S2E294: Operation Economic Outcast Targets Iran, Singapore Named in Transhipment Report and UK Backs Ukraine

Headline news for August 25, 2026: The US launches Operation Economic Outcast sweeping new Iran sanctions targeting sixty entities across shipping, oil, gold, aviation and digital assets, with a cure period before the toughest measures on major trading partners take effect. Singapore is named in a US report on transhipment fraud as an AI border detection tool is deployed.  Synopsis: A round up of global headlines to start your day by The Business Times.  Written by: Claressa Monteiro ([email protected]) Produced and edited by: Claressa Monteiro or Nicole Teo Produced by: BT Podcasts, The Business Times, SPH Media Produced with AI text-to-speech capabilitiesSee omnystudio.com/listener for privacy information.