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According to Iranian media Fars News, the head of the Iranian paramilitary group Basij stated that the Strait of Hormuz is "under Iranian control and management."

2026-08-13

According to Iranian media Fars News, the head of the Iranian paramilitary group Basij stated that the Strait of Hormuz is "under Iranian control and management."

Other News
2026-08-13

UK Q2 GDP rose 0.4% q/q, matching forecasts and down from 0.6% in Q1; on the year growth was 1.2% y/y versus a 1.1% forecast. June GDP rose 0.3% m/m, beating a flat consensus. Sector detail shows services resilient (June services +0.4% m/m) and busin

UK Q2 GDP rose 0.4% q/q, matching forecasts and down from 0.6% in Q1; on the year growth was 1.2% y/y versus a 1.1% forecast. June GDP rose 0.3% m/m, beating a flat consensus. Sector detail shows services resilient (June services +0.4% m/m) and business investment stronger than expected (Q2 business investment +1.7% vs -0.5% forecast), while manufacturing and industrial output dragged (June manufacturing -0.5% m/m; industrial -0.2% m/m). The pattern points to services-led resilience and firmer corporate investment rather than broad-based acceleration.
2026-08-12

OPEC monthly report left its 2027 global economic growth forecast at 3.2%.

OPEC monthly report left its 2027 global economic growth forecast at 3.2%.
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