Wall Street Opens Mixed as Tech Sells Off, Banks Lead and Gold Rises on Fed Uncertainty
Executive summary: US stocks opened mixed, with the Dow edging higher while the S&P 500, Nasdaq and Russell 2000 slipped. The sharpest move was in AI and chip shares, while banks outperformed and gold climbed. The pattern points to a rotation away from high-beta growth and toward defensive or rate-sensitive exposures as investors digest the latest Fed backdrop. [Continue Reading]
360LiveNews Markets Intelligence | 30 Jul 2026 14:45 LONDON
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Russian strikes kill eight in Ukraine as Zelensky says more than 70 missiles and 280 drones were launched
Russian missile and drone strikes across Ukraine killed eight people, including three children, overnight, according to local officials. President Volodymyr Zelensky said Russia launched more than 70 missiles and over 280 drones in the attack, which he described as one of the latest large-scale assaults on the country. The worst damage was reported near Kryvyi Rih, Zelensky's hometown, where dozens of ordinary homes, civilian businesses and infrastructure facilities were destroyed or damaged.In Kyiv, residents were forced to shelter in crowded underground stations as air raid alerts sounded across the capital. Oleksiy Sorokin, deputy chief editor of Kyiv Independent, said people... [Continue Reading]
360LiveNews | 30 Jul 2026 13:59 LONDON
Saudi Arabia and US strike Iran-backed militias in Iraq after drone attacks
Saudi Arabia and the United States have carried out strikes against Iran-backed militias in Iraq, according to the supplied reporting, in a further sign that the regional confrontation is widening. The action was taken after repeated drone attacks on Saudi territory, which Riyadh says were launched by groups aligned with Tehran. The strikes add a new layer to an already volatile conflict that has spread across several fronts in the Middle East.The reporting says the targets were militias backed by Iran in Iraq, and that the Saudi side moved after what it described as sustained drone attacks on the kingdom.... [Continue Reading]
360LiveNews | 30 Jul 2026 13:06 LONDON
Drone strike at Egypt's Damietta LNG port confirmed as fire spreads to second ship
Egypt has confirmed that a drone caused the fire at Damietta port that affected two liquefied natural gas vessels, adding official backing to earlier maritime assessments. The incident involved the US-owned Energos Winter, which was struck on its starboard side at about 3:20 pm CET, according to maritime security firms cited in the supporting material. The fire then spread to the nearby Gaslog Salem, prompting an emergency response at one of Egypt's most important Mediterranean energy ports.The Egyptian cabinet said preliminary investigations by the relevant authorities found that the incident was caused by a drone. It said measures were being... [Continue Reading]
360LiveNews | 30 Jul 2026 13:02 LONDON
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Noontime News Recap: Iran strikes widen conflict fears as Ukraine, Europe and Asia face fresh shocks
The United States said it struck dozens of Islamic Revolutionary Guard Corps targets in Iran overnight, a major escalation that followed earlier regional retaliation reports and raised the risk of a wider confrontation. 🔗Russia kept up pressure on Ukraine with missile and drone attacks that killed at least eight people and wounded dozens overnight, while President Volodymyr Zelenskyy again called for stronger air defences. 🔗 In Poland, officials said an object that crashed near Tarnawa Kolonia was probably a Russian missile, after it left a crater about 10 metres wide, and an investigation is continuing. 🔗In the Middle East and... [Continue Reading]
360LiveNews Recap | 30 Jul 2026 12:23 LONDON
Saudi Arabia seeks Red Sea coalition as Houthi shipping threat widens
Saudi Arabia is moving to assemble an international coalition to protect shipping in the Red Sea, as Houthi threats to maritime traffic broaden and concerns grow over energy and supply-chain disruption. The proposed alliance is expected to be headquartered in Riyadh, and reports say it could be announced as early as Thursday. The effort comes after the Houthis imposed a maritime blockade on the kingdom on 20 July and amid reports that they may seek to levy tolls on vessels passing through the Bab al-Mandeb Strait.The latest reporting says dozens of countries have been invited to join, although the membership... [Continue Reading]
360LiveNews | 30 Jul 2026 11:59 LONDON
US strikes on Iran's Qeshm island as retaliation reports spread across the region
