Day News Recap: Oil shock, Gaza strikes and Ukraine pressure dominate a tense global news cycle
Fresh attacks on shipping in the Strait of Hormuz have pushed oil prices higher and deepened fears of a wider regional spillover, after British maritime officials said three ships had been hit in recent days and the US said the waterway remained open despite rising tensions with Iran. Washington also said there were no talks planned with Tehran, while warning of new sanctions and broader economic pressure. 🔗 🔗 🔗The Gulf fallout is already hitting trade and markets, with the United Arab Emirates halting trade, commercial exchange and financial dealings with Iran after a reported missile incident, and separate reporting... [Continue Reading]
360LiveNews Recap | 19 Aug 2026 18:21 LONDON
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UK inflation rises to four-month high as energy bills climb
UK inflation rose to 2.9% in the 12 months to July, reaching its highest level for four months as higher household energy costs pushed prices up. The latest figures show gas prices rising at the fastest pace in almost four years, according to the Office for National Statistics. The increase comes after Ofgem raised the household gas and electricity price cap on 1 July, lifting typical annual bills by £221.The energy regulator's 13% cap increase was the main immediate driver of the move, with the ONS saying higher energy bills fed directly into the monthly reading. The figures also showed... [Continue Reading]
360LiveNews | 19 Aug 2026 10:34 LONDON
Breakfast News Recap: Ukraine nuclear strike, Middle East tensions and trade moves dominate the morning
A drone strike near the occupied Zaporizhzhia Nuclear Power Plant in southeastern Ukraine killed one nuclear specialist and wounded 17 people, underscoring the danger around the site as fighting continues close to critical infrastructure. 🔗In the Middle East, tensions around Iran deepened after Donald Trump said there were no talks planned with Tehran and insisted the Strait of Hormuz remained open, even as reports emerged that a projectile hit a ship in the waterway. The United Arab Emirates also imposed an indefinite trade embargo on Iran after accusing Iranian forces of firing two ballistic missiles at the country. 🔗 🔗Israel's... [Continue Reading]
360LiveNews Recap | 19 Aug 2026 08:37 LONDON
Disney and ABC sue US regulator over early licence renewal push
Disney and ABC have filed a lawsuit against the Federal Communications Commission and its chairman, Brendan Carr, seeking to block an early licence renewal process for Disney-owned ABC stations. The case, filed on Tuesday, says the move is unprecedented and amounts to retaliation over the broadcaster's editorial content. The complaint argues that the administration is using the regulator to pressure a media company over what it broadcasts.According to the lawsuit, the FCC ordered licence renewals for the Disney-owned ABC stations in April, years earlier than the company says would normally happen. Disney says the commission had not called for early... [Continue Reading]
360LiveNews | 18 Aug 2026 18:09 LONDON
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Rotterdam port blast at Gunvor refinery leaves one dead as investigation continues
One person has died and several others have been injured after an explosion at a Gunvor-operated refinery and fuel terminal in Rotterdam port. Police said the injured were taken to hospital, while emergency services secured the site after the blast. Investigators and the Dutch labour inspectorate were sent to the scene as authorities began examining what happened.Police spokesperson Daan Valkenburg said investigators were considering all possible causes and had not yet reached a conclusion. A damaged wall and signs of an explosion on a storage tank were visible in the area, according to the supplied material. A separate report that... [Continue Reading]
360LiveNews | 13 Aug 2026 17:29 LONDON
Dubai Property Market Faces Litmus Test as Nakheel Waterfront Investors Await Final Judicial Verdict
Hundreds of international and local investors who purchased land plots in Nakheel’s massive "Waterfront" project nearly two decades ago are holding their breath. Following the official cancellation of the project by the Dubai Land Department and its integration under Dubai Holding, a special judicial committee appointed by His Highness Sheikh Mohammed bin Rashid Al Maktoum has been tasked with resolving the liquidation and settling investor claims. ​Because the decisions of this specialized committee are legally binding and final, with no avenue for appeal, the upcoming rulings are being viewed as a critical turning point for the regulatory reputation of Dubai's... [Continue Reading]
360LiveNews-Opinion | 28 Jun 2026 09:20 LONDON
