No oil was loaded for export in Iran in August, and only humanitarian ships sailed into the Persian Gulf.

Ukraine has so far failed to agree additional shipments of interceptor missiles for the US-made Patriot system.

Around £5 billion out of the promised £15 billion rise in defence spending remains unfunded, as inflation was projected to remain above 3% until the 3rd quarter of 2027 due to the Iran War.

The new tariffs cover over 99% of US imports, charging 12.5% on goods from countries that were deemed not to ban forced labour, and 10% on the rest.

This came after the US introduced export controls against Chinese 4-legged robots and banned 43 more Chinese companies from selling to the US.

The EU’s soft limit for a budget deficit is 3%.

The sector has also faced pressure from the loss of cheap Russian gas, competition from Chinese firms, US tariffs and the war in Iran.

India is looking to keep its economic growth at around 7% per year while importing 90% of its oil through the war-affected Red Sea, mostly from Russia.

The low currency value has increased inflation in Japan through the higher cost of imports, pressuring the central bank to raise interest rates despite growing debt.

The Turkish government continued its crackdown on the CHP with arrests and legal pressure, as it lost its status as the largest opposition party.

It became the 2nd largest Ebola outbreak in history, behind the 28,610 cases during the 2014–16 West African epidemic.

Some investors grew concerned over a potential wider sell-off in AI-related stocks.

Romania’s only nuclear power plant shut down due to low water in the Danube river; Spain and France were fighting record-level wildfires.

Israeli strikes on Gaza intensified in August and killed at least 19 Palestinians, as the withdrawal has stalled.

The combined 37.5% tariff on over $35 billion of exports to the US has put pressure on the Brazilian economy and forced a delay in some planned reforms.

The country’s GDP is expected to fall by over 6% this year, as the US continued its diplomatic pressure.

Previously this technology was believed to be unique to the Netherlands-based firm ASML.

Investors’ AI-related concerns grew as insurance against NVIDIA and Google failing on their debts became more expensive.

A record heatwave across Western Europe in late June killed more than 1,300 people.

The margin between the costs of crude oil and oil products grew.