The United States Central Command said it struck dozens of Islamic Revolutionary Guard Corps targets in Iran overnight, in a major escalation that followed an Iranian ballistic missile attack on a US base in Jordan. Reports from Iran said explosions were heard in several southern provinces, including on Qeshm Island, Bushehr, Kish, Abadan and Kazerun. The latest accounts also point to suspected retaliatory activity beyond Iran, with Jordan intercepting missiles and Kuwait and Egypt reporting incidents.CENTCOM said the operation hit military command centres, missile and drone facilities, coastal surveillance and defence sites, and maritime capabilities. It did not give exact... [Continue Reading]
360LiveNews | 30 Jul 2026 11:30 LONDON
Shell profits double as oil prices rise after Iran war disrupts energy supplies
Shell has reported a sharp rise in second-quarter profits after the Iran war pushed up oil prices and disrupted global energy supplies. The company said earnings for the April-to-June period reached $9.84bn, more than double the $4.26bn recorded a year earlier. The increase came as the conflict affected flows of oil and liquefied natural gas through the Strait of Hormuz, a key route for global energy shipments.Chief executive Wael Sawan said Shell's operational performance had delivered very strong results during what he described as another quarter of severe disruption in global energy markets. The company also said its first-half earnings... [Continue Reading]
360LiveNews | 30 Jul 2026 09:09 LONDON
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Sanctioned Iranian oil transfer activity continues off Malaysia's Eastern Outer Port Limits
Satellite tracking has shown the Iranian crude tanker Humanity moving into waters off Malaysia's Eastern Outer Port Limits and then switching off its automatic identification system, or AIS. The vessel had travelled through the Strait of Malacca and Singapore before veering northeast toward the Malaysian coast, according to the supplied material. Maritime security analysts say the pattern is consistent with preparations for a ship-to-ship transfer of Iranian oil.The tanker is described as a 330-metre crude carrier that reached the Eastern Outer Port Limits, a 1,200-square-kilometre anchorage area in the South China Sea about 70km off the coast. The supplied material... [Continue Reading]
360LiveNews | 30 Jul 2026 08:32 LONDON
Europe opens higher as DAX and FTSE jump on oil surge, weaker dollar and firmer gold
Executive summary: European equities opened with a broad risk-on tone, led by a sharp advance in Germany and the UK, while Brent crude, gold and the euro all moved higher. The DAX rose 2.8% and the FTSE 100 gained 2.6%, even as the wider Euro Stoxx 50 slipped modestly. The move comes against a backdrop of higher oil prices, a softer dollar and a market mood shaped by global rate and geopolitical uncertainty. [Continue Reading]
360LiveNews Markets Intelligence | 30 Jul 2026 08:15 LONDON
Tokyo and Asia-Pacific close mixed as Nikkei and Kospi slump, Hang Seng and ASX 200 rise
Executive summary: Asia-Pacific trading ended sharply mixed, with Japan and South Korea under heavy pressure while Hong Kong and Australia posted gains. The Nikkei 225 fell -4.2% and the Kospi dropped -21.4% in the supplied data, while the Hang Seng rose +2.7% and the ASX 200 added +1.5%. WTI crude climbed +3.7%, gold edged higher, and the yen and yuan both strengthened modestly against the dollar. [Continue Reading]
360LiveNews Markets Intelligence | 30 Jul 2026 07:45 LONDON
Japan turns to Canadian crude as Hormuz supply fears hit Asia
Japan is importing Canadian crude as Asian buyers respond to supply fears linked to the Strait of Hormuz. The latest shipment of Trans Mountain pipeline crude is headed to Japan, according to the supplied material, marking the first such cargo since 2025. The move comes as uncertainty over oil flows through the Gulf continues to reshape buying patterns across the region.The cargo was loaded in Vancouver on Wednesday on the Marshall Islands-flagged vessel Freedom Glory, which can carry up to 750,000 barrels of crude. The ship was chartered by Exxon Mobil, and the cargo was bought by Japan's largest refiner,... [Continue Reading]
360LiveNews | 30 Jul 2026 03:29 LONDON
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Bank of England expected to hold rates at 3.75% for fifth meeting
The Bank of England is expected to keep interest rates unchanged at 3.75% when policymakers announce their latest decision at 12:00 BST. That would mark a fifth consecutive hold and leave the benchmark rate at its lowest level since February 2023. The decision comes as the Monetary Policy Committee continues to weigh inflation that remains above target against a global outlook that remains uncertain.The committee meets eight times a year and its decisions affect borrowing costs for mortgages and loans, as well as returns for savers. The current expectation is for no change, with few analysts predicting any short-term move... [Continue Reading]
