States Sue USPS Over Mail-In Voting Order; Iran Discusses Strait of Hormuz; FDA Approves New Cancer Drug

In a news wrap on August 26, 2026, Democratic-controlled states filed a lawsuit against the U.S. Postal Service, challenging President Trump’s executive order regarding mail-in voting. Iran announced it would bar all military vessels from passing through the Strait of Hormuz as part of a potential agreement with Oman to reopen the waterway, which would last 30 to 60 days while working toward a permanent deal. President Trump stated in a radio interview that the waterway has been cleared of mines, but Iranian Deputy Foreign Minister Kazem Gharibabadi disputed this claim, asserting that the Strait of Hormuz remains unsafe for commercial vessels. Additionally, President Trump submitted a proposed nuclear agreement with Saudi Arabia for congressional review, which would involve U.S. support for the country's nuclear program for 30 years, contingent on Saudi Arabia normalizing relations with Israel. The FDA approved a new drug for pancreatic cancer, branded as Rasonque, which can extend patient survival times significantly compared to chemotherapy. The drug is expected to cost nearly $40,000 a month, with much of that covered by insurance. On Wall Street, stocks ended slightly lower, with the Dow Jones industrial average dropping about 100 points, the Nasdaq falling about 20 points, and the S&P 500 remaining virtually unchanged. Tim Curry, the British-born actor known for his role in 'The Rocky Horror Picture Show,' passed away at the age of 80 in Los Angeles.