Six construction workers were killed and several vehicles plunged into the river after the cargo ship crashed into the bridge.
A peace deal between Iran and the US signed on June 18 aims to end their war and reopen the Strait of Hormuz. While fuel and airfare prices may fall, uncertainty over Iran's nuclear program and energy costs could impact inflation and interest rates.
The UK Foreign Office has eased its travel advice for Dubai, removing the "do not travel" warning. While this facilitates travel insurance and booking, it cautions that the regional situation remains unpredictable despite a US-Iran agreement.
Moscow experienced its largest Ukrainian drone attack with nearly 200 drones targeting the capital, causing thick smoke plumes. Russia reported intercepting almost 1,000 drones and four missiles nationwide. An oil depot in Rostov was hit, killing one person. President Zelensky stated the strikes were retaliation for a recent Russian attack on Kyiv.
Bolivia and the US have signed a new co-operation deal to combat drug trafficking, with the US providing up to $20m for training and equipment for Bolivian forces. This marks a thawing of relations after years of tension.
Explosions and gunfire were reported at Niger's capital airport in Niamey on Thursday morning. Residents stated the army repelled the attack, and authorities are now pursuing fleeing assailants. This incident follows a similar attack in January.
US and Iran leaders signed an initial peace deal to end their war, including reopening the Strait of Hormuz and a $300bn reconstruction plan for Iran, with the US terminating sanctions. However, Iran's nuclear program remains to be negotiated.
