By Daily Report Staff
Publication Date: 2026-08-24 14:45:00
Oceans on fire: The world’s oceans reached a record global average surface temperature of 70 degrees on Aug. 22, surpassing the previous record set in March 2024. Scientists say human-caused climate change is the main driver, with a powerful Super El Niño adding even more heat. Rising ocean temperatures threaten marine ecosystems and coastal communities while increasing sea levels, extreme weather and reducing the ocean’s ability to absorb carbon dioxide. Bloomberg has the full story.
US to impose new sanctions: Oil prices fell Monday as investors awaited a new U.S. sanctions package against Iran, with West Texas Intermediate dropping to $85.65 and Brent to $93.09 per barrel. The Trump administration says the sanctions will be its toughest ever, while Iran has vowed it can withstand the economic pressure and maintain international trade. Analysts…
