Day News Recap: Trump drops Hormuz cargo fee as Iran tensions rise and oil hits four week high
US President Donald Trump reversed a planned 20 percent fee on cargo moving through the Strait of Hormuz, saying Gulf states would instead make investment and trade, after earlier threatening a strike on Iran's deeply buried Pickaxe Mountain nuclear site and later saying the US military had reopened Hormuz for all but Iran. 🔗 🔗 🔗Oil prices climbed to a four week high as renewed US Iran hostilities deepened fears over energy supplies through the waterway, while gold fell about 3 percent after the naval blockade announcement. The United Arab Emirates is also planning a new east coast deepwater port... [Continue Reading]
360LiveNews Recap | 14 Jul 2026 18:21 LONDON
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Tawazun launches new bilingual quarterly magazine Foresight in Abu Dhabi
ABU DHABI, 14th July, 2026 (WAM) -- Tawazun Council for Defence Enablement has launched 'Foresight', a new quarterly bilingual magazine published in Arabic and English, establishing a UAE platform for strategic dialogue that brings together thought leadership, policy and industry to explore the trends shaping the future of defence, security, defence industries and advanced technologies. The magazine was unveiled during a ceremony held at Tawazun's headquarters in Abu Dhabi, attended by senior government officials, representatives from defence, security and military entities, the Council's strategic partners, leading academics and researchers, members of the defence industry, and representatives of friendly nations and... [Continue Reading]
Breaking-360LiveNews | 14 Jul 2026 16:30 LONDON
