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POLITICS & POLICY

Iran calls for global pushback against U.S. sanctions, says diplomacy ‘isn’t impossible’

PUBLISHED THU, AUG 27 202610:29 PM EDTUPDATED 6 HOURS AGO

KEY POINTS

• Iran urged countries to reject U.S. sanctions as Tehran sets conditions for the Strait of Hormuz reopening.

• Iranian Foreign Minister Abbas Araghchi said renewed talks with Washington remain possible if U.S. pressure eases.

• Oil prices dipped on Friday as market participants closely monitored crude flows through Hormuz.

Iran’s Foreign Ministry on Friday called on “all countries” not to implement U.S. sanctions against Tehran, warning that doing so would represent “complicity” in imposing the “illegal will” of the United States.

The comments were laid out in a two-page letter published via Telegram, as the country set its conditions for reopening the strategically vital Strait of Hormuz and touted the prospect of a return to diplomatic negotiations.

The White House announced an “economic D-Day” campaign against Tehran earlier in the week, threatening countries that do business with the Islamic Republic and shifting its focus from military action to economic pressure after six months of war.

U.S. President Donald Trump made clear on Thursday that Washington is not talking with Iran, telling reporters in the Oval Office:“We ‌don’t want to speak to them. We’re not looking to meet or anything.”

Iran’s foreign minister, Abbas Araghchi, however, said via X on Friday that “putting diplomacy back on track isn’t impossible.”

Araghchi said thatfollowing “creative discussions” with Qatari officials on Thursday to reopen a safe transit route through the strait, the potential for renewed negotiations with Washington “hinges on U.S. understanding of one simple fact: pressure doesn’t work.”

He added, “The U.S. should build trust, speak respectfully, acknowledge our rights, and uphold commitments.”

Oil prices traded slightly lower on Friday as energy market participants continued to closely monitor crude flows through the Strait of Hormuz.

International benchmark Brent crude

futures with October delivery dipped 0.1% to $89.63 per barrel, while U.S. West Texas Intermediate

futures with October delivery fell 0.5% to $83.11.

Tehran: Lebanon, Gaza and Syrian conflicts must cease

In an interview Thursday, Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, told Lebanese media outlet Al Manar TV that any understanding on the Strait of Hormuz with the U.S. will include an end to wars and military operations in Lebanon, Gaza and Syria.

He added that the conflict in the Gaza Strip has to end, while demanding that Israel withdraw from Lebanon and halt attacks on Syria.

Rezaei said that the Strait of Hormuz cannot be separated from the broader regional conflict, adding that the U.S. must “prove its seriousness” in implementing these commitments “before any new trust could be established.”

However, a return to diplomacy does not seem imminent. The Wall Street Journalreported on Thursday that the Trump administration has no interest in going back to the terms of the memorandum of understanding it reached with Iran in June.

Citing people familiar with the matter, the Journal said that Trump was no longer interested in the June deal framework, and is instead waiting to see if his administration’s strategy of pressuring Iran economically will work.

Temporary relief

Iran is now allowing a “temporary and limited” corridor for ships to pass through the Hormuz Strait, and the future of maritime traffic will depend on developments in understandings with Washington, according to Rezaei.

Earlier this week, Oman and Iran discussed a proposal to establish a temporary joint shipping route through the Strait of Hormuz as well as a mission to clear mines from the key oil export corridor.

However, a video posted on X late Thursday stateside by Adm. Brad Cooper, commander of U.S. Central Command credited U.S. forces for clearing the mines from the strait.

Centcom forces have helped facilitate the transit of approximately 1,500 commercial vessels and 750 million barrels of crude oil over the past several months, Cooper said. “Today, international shipping lanes are open, and momentum is building.”

However, the latest available Kpler datashowed that only five ships crossed Hormuz on Tuesday, a far cry from the approximately 130 ships a day that used to transit the crucial waterway before the war broke out in February.

https://www.cnbc.com/2026/08/28/us-iran-war-trump-hormuz-oman-centcom.html

>>24982918

She's tryin so hard to be scary and she flubs her lines!