360LiveNews | 30 Jul 2026 01:32 LONDON
Tokyo Opens to a Sharp Risk-Off Shock as Nikkei Slides, Kospi Breaks Down and Gold Firms
Executive summary: Asia-Pacific markets opened under heavy pressure, led by a steep drop in Japan and an extreme selloff in South Korea. The Nikkei 225 fell -4.9% and the Kospi was down -20.2% versus the supplied prior level, while Hong Kong and Australia moved higher. Gold rose +1.8% and WTI crude fell -5.7%, pointing to a market that is rotating away from cyclicals and toward defensive assets amid a broader cross-asset shock. [Continue Reading]
360LiveNews Markets Intelligence | 30 Jul 2026 01:15 LONDON
Iraq condemns Saudi-US strikes as sovereignty row deepens after at least 20 PMF deaths
Iraq's National Security Council has condemned Saudi-US strikes on Iran-backed Popular Mobilisation Forces targets, calling the attacks a violation of sovereignty and international law. The council said the strikes hit PMF bases in seven Iraqi provinces and killed at least 20 members of the paramilitary group. Prime Minister Ali al-Zaidi also cancelled his first official trip to Saudi Arabia in protest.The council meeting, chaired by Mr al-Zaidi, described the strikes as a "flagrant violation of Iraq's sovereignty and the sanctity of its lands". It said any breach of Iraq's security would not be tolerated, and accused the attacks of hindering... [Continue Reading]
360LiveNews | 30 Jul 2026 00:59 LONDON
Wall Street closes sharply lower as tech rout deepens, Tesla and Nvidia lead the selloff
Executive summary: Wall Street ended the session under heavy pressure, with the Nasdaq Composite down -4.9% and the S&P 500 off -2.4% as a broad unwind hit technology, AI chips and growth-sensitive names. Tesla plunged -20.2%, Nvidia fell -10.4%, and the SOXX chip ETF sank -16.3%, while Apple rose +3.8% and defensive pockets such as gold, platinum, banks and defence stocks held up better. The move came alongside weaker crude, natural gas and a softer risk tone in bitcoin, underscoring a rotation away from the market’s most crowded growth trades. [Continue Reading]
360LiveNews Markets Intelligence | 29 Jul 2026 21:15 LONDON
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Day News Recap: Iran strikes, Japan quake toll rises, and Europe faces wildfire heat
President Donald Trump has threatened a major escalation against Iran after renewed attacks on US military sites in the Middle East, as Washington said it intercepted missiles and then joined strikes with Israel on Iraq-linked groups. Iran’s Revolutionary Guard said it fired ballistic missiles at US installations in Jordan, while the US military also weighed restricting phone use for troops there over fears Iran could exploit social media and footage. 🔗 🔗 🔗 🔗The White House diplomacy around the crisis continued as Trump met Israeli Prime Minister Benjamin Netanyahu in Washington, with tensions over Gaza, Iran and Israel’s military presence... [Continue Reading]
360LiveNews Recap | 29 Jul 2026 18:23 LONDON
Europe closes higher as FTSE 100 hits record, oil and autos slide on sharp Brent reversal
Executive summary: European equities finished broadly higher, led by the FTSE 100, DAX and CAC 40, while Brent crude, natural gas and global autos sold off sharply. The session was shaped by a powerful drop in oil, a softer pound, a firmer dollar against the euro, and a mixed precious-metals backdrop with gold flat and silver weaker. The scale of the Brent move stood out as the clearest cross-asset signal, with implications for energy, transport and inflation-sensitive sectors. [Continue Reading]
360LiveNews Markets Intelligence | 29 Jul 2026 16:45 LONDON
US tightens restrictions on Chinese robots and power inverters over security concerns
The Federal Communications Commission has moved to restrict new imports of Chinese-made humanoid robots, robot dogs and power inverters, citing cybersecurity and national-security risks. The rules took effect immediately and apply only to models that have not yet been authorised for sale in the United States. The action adds these products to the agency's list of equipment prohibited on national-security grounds.The FCC said the devices could create supply-chain vulnerabilities and disrupt US economic and national security if foreign actors were able to compromise or control them. Power inverters are used to connect solar panels, batteries and other electricity sources to... [Continue Reading]
360LiveNews | 29 Jul 2026 15:59 LONDON
