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⁦31°46′40.7″N 35°14′07.7″E⁩ · The Ledger
The Ledger

Iraq officially halts trade with Iran

Iraq has officially ended all trade with Iran, The Zioneer Intelligence Desk reports.

Developing· 3/51 source · cannot be ConfirmedThe Zioneer Intelligence Desk
02 · Full Reports
Nvidia to acquire Hugging Face for $13 billionFull Report

Nvidia to acquire Hugging Face for $13 billion

The deal consolidates Nvidia's position in the open-source AI ecosystem following recent security challenges for the platform.

DevelopingThe Zioneer Intelligence Desk
The Wire
The LedgerStrongUpdated

Brent crude oil rises above $108 per barrel

Brent crude oil is trading above $108 per barrel, according to market reports, as volatile energy markets continue to react to geopolitical developments. The price remains near the overnight peak of $109 reached earlier Friday.

7 sources· 14 developments· 16:54–06:24
The Zioneer Intelligence DeskInitially reportedUpdatedyesterday
The LedgerStrongUpdated

Iran Reports Deploy IRGC, Basij Forces Across Isfahan Province Ahead of Fuel Price Hike

Reports from Iran claim that the Islamic Revolutionary Guard Corps (IRGC) and Basij paramilitary forces are deploying in large numbers across Isfahan province, hours before a scheduled fuel price increase at midnight. The price of third-tier fuel is set to rise to 10,000 toman per liter.

6 sources· 9 developments· 22:31–15:39
The Zioneer Intelligence DeskInitially reportedUpdated4 days ago
The LedgerStrongUpdated

WSJ: Iran's floating oil stockpile outside the Gulf drops to 29M barrels, may deplete by mid-October

Since the U.S. renewed its naval blockade in mid-July, no Iranian crude oil shipment has left the Persian Gulf, the Wall Street Journal reports. Iran's floating stockpile outside the Gulf has shrunk from 90 million to 29 million barrels, and could be exhausted by mid-October.

4 sources· 4 developments· 06:57–09:18
The Zioneer Intelligence DeskInitially reportedUpdated4 days ago
The LedgerStrongUpdated

Attorney General approves 50 agorot fuel price cut in second pre-election approval

Attorney General Gali Baharav-Miara approved a 50 agorot per liter reduction in fuel prices on Wednesday evening, according to The Zioneer. The approval, the second time she has authorized a fuel cut on the eve of an election, is expected to take effect within days.

4 sources· 10 developments· 16:19–21:39
The Zioneer Intelligence DeskInitially reportedUpdated21:39 · 2 Sept
The LedgerStrongUpdated

US Treasury proposes cutting Egyptian bank's UAE branch from US financial system over Iran links

Forbes reports that the US Treasury has proposed cutting off an Egyptian bank's UAE branch from the US financial system as part of expanding economic pressure on Iran. According to the report, the branch processed approximately $1.8 billion for companies linked to Iran's shadow banking network.

6 sources· 9 developments· 19:14–16:00
The Zioneer Intelligence DeskInitially reportedUpdated16:00 · 2 Sept
The LedgerStrongUpdated

US company NABEP to take over oilfields previously held by Chinese, Russian firms

U.S. oil company North American Blue Energy Partners (NABEP) will take over oilfields previously controlled by several Chinese companies and a Russian firm, two U.S. officials told Reuters on Monday. Under the agreement, the U.S. government will receive a 35% stake in NABEP, veto power on the board, preferential access to 20% of production at cost, and first refusal rights on the remaining 80%.

3 sources· 2 developments· 05:45–10:10
The Zioneer Intelligence DeskInitially reportedUpdated10:10 · 1 Sept
The LedgerStrongUpdated

Trump: Venezuelan oil is a gift to the American people; will immediately refill strategic reserves

President Donald Trump said the oil from the Venezuela deal is 'a gift from Venezuela to the American people' and that the process of refilling U.S. strategic petroleum reserves to full capacity 'will begin very soon,' according to a post on X reported by Abu Ali Express.

2 sources· 3 developments· 17:18–17:33
The Zioneer Intelligence DeskInitially reportedUpdated17:33 · 30 Aug
The LedgerStrongUpdated

Lower Saxony plans €200M investment to bypass Qatari block on Iron Dome production, reports say

Germany's state of Lower Saxony is considering investing at least €200 million to take control of parts of Volkswagen's Osnabrück plant, allowing it to produce Iron Dome components for Israel's Rafael directly and bypassing Qatari opposition, according to reports from Bild, Bloomberg and Hannoversche Allgemeine Zeitung. Qatar's sovereign wealth fund, holding 17% of Volkswagen voting rights, had blocked the deal, threatening 2,300 German jobs.

4 sources· 2 developments· 07:17–19:21
The Zioneer Intelligence DeskInitially reportedUpdated19:21 · 29 Aug
Qatar's economic model dealt historic blow: $24 billion wiped from LNG revenue in six months, analysis finds
The LedgerStrongUpdated

Qatar's economic model dealt historic blow: $24 billion wiped from LNG revenue in six months, analysis finds

Qatar's liquefied natural gas exports collapsed by 96% over the past six months, wiping out an estimated $24 billion in revenue, according to an analysis by The Zioneer. The Gulf state's near-total reliance on the Strait of Hormuz for its LNG shipments left it exposed as the conflict with Iran disrupted maritime trade.

The Zioneer Intelligence DeskInitially reportedUpdated14:59 · 26 Aug
The LedgerStrongUpdated

US expands sanctions on Iran with over 60 new targets

The United States has imposed sanctions on more than 60 individuals, companies, and vessels linked to Iran's nuclear and missile programs, oil revenues, cyber operations, and shipping networks, according to a review by the Jerusalem Center for Foreign and Security Affairs. The move also targets foreign entities continuing business with Tehran, expanding secondary sanctions aimed at isolating Iran financially. Major Chinese banks were excluded from the list.

4 sources· 3 developments· 22:21–18:03
The Zioneer Intelligence DeskInitially reportedUpdated18:03 · 25 Aug
The LedgerStrongUpdated

Trump announces 50% tariff on Canadian cars, trucks, auto parts, steel effective Jan 1, 2027

President Donald Trump announced Monday a 50% tariff on Canadian vehicles, automotive parts, and steel, set to take effect on January 1, 2027. Trump stated that Canada 'will be treated like a State no longer' and that the U.S. does not need Canada, as trade tensions between the neighboring countries escalate.

3 sources· 3 developments· 16:45–18:04
The Zioneer Intelligence DeskInitially reportedUpdated18:04 · 24 Aug
Qatar cuts government budgets by up to 30% and foreign aid by 85%, Financial Times reports
The LedgerStrongUpdated

Qatar cuts government budgets by up to 30% and foreign aid by 85%, Financial Times reports

Qatar has cut its government ministries' budgets by up to 30% and reduced foreign aid funding by approximately 85% in response to damages incurred during the US-Iran war, the Financial Times reports. The cuts reflect the economic toll of the conflict on the Gulf state.

The Zioneer Intelligence DeskInitially reportedUpdated16:55 · 23 Aug