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Container shipping is gradually returning to the Suez Canal as tensions ease, but a potential Houthi blockade of the Bab el-Mandeb Strait could hit non-oil freight hard. Reports detail Maersk's rerouting of the AE15 service and expert warnings on the impact to container markets.
US authorities have announced the largest international crackdown on India-based organized crime, with 24 arrests across the US, Canada, and Spain, and 37 indictments. The operation centers on jailed gangster Lawrence Bishnoi and his alleged deputy Goldy Brar, who are accused of directing violence, extortion, and drug trafficking, including the 2023 killing of Sikh leader Hardeep Singh Nijjar.
Russian Foreign Ministry Spokeswoman Maria Zakharova said NATO's actions in the Arctic significantly increase the risk of unintended incidents, warning the region is becoming a zone of militarization and geopolitical confrontation. Separately, TASS reported that a group of 12 NATO countries is preparing a new naval mission to strengthen security in the North Atlantic and the Arctic, an initiative attributed to US pressure for Europe to take on more responsibility within the alliance.
The International Monetary Fund has warned that the global economy has largely used up its capacity to absorb energy shocks, with oil reserves depleted and inventories near operational minimums. The warning comes as the Strait of Hormuz remains restricted amid the US-Iran conflict, threatening further economic damage.
A new survey by PwC and Civey, reported by Der Tagesspiegel, reveals growing insecurity among Germans: more than a third believe Germany could be drawn into a direct war within five years, and a majority doubt the Bundeswehr will become Europe's strongest force by 2035. The findings reflect rising concerns about hybrid threats, waning trust in the US, and growing support for European defense autonomy.
Russia's current account surplus rose to $27 billion in January-May 2026, up from $21.8 billion a year earlier, according to preliminary Central Bank data. The increase was driven by export growth, with the foreign trade surplus also expanding.
Border controls between Spain and Gibraltar have been dismantled after a post-Brexit treaty between the UK, EU, Spain, and Gibraltar. The agreement removes the border fence, brings Gibraltar into the Schengen area, and allows residents to cross with residence cards. Officials hailed the deal as historic, while the status of Gibraltar remains contested.
European Commission President Ursula von der Leyen announced a new EU-Ukraine drone production deal during a visit to Kyiv, as Russian ballistic missiles struck the capital. The agreement aims to combine Ukraine's battlefield expertise with Europe's industrial capacity, building on similar deals Kyiv has signed with individual nations.
On July 12, 2026, France observed its first national day of commemoration for Alfred Dreyfus, 120 years after his exoneration. President Emmanuel Macron unveiled a statue of Dreyfus in Paris, warning that 'the old demons of antisemitism' persist. The ceremony coincided with rising antisemitic acts following the 2023 Hamas attacks and a security scare near a synagogue.
Tehran's ultraconservative Hamshahri newspaper has published images of 13 international politicians, including German Chancellor Friedrich Merz, labeled as 'wanted' in connection with the death of former Supreme Leader Ali Khamenei. The article, which appeared online and was later removed, has prompted German officials to warn of potential Iranian attacks in Europe.
French Prime Minister Sébastien Lecornu visited Morocco with a dozen ministers, signing 14 cooperation agreements and marking a new phase in bilateral relations. The visit was overshadowed by fresh Pegasus spyware allegations, but both sides emphasized a 'turning point' in ties.
The US House of Representatives passed the Sunshine Protection Act with a 308-117 vote, aiming to make daylight saving time permanent and end the twice-yearly clock change. The bill now moves to the Senate, where its future is uncertain amid opposition from some Republican leaders. Supporters cite benefits to sleep and safety, while critics warn of darker winter mornings.
On the tenth anniversary of the failed July 15, 2016 coup attempt, Turkey reflects on a night that changed its civil-military relations, sparked mass purges, and strained ties with the United States. Reports from Al Jazeera, Deutsche Welle, and RFI detail the attempt, the government's response, and the lasting consequences.
NASA astronaut Anil Menon and Roscosmos cosmonauts Pyotr Dubrov and Anna Kikina launched aboard a Soyuz MS-29 spacecraft from Kazakhstan, docking with the International Space Station after a three-hour journey. The eight-month mission underscores continued US-Russian cooperation in space despite geopolitical tensions over the Ukraine war.
The Pakistan Stock Exchange's benchmark KSE-100 index lost over 6,400 points on Tuesday as equities experienced a massive sell-off, driven by renewed fighting between the United States and Iran. Global oil prices surged to their highest in four weeks, with Brent crude up 3.47% and US WTI crude also rising. Analysts attribute the decline to geopolitical instability, including the US reimposing a naval blockade on Iran and increased attacks in the Strait of Hormuz.
As the US withdraws most of its troops from a joint counterterrorism operation in northeastern Nigeria, officials and analysts point to a shift from troop presence to intelligence sharing and partnership. The operation killed a senior Islamic State leader and eliminated 175 fighters, while maritime interdictions hint at a broader security model.
The Monrovia City Court is expected to rule shortly on whether to indict Paul J. King, Operations Manager of Global Logistics Services, in Liberia's landmark US$19.2 million cocaine trafficking case. Meanwhile, Delta Air Lines has added Liberia to its global cargo embargo list, suspending cargo flights amid international concerns over drug trafficking.
At a summit of the Coalition of the Willing in Paris, Ukraine's allies announced new military support, including 16 Rafale jets, a license to produce Aster missiles, and the establishment of an anti-ballistic missile coalition. The UK also signed up to a €60bn EU defence loan scheme, while Germany pledged €90 million for Ukrainian long-range drones.
Firefighters continue to battle a major wildfire in France's historic Fontainebleau forest, which has scorched at least 1,900 hectares and forced the evacuation of around 1,000 people. At least two people have been arrested on suspicion of arson, and French President Emmanuel Macron has pledged to replant the forest.
Australia's internet regulator, eSafety, has found significant gaps in how major tech platforms tackle online sexual extortion and child sexual exploitation. The regulator received over 2,000 complaints about sexual extortion in six months, with young men aged 18–24 most affected, and criticized companies for not deploying available detection technologies.