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AI summaryThe United States Central Command has rejected Iran's assertion that it controls the Strait of Hormuz, insisting that the waterway remains open for transit. Tensions have escalated with Iran's Gulf neighbors attacked and the strait's closure announced, while the US military says it has helped hundreds of ships transit since May.
AI summaryUS President Donald Trump is reportedly considering expanding military operations against Iran, with options including intensified bombing, seizing Strait of Hormuz islands, and striking energy facilities. US and Israeli officials suggest an expansion could occur within days as the US bolsters forces in the Middle East.
AI summaryYemen's Houthis claimed missile and drone attacks on two Saudi oil tankers in the Red Sea, part of a naval blockade on Saudi Arabia. US forces launched a 12th consecutive night of strikes on Iran, while diplomatic efforts, including a US-Saudi nuclear agreement, proceed amid global oil supply concerns.
AI summaryThe Philippines is advancing plans for a cross-border power grid with Indonesia under the Asean Power Grid initiative, while the United States has announced a $1.5 billion investment in Indo-Pacific energy infrastructure, signaling a strategic push into the region's energy sector.
AI summaryNicaragua’s congress announced plans to eliminate future elections, following President Daniel Ortega’s declaration that the country would 'never again' hold a vote. The move has drawn international condemnation, including from the U.S. State Department, which has labeled the government a dictatorship.
AI summarySenator Elizabeth Warren has demanded urgent answers from Barclays over its handling of former CEO Jes Staley's relationship with Jeffrey Epstein, and separately questioned JPMorgan Chase CEO Jamie Dimon about potential contacts with Epstein. The letters follow Staley's upcoming testimony before US lawmakers and a UK ban from the financial sector.
AI summaryRussian Foreign Minister Sergey Lavrov and US Secretary of State Marco Rubio met in Manila on the sidelines of ASEAN events, focusing on the Ukraine conflict. The meeting, initiated by the United States, lasted over half an hour, with Lavrov reaffirming Moscow's commitment to proposals from last year's Alaska summit and stressing that further arms supplies to Kiev are unacceptable.
AI summaryScientists say human-caused climate change is intensifying a major drought across Europe, with extreme heat rather than low rainfall driving exceptionally dry conditions. The World Weather Attribution study finds evaporation-potential conditions are dramatically more likely due to climate change, while France reports a record number of water restrictions.
AI summaryThe United States and Saudi Arabia have signed a civilian nuclear cooperation deal, including two agreements on peaceful nuclear cooperation and bilateral safeguards, with the deal to be submitted to Congress for review. Concerns persist over a possible uranium enrichment facility and the potential for a regional arms race. President Trump has stated the deal is contingent on Saudi Arabia recognizing Israel.
AI summaryPresident Lee Jae Myung said South Korea faces one of its biggest challenges in stabilizing the real estate market and cited Japan’s 1990s collapse as a caution. Speaking at a televised public discussion, he said there is broad consensus on raising property holding taxes as the government prepares revisions aimed at cooling soaring home prices.
AI summaryA meeting between US Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov is scheduled for July 23 on the sidelines of ASEAN events in Manila. Lavrov has indicated he will seek clarifications on US President Donald Trump's statements about a quick resolution to the conflict in Ukraine, among other topics.
AI summaryEight officials from a U.S. House Appropriations subcommittee toured South Korean shipyards earlier this month, inspecting warship capabilities at Hanwha Ocean Co. and HD Hyundai Heavy Industries Co. The visit comes amid White House efforts to authorize foreign shipbuilding for the U.S. Navy, despite a long-standing ban on foreign construction of U.S. military vessels.
AI summaryThe US House of Representatives narrowly passed a $1.15 trillion defense policy bill that includes expanded military technology cooperation with Israel. The bill faces an uncertain future in the Senate amid Democratic opposition over its cost, the Iran war, and voting restrictions.
AI summarySouth Korean stocks opened higher Thursday, led by a tech rally boosted by Alphabet's better-than-expected earnings. The KOSPI climbed over 3 percent in early trading, while the Korean won strengthened against the U.S. dollar. U.S. stocks had closed lower amid Middle East tensions.
AI summaryYemen's Houthi rebels have declared a naval blockade targeting Saudi-linked vessels in the Red Sea and claimed strikes on two Saudi oil tankers, prompting several ships to change course. US Secretary of State Marco Rubio accused Iran of flying Revolutionary Guard members into Yemen, while Washington signaled openness to talks despite launching new strikes on Iran.
AI summaryIsrael's UN ambassador Danny Danon called NYC Mayor Zohran Mamdani a 'clown' for urging federal arrest of PM Netanyahu, as Tel Aviv's vice mayor challenged him to a boxing match. Israeli officials accused Mamdani of antisemitism and promoting hatred.
AI summaryThe Australian share market is expected to open higher following a rally on Wall Street, with the S&P 500, Dow Jones, and Nasdaq all finishing up. Oil prices have dropped below $US84 per barrel, while the Australian dollar is trading at 70 US cents.
AI summaryUS President Donald Trump warned that the US would destroy one bridge or power plant each time Iran fires at a ship in the Strait of Hormuz, as the conflict escalates. Iran's foreign minister responded with an 'eye for an eye' doctrine, and US strikes on Iran continued overnight. The confrontation has driven oil prices above $93 a barrel and raised global economic concerns.
AI summaryUS President Donald Trump said Iran wants to meet with the US but is not yet ready to do so in a meaningful way, predicting that Tehran will be ready 'very soon' to reach an agreement. His remarks come amid ongoing US and Israeli military operations against Iran that began in late February and resumed in July.
AI summaryChina's foreign ministry has called on Australia to stop 'exaggerating tensions' after Foreign Minister Penny Wong voiced concerns over Chinese missile testing and recent clashes in the South China Sea. The exchange comes amid heightened regional diplomacy in Manila, with ASEAN ministers seeking progress on a code of conduct.