Oil Markets on Edge as Houthi Rebels Threaten Shipping in the Middle East
U.S. Central Command said it wrapped up a ninth straight day of strikes on Iranian assets. The strikes are designed to further degrade Iranian military capabilities used to attack commercial shipping in the Strait of Hormuz, the command said. The Iranian-backed Houthis say they will no longer permi
Artificial Intelligence (AI) companies are making vast claims about the ability of their tools to replace human labour. There have been astonishing increases in AI use in 2026, and the increase in token use has vastly outweighed the declining “per token cost” The most thorough analyses out there come from the United States, using four years of data.
Nicaragua's legislature debates barring opposition from elections
Two packaging-related bills discussed by House Energy & Commerce Committee. Consumer Brands Association and Recycling Leadership Council spoke in support of the bills. "We commend subcommittee members on both sides of the aisle for their commitment to advancing this common-sense, bipartisan legislation," said John Hewitt of Consumer Brands and RLC.
Ex-governor convicted of murdering a pregnant student in Kenya
The court concluded that the prosecution had firmly established the chain of circumstantial evidence linking the three accused to Sharon's killing. The judge held that Sharon's death was unlawful. The verdict brings to a close a trial that lasted several years and involved dozens of witnesses, forensic evidence and extensive legal arguments before the High Cour.
Israel Welcomes Trump’s Demand for Diplomatic Ties With Saudi Arabia
Yemen’s Iran-backed Houthis claimed responsibility for striking two Saudi oil tankers in the Red Sea, days after announcing a naval blockade targeting Saudi vessels. The Houthis have also launched attacks in support of Iran, and most recently warned Saudi Arabia that they will not allow its tankers through the key shipping route Bab el-Mandeb.
As Part of Nuclear Deal, Trump Demands Saudi Arabia Join the Abraham Accords
Trump says the agreement “will be approved, but is totally subject to Saudi Arabia joining the very respected and successful Abraham Accords.” The Saudis have previously made clear that normalizing relations with Israel would first require the establishment of a clear path for Palestinian statehood. On Wednesday, Energy Secretary Chris Wright and his Saudi counterpart signed the agreement.
Houthis Claim Strikes on 2 Saudi Oil Tankers in Red Sea
U.S. Central Command said it wrapped up a ninth straight day of strikes on Iranian assets. The strikes are designed to further degrade Iranian military capabilities used to attack commercial shipping in the Strait of Hormuz, the command said. The Iranian-backed Houthis say they will no longer permi
House Republicans Pass Stock Trading Bill Tied to SAVE Act and Voter ID Measure
The SAVE Act has not passed the Senate yet. Republican lawmakers are trying several new strategies, such as stuffing it into budget resolution bills. The aim is to get the controversial voting measure passed before the 2026 midterm elections. Some Senate conservatives have discussed linking the measure to upcoming government funding legislation ahead of the Sept. 30 spending deadline.
Google and Tesla shares plunge as AI spending rattles markets
Tesla (TSLA -14.09%) is down 14.2% on a classic earnings miss. The Nasdaq Composite is down 2.6% at 11:54 a.m. The company beat revenue estimates with a 25% year-over-year jump to $28.2 billion, but missed earnings by a wide margin.
Google Hit With $1 Billion Fine By EU Over Search Engine Practices
Google was hit with an €890 million ($1 billion) fine by European Union regulators. The tech giant illegally used its dominance in search and Android to steer users toward its own products. Google has now been fined more than €10 billion (more than $11 billion) by EU regulators since 2017.
China's Geely to make EVs at Ford plant in Spain under new joint venture
"This partnership with Geely will further enable China’s decimation of auto markets in Europe as Chinese automakers set their sights on North America," Moolenaar said. Ford's decision to engage in the partnership while seeking protections against Chinese automakers in the U.S. was "incomprehensible," he said.
Global Oil Price Hits $100 a Barrel for First Time Since May
Yemen’s Houthi militia attacked two Saudi Arabian oil tankers in a military operation. One of the two vessels was ablaze after an assault while sailing in the Red Sea. Brent crude futures LCOc1 were up by $5.83, or 6.2%, on Thursday.
