Associated Press

Cambodia

2026-08-22 01:14:54

Cambodia and U.S. drug agencies say they broke up a crypto laundering network tied to Sinaloa

Cambodian and U.S. drug agencies said on Friday that they had dismantled a cryptocurrency laundering network used by Mexico’s Sinaloa cartel. The operation was carried out by Cambodian anti-narcotics police and the U.S. Drug Enforcement Administration. Authorities said they seized about $7 million in crypto linked to the cartel, arrested multiple people, and found assets, drug labs and storage facilities. The report was attributed to the Associated Press.

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Donald Trump

2026-08-06 00:49:49

Trump says oil prices may have to rise again, without explaining what he meant

U.S. President Donald Trump said during a speech in Las Vegas on Aug. 5 local time that oil prices have fallen recently and become stable to some extent, adding that “we may have to raise it again,” though he said he hopes it will not come to that. Trump did not explain what he meant by the remark. The comment was reported by BlockBeats on Aug. 6. An Associated Press analysis noted that, despite Trump’s repeated assurances that the war with Iran is nearing an end, oil prices typically rise when conflict between the two sides flares up again. The report did not include any further clarification from Trump on whether he was referring to policy, market conditions, or geopolitical developments.

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Trump

2026-08-06 00:49:45

Trump: Oil Prices Have Stabilized, May Need to Rise Again

At a Las Vegas event on August 5, U.S. President Trump said oil prices have fallen and stabilized recently, adding that the country "may have to let them go back up" but that he hopes it does not come to that. Trump offered no further explanation. The Associated Press noted that oil prices typically rise whenever U.S.-Iran clashes flare up again, despite Trump's assurances that the war with Iran is nearly over.

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Strait of Hor

2026-08-05 13:47:21

Draft Strait of Hormuz agreement finalized, awaiting approval from Iran’s supreme leader

Negotiators from Iran and Oman have finalized a draft agreement on the Strait of Hormuz and are now waiting for final approval from Iran’s supreme leader, according to an Associated Press report cited by BlockBeats on Aug. 5. Two Gulf officials told the AP that the draft has already been settled. Earlier in the day, reports said the United States, Iran, and Oman were close to reaching a 60-day interim arrangement to reopen the Strait of Hormuz. Under the proposed plan, vessels entering the Persian Gulf would travel through shipping lanes in Iranian waters, while ships leaving the strait for the Arabian Sea would pass through lanes in Omani waters. The proposal also says no transit fees or shipping charges would be collected during the initial 60-day period. In addition, the parties agreed to clear naval mines in the Strait of Hormuz area to restore safer shipping conditions and create room for talks on a longer-term passage arrangement.

2010

Donald Trump

2026-07-13 12:29:35

AP: Trump’s claimed standing retaliation order against Iran would not take effect automatically after his death

The Associated Press reported on July 13 that U.S. law does not provide for any automatic military retaliation mechanism if a president dies after issuing a prior order tied to an assassination scenario. The report addressed Donald Trump’s recent claim that he had instructed the U.S. military to launch a large-scale strike on Iran if he were assassinated by Iran. Under the 25th Amendment to the U.S. Constitution and the Presidential Succession Act, Vice President JD Vance would immediately become president and commander in chief if the sitting president died. Military command authority would transfer at the same time, and the successor president would decide whether to carry out, revise, or cancel any relevant directive issued by the previous president. Experts cited in the report said the United States does maintain continuity-of-government arrangements and nuclear emergency plans. Even so, they said the military has never been allowed to automatically launch retaliatory action after a president’s death based solely on pre-set orders.

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