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Australian headline inflation fell to 3.8% in June, down from 4% in May, raising hopes that the Reserve Bank will hold rates steady at its August meeting. Underlying inflation remains at 3.6%, still above the RBA's target, prompting cautious optimism among economists and officials.
Turkiye and Iraq have signed a one-year agreement to keep crude flowing through the Kirkuk-Ceyhan pipeline, ensuring 750,000 barrels per day. The move follows a visit by Iraqi Prime Minister Ali al-Zaidi to Ankara, during which Turkish President Erdogan confirmed plans to acquire a stake in the Kirkuk oilfield and potential supply of 1 million barrels per day.
US President Donald Trump met Israeli Prime Minister Benjamin Netanyahu at the White House in a session closed to the media, amid reports that Trump expressed irritation over Netanyahu's public disclosure of their planned discussion topics on Iran. The strain reflects broader disagreements over the Iran conflict and US involvement in the Middle East.
Yemen's Houthi rebels have claimed missile and drone attacks on Saudi oil tankers in the Red Sea, following a maritime blockade imposed on Saudi Arabia. The UKMTO reported a tanker being struck and an explosion, while the Houthis cite a Saudi-led siege on Yemen as justification.
Israeli Prime Minister Benjamin Netanyahu and opposition leader Yair Lapid are both in Washington, using visits to the US to campaign ahead of Israel's October elections. Lapid addressed the Atlantic Council and met with Democratic senators, while Netanyahu met with President Trump and spoke with Fox News' Sean Hannity about an ICC warrant.
Following Prime Minister Benjamin Netanyahu's meetings with President Trump and US senators, Israeli officials report no US pressure on Israel to withdraw from Gaza or Lebanon. The talks focused on Iran, the Abraham Accords, and bipartisan support for Israel.
World leaders and Washington's political elite gathered for the funeral of Senator Lindsey Graham, where President Donald Trump eulogized him as a 'true American original.' Graham, a hardline Republican and staunch ally of Trump, died unexpectedly at age 71. His sister, Darline, has been chosen to replace him in the Senate.
US diplomats staged a walkout during a UN Security Council meeting after France accused Washington of abandoning its role as a human rights leader. The clash follows a contentious vote on the reappointment of UN human rights chief Volker Türk, which the US opposed.
Ukraine says it attacked Russian warships and cargo vessels in the Caspian Sea carrying military supplies from Iran; Tehran insists a civilian ship was hit and warns of retaliation. The incident marks the first direct collision between the wars in Ukraine and Iran, prompting diplomatic exchanges and warnings against escalation.
US diplomats walked out of a UN Security Council meeting on Ukraine after France criticized Washington's human rights record. The walkout follows US opposition to the reappointment of UN human rights chief Volker Turk, and reflects broader tensions between the US and Europe over NATO, trade, and Greenland.
A bipartisan group of US senators has agreed on a bill to impose sweeping sanctions on Russia, targeting its leadership, state banks, and energy projects, as well as introducing 100% tariffs on major buyers of Russian oil and gas. The bill faces opposition from House Democrats and concerns from experts about potential fallout in US-China relations and economic harm to the US.
US President Donald Trump held separate Oval Office meetings with Ukrainian President Volodymyr Zelenskyy and Israeli Prime Minister Benjamin Netanyahu on Tuesday, as the two leaders navigated shifting US policies on the wars in Ukraine and Iran. The meetings came amid reported tensions between Trump and Netanyahu and signs of a changing posture on Ukraine.
Newly released documentary footage shows the late Sen. Lindsey Graham claiming credit for persuading President Donald Trump to attack Iran, saying he 'almost cried' with joy when the conflict began. The footage, reported by Al Jazeera, also shows Graham offering to lobby Trump to attack Lebanon on behalf of Israeli Prime Minister Benjamin Netanyahu.
An Iran expert has urged the UK government to shut down the Islamic Center of England, claiming it operates as an office for Iran's supreme leader. The charity has been granted a visa sponsorship license despite past allegations of ties to the IRGC and a formal reprimand for anti-Israel content. The Home Office says it will act if wrongdoing is found.
Israeli Defense Minister Israel Katz confirmed that American fighter jets and bombers took off from Israeli bases to attack Iran, warning that Israel would retaliate if targeted. The U.S.-Iran fighting has paused since Friday, and President Trump expressed optimism about a negotiated peace deal.
Israeli Prime Minister Benjamin Netanyahu met with US President Donald Trump at the White House for the first time since the Iran war began. The closed-door talks focused on the conflict, amid public disagreements and a recent escalation in hostilities.
Israeli Prime Minister Benjamin Netanyahu met with US President Donald Trump in Washington, their first face-to-face talks since the start of the Iran war. The meeting coincides with renewed diplomatic efforts, including upcoming Israel-Lebanon talks and regional outreach by Israel and Syria.
President Donald Trump publicly questioned Prime Minister Benjamin Netanyahu's decision to announce intelligence on Iran's Pickaxe Mountain site, saying he didn't need Netanyahu to tell him about it. The meeting, held amid growing friction over Israel's actions in Lebanon and the US-Iran diplomatic push, ended without a public appearance or joint press conference.
Oman has presented Iran with a proposal, backed by Gulf states, for joint management of the Strait of Hormuz, including voluntary fees for shipping. The plan aims to end trade disruption caused by the US-Israeli war on Iran, but disagreements remain over mandatory payments and the strait's pre-war status.
US President Donald Trump reiterated threats to strike Iran's Pickaxe Mountain nuclear site, dismissing Israeli Prime Minister Netanyahu's offer to share intelligence. The mountain, part of the Karkas Range, has seen satellite-detected activity suggesting tunnel construction.