Trump Says Netanyahu Will Not Be Arrested in the U.S.
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A year after deadly jet crash at Bangladesh school, families demand answers
A Bangladeshi air force jet crashed into a school in Dhaka, killing 36 people. More than 160 people were injured in the crash at Milestone School. Families of some victims say they are still waiting for answers about the deadly crash. "I can't sleep at night. I often have strange dreams," one victim says.
Gulf countries boosted crude oil and condensate exports in the first half of July to their highest since before the Iran war began. flows through the Strait of Hormuz are slowing as fighting escalates. Oil transfers between tankers in waters outside the Strait have slowed following a wave of recent attacks on vessels by Iranian forces.
The Tate Brothers Are Losing Right-Wing Allies After Their Arrest
Andrew Tate is also accused of assaulting a second woman during separate sexual encounters. According to the complaint, the woman told investigators Tristan Tate repeatedly choked her until she lost consciousness while vaginally raping her. The complaint says investigators were told the woman “did not have the choice to consent’
A Peptide Showdown: F.D.A. Scientists May Clash With R.F.K.’s Agenda
An FDA panel will meet today and tomorrow to discuss regulatory changes that would make certain peptides more accessible through mainstream routes. At issue is whether to allow compounding pharmacies to manufacture seven peptides that are currently designated as unsafe for them to make. Health secretary Robert F. Kennedy Jr. has said that it’s safer for patients to get them from FDA-inspected facilities.
Trump says he is close to decision on largest-yet attack on Iran
The longer the U.S. attacks the Strait of Hormuz, the harder Iran will work to harden its defenses. Iran has the ability to keep the Strait closed until the US runs out of munitions or the Gulf states agree to pay them off. The longer the US attacks, the more Iran will try to use the Strait to its advantage.
U.S. Military Presence in Jordan Makes It Iranian Target
The U.S. and Saudi governments have signed a commercial nuclear deal. The deal could allow Saudi Arabia to have a civilian nuclear program on its soil. President Trump said a newly-signed nuclear deal with Saudi Arabia is dependent on the kingdom joining the Abraham Accords, a pact to normalize relations with Israel.
U.S.-Saudi Deal Prompts Fears of a Global Nuclear Arms Race
Saudi Arabia has been angling for nuclear cooperation with the U.S. for at least a decade. Concerns about the kingdom's human rights abuses and its possible aspirations to develop a nuclear weapon in the future stalled that cooperation. It comes as US-Iran strikes continue and while a deal to develop Saudi Arabia's nuclear industry prompts fears of an arms race.
What Visuals Show About Recent Damage to U.S. Military Sites in the Middle East
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How the Trump Administration’s Nuclear Deal With Saudi Arabia May Work
The deal reportedly included multiple favorable terms for Saudi Arabia, including limiting international nuclear inspections. The US has been eying a Saudi civilian nuclear agreement for years. The deal is estimated to "provide billions of dollars for the U.S. nuclear industry," according to The New York Times.
With His Latest Threats, Trump Signals to Iran That He Is Willing to Escalate
The U.S. carried out another wave of strikes on Iran overnight into Wednesday. Air defenses opened fire over the capital, Tehran. Iran launched a missile attack on a Jordanian city on Israel's doorstep. Iran's Health Ministry says 53 people, including six women and three children, have been killed.
Trump Threatened to Strike Pickaxe Mountain, a Suspected Iranian Nuclear Site. Here’s What to Know.
The U.S. and Saudi governments have signed a commercial nuclear deal. The deal could allow Saudi Arabia to have a civilian nuclear program on its soil. President Trump said a newly-signed nuclear deal with Saudi Arabia is dependent on the kingdom joining the Abraham Accords, a pact to normalize relations with Israel.
Water Plants Under Fire in the Gulf Are Crucial to Civilians
Brent crude, the international standard for oil prices, crossed $88 a barrel on Friday afternoon. U.S. benchmark crude oil was up a similar amount, trading just under $80 per barrel. Prices are down significantly from the recent high on May 5 of $114 a barrel.