Early Edition: August 25, 2026

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Sign up to receive the Early Edition in your inbox here. A curated weekday guide to major news and developments over the last 24 hours. Here’s today’s news: IRAN WAR U.S. Treasury Secretary Scott Bessent yesterday announced “Operation Economic Outcast,” which aims to isolate Iran by threatening other countries and companies that do business with Iran. Bessent declined to comment on what specific countries would be targeted, but further announced an expansion to the secondary sanction categories already in place: aviation, digital assets, gold, shipping, and technology. The Treasury has also sanctioned nearly 60 entities involved in illicit procurement of…

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