Axios, citing three people, reports mid‑May US envoys seeking an agreement to end hostilities could not verify whether Iranian negotiators represented the Islamic Revolutionary Guard Corps (IRGC). The Trump administration therefore bypassed Iran’s ne

2026-08-16

Axios, citing three people, reports mid‑May US envoys seeking an agreement to end hostilities could not verify whether Iranian negotiators represented the Islamic Revolutionary Guard Corps (IRGC). The Trump administration therefore bypassed Iran’s negotiators and opened a secret channel to IRGC leaders through Iraqi Kurdistan president Nechirvan Barzani, who reportedly has the trust of both Washington and IRGC leadership. A memorandum of understanding was reportedly reached but quickly collapsed, underscoring US difficulty in identifying who holds decision authority inside Iran.

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2026-08-16

Head of Iran's Energy Optimization Organization said Iran, as part of three gasoline-supply management plans under review, is considering a proposal to allocate 30 liters of gasoline per person per month, with the quota transferable and tradable.

2026-08-16

Investors were already concerned about roughly $70 billion of off‑balance‑sheet "shadow liabilities" that could surface ahead of NVIDIA's announcement this week of a high‑profile $500 billion financing partnership. NVIDIA may provide tens of billions