Wall Street Opens Mixed as AI Chips Slide, Energy Eases and Defense Leads Early Rotation
Executive summary: U.S. markets opened with a sharp split at 9:40 a.m. New York time, as the Nasdaq and S&P 500 fell while the Dow held a small gain. The biggest early move was a steep drop in AI and chip stocks, while defense shares, banks and some non-tech defensives outperformed. Crude oil and natural gas also fell hard, helping ease energy pressure, while gold was little changed and Bitcoin edged higher. [Continue Reading]
360LiveNews Markets Intelligence | 29 Jul 2026 14:45 LONDON
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Iraq Eyes Supplying Turkey With 1 Million Oil Barrels a Day Amid Hormuz Crisis
Iraq is considering a major increase in oil supplies to Turkey, with a target of up to 1 million barrels a day, according to the supplied report. The proposal comes as concern grows over the security of the Strait of Hormuz, a key route for global energy shipments. The development points to efforts by Iraq to position itself as a more significant supplier in regional energy trade.The report gives the figure of 1 million barrels a day as the scale Iraq is eyeing for deliveries to Turkey. It does not provide a timetable for when such flows could begin, nor... [Continue Reading]
360LiveNews | 29 Jul 2026 13:02 LONDON
Noontime News Recap: Japan quake death toll rises as Europe wildfire risk and Asia tech shares slide
Japan is in a second day of rescue work after a magnitude 7.1 earthquake hit southern Japan and killed at least 13 people, with emergency crews searching rubble in the Kumamoto area of Kyushu and assessing damage to homes and a mall. 🔗 🔗In Europe, France and Spain are battling intensifying wildfires as evacuations rise and officials warn that climate adaptation needs to accelerate, with a new heatwave set to push temperatures into the high 30s and low 40s Celsius and raise the risk of further blazes. 🔗 🔗The Russia, Ukraine war continued to spread damage overnight, with Russian authorities... [Continue Reading]
360LiveNews Recap | 29 Jul 2026 12:24 LONDON
Breakfast News Recap: Japan quake death toll rises as Middle East tensions flare and markets turn risk off
Japan’s Kumamoto prefecture is dealing with the aftermath of a powerful earthquake that has killed at least 13 people, with rescuers still searching for those trapped in a collapsed shopping mall and other damaged buildings. Officials said the quake was followed by an aftershock and an explosion at the mall, adding to the scale of the emergency. 🔗In the Middle East, the United States and Saudi Arabia carried out strikes in Iraq against Iran backed groups after Washington said it intercepted an Iranian missile barrage aimed at US personnel. Iran’s Revolutionary Guard also said it fired ballistic missiles at a... [Continue Reading]
360LiveNews Recap | 29 Jul 2026 08:42 LONDON
Taiwan suspends Papua New Guinea LNG purchases amid diplomatic dispute
Taiwan has suspended some liquefied natural gas purchases from Papua New Guinea in response to an escalating diplomatic dispute over its representative office in Port Moresby. The move affects spot-market imports and comes after Papua New Guinea said it would shut Taiwan's de-facto embassy. Taiwan has not said it will end its long-term gas contract with the Pacific nation.The dispute intensified after Papua New Guinea's foreign minister, Justin Tkatchenko, announced earlier this month that the office would be closed in recognition of the country's One China policy. Taiwan rejected the decision as unilateral and said its officials would remain at... [Continue Reading]
360LiveNews | 29 Jul 2026 08:32 LONDON
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Europe Opens Higher as Energy Slides, Autos Lag, and Rate-Sensitive Assets Reprice
Executive summary: European equities opened firmly higher, led by gains in the CAC 40, FTSE 100, DAX and Euro Stoxx 50, while Brent crude fell sharply and natural gas also weakened. The move points to a broad relief bid for European stocks, helped by lower energy costs, but autos underperformed and gold eased as the dollar and rate expectations stayed in focus. [Continue Reading]
360LiveNews Markets Intelligence | 29 Jul 2026 08:15 LONDON
Australia confirms fuel excise relief will end at midnight Sunday amid oil-price pressure
Australia has confirmed that its temporary fuel excise relief will end at midnight on Sunday, with motorists set to lose the discount from Monday. Treasurer Jim Chalmers said the measure was never intended to be permanent, and the government said it had been introduced in April to help drivers facing price shock linked to the war in Iran. The Heavy Vehicle Road User Charge discount will also end on Monday.The original relief cut fuel excise by 32 cents a litre, or 50%, before being reduced to 16 cents from July as part of a planned taper. Treasury has warned that... [Continue Reading]
