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The US military said it disabled the Panama-flagged M/V Ocean Molica after the vessel allegedly ignored warnings and attempted to pass a blockade involving Iran. Iran’s IRGC separately said it struck another vessel in the Strait of Hormuz.
AllegedCENTCOM said its forces disabled four commercial vessels during three months of blockade enforcement.
The newsletter reports that Hurricane Isaias is approaching the northern Gulf Coast, Ukraine has launched an offensive against Russian forces, and the U.S. has announced positions on Iran and an immigration operation in New York City.
The National Hurricane Center warned of potential winds above 100 miles per hour.
Donald Trump said the United States will not attack Iran before the November 3 midterm elections and described discussions with Iran as productive. The comments came amid reports of Pentagon attack plans, a US military buildup and continuing tensions around the Strait of Hormuz.
Americans who disapprove of Donald Trump’s handling of the Iran war
Two drones struck the US embassy compound in Saudi Arabia on 3 March.
A Congressional Budget Office report estimated that at least 81 US military aircraft had been lost or damaged in the war against Iran, with aircraft losses costing between $1.9bn and $3.3bn as of August 1.
The Congressional Budget Office reported that at least 81 United States military aircraft were lost or damaged during Operation Epic Fury.
Oil prices rose sharply as tensions involving Iran threatened Middle Eastern supply and Hurricane Isaias disrupted Gulf of Mexico production. Brent crude rose 3.8% to $104 a barrel.
Brent crude rose by 3.8%.
US stocks closed lower as oil prices first rose over concerns about attacks and supply disruptions in the Strait of Hormuz, then fell after IEA members indicated they could release additional reserves. Treasury yields reached their highest levels in more than two decades.
Oil reserves agreed for immediate release by G7 countries and the IEA
People working at Marine Corps Base Camp Pendleton