SINGAPORE, Aug 28 (Reuters) - Seven commodity vessels transited the Strait of Hormuz on Thursday, down from 17 a day earlier and below the 10-day average of 15, preliminary shipping data showed on Friday.

Among the seven vessels that transited were two medium-range tankers, one very large gas carrier (VLGC), one Ultramax vessel, one intermediate tanker and two chemical tankers, initial data from shiptracker Kpler showed at 0315 GMT.

Wall Street stocks dipped while the dollar rallied Friday after Federal Reserve chief Kevin Warsh flagged fighting high inflation as a priority in a speech received as more hawkish than expected.

"We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do," Warsh said in a highly anticipated speech.

Short-term US Treasury bonds, which reflect monetary policy expectations, saw yields spike in anticipation of a higher Fed rate after the speech in Jackson Hole, Wyoming.

The most powerful pro-Israel lobby in the United States is spending more than any other outside group on the 2026 midterms -- even as its once-coveted backing becomes an increasingly potent weapon for political opponents.

The American Israel Public Affairs Committee (AIPAC) has poured tens of millions of dollars into races nationwide through its main election-spending vehicle, the United Democracy Project (UDP).

By David Lawder

WASHINGTON, Aug 27 (Reuters) - The Trump administration aims to have finance leaders from the Group of 20 major economies agree next week on steps to boost economic growth, reduce global imbalances and tackle sovereign debt challenges while pressing them to cut off Iran's economic lifelines, a senior U.S. Treasury official said on Thursday.

Treasury Secretary Scott Bessent will step up efforts to isolate Iran economically as he hosts G20 counterparts next week, a US official said Thursday, in a gathering clouded by war and trade tensions.

Finance ministers and central bank governors from the Group of 20 major economies are due to convene in mountainous Asheville, North Carolina, next Monday and Tuesday.

Their talks are the first of several key ministerial meetings this year, setting the stage for a G20 leaders' summit President Donald Trump will host in December in Florida.

Mazloum Abdi, who has been appointed as adviser to Syria's presidency, is shifting into politics after years as a Kurdish military leader heading internationally backed fighters who battled Islamic State group jihadists in Syria.

From joining the Kurdistan Workers' Party (PKK) in 1990 through to announcing the dissolution of the Kurdish-led Syrian Democratic Forces (SDF) this week, Abdi has amassed significant influence among Syria's Kurds.

By Parisa Hafezi and Susan Heavey

DUBAI/WASHINGTON, Aug 27 (Reuters) - Qatar's prime minister visited Tehran on Thursday in an effort to revive stalled diplomacy six months into the war, as U.S. President Donald Trump said Washington was not currently talking to Iran.

"We don't want to speak to them. We're not looking to meet or anything," Trump told reporters in the Oval Office after the White House said a U.S. economic campaign against Tehran would continue until Iran decides to negotiate meaningfully.

By Kanishka Singh

WASHINGTON, Aug 27 (Reuters) - The U.N. human rights office said on Thursday the Trump administration's designation of the Palestine Action group as a terrorist organization was "a disproportionate and unnecessary restriction" on free speech rights that amounted to an expansive use of the term terrorism and will have a chilling effect.

Syrian President Ahmed al-Sharaa appointed Kurdish leader Mazloum Abdi as a presidential adviser, state media said Friday, days after Abdi announced the dissolution of his Kurdish forces under an integration deal with Damascus.

The education ministry also published a decision authorising Kurdish-language instruction in public and private schools.

"Mustafa Khalil Abdi is appointed as adviser to the presidency of the republic," announced the decree, signed by Sharaa and published by state news agency SANA.

Aug 27 (Reuters) - Iran is preparing a list of conditions for reopening the Strait of Hormuz after mediators asked Tehran to set them out, said Mohsen Rezaei, secretary of Iran's Supreme National Security Council, adding that ending the regional war was among them.

Rezaei said Iran had agreed with Oman on a shipping corridor through the strait, with parts of the route in Omani waters and parts in Iranian waters. Ships would use a designated central channel if the U.S. met Iran's conditions, he said through an interpreter in an Al Manar TV interview.