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A woman walks at the graveyard of the school children who were killed after their school was a hit by a strike on Feb. 28, in town of Minab in southern Iran, Saturday, Sept. 5, 2026. (AP Photo/Vahid Salemi)

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Women walk at the graveyard of the school children who were killed after their school was a hit by a strike on Feb. 28, in town of Minab in southern Iran, Saturday, Sept. 5, 2026. (AP Photo/Vahid Salemi)

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A Russian drone has struck Ukraine’s security service headquarters in Kyiv, President Volodymyr Zelenskyy says. The attack Friday wounded nine people. It comes as U.S. envoys prepare for diplomatic talks in Moscow and Kyiv. Zelenskyy emphasized the importance of U.S. involvement in peace efforts. Meanwhile, Russian strikes in Ukraine have intensified, with deadly attacks in Odesa and Dnipro. Ukrainian drone strikes have also targeted Russian oil depots, increasing economic pressure. In Finland, authorities are investigating a Russian-made drone found on a shoreline. The ongoing conflict shows no signs of resolution.

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FILE - Smoke rises after a Ukrainian drone strikes on warehouses of the online retailer Wildberries in St. Petersburg, Russia, on Friday, July 24, 2026, with St. Isaac's Cathedral in foreground. (UGC via AP, File)

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Oil prices rose and U.S. stocks fell after American forces struck Iranian rocket launchers on the Strait of Hormuz, marking the first military action in a month. Brent crude rose 2.7% Monday, closing back above $90 a barrel. The S&P 500 fell 0.3%, the Dow Jones Industrial Average dropped 374 points, or 0.7%, and the Nasdaq slipped 0.1%. Still, all three indexes closed with gains for the month of August. The yield on the 10-year Treasury rose to 4.75%, around the level seen two weeks ago when the Trump administration took the unusual step of announcing it would intervene in the bond market.

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Russian President Vladimir Putin has decreed that the state can temporarily seize control of critical infrastructure facilities if private owners fail to protect them from Ukrainian drone attacks or rebuild them after the strikes. The move, which came Monday, was the latest sign of the economic pressure and public frustration in Russia after months of escalating Ukrainian attacks on oil refineries and e-commerce hubs that have caused nationwide disruptions. Ukraine also is reeling from relentless aerial attacks that have smashed its power grid ahead of winter and heavily damaged homes as Russia’s invasion stretches into its fifth year. Deputy Russian Prime Minister Denis Manturov said the decree doesn’t imply the nationalization of companies or a change of ownership.

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U.S. President Donald Trump says the U.S. has no planned talks with Iran but insists the Strait of Hormuz remains open. This comes after a reported strike on a ship exiting the waterway and as Iran and Oman say they are close to a deal to reopen the waterway. Trump threatened to bomb Oman earlier this week as the country tried to reach a deal. Iran says the waterway will not reopen until the U.S. meets its conditions. Shipping data platform Kpler says transits fell nearly 20% through the Strait of Hormuz last week.

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Day after day over recent weeks, Ukrainian drones have pummeled giant depots belonging to Wildberries, the country’s biggest online retailer, burning estimated billions of dollars’ worth of merchandise and bringing the war home to the broad public. The attacks that hit about 20 depots belonging to Wildberries in a month reflect Ukraine’s ability to strike deep inside Russia and cast a new challenge to President Vladimir Putin nearly 4 ½ years after the start of the full-scale invasion of Ukraine. The strikes have shaken the empire founded by Tatyana Kim, the country’s richest female entrepreneur. Forbes Russia estimated her fortune at $8.1 billion before the strikes began.