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India News Live Updates, 26 August 2026: 6 killed in bus-truck collision in Telangana’s Suryapet

India News Live Updates, 26 August 2026: 6 killed in bus-truck collision in Telangana’s Suryapet

The US has launched a new economic campaign dubbed Operation Economic Outcast against Iran, aimed at cutting off all revenue sources. China's foreign ministry spokesperson, Lin Jian, warned that this move could pose a significant challenge. China emphasized that its cooperation with Iran should not be disrupted or undermined. China is closely monitoring the situation and will take necessary measures to safeguard its interests.

Meanwhile, US President Donald Trump submitted an agreement with Saudi Arabia to Congress for review. However, he insisted that the deal would not proceed if Saudi Arabia does not normalize relations with Israel. The US Treasury Secretary Scott Bessent announced the operation, which involves new sanctions targeting four India-based companies for importing petroleum and petrochemical products from Iran.

China's stance is that while the economic onslaught against Iran's global financial connections may present challenges, it should not disrupt China-Iran cooperation.

Written by urgent.news from The Indian Express's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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