Anyone read between the lines?

Q drops ?

https://x.com/frankyd1776/status/2093392173081203175?s=61

>>24982158

TY, baker.

>>24982994

I love the smell of panic in the evening.

All agents are not allowed to reply this post.

Top kek

>>24982218

>>24983057

>>24983064

Last call

…Notes getting heavy, bakering shortly

NOTABLES ARE NOT ENDORSEMENTS

#30502 >>24982158

>>24982167 Baker Ghost

>>24982203 Dough claim

>>24982197 RFK Jr. Fact Checks Democratic Governor Who Claimed ‘There Is No Fetal Tissue’ in MMR Vaccine

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>>24982478, >>24982484, >>24982495, >>24982503, >>24982507 @realDonaldTrump - Trump endorsements success

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>>24982694, >>24982706 Milo Yiannopoulos Kanye Exec In ICE Custody … Apprehended in Louisiana

>>24982721 PUSHBACK: Fed-Up Spanish Citizens Charge Beach in Ceuta, Disperse the Invaders and Set Fire to Their Shacks, Clash With the Police

>>24982722 @realDonaldTrump - The Midterm Meltdown

>>24982788 PF Report: AF1 - Hex: AF83F3 inbound to JBA :)

>>24982827 Mayor Karen Bass: Hands Off Thousands of Migrant Food Vendors Operating Illegally in L.A.

>>24982840 @GovernorVA - If you are serving our country abroad, I believe that you should have the ability to cast a vote in our elections. The Trump Administration is attempting to take that ability away.

>>24982870 Missouri pastor convicted in $1.8M pandemic, auto and personal loan fraud scheme

>>24982875 Donald J. Trump reTruthed…

>>24982881 Attorney General Brown Secures Court Order Temporarily Blocking Postal Service’s Unlawful Mail Voting Rule

>>24982984, >>24983016 @realDonaldTrump - Maggot Hagerman, the Fake Reporter from The Failing New York Times, an unattractive person both inside and out, and who knows less about me than most reporters on the beat (She’s a SCAMMER!), made up a story that on September 11th, I’m not going to the World Trade Center, in New York City, because they won’t let me make a speech, and I’m going to the Pentagon in D.C., because I’m a featured speaker. This is more Corrupt News, I’ve been to New York many times over the years, and no one ever speaks, it’s a “solemn ceremony!”

>>24982989 Donald J. Trump reTruthed…

>>24983057 President Trump Joint Base Andrews Arrival

#30502

>>24983049

Bessent attacks Warren over yen intervention query, offers ‘Foreign Exchange for Dummies’ lesson

PUBLISHED FRI, AUG 28 20263:23 PM EDTUPDATED

KEY POINTS

• Treasury Secretary Scott Bessent attacked Sen. Elizabeth Warren over an error in her letter questioning the U.S. intervention to support the Japanese yen, offering a lesson on “Foreign Exchange for Dummies.”

•Warren’s letter incorrectly suggested Japan could owe Treasury money, but later correctly described the transaction as a sale of euros for yen.

• Bessent’s response did not disclose the size, execution rate or current value of the U.S. yen purchase, leaving several of Warren’s questions unanswered.

Treasury Secretary Scott Bessentunleashed a scathing personal attack on Sen. Elizabeth Warren Friday, accusing the Massachusetts Democrat of misunderstanding foreign exchange markets while leaving several of her questions about a rare U.S. intervention in the Japanese yen unanswered.

“In her latest sciolistic letter to me, @SenWarren made it clear that she knows even less about foreign exchange markets than she does about banking,”Bessent wrote on X about the top Democrat on the Senate banking committee. He offered Warren and her staff a tutorial on “Foreign Exchange for Dummies” and accused the news media of failing to identify what he called her “remedial error.” KEK

Warren fired back by pointing to a string of recent setbacks for the Treasury secretary.