360LiveNews | 29 Jul 2026 05:34 LONDON
India condemns attacks on vessels in Strait of Hormuz as casualties reported
India has expressed deep concern over renewed violence in West Asia and condemned recent attacks on maritime vessels transiting the Strait of Hormuz. Speaking at a United Nations Security Council open debate on the Middle East, India's Permanent Representative, Ambassador Parvathaneni Harish, called for immediate de-escalation of tensions. He said the resumption of attacks after a brief pause was deeply concerning and urged the restoration of unimpeded navigation and trade through international waterways.Harish said India strongly condemned attacks on several vessels, including GFS Galaxy, MT Al Bahiyah and MT Mombasa, which were struck during transit through the Strait of Hormuz... [Continue Reading]
360LiveNews | 29 Jul 2026 05:29 LONDON
US Senate clears Russia sanctions bill targeting oil buyers with tariffs
The US Senate has cleared legislation that would impose tariffs of up to 100% on the top five buyers of Russian oil and energy products. The move marks a further step in a long-stalled bipartisan effort to increase pressure on Moscow over the war in Ukraine. India is among the countries identified as directly affected by the proposal.The bill was authored by the late Senator Lindsey Graham and was advanced on the day of his Washington funeral, adding political weight to the vote. In a joint statement, Republican and Democratic senators said the agreement was intended to stop purchasers of... [Continue Reading]
360LiveNews | 29 Jul 2026 04:35 LONDON
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Turkiye and Iraq announce new energy cooperation tied to Kirkuk oilfield stake
Turkiye and Iraq have announced a new energy cooperation framework that includes a Turkish stake in the Kirkuk oilfield and a possible increase in Iraqi oil supplies to Turkiye. The announcement was made in Ankara during a joint news conference between Turkish President Recep Tayyip Erdogan and Iraqi Prime Minister Ali al-Zaidi. It comes as the long-running Iraq-Turkiye crude oil agreement expired on 27 July.Erdogan said state-owned Turkish Petroleum will acquire a 15% stake in BP Energy Company of Kirkuk Limited under a separate share-transfer agreement. He also said al-Zaidi had offered to supply Turkiye with up to 1 million... [Continue Reading]
360LiveNews | 29 Jul 2026 03:00 LONDON
Tokyo Opens With Sharp Risk-Off Tone as Nikkei Slides, Kospi Extends Rout and Oil Retreats
Executive summary: Tokyo and broader Asia-Pacific markets opened under heavy pressure, led by a steep drop in Japan and an even larger selloff in South Korea. The Nikkei 225 fell -5.6% to 62,734.68, while the Kospi plunged -11.4% to 6,023.66. The move came alongside a sharp drop in WTI crude, down -11.0%, and weaker natural gas, while the Australian market held up with the ASX 200 up +1.4%. The yen weakened against the dollar, gold eased, and Hang Seng futures opened firmer, underscoring a mixed but clearly risk-sensitive regional tone. [Continue Reading]
360LiveNews Markets Intelligence | 29 Jul 2026 01:15 LONDON
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Japan Kumamoto earthquake as USGS revises magnitude and aftershock hits Kyushu
Emergency crews in Japan's Kumamoto prefecture were still assessing damage on Tuesday night after a strong earthquake struck the southwestern island of Kyushu and triggered collapses, fires and power cuts. The quake hit at 4:30pm local time and was initially reported as magnitude 7.1 before the US Geological Survey later revised it to 6.8. A tsunami advisory was issued immediately after the tremor and later lifted.The epicentre was near the coastal city of Uto, about 48km southwest of Kumamoto City, according to the USGS. Public broadcaster NHK reported a magnitude 4.1 aftershock just after midnight on Wednesday, adding to concerns... [Continue Reading]
360LiveNews | 28 Jul 2026 23:29 LONDON
Wall Street closes mixed as Nasdaq and S&P 500 slide, Tesla and chips lead the selloff while Dow outperforms
Executive summary: U.S. stocks finished sharply mixed, with the Nasdaq Composite down -3.7% and the S&P 500 off -1.1%, while the Dow Jones rose +1.0%. The day was defined by a heavy rotation out of technology and AI-linked names, led by Tesla’s -18.9% plunge and a broad slide in chip stocks, even as banks and defense shares gained. Commodities also moved sharply, with WTI crude down -14.1%, reinforcing the sense of a fast reset in risk appetite. [Continue Reading]
