Iran and the United States remain at loggerheads over efforts to secure a permanent end to the war in the Gulf, according to a senior Iranian source who reported zero progress in reviving an interim deal agreed in June. The stalled diplomatic efforts coincided with a fresh wave of maritime attacks on Tuesday that rattled … Read more
Wall Street indexes rose on Wednesday, driven by the Nasdaq outperforming its peers as upbeat earnings from artificial intelligence infrastructure firms boosted technology stocks, while largely in-line inflation data reinforced market bets that the U.S. Federal Reserve will hold interest rates steady, according to Reuters reporting. AI Infrastructure Earnings Drive Nasdaq Gains The Nasdaq Composite … Read more
According to a senior Iranian source speaking on Wednesday, no talks have taken place on extending a 60-day ceasefire between Iran and the U.S. under an interim deal, with Tehran demanding that Washington return to the pact and define a timeframe to implement its commitments. Ceasefire Extension Rumors Denied by Tehran Reports regarding an extension … Read more
Saudi crude exports from the Red Sea are increasingly vanishing from view as tankers switch off tracking signals to avoid attacks by Yemen’s Iran-aligned Houthis, according to ship-tracking firms and industry analysts. The shift obscures visibility into global oil supply assessments and creates wide discrepancies in export estimates used by the International Energy Agency and … Read more
Meta Platforms will face a coalition of state attorneys general in a California federal court trial beginning on Wednesday over claims that the tech giant engineered Facebook and Instagram to be addictive to children. According to court filings, the seven-week trial in Oakland tests allegations from Colorado, Kentucky, California, and New Jersey that Meta designed … Read more
Four crew members have been killed in a suspected Houthi attack on the Egyptian-owned cargo vessel Tihamah in the Bab el-Mandeb Strait, according to Yemen’s Transport Ministry. These initial casualties on the Tihamah mark the first lives lost in a Houthi assault on maritime commerce since the outbreak of the Iran war, while concurrent military … Read more
Shipping traffic through the Strait of Hormuz dropped to six vessels on August 11, falling significantly below the 10-day average of approximately 11 ships, according to Kpler data. Strait of Hormuz Traffic Trends The current volume of maritime traffic represents a sharp reduction from pre-war levels, when 130 to 140 ships typically transited the waterway … Read more
Wall Street closed lower as climbing crude oil prices driven by Middle East tensions and a massive share sale by Intel weighed on investor sentiment, according to Reuters. The S&P 500 declined 0.06% to finish at 7,753.12 points, while the tech-heavy Nasdaq Composite dropped 0.32% to 26,605.36 points, and the Dow Jones Industrial Average slipped … Read more
According to Reuters reporting, a powerful 7.4 magnitude earthquake struck western Colombia on Monday, August 10, 2026, killing at least 111 people, injuring 87 others, and trapping residents under rubble across multiple cities. The disaster immediately tested the administration of President Abelardo De La Espriella just days after his swearing-in, prompting a national state of … Read more
A consortium including Amazon founder Jeff Bezos and Facebook co-founder Eduardo Saverin is nearing an agreement to acquire approximately a one-third stake in Premier League club Liverpool, according to multiple media reports. Sky News reported that the investment syndicate is spearheaded by Amit Bhatia—previously a stakeholder in EFL Championship side Queens Park Rangers and son-in-law … Read more