Typhoon Dolphin is tracking toward China’s eastern coast with sustained winds reaching 162 kilometers per hour (101 mph), prompting authorities to initiate emergency flood and landslide responses across Zhejiang, Jiangsu, Anhui, and Fujian provinces. According to China’s National Meteorological Centre, the storm is expected to make landfall between Sunday evening and Monday, bringing up to … Read more
Indonesia has closed Mount Bromo national park in East Java for all tourist activities, according to the park operator, as a wildfire burning since Monday expands within its caldera area. The closure took effect on Saturday evening for an undetermined duration, shutting down access to the active volcano known for its popular sand sea caldera. … Read more
Shipping traffic through the Strait of Hormuz has plummeted to 33 vessels between Monday and Thursday, down from 50 in the previous week, according to Kpler data published by Reuters. Markets are closely monitoring ongoing talks between Iran and Oman to gauge any potential progress in reopening the critical global energy waterway following regional conflicts. … Read more
According to shipping data from Kpler, transit volumes at these critical maritime chokepoints fell significantly compared to the previous day, following reports of missile attacks on tankers in the region. Strait of Hormuz Traffic Nears Standstill Transit through the Strait of Hormuz, a vital artery for global energy supplies, slowed to just two vessels on … Read more
According to a senior Iranian source speaking to Reuters on Tuesday, Iran wants control over inbound shipping through the Strait of Hormuz and visibility over outbound traffic under a temporary plan being discussed with Oman. The strategic waterway handles approximately one-fifth of global oil supplies and has remained largely blocked since the U.S.-Israeli war on … Read more
Asian stock markets are showing cautious gains as investors react to a global rally, while oil prices remain near the lowest levels in weeks amid a stalemate in U.S.-Iran tensions. Regional indices are responding to strong U.S. manufacturing figures that pushed the Dow Jones Industrial Average to a record close, even as markets weigh the … Read more
Spot gold rose 0.6% to $4,063.35 per ounce as oil prices fell following U.S. President Donald Trump holding off on fresh attacks on Iran, slightly easing concerns over inflation and higher interest rates, according to market data reported by Reuters. U.S. gold futures edged 0.1% higher to $4,053.70, while broader precious metals saw gains alongside … Read more
Iran warned against any adventurous action by the United States, vowing a proportionate response to any potential strikes on energy infrastructure or regional participation in military actions. According to Iranian Foreign Minister Abbas Araqchi, Tehran will retaliate decisively following recent threats from President Donald Trump, while regional states manage security fallout from drone strikes and … Read more
Wildfires fanned by gale-force winds burned across multiple areas of Greece on Saturday, August 1, 2026, forcing residents to flee as conditions worsened again in parts of Spain and France, according to reports from Reuters. The fires follow a summer ravaged by successive record-breaking heatwaves and little rain, creating conditions that scientists say have been … Read more
Saudi Arabia is currently working to build an international maritime coalition to protect commercial shipping in the Red Sea following a series of Houthi attacks, according to two people familiar with the deliberations who spoke on Wednesday. The coalition’s composition remains unfinalized while discussions continue with dozens of countries. Red Sea Security and Houthi Blockade … Read more