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Noontime News Recap: Evergrande founder jailed as Hormuz flows jump and regional tensions deepen

A Chinese court has sentenced Evergrande founder Xu Jiayin to life in prison and imposed a larger financial penalty on the property giant, in one of the most significant rulings yet in the country’s debt and fraud crackdown. 🔗Oil shipments through the Strait of Hormuz rose sharply during a 60 day memorandum of understanding between the United States and Iran, but the deal expired without a peace agreement, leaving the strategic waterway under renewed scrutiny. 🔗In the occupied West Bank, Human Rights Watch says settler attacks and rapid settlement expansion are driving forced displacement of Palestinians, adding to pressure on... [Continue Reading]

360LiveNews Recap 360LiveNews Recap | 20 Aug 2026 12:21 LONDON
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