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Iran Says Strait of Hormuz to Stay Open, But With Transit Fees
Iran's ambassador to Moscow stated that the Strait of Hormuz will remain open, but Iran and Oman will impose new conditions including a transit fee, according to a Reuters report.
WTI Crude Holds Near $92.00, 200-SMA Key for Bulls
WTI crude oil prices maintain gains near $92.00 as renewed Gulf hostilities dim hopes for a ceasefire, with the 4-hour 200-SMA acting as a critical resistance for bullish traders.
Sirens Sound in Central Israel After Iranian Missile Launch
Sirens are sounding in central Israel as the government urges citizens to seek shelter, citing an Iranian missile attack. Iran has not yet acknowledged the strike.
Israel Intercepts Missile Launched from Yemen, Sirens Sound in Tel Aviv
The Israeli military intercepted a missile launched from Yemen toward Israeli territory, triggering air raid sirens in Tel Aviv, according to The Guardian.
Israeli Air Force Strikes Military Targets in Western and Central Iran
The Israel Defense Forces confirmed airstrikes on military targets in Iran in retaliation for Iranian missile attacks on northern Israel, according to BBC.
WTI Holds Gains Near $90.50 as Iran Launches Missiles Toward Israel
West Texas Intermediate oil prices opened with a bullish gap but edged lower, trading around $90.50 in Asian hours following Iran's missile launch toward Israel.
OPEC+ Agrees 188,000 bpd Output Hike for July
OPEC+ has agreed to a production increase of 188,000 barrels per day in July, the fourth consecutive monthly quota hike, despite ongoing disruptions to a key oil shipping strait.
Nvidia CEO Confirms SK Hynix as Largest Partner Under Multi-Year Deal
Nvidia CEO Jensen Huang confirmed that SK Hynix will continue as Nvidia's largest partner under a multi-year deal with extension options, with annual procurement already in the billions and expected to grow.
Elite Trader Funding Launches Direct-to-Funded Accounts and Faster Payouts
ETF, a futures prop firm, now offers instant funding accounts with no evaluation, faster payouts twice weekly for sim accounts and daily for live accounts, and has paid over $13 million to traders.
SK Telecom Plans Gigawatt-Scale AI Cloud in South Korea Using Nvidia Technology
SK Telecom announces plans to build a gigawatt-scale AI cloud infrastructure in South Korea utilizing Nvidia technology, with the first AI factory expected online by 2027 as part of a broader Nvidia-SK Group expansion.
Trump Urges Netanyahu to Delay Response to Missile Attack, Netanyahu 'Kind of Agreed'
A US official revealed that Donald Trump asked Israeli Prime Minister Benjamin Netanyahu not to retaliate immediately after a missile attack, but to wait a few days for negotiations. Netanyahu reportedly gave a conditional agreement.
Doosan Expects to Supply Equipment for NVIDIA AI Factories, Robotics in Talks
South Korea's Doosan Group expects its gas turbines, small modular reactors, hydrogen fuel cells, and industrial equipment to support NVIDIA's AI factories. Additionally, Doosan Robotics is in talks with NVIDIA to develop AI-driven robotics using NVIDIA's physical AI technology.
SK Telecom Plans Gigawatt-Scale AI Cloud in South Korea Using NVIDIA Technology
SK Telecom announces a gigawatt-scale AI cloud project in South Korea, leveraging NVIDIA technology, with the first AI factory expected online by 2027 as part of a broader NVIDIA-SK Group AI infrastructure expansion.
Zelensky Aligns with Starmer on Energy, Air Defence Ahead of Summits
Ukrainian President Zelensky is aligning with UK PM Starmer to prioritize energy infrastructure protection, winter preparedness, and additional air defence missiles at upcoming G7, NATO, and Coalition of the Willing meetings.
Trump to Ask Netanyahu Not to Strike Back at Iran After Missile Attack
US President Donald Trump stated he will urge Israeli Prime Minister Benjamin Netanyahu to refrain from retaliatory strikes following Iran's missile barrage on Israeli targets, which was itself a response to an attack near Beirut.
Trump says Netanyahu has 'no choice' but to accept US-Iran deal
Former President Donald Trump stated that Israeli Prime Minister Benjamin Netanyahu would be forced to accept a U.S.-Iran agreement, asserting that he, Trump, is the one making key decisions on negotiations.
Zelenskyy: Long-Range Strikes Effective, Defense Critical; Iran Halts Tehran Flights
Ukrainian President Zelenskyy says long-range strikes are effective but ballistic missile defense remains critical, and Europe must maintain a strong role in peace talks. Meanwhile, Iran has suspended all flights at Imam Khomeini Airport until further notice.
Xi Calls for Multilateral Globalization, Urges Resistance to Hegemonism
Chinese President Xi Jinping called for multilateral and inclusive economic globalization and urged countries to resist hegemonism, authoritarianism, and any revival of militarism.
Trump Says Netanyahu Will Have No Choice But to Accept Iran Deal
President Trump stated that Israeli PM Netanyahu will have no choice but to accept a US deal with Iran, claiming 'I call the shots.' Oil prices rose on the news.
Xi Jinping urges multilateral globalization, resistance to hegemonism
Chinese President Xi Jinping called for multilateral and inclusive economic globalization, urging countries to resist hegemonism, authoritarianism, and efforts to revive militarism, according to Yonhap.
Xi Jinping Reaffirms Unwavering China-North Korea Ties
Chinese President Xi Jinping stated that China's policy of protecting and developing ties with North Korea remains unwavering, and that sustained growth of bilateral relations is crucial, according to Yonhap.
US Futures Drop, Oil Surges on Middle East Escalation
U.S. stock index futures fell about 0.3% as markets reopened after Israel's attack on Beirut and Iran's retaliation, while crude oil jumped over 3%.
Iran Warns of 'More Crushing' Attacks if Israel Escalates in Lebanon or Responds
Iran has warned that any further Israeli escalation in Lebanon or response to Iranian actions would trigger more crushing and destructive attacks, raising the risk of a broader regional conflict.
Iran Warns Israel Over Lebanon Attacks, Threatens Strikes
Iran's Khatam al-Anbiya headquarters warned that Israel crossed all red lines with expanded attacks in southern Lebanon and Beirut's Dahiyah district, threatening retaliatory strikes if operations continue.