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Hormuz oil exodus sets stage for chaotic rebalancing act

Crude prices may be back near levels seen before the Iran war, but the surge in oil exports from the Middle East following the reopening of the Strait of Hormuz is creating a chaotic market that could take months to settle.

June 29, 2026
News

South Korea unveils massive AI and chip investment drive

South Korea rolled out ​sweeping chip and AI mega-projects on Monday, as President Lee ​Jae Myung pledged to cement overwhelming industry leadership with ⁠investments spanning hundreds of billions of dollars over several years.

June 29, 2026
News

Iran cyberattacks on Israel surged in 2026, Israeli cyber chief says

The number of Iranian cyberattacks against Israel has shot up since the launch of the ​U.S.-Israeli offensive against Iran this year, a senior ‌Israeli security official was quoted as saying on Monday.

June 29, 2026
News

Facing China, one Taiwan Coast Guard officer draws strength from the gods

When Yeh Chih-sheng steps aboard Taiwan Coast ​Guard vessel CG1005 in the choppy waters of the Taiwan Strait, he brings more than his ‌uniform and orders: he also has temple charms blessed by the gods revered by fishermen for protection at sea.

June 29, 2026
News

Father and son rescued after four days buried under rubble of Venezuela’s earthquakes

Their rescue came after 12 hours ​of painstaking efforts by teams.

June 29, 2026
News

Israel destroys Hezbollah underground infrastructure in southern Lebanon

The Israeli military has destroyed underground infrastructure used by Lebanese militant group Hezbollah in a village in southern ​Lebanon, according to a joint statement by the Israeli prime minister and defense ‌minister on Sunday.

June 29, 2026
News

Oil climbs following renewed US, Iran strikes in Middle East

Brent ‌crude ⁠futures climbed to $72.49 a ​barrel.

June 28, 2026
News

Argentina wary of ‘tough’ Cape Verde after cruising through group stage

Argentina turned their attention to round-of-32 opponents Cape Verde after a ‌dominant group stage, stressing the African side will pose a tough challenge despite suggestions their route to the later rounds could be straightforward.

June 28, 2026
News

Canada score late winner to advance to last 16 at World Cup

Stephen Eustaquio hammered home a rasping strike from the edge of the penalty area in ​the 92nd minute to give Canada a 1-0 victory over South Africa on Sunday, propelling the co-hosts into the World Cup ‌last 16 for the first time in their history.

June 28, 2026
News

Russia’s Putin acknowledges fuel shortages, task force set up to ensure supplies

President Vladimir Putin acknowledged on Sunday that fuel supply problems had created shortages in Russian regions and a task force ​was working on ensuring sufficient quantities were provided throughout the country.

June 28, 2026

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