Iranian foreign minister Araghchi wrote that Iranian intelligence shows some individuals inside the US government are heavily manipulating energy markets, using credulous media to move prices for personal gain and to keep the US president further embroiled in what he described as a doomed war. He said figures aligned with Israel are issuing optimistic assessments to promote the conflict and warned that US consumers will bear the ultimate cost.

Central Bank of the UAE said branches of Egyptian banks operating in the UAE must comply with UAE laws and regulations.

China memory-chip maker CXMT filed suit against the Pentagon in U.S. District Court for the District of Columbia on Aug. 28 seeking removal from a U.S. blacklist, Bloomberg reported. CXMT said its chips are for civilian and commercial use, not military applications, and called the listing erroneous; it named U.S. Secretary of Defense Pete Hegseth as a defendant. The company said it is not a defense contractor and that being blacklisted since January 2025 has harmed its reputation and commercial interests, adding the suit is to protect its business. Reuters quoted the Pentagon as saying it does not comment on pending litigation under policy.