Live updates: US-Iran war news; strikes between Saudi Arabia and Houthi rebels in Red Sea

• The U.S. Treasury Secretary is set to announce a new series of economic sanctions and pressure measures targeting Iran. • In response, Iran has warned of "seismic" retaliation should the United States proceed with these economic threats.

• Nvidia stock experienced a 2.73% decline, falling to $209.2 today. • The pullback is primarily attributed to price hikes for AI servers and ongoing discussions regarding new AI investments.

• Tesla stock fell 1.21% to $358.1 following President Trump's announcement of a 50% tariff on all Canadian imports. • The tariffs target a wide range of goods, including vehicles, automotive components, and steel, creating significant cost risks for U.S. automakers.

• The Juvenile Justice Board (JJC) has ordered a detailed report following a report by The Hindu regarding the sexual assault of minor girls. • Two individuals were arrested for the assaults, as detailed in an article published on August 10, 2026.

• On August 24, 2026, the opposition BJP and JD(S) parties accused Karnataka's State Information and Publicity Department of providing biased coverage of Legislative Assembly proceedings. • Protesting members raised slogans against the department and stormed the well of the House to voice their grievances.

• AST SpaceMobile's stock rose 5.52% to $68.65 following the release of its Q2 revenue reports and a significant expansion of its satellite network. • The company successfully launched six new satellites within a two-month period, bringing its total satellite count to 13.

• Conservative forces have successfully seized control of the Thai state, ending a prolonged political stalemate. • The victory follows a period of aggressive suppression, including the dissolution of the Move Forward party and a 10-year political ban imposed on leader Pita by the Constitutional Court.

• Sugar prices consolidated at USX17.66 today, reflecting a slight increase of 0.28%. • The price movement follows India's decision to allow duty-free sugar imports to mitigate tight domestic supply conditions.

• Treasury Secretary Scott Bessent announced that the Trump administration is preparing new secondary sanctions targeting Iran. • The proposed measures are designed to block all potential sources of revenue for the Iranian government.

• Border tensions are escalating across Europe following a migration incursion in Ceuta, sparking fears that Spain's crisis will repeat across the continent. • Italy and Denmark have criticized Spain's lax migration policies and amnesty programs, claiming these factors encouraged the illegal border crossing.

• President Donald Trump has threatened to impose a 50% tariff on Canadian vehicles, trucks, steel, and auto parts starting January 1, 2027. • This escalation in the trade war targets key industrial exports from Canada, potentially disrupting North American supply chains and automotive trade.

• The Iranian currency has plummeted to a record low against the US dollar as President Donald Trump claims the nation is "completely collapsing." • The US administration is preparing to unveil an "economic D-Day," a plan designed to tighten financial restrictions and increase pressure on Tehran.