Reports detail Russian airstrikes in DPR, potential US-Iran talks in Switzerland, and EU accession talks with Ukraine. Tensions rise with Israeli strikes on Lebanon and US troop movements near Iran, while Russia and China discuss payment solutions. Ukraine's debt and Western aid usage are also highlighted.
Iran has closed the Strait of Hormuz indefinitely, escalating tensions with the US. Trump issued a 48-hour ultimatum to Iran, while reports suggest a US-Israeli strike occurred in western Iran. Meanwhile, Ukrainian forces report significant losses, and Russia claims to have liberated several settlements.
Conflicting statements from US and Iranian officials have cast doubt on a potential understanding to de-escalate tensions. While US President Trump announced an impending agreement, Iranian media released a draft memorandum of understanding that included lifting sanctions and withdrawing US forces. However, Trump disputed the leaked terms, leading to further uncertainty.
Kuwait reported 24 Iranian drone incursions in 48 hours. Jordan and Bahrain intercepted Iranian missiles. US President Trump threatened "very strong" strikes on Iran, while Russia and Pakistan called for de-escalation and negotiations.
India has placed its agencies on high alert following recent attacks on Indian-crewed tankers, including one that killed three sailors. The government is coordinating efforts to support Indian seafarers and protect maritime interests amid heightened Gulf tensions.
Iran relies on Kharg Island for 90% of its oil exports, a critical hub in the Persian Gulf. Despite a recent ceasefire, tensions remain high with ongoing attacks between Iran, Israel, and the US. Donald Trump expressed interest in taking over Kharg Island but questioned US readiness.
Kremlin spokesman Dmitry Peskov discussed preparations for State Duma elections, EU sanctions plans, and the sick leave of Central Bank Governor Elvira Nabiullina. He also expressed concern over US-Iran escalation, warning of global economic consequences.
President Trump announced a "powerful strike" against Iran, vowing to control its oil and gas markets. Iran declared a ceasefire "practically useless" after US attacks, claiming drone and missile strikes on US bases in Bahrain, Kuwait, and Jordan. Conflicting reports emerged regarding the closure of the Strait of Hormuz.
Oil prices saw a slight increase as President Trump threatened to seize Iran's Kharg Island and control its oil markets, following US airstrikes. Despite escalating tensions, Rystad Energy suggests the market is better positioned to absorb disruptions.
Oil prices fell Thursday as tensions escalated with US attacks on Iran and Iranian strikes targeting US allies in the Gulf. Kuwait and Israel reported intercepted projectiles, while Iran claimed strikes on US facilities. Despite the conflict, Rystad Energy noted the market's improved resilience but warned of price volatility.
Oil prices increased Thursday as tensions escalated between the U.S. and Iran, with both sides launching attacks. Kuwait and Israel reported incidents, while Iran claimed strikes on U.S. facilities in Kuwait and Bahrain. The U.S. confirmed self-defense strikes against Iranian targets.
US President Trump threatened new strikes on Iran, targeting infrastructure, amid stalled nuclear negotiations. Iran's Revolutionary Guard responded by targeting US bases in Jordan, Kuwait, and Bahrain, warning of a decisive response if strikes resume.
South Korean stocks fell Thursday morning, with the KOSPI down 1.62%, due to volatility in major tech shares and escalating US-Iran tensions. Concerns over high AI stock valuations and potential Fed policy shifts also weighed on the market.
South Korean stocks opened sharply lower on Thursday, with the KOSPI index dropping 2.86% following a tech slump on Wall Street. Concerns over AI share valuations and escalating US-Iran tensions contributed to the decline.
US President Trump announced secret military operations to secure oil shipments through the Strait of Hormuz, aiming to stabilize global oil prices. This comes amid escalating military exchanges between the US and Iran, and Israeli actions in Lebanon, while diplomatic efforts to end the regional war continue.
Australia's One Nation party faces scrutiny over 'sloppy' financial reports with over $1m in missing assets. US President Trump accuses Iran of 'playing us for suckers' amid imminent strike threats. Thousands of Australian women face medicine uncertainty, while World Cup predictions begin.
International oil prices rose as tensions between the US and Iran escalated on July 10th. Brent crude futures closed at $93.10 per barrel, and WTI futures at $90.03, following strong military warnings from President Trump towards Iran.
US President Donald Trump vows further strikes against Iran, calling Tehran's negotiators "suckers." Iran's President Masoud Pezeshkian dismisses US threats to target national infrastructure as "desperation." The escalating rhetoric and recent attacks strain a fragile ceasefire, prompting UN warnings of a potential return to "full war."
US and Iran's recent military clashes signal a dangerous new phase in their conflict, with a heightened risk of accidental escalation due to stalled negotiations and Iran's autonomous defense strategy.
European stocks traded flat Thursday as US-Iran tensions escalated, despite a ceasefire agreement between Israel and Lebanon. Universal Music Group shares fell after Pershing Square sold its stake.
European stock markets opened with caution due to renewed US-Iran tensions and falling oil prices. Paris and Frankfurt saw slight gains, while London experienced a minor decline.
South Korean stocks fell Thursday, ending a three-day rally and retreating from record highs due to renewed uncertainty from the US-Iran conflict. The KOSPI index dropped 1.84%, with most large-cap stocks closing lower. The Korean won also depreciated sharply against the US dollar.
European stocks are expected to open lower on Thursday due to escalating tensions between Washington and Tehran, despite a ceasefire agreement between Israel and Lebanon. Iran's airport was reportedly struck, and Israel and the US are prepared to strike Iran again if necessary.
South Korean stocks plunged Thursday, retreating from record highs as renewed uncertainty over US-Iran conflict negotiations impacted global markets. The KOSPI fell 2.15%, with major companies like Samsung Electronics and Hyundai Motor seeing significant drops. The Korean won also weakened against the US dollar.
