World News

Iran sneaking out tankers via Strait of Hormuz as Trump amps up threats

Iran has continued moving sanctioned oil tankers through Hormuz with transponders switched off, even as the US prepares to reimpose a blockade and tensions in the strategic waterway intensify

Trump's proposed 20% Hormuz fee could cost each oil supertankers $30 mn

Trump's proposed 20% fee on cargo transiting the Strait of Hormuz could add about $30 million to a fully loaded oil supertanker, raising fresh concerns across global shipping markets

OpenAI's feud with Musk's xAI carries on as Apple secrets fight revs up

OpenAI has asked a US court to award more than $1 million in legal costs after xAI's trade secrets lawsuit was dismissed, while Elon Musk's AI startup prepares to appeal the ruling

1 Indian killed, 6 injured after Iranian missiles hit UAE tankers in Hormuz

The UAE said two of its tankers were hit by Iranian cruise missiles in the Strait of Hormuz, killing an Indian crew member as regional tensions continued to escalate

Houthis strike Saudi's Abha airport with missiles in sharp escalation

Iran-backed Houthi rebels launched missiles, drones at Saudi's Abha airport after airstrikes hit Sanaa airport, marking the sharpest escalation between the two sides since the 2022 UN-brokered truce

US military death toll in Iran war rises to 14; over 400 troops injured

The US military said its death toll in the Iran conflict has risen to 14 after a Navy helicopter crash, while the number of wounded service members has climbed to more than 400

US military to resume maritime blockade of Iranian ports from July 14

The US said it will resume blockading maritime traffic to and from Iranian ports from July 14, following renewed hostilities with Tehran over the Strait of Hormuz and Trump's latest security measures

Hormuz blockade only for Iran and anybody doing business with them: Trump

Trump announced a renewed naval blockade targeting Iran and vowed more military strikes, as the US resumed operations around the Strait of Hormuz amid escalating tensions with Tehran

US renews strikes on Iran while tankers come under attack in Hormuz

The US launched strikes on Iran as President Donald Trump reinstated a blockade of Iranian shipping and proposed a 20% fee on cargo transiting the Strait of Hormuz, escalating regional tensions

Ukraine and nine other countries team up against ballistic missiles

"Our goal is to build a shared ballistic missile defence capability for Europe," the 10 nations said in a statement in Paris at talks with Ukrainian President Volodymyr Zelenskyy

European Union may propose a law curb children's access to social media

The EU is joining a growing global movement to restrict children's access to social media over mental health and safety concerns

SK Hynix's Seoul shares see worst day; TSMC posts 36% hike in Q2 sales

The company's United States (US)-listed shares dropped 7.9 per cent to $154.7 in early trading after jumping more than 12 per cent in their Nasdaq debut on Friday

Jurassic Park star Sam Neill who declined Knighthood but reneged later

Neill first came to international attention with the 1979 Australian period drama My Brilliant Career playing a frontier rancher

Akzo Nobel rejects Nippon's $8.6 billion offer for paint business

Nippon Paint shares fell as much as 3.4%, the biggest intraday decline in more than a month, before paring some losses

Iran blockade reinstated, US to charge 20% on Strait of Hormuz cargo: Trump

Donald Trump said the United States would reinstate a naval blockade on Iran and impose a 20 per cent charge on cargo moving through the Strait of Hormuz

India's exports to West Asia region evened out in June: Commerce Secy

Indian exporters are using three ports (Duqm, Sohar and Salalah) in Oman to push exports to the region

Dubai housing sales decline 16% in H1 2026, prices rise 6%: Anarock

Residential transactions declined from a year earlier, but average prices rose 6 per cent as Dubai's property market remained resilient despite geopolitical tensions in the West Asia

Inside Israel's secret operation to cultivate Mahmoud Ahmadinejad

The yearslong effort to groom the former Iranian prez as an intelligence asset culminated in a dramatic effort to take him to an Israeli safe house in early days of the war. But the plan fell apart

Oil jumps over 3% as fresh US-Iran strikes threaten Hormuz shipments

Oil prices climbed more than 3 per cent after fresh US-Iran military strikes renewed concerns over energy shipments through the Strait of Hormuz and regional supply risks

What was Meta's Muse AI, the feature pulled days after its launch?

Meta's Muse AI let users generate images using public Instagram profiles. Days after launch, the company withdrew the feature following criticism over consent, privacy and impersonation risks