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As NATO leaders gather in Ankara, fresh tensions between the US and Europe over Ukraine are surfacing. The bloc is preparing a new military aid package for Kiev, while US President Donald Trump plans a meeting with Vladimir Zelensky. Meanwhile, Europe is increasingly becoming a production hub for Ukrainian military needs, and the global economy is adjusting to ongoing Strait of Hormuz crises.
At the NATO summit in Ankara, President Trump criticized Spain, declared the Iran ceasefire over, and reiterated his desire for Greenland, straining alliance unity. European leaders responded with caution, while NATO chief Rutte sought to reassure members of Washington's commitment.
NATO Secretary General Mark Rutte has endorsed the recent US strikes on Iran as 'absolutely necessary,' citing Iranian violations of the ceasefire. The strikes came after attacks on tankers in the Strait of Hormuz, with other leaders urging diplomatic pressure alongside military action.
NATO Secretary General Mark Rutte said Russia remains the main threat to the alliance and that it keeps him up at night. He also backed recent US strikes against Iran as 'absolutely necessary' and outlined summit priorities including support for Ukraine and increased defense production.
Jet2 reports a 7.1% increase in summer bookings compared to last year, citing a fragile Middle East ceasefire and consumer confidence. UK hotels and holiday parks see a 35% jump in bookings, driven by fears of flight cancellations and EU border delays.
US President Donald Trump has expressed disappointment with NATO allies over their support during the war on Iran, calling the relationship 'one-sided' and labeling Spain a 'horror show.' He also declared the ceasefire with Iran over, vowing no negotiations. The statements came ahead of and during a NATO summit in Ankara, where Trump reportedly softened his tone.
US President Donald Trump's recent statements on a potential F-35 sale to Turkey have highlighted divergent views between Washington and Jerusalem. Israeli defense officials worry about Turkey's ability to circumvent US restrictions and the regional implications, while Trump sees Ankara as a key NATO ally to bring back into the Western fold.
Prime Minister Benjamin Netanyahu said Iran possesses chemical weapons and that its nuclear program was significantly set back by US and Israeli strikes. He also vowed Iran will never have a nuclear weapon, with or without a deal.
Oil prices jumped over three percent as the US and Iran exchanged strikes following attacks on ships in the Strait of Hormuz. Washington revoked a sanctions waiver, while Iran accused the US of violating a memorandum of understanding. Regional alerts sounded in Bahrain and Kuwait, and Jordan reported shooting down Iranian missiles.
Iranian officials have accused the United States of violating the Islamabad Memorandum of Understanding following a series of US strikes on Iran. Deputy Foreign Minister Kazem Gharibabadi and Parliament Speaker Mohammad Bagher Ghalibaf detailed specific breaches, while CENTCOM said the strikes were in response to alleged Iranian attacks on vessels in the Strait of Hormuz.
US Defense Secretary Pete Hegseth was expected to visit Israel on Wednesday to meet with Israeli leaders, but reports differ on whether the visit is still on. The backdrop is renewed US strikes against Iran, which Iran says have caused injuries and prompted retaliatory claims by its Revolutionary Guards.
A Pakistan-registered Boeing 737 cargo plane operated by K2 Airways went missing off the coast of Karachi after reporting a navigation system problem. Search and rescue operations are ongoing, with early flight data indicating a rapid descent into the Arabian Sea.
The Islamic Revolutionary Guard Corps announced strikes on dozens of US military facilities in Bahrain and Kuwait, citing retaliation for US attacks on Iranian territory. Reports also mention eight key infrastructure sites destroyed, with warnings of more decisive responses and potential revocation of agreements if the ceasefire is violated.
South Korea's economy continues its recovery, driven by strong semiconductor exports and improving domestic consumption, according to the finance ministry and state-run think tank KDI. Despite a manufacturing slowdown, exports hit a record high in June, and the finance ministry raised its growth projection for 2026.
At a NATO summit in Ankara, leaders unveiled tens of billions of dollars in arms deals while President Trump voiced disappointment with allies. Tensions over defence spending and support for Ukraine were balanced by commitments to increase aid and defence budgets.
US forces conducted multiple rounds of strikes on Iranian targets near the Strait of Hormuz following attacks on commercial vessels, including a container ship. Iranian state media reported explosions in coastal towns, and Iran's Foreign Ministry accused Washington of violating a memorandum and threatened retaliation.
US Central Command has confirmed multiple rounds of strikes against Iranian military targets in response to attacks on commercial vessels in the Strait of Hormuz. Iran reports at least 14 killed and has vowed to respond, while also launching drone strikes on US-linked sites.
The US military launched strikes on Iran in response to attacks on commercial vessels in the Strait of Hormuz, with Iran accusing the US of violating a ceasefire agreement. The US Treasury revoked a sanctions waiver on Iranian oil exports, and Qatar and Saudi Arabia denounced the attacks on their tankers.
In the aftermath of the US-Israeli war in Iran, regional powers are shaping a new security architecture. While the US pushes a track linking Iran's containment to Gulf security and the Abraham Accords, a regional autonomy track involving Pakistan, Turkiye, Saudi Arabia, and Egypt is gaining momentum, and China supports de-escalation through Saudi-Iranian rapprochement.
Three tankers, including a Qatari LNG vessel, were struck in the Strait of Hormuz, prompting Qatar to summon Iran's deputy ambassador and warn of legal responsibility. The US revoked a licence for Iranian oil sales amid rising tensions over navigation fees and regional security.