WSJ What’s News WSJ What’s News

U.S. Strikes Iran to Block New Sea Mines in Strait of Hormuz

Aug 31, 2026 · 10m

Summary

US strikes on Iranian targets near the Strait of Hormuz drove oil prices above $90, while Russia’s growing economic dependence on China reshapes geopolitical dynamics. Vietnam emerged as a top US trade partner, benefiting from manufacturing shifts away from China amid Trump’s tariffs. Additionally, Icelanders rejected EU membership talks, and NASA successfully launched the Nancy Grace Roman Space Telescope to study the universe.

Topics discussed

Sponsor: ReliaQuest cyber defense US strikes Iranian targets; oil prices rise Russia-China relations and Ukraine war G20 warns of AI risks to financial stability China airlines, BYD, and manufacturing data Iceland rejects EU membership talks Vietnam benefits from US-China tariffs NASA launches Nancy Grace Roman telescope Outro and Polymarket sponsorship
Listen ad-free on Castria