360LiveNews Markets Intelligence | 28 Jul 2026 21:15 LONDON
Day News Recap: Japan quake, Middle East tensions and Europe wildfires dominate a crowded day
A powerful earthquake struck Kumamoto prefecture in southwest Japan, causing building collapses, damage to a shopping centre and the historic castle, with deaths feared and dozens injured as rescue teams searched a damaged mall and power outages spread across the region. 🔗Separate reports said the quake measured 7.1, triggered tsunami warnings and emergency alerts across southern Japan, and left at least 50 people injured as crews worked to reach those trapped inside the shopping centre. 🔗 🔗In the Middle East, tensions around Iran and the wider Red Sea route remained high. Donald Trump publicly rebuked Benjamin Netanyahu over reports of... [Continue Reading]
360LiveNews Recap | 28 Jul 2026 18:24 LONDON
Europe closes mixed as FTSE and DAX surge on a sharp oil slide, while Euro Stoxx 50 lags
Executive summary: European equities ended the session with a split picture, led by a strong rally in the FTSE 100 and DAX, while the Euro Stoxx 50 slipped modestly. The biggest cross-asset move was in energy, where Brent crude fell sharply, alongside weaker natural gas, a combination that helped support risk assets and pressured energy-linked pricing. FX was comparatively calm, with EUR/USD unchanged and sterling softer against the dollar. [Continue Reading]
360LiveNews Markets Intelligence | 28 Jul 2026 16:45 LONDON
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Iraqi PM visits Turkiye for talks on oil pipeline, water and security
Iraqi Prime Minister Ali al-Zaidi is in Turkiye with a senior delegation for talks focused on strategic cooperation, security, water and the economy. It is his first visit to the neighbouring country since taking office in May. The trip comes as Baghdad seeks to secure its energy interests and manage wider bilateral issues with Ankara.Government spokesman Haider al-Aboudi said the discussions would cover strategic cooperation alongside security, water and economic matters. A source from Iraq's Ministry of Oil said a technical delegation had arrived in Ankara late last week to try to finalise a one-year extension of the existing oil-export... [Continue Reading]
360LiveNews | 28 Jul 2026 15:35 LONDON
Wall Street Opens Mixed as Oil Slides, Tech Sells Off and Defense Leads the Tape
Executive summary: U.S. markets opened with a sharp split at 9:40 a.m. New York time, as a steep drop in crude oil and a heavy selloff in technology and chip shares pressured the Nasdaq and S&P 500, while defense stocks and banks outperformed. The move reflects a broad rotation out of growth and energy-linked risk, with Bitcoin also softer and the dollar firmer against the yen. [Continue Reading]
360LiveNews Markets Intelligence | 28 Jul 2026 14:45 LONDON
Iran economy still holding despite war, sanctions and blockade
Iran's economy is still functioning despite five months of war with the United States, according to a fresh analysis of the country's sanctions-hit financial system. The assessment says millions of people and businesses are absorbing severe economic shockwaves, but that the economy remains far from collapse. It points to Tehran's long-standing push for self-sufficiency, as well as informal trade and shadow oil transfers, as key reasons the system has not broken down.The analysis says Iran has built a relatively diversified domestic economy for a major oil exporter over decades of confrontation with the United States, Israel and Western governments. Water-intensive... [Continue Reading]
360LiveNews | 28 Jul 2026 14:01 LONDON
Magnitude 7.1 earthquake off Kyushu triggers tsunami warning as alerts spread across southern Japan
A preliminary magnitude 7.1 earthquake struck off Japan's southern main island of Kyushu on Tuesday, prompting a tsunami warning and emergency earthquake alerts across several prefectures. The Japan Meteorological Agency said the quake's epicentre was about 10 kilometres beneath the seabed, and the tremor was felt in Kumamoto Prefecture. Officials warned that waves of up to 1 metre could reach coastal areas along the Ariake Sea and the Yatsushiro Sea.The warning covered Kumamoto, Nagasaki, Kagoshima, Fukuoka, Saga, Oita and Miyazaki prefectures, all on Kyushu. Residents in coastal areas were urged to move to higher ground and follow official evacuation instructions.... [Continue Reading]
360LiveNews | 28 Jul 2026 09:00 LONDON
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Breakfast News Recap: US Iran talks hold as wildfires spread and Ukraine, Middle East tensions flare