“Tough couple weeks for Sec. Bessent,” Warren wrote on X Friday. “His effort to prop up a foreign currency hasn’t worked. His failed intervention in Treasury markets was blasted by his mentor as burning ‘two centuries’ of credibility. Trump’s economy is crushing families. Maybe he should focus on that.”

Bessent was responding to an Aug. 13 letter from Warren, seeking details about Treasury’s decision to sell euros from its Exchange Stabilization Fund and purchase yen after the Japanese currency fell to a 40-year low.

Warren’s opening paragraph incorrectly suggested, according to Bessent, that Japan owed money to Treasury, when the senator wrote that “American taxpayers would ultimately bear the cost if Japan were unable to repay” the department.

“Treasury exchanged existing Exchange Stabilization Fund foreign-currency assets for yen,” Bessent wrote in his response, dated Thursday. “No new congressional appropriation was involved, and no credit was extended to Japan. Japan owes Treasury nothing.”

Despite the opening phrasing, Warren’s letter later correctly described the intervention as a sale of euros for yen, explicitly noting that Japan had not borrowed from the Treasury or the Federal Reserve.

Bessent defended the intervention as necessary to protect U.S. economic interests, arguing that a disorderly yen could destabilize global markets and raise U.S. borrowing costs. However, his one-page response left several of Warren’s questions unanswered.

Most notably, Bessent did not disclose how much yen Treasury bought, the execution rate or the position’s current value, even though a July 31 Reuters photoshows Bessent’s notepad reading, “Buy Japanese Yen (JPY) $5-10 bil.” He also did not say whether the European Central Bank was consulted before the euro sale or provide the detailed legal justification Warren requested.

The intervention marked the first coordinated U.S.-Japan effort to strengthen the yen since 1998. Japan spent 15.4 trillion yen, or about $96.5 billion, supporting its currency between July 30 and Aug. 26, a record for the period, according to Japanese Finance Ministry data released Friday.

Rather than dwelling on “petty grievances with Senator Warren,” Bessent “should focus … on reducing the cost of living for the American families struggling in President Trump’s economy,” Senate banking committee Democratic spokeswoman Saloni Sharma said in a statement.

The Treasury Department did not immediately respond to a request for comment.

https://www.cnbc.com/2026/08/28/bessent-warren-yen-intervention-treasury-japan.html

…Now bakering

NOTABLES ARE NOT ENDORSEMENTS

#30502 >>24982158

>>24982167 Baker Ghost

>>24982203 Dough claim

>>24982197 RFK Jr. Fact Checks Democratic Governor Who Claimed ‘There Is No Fetal Tissue’ in MMR Vaccine

>>24982218 Judge declines to block Trump's new birthright citizenship order

>>24982238 @TrumpWarRoom - WATCH: President Trump calls into the International Space Station. "This is a great honor!"

>>24982241 9 Things to Know About NASA’s Nancy Grace Roman Space Telescope

>>24982251 @RapidResponse47 - .@POTUS enters Mission Control at Johnson Space Center in Houston 🚀🛰️

>>24982267, >>24982297 Fact Sheet: President Donald J. Trump Establishes a Commission to Design the United States Space Academy

>>24982281 On Cloud 9: Have astronomers discovered the first starless galaxy?

>>24982422 @realDonaldTrump - Democrats Fight to Keep Unqualified Illegal Alien Truckers on the Road

>>24982423 @realDonaldTrump - ‘Watershed Moment’: Trump Clears Hormuz Mines, Breaks Iran’s Grip — ‘Now the U.S. Controls It’

>>24982428 @realDonaldTrump - 50K ICE Arrests in July, Highest for Trump's 2nd Term

>>24982430 @realDonaldTrump - Trump picks new leader of agency overseeing construction of White House ballroom, DC arch

>>24982432 @realDonaldTrump - Trump Moves to Ban Some Foreign Energy Equipment From Grid

