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A senior UN official has condemned an assault on humanitarian workers in Jabalia, describing a dangerous pattern of intimidation by 'de facto authorities' — a term that did not explicitly name Hamas. Israeli government sources have blamed Hamas for exploiting humanitarian space.
According to an OPEC report, Russia was the largest oil supplier to India in May, exporting 2.1 million bpd, and also remained China's top supplier. India's total imports rose month-on-month, while China's declined. In June, India's imports hit a record 4.93 million bpd, with Russia supplying more than half.
Russia has reported significant increases in agricultural exports across multiple categories in 2026, including record wheat volumes to African countries such as Egypt, Sudan, and Kenya, alongside growth in dairy, ice cream, and grain shipments, according to data from Russian government agencies.
The Middle East has seen a significant escalation in US-Iran hostilities, with new strikes reported on both sides. Iran's Revolutionary Guards announced attacks on Gulf nations, while the US continued targeting Iranian military sites. Diplomatic efforts, including Pakistan's mediation, face challenges.
Oil prices surged more than 3% after renewed military strikes between the US and Iran raised concerns about shipments through the Strait of Hormuz. While Iran claims it has closed the strait, US officials and Central Command say it remains open. Gulf oil exports have recovered from May lows but remain below pre-war levels.
The US Central Command has reported a third series of strikes against Iranian military targets this week, following earlier attacks. Video footage of the incidents was released on July 8 and July 11, 2026, with explosions captured in an unknown location.
Seoul shares tumbled 9% on Monday as investors dumped technology stocks, triggered by Middle East tensions and profit-taking. The KOSPI fell 669 points to 6,806.93, with a circuit breaker halting trading temporarily. The won weakened against the dollar.
Brent crude has risen sharply in recent sessions as US military strikes on Iran and renewed threats to shipping in the Strait of Hormuz unsettle energy markets. Multiple outlets report gains of roughly 4 to 5 percent on different days, alongside higher European gas prices and fresh US moves to levy charges on vessels. Iran’s Revolutionary Guards claimed attacks on US bases while Washington described its actions as responses to threats against commercial shipping.
South Korean stocks fell sharply on Monday, with the KOSPI dropping 9 percent amid Middle East tensions and profit-taking in technology stocks. The won weakened against the dollar, and trading was briefly halted after a circuit breaker was triggered.
President Lee Jae Myung announced plans to create a 'future response fund' using additional tax revenue from the semiconductor boom, targeting youth, regional development, and education. The government also outlined a record spending plan exceeding 800 trillion won, raising concerns about inflation and asset prices.
The Pakistan Stock Exchange began the week in the red, with the KSE-100 index falling more than 2,000 points intraday on Monday. The decline was attributed to renewed hostilities between the US and Iran, which also pushed oil prices higher, while refinery sector gains offered some support.
South Korean stocks have experienced volatile trading sessions late last week and this week, driven by escalating Middle East tensions and uncertainty over AI-related valuations. The KOSPI has swung between sharp losses and gains, with chipmakers leading declines.
US Senator Lindsey Graham of South Carolina died on Saturday at age 71 after a brief illness, his office said. Preliminary findings from the DC Medical Examiner indicate he died of aortic dissection due to arteriosclerotic cardiovascular disease. Graham was a key ally of President Donald Trump and a prominent foreign policy hawk.
The United States and Iran have exchanged multiple rounds of strikes this week, with Iran declaring the Strait of Hormuz closed and attacking commercial vessels. Oil prices spiked and markets plunged as shipping disruptions intensified, with the US insisting the waterway remains open.
Pakistan has called on all sides in the US-Iran conflict to exercise restraint, following the collapse of a ceasefire and renewed attacks. Both Al Jazeera and Dawn report Pakistan's diplomatic efforts, including a call with Iran's foreign minister, amid fresh strikes.
Israel will hold parliamentary elections on October 27, with Prime Minister Benjamin Netanyahu seeking another term. Former IDF chief Gadi Eisenkot has emerged as a main rival, with polls showing his centrist party gaining ground. The campaign has already seen contentious moments, including AI-generated attack ads and warnings about election threats.
IDF Chief of Staff met with US Marine commander to advance Lebanon-related coordination, while IDF officers express doubt about the Lebanese army's ability to counter Hezbollah's rearmament efforts.
Fresh US military strikes on Iran prompted Tehran to announce the closure of the Strait of Hormuz and to attack targets in several Gulf states. The escalation follows Iran's strike on a container ship, and regional governments report interceptions and damage. US Central Command maintains that commercial traffic continues to flow through the strait.
Following Sheikh Hamad bin Khalifa Al Thani's death at 74, Al Jazeera reflects on his 18-year reign that transformed Qatar from a quiet peninsula to a regional power through soft power, media, and mediation.
Pakistan's Deputy Prime Minister and Foreign Minister Ishaq Dar has called for de-escalation and restraint as tensions between the US and Iran continue to rise, with fresh strikes exchanged. Dar engaged with Iranian and Saudi counterparts, emphasizing the importance of dialogue and the Islamabad MoU, signed in June 2026.