Wednesday, 26 August 2026

day one hundred seventy-four (13. 743)

The Revolutionary Guard report that Tehran and Muscat have reached a deal on traffic control and revenue sharing for the Strait of Hormuz. A Kuwaiti oil tanker attempting to cross the waterway is fired upon and shipwrecked in the gulf. Crude prices, paradoxically, continue to edge lower despite the total stoppage of flow. US CIA director John Ratcliffe’s unannounced visit to Russia is reportedly to persuade Moscow to join in Operation Economic Outcast and the embargo against Iran (which the US has kept up for the last fifty year with only marginal measures to add)—but undisclosed objectives could be more sinister, like backstabbing Kyiv or requesting a disinformation campaign ahead of the elections or directed at Canadian separatists. Qatari prime minister Sheikh Mohammed bin Abdulrahman heads to Iran for peace talks as Netanyahu tells Trump diplomacy will not work with the Islamic Republic—Israel, with the backing of America, defaults to bellicosity towards its neighbours, never in position to have to play nice or negotiate. The United Nations agency for Palestinian refugees UNRWA, in defiance of seizure of facilities by Tel Aviv, says it is not giving up operations.