>>24982434 @realDonaldTrump - Judge lifts nationwide block on Trump's mail voting order

>>24982436 @realDonaldTrump - FBI Shuts Down Sprawling China-Linked Hacking Network

>>24982437 @realDonaldTrump - Exclusive: Trump’s new affordability push runs on highways, rail

>>24982443 @realDonaldTrump - EXCLUSIVE: A First Look Inside Donald Trump’s Dallas Midterm Convention

>>24982448 @realDonaldTrump - Trump declares Palestine Action a global terror group

>>24982453 @realDonaldTrump - White House to Announce New Drug Pricing Deals With Biotechs

>>24982456 @realDonaldTrump - Laura Ingraham: “Year-to-date, the goods and services deficit decreased $189.3 billion, or 33.8 percent, from the same period in 2025. Exports increased $198.3 billion or 11.7 percent. Imports increased $9.0 billion or 0.4 percent. Where are all the experts who claimed that the tariffs would kill our exports?

>>24982473 @realDonaldTrump -Kobeissi Letter capital gains tax cut discussions

>>24982478, >>24982484, >>24982495, >>24982503, >>24982507 @realDonaldTrump - Trump endorsements success

>>24982666 Conflict Hits 6 Months: Iran Says Diplomacy Can Return But "Pressure Doesn't Work"

>>24982679 ICE Awards $16.7 Million No-Bid Contract For 6,000 Pairs Of Electric Shock Gloves

>>24982694, >>24982706 Milo Yiannopoulos Kanye Exec In ICE Custody … Apprehended in Louisiana

>>24982721 PUSHBACK: Fed-Up Spanish Citizens Charge Beach in Ceuta, Disperse the Invaders and Set Fire to Their Shacks, Clash With the Police

>>24982722 @realDonaldTrump - The Midterm Meltdown

>>24982788 PF Report: AF1 - Hex: AF83F3 inbound to JBA :)

>>24982827 Mayor Karen Bass: Hands Off Thousands of Migrant Food Vendors Operating Illegally in L.A.

>>24982840 @GovernorVA - If you are serving our country abroad, I believe that you should have the ability to cast a vote in our elections. The Trump Administration is attempting to take that ability away.

>>24982870 Missouri pastor convicted in $1.8M pandemic, auto and personal loan fraud scheme

>>24982875 Donald J. Trump reTruthed…

>>24982881 Attorney General Brown Secures Court Order Temporarily Blocking Postal Service’s Unlawful Mail Voting Rule

>>24982984, >>24983016 @realDonaldTrump - Maggot Hagerman, the Fake Reporter from The Failing New York Times, an unattractive person both inside and out, and who knows less about me than most reporters on the beat (She’s a SCAMMER!), made up a story that on September 11th, I’m not going to the World Trade Center, in New York City, because they won’t let me make a speech, and I’m going to the Pentagon in D.C., because I’m a featured speaker. This is more Corrupt News, I’ve been to New York many times over the years, and no one ever speaks, it’s a “solemn ceremony!”

>>24982989 Donald J. Trump reTruthed…

>>24983057 President Trump Joint Base Andrews Arrival

>>24983077 Bessent attacks Warren over yen intervention query, offers ‘Foreign Exchange for Dummies’ lesson

>>24983088 @realDonaldTrump - Laura Ingraham: “Year-to-date, the goods and services deficit decreased $189.3 billion, or 33.8 percent, from the same period in 2025. Exports increased $198.3 billion or 11.7 percent. Imports increased $9.0 billion or 0.4 percent.”SO MUCH FOR THE TARRIFFS dragging down the economy — they're doing precisely what they were intended to do— level the playing field so our manufacturing can compete fairly and thrive

#30502

>>24982984

>>24983098

Treason don´t pay well in the end.

>>24983078

>>24982943

My uncle doesn't drink it, even though it used to be his favorite beer in the70's. Why? He found a severed human finger in a bottle once a long time ago.

Fresh bread

>>24983113

>>24983113

>>24983113