President Trump declares the ceasefire with Iran ‘over’ following mutual airstrikes between the US and Iran. The statement marks the collapse of a brief diplomatic window and plunges the Middle East back into crisis, triggering sharp market volatility worldwide.
NATO allies announce a £37 billion joint missile defense project at the Ankara summit. UK Prime Minister Starmer chairs the meeting, marking a new phase in European defense integration. The initiative aims to address growing security threats and enhance transatlantic defense capabilities.
Summary Iran has accused the United States of violating a prior agreement and launched retaliatory strikes against targets linked to American military forces on June 27. The move escalates the US-Iran conflict from a one-sided strike to a bilateral military confrontation, pushing the Middle East to the brink of full-scale war. The international community has urgently called for restraint, but the situation continues to deteriorate. Details According to the latest BBC reporting, Iran accused the US of breaching a prior understanding on Strait of Hormuz navigation security and announced strikes against “targets associated with American military forces.” Iranian officials called it a “legitimate self-defense response” to the earlier US strikes on Iranian military installations. ...
The US Senate passes an Iran war powers resolution constraining presidential military authority, while Brent crude oil falls to pre-conflict levels as the Strait of Hormuz reopens.
Bitcoin miners face an intensifying profit squeeze as industry-wide revenue has fallen below production costs, forcing some high-cost operations to seek transformation.
The Federal Reserve released its latest stress test results, showing major US banks can collectively withstand approximately $708 billion in losses under a hypothetical severe recession scenario.
Micron Technology shares surged roughly 10% as global memory chip prices soar amid severe supply-demand imbalance, driving quarterly revenue up approximately fourfold year-on-year.
Elon Musk’s net worth has fallen below the trillion-dollar mark as shares in Tesla and SpaceX continue to decline, stripping him of his brief status as the world’s first trillionaire.
A magnitude 5.6 earthquake struck Mendocino County in Northern California, with damage and injuries reported in Ukiah and Willits as emergency response operations are underway.
Ukrainian forces launched their latest long-range strike operation deep into Russian territory, hitting a major natural gas processing facility and multiple satellite communication centres.