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Anthony Joshua recovered from a first-round knockdown to stop Kristian Prenga in the second round in Jeddah, but attention quickly turned to his proposed clash with Tyson Fury, which is mired in a venue and contract dispute. Eddie Hearn insists the fight is 'done,' while Fury says it 'doesn't look like it's going to happen.'
According to OPEC data cited by TASS, Russia was the largest oil supplier to India in June, with exports rising to 2.2 million barrels per day. India's total oil imports fell in June, while China's imports also declined, with Russia retaining its top position in both markets.
Shipping through the Strait of Hormuz remains far below pre-war levels, with only a handful of vessels transiting daily, even as President Trump asserts the US has 'total control' over the waterway. Iran conditions any full reopening on the lifting of the blockade and sanctions, while diplomatic efforts to end the conflict remain stalled amid conflicting claims about the strait's status.
Eritrea's strategic location on the Red Sea is drawing increased regional attention, with analysts highlighting its growing role in security coordination and its contentious relationship with Ethiopia. While some see Eritrea as a stabilizing factor, others warn that its alleged support for armed groups could fuel further instability.
With the Strait of Hormuz disrupted by the US-Iran war and Iranian closure threats, Gulf states are scrambling for alternative routes. Saudi Arabia has redirected shipments via its East-West Pipeline, while experts warn that new pipelines cannot solve immediate problems and some countries remain fully dependent on Hormuz.
Saudi Arabia, Turkey, and Pakistan have signed a trilateral defense agreement in Mecca, pledging collective deterrence against aggression. The pact, which some compare to NATO's Article 5, comes amid regional tensions and questions over US security commitments.
Pakistan's Foreign Office announced it will implement the Saudi-led multinational maritime defence coalition 'in full earnest', following the deaths of three Pakistani sailors in Houthi strikes on a Saudi cargo ship. The FO also highlighted Oman's lead in negotiations with Iran over the Strait of Hormuz and Pakistan's focus on broader political settlement.
Deputy PM Ishaq Dar condemned the Houthi attack on a commercial vessel that killed three Pakistanis, and said Islamabad is in contact with Saudi and Yemen authorities. Six injured sailors have returned home, and two bodies have been repatriated.
Israeli Prime Minister Benjamin Netanyahu has rejected a US-backed 15-point peace plan for Gaza, marking a rare public break with President Donald Trump. Meanwhile, Iran has issued tough new demands for reopening the Strait of Hormuz, and the conflict has stranded thousands of seafarers.
Saudi Arabia, Turkey, and Pakistan have signed a joint defense agreement in Mecca, including a collective-defense commitment. The deal has drawn attention for its potential regional implications, including remarks by Pakistan's defense minister calling for a united front against Israel.
The joint defence agreement signed by Saudi Arabia, Turkiye, and Pakistan in Mecca signals a broader reordering of Gulf security, as states seek to supplement, not replace, the US security umbrella. Analysts describe the pact as fundamentally defensive, aimed at institutionalising cooperation and building domestic defence capacity.
Iran announced that a deal with Oman to reopen the Strait of Hormuz is in its final stages, but reiterated that the strait will only reopen once the US meets certain conditions. The agreement would define new shipping lanes, with reports suggesting Iran would control inbound traffic. Pakistan expressed hope the deal could lead to resumption of US-Iran talks.
Israel's military says it controls up to 70% of Gaza, but a policy shift toward restraint and airstrikes, coupled with international pressure, may allow Hamas to rebuild, according to a Jerusalem Post analysis.
Yemen's Houthis claimed responsibility for an attack on Saudi Aramco's Jazan refinery, which processes 400,000 barrels per day. The refinery was shut down on July 27 after damage to its gasification unit and tank farm, with operations expected to resume by August 15. The attack raised concerns about regional energy infrastructure security.
Iran has issued demands for reopening the Strait of Hormuz, including war damage compensation, while shipping traffic through the waterway fell sharply amid security risks and stalled US-Iran talks. A tanker was attacked off Yanbu, and the US threatened a major financial offensive against Tehran.
Turkey, Saudi Arabia and Pakistan have signed the Mecca Joint Defence Agreement, which includes a NATO-style collective defence clause. Turkish Foreign Minister Hakan Fidan described the pact as technically similar to NATO's Article 5, insisting it is not directed at Iran. The agreement establishes political and military committees and a secretariat in Saudi Arabia.
Jamaat-i-Islami Pakistan (JI) has announced simultaneous sit-ins in all four provincial capitals on August 16 to demand the withdrawal of the petroleum levy and reduction of petrol prices to Rs225 per litre, intensifying its campaign against inflation.
Hamas reaffirms readiness to implement the next phase of the US-backed Gaza peace plan, while Israel insists it has not agreed to the latest part. The plan includes disarmament, a Palestinian governing committee, and a phased Israeli withdrawal.
Yemen's Houthi rebels say they struck a military camp of Saudi-backed forces in Marib province with numerous missiles and drones. Reports also cite casualties at a displaced persons camp and a downed drone, amid ongoing strikes in Yemen and Saudi Arabia.
The United States has spent months seeking an international naval coalition to escort vessels through the Strait of Hormuz, but European allies, including the UK and France, are reluctant to commit. Analysts say the hesitation reflects deep caution about being drawn into a conflict they did not initiate, especially without clear Gulf support.