim peace accord collapsed over control of the Strait of Hormuz...

Live breaking news, stock market moves, economic updates and major events in real time on live news blog. Fast, verified and continuously updated.

13/08/2026

🚨 BREAKING: Iran Says All Ships Need Tehran’s Permission To Transit Strait Of Hormuz

• Iran’s joint military command said any vessel seeking to transit the Strait of Hormuz must obtain permission from Tehran, warning that no ship is safe in the waterway without approval.

• Iran said it fully controls the Strait of Hormuz and is monitoring U.S. military movements in the region, directly rejecting President Trump’s claims that the U.S. controls the strategic waterway.

• Iranian state TV, citing the joint military command, called Trump’s assertion of control over the Strait “a lie.”

• Iran’s armed forces said they are closely monitoring U.S. activity in the region as tensions remain elevated.

• Iran has also entered the final stage of cleaning up an oil spill in the Strait of Hormuz, according to Fars News.

13/08/2026

India’s exports rose 13.31% to $80.14B in July 2026; Apr-Jul exports hit $316.42B, up 13.16%, while imports rose 17.28%.

Read 👇🏻

India exports July 2026 rose 13.31% to US$80.14 billion, while April-July exports reached US$316.42 billion, up 13.16%. Total imports grew 17.28%.

13/08/2026

🚨 BREAKING: Iran Says U.S. Misjudged Strait Of Hormuz As IRGC Claims “Victory”

• Iranian Foreign Minister Araghchi said the U.S. has repeatedly misjudged situations due to intelligence failures, citing the war against Iran as an example. He said Washington has now made an even larger miscalculation over the Strait of Hormuz.

• IRGC senior adviser Mohammad Reza Naqdi told PBS that Washington’s two main war objectives — toppling Iran’s leadership and fracturing the country — have failed, claiming “victory is on Iran’s side.”

• Naqdi said the U.S. appears “confused”, repeatedly announcing new objectives and turning the campaign into a “war without strategy.”

• He said Iran has gained significant combat experience during more than five months of fighting and found U.S. forces weaker than expected.

• Naqdi said Iran must establish deterrence, arguing that prolonging the conflict could exhaust the U.S. and force future attackers to reconsider the potential costs.

13/08/2026

USS Abraham Lincoln Faces Mental-Health Crisis As Deployment Extended

• Multiple sailors aboard the USS Abraham Lincoln have reportedly attempted to jump overboard amid what Military Times descr...

Live breaking news, stock market moves, economic updates and major events in real time on live news blog. Fast, verified and continuously updated.

13/08/2026

🚨 BREAKING: Iran Says Strait Of Hormuz Remains Closed; Pakistan Seeks Ceasefire Extension

• Iran’s Persian Gulf Strait Authority said U.S. claims that the Strait of Hormuz has reopened do not change the facts, insisting the waterway remains blocked.

• The authority said the Strait will not reopen unless the U.S. accepts Iran’s proposed conditions, directly contradicting President Trump’s claim that the U.S. has control over the waterway.

• Iran’s Foreign Ministry spokesman Baghaei said oil pollution was recently detected along the coast of Qeshm Island, with a preliminary investigation indicating a possible foreign bulk carrier as the source.

• Baghaei urged all parties benefiting from Strait of Hormuz shipping to assume responsibility and help remediate environmental damage affecting coastal areas and parts of the sea surface.

• Pakistan is actively mediating to extend the 60-day U.S.-Iran ceasefire, according to Al Arabiya sources, with mediators seeking additional time to resolve remaining differences between Tehran and Washington.

12/08/2026

🚨 BREAKING: U.S.-Iran 14-Point MoU Under Strain As 60-Day Ceasefire Deadline Looms

• The U.S. and Iran signed a 14-point memorandum of understanding on June 17, establishing a ceasefire and a 60-day window to negotiate a permanent end to hostilities.

• The MoU called for an end to hostile acts and sought to reopen the Strait of Hormuz to commercial shipping, but fighting has resumed and both sides accuse each other of violating the agreement.

• Article 5, covering the Strait of Hormuz, guarantees commercial freedom of passage but remains disputed. Tehran says it implies U.S. recognition of Iranian authority over the waterway and that Iran agreed to only two months of fee-free transit. Washington says Iran must ensure safe passage and refrain from coercive restrictions or taxation.

• Article 10 provides for U.S. waivers allowing Iran to export crude, petroleum products and related services, alongside access to international banking, insurance and shipping support.

• Article 11 commits the U.S. to making frozen funds and restricted assets fully available, with implementation mechanisms to be negotiated.

• With no direct diplomatic talks and limited near-term prospects for a final settlement, the status of the MoU after the 60-day deadline remains uncertain.

12/08/2026

U.S. July CPI Rises 3.4%; Core Inflation Eases To 2.5%

• U.S. July CPI rose 3.4% YoY, matching the 3.4% consensus, but slowing from 3.5% in June.
• Core CPI rose 2.5% YoY, matching expectation...

Live breaking news, stock market moves, economic updates and major events in real time on live news blog. Fast, verified and continuously updated.

12/08/2026

India’s July CPI inflation rose to 4.45%, while food inflation climbed to 5.52%, with rural inflation at 4.84%.

Read 👇🏻

July 2026 CPI Inflation rises to 4.45%, while food inflation reaches 5.52%; rural inflation is 4.84% and urban inflation is 3.96%, as per official data.