Washington and Tehran are still talking despite the conflict remaining volatile, with Donald Trump saying the two sides are having good talks and that a deal may still be possible, even as drone attacks have hit neighbouring states and the pause in strikes has held for a third day. Qatar and Pakistan are also trying to revive ceasefire diplomacy behind the scenes. 🔗 🔗 🔗The wider US Iran confrontation has already run through 13 nights of strikes and retaliation, with reports of attacks on Iranian civilian infrastructure and counter strikes across the Gulf. A separate video reportedly released in Iran... [Continue Reading]
360LiveNews Recap | 28 Jul 2026 08:40 LONDON
Europe opens higher as oil slump eases inflation pressure, FTSE jumps above 10,800
Executive summary: European equities opened firmer, led by a sharp rise in the FTSE 100 and gains in the DAX, while Brent crude plunged more than 14% and natural gas also fell. The move points to a softer inflation backdrop for Europe, even as the euro and sterling weakened against the dollar and the broader Euro Stoxx 50 and CAC 40 slipped. Gold was little changed, while industrial metals and ether posted modest gains. [Continue Reading]
360LiveNews Markets Intelligence | 28 Jul 2026 08:15 LONDON
Asia-Pacific markets close mixed as Tokyo slumps, oil rout eases inflation pressure and Australia outperforms
Executive summary: Asia-Pacific trading ended sharply mixed, with Tokyo and Seoul under heavy pressure while Australia and Hong Kong held up better. The biggest cross-asset move was a steep drop in WTI crude, which helped ease some inflation concerns but also signaled a fast repricing in energy markets. The Nikkei 225 and Kospi both fell more than 5%, while the ASX 200 rose 1.8% and the Hang Seng edged higher. [Continue Reading]
360LiveNews Markets Intelligence | 28 Jul 2026 07:45 LONDON
Red Sea blockade worsens Asia's energy crisis as oil supplies come under pressure
Governments across Asia are scrambling to secure oil supplies after Yemen's Houthis launched a blockade of Saudi Arabian shipping through the Bab al-Mandab strait. The move has added fresh pressure to an already strained regional energy market, with the Red Sea now facing another major disruption to maritime trade. The chokepoint sits at the southern entrance to the Red Sea and is a key route for oil moving from the Gulf toward Asia.The reported blockade comes as Japan, South Korea, the Philippines, Thailand and Indonesia remain heavily dependent on Middle East oil, with some countries relying on the region for... [Continue Reading]
360LiveNews | 28 Jul 2026 03:00 LONDON
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Australia Treasury warns Middle East war could worsen economic pressure
Australia's Treasury has warned that the economic risks from the continuation of the war in the Middle East are increasing. The warning comes as the federal government weighs whether to extend fuel excise relief into August. It also lands just days before the latest inflation figures are due, ahead of the Reserve Bank of Australia's next board meeting.Treasurer Jim Chalmers has said the government is monitoring developments closely and has not ruled out extending the discount on petrol and diesel. The current relief, worth about 16 cents per litre, is due to end on Sunday after a previous three-month cut... [Continue Reading]
360LiveNews | 27 Jul 2026 21:05 LONDON
Germany approves nearly €800m in arms export licences to Israel, with focus on submarine project
Germany has approved almost €800 million in arms export licences to Israel in the first five months of 2026, according to a reply from the Federal Foreign Office to a parliamentary question from the far-right Alternative for Germany party. The approvals were concentrated in April and May, and the government said more than 60% of the value was tied to a single unnamed major maritime project. The scale and timing of the licences mark a sharp rise in permissions after a slower period earlier in the year.The government confirmed that the total approved in the first five months of 2026... [Continue Reading]
360LiveNews | 27 Jul 2026 09:02 LONDON
Trump posts fake images suggesting tanker seizure and strike on Iran's Kharg terminal
US President Donald Trump has posted a series of AI-generated images on his Truth Social platform that appear to show a US seizure of an Iranian oil tanker and a strike on Iran's Kharg Island oil export terminal. One image shows Trump standing on a tanker with a US flag, while another depicts fighter jets bombing the Kharg facility. The posts were shared as tensions between the US and Iran remain elevated, with maritime operations and military activity continuing in the region.The Kharg terminal is a major export point for Iranian oil and is described in the supplied material as... [Continue Reading]
360LiveNews | 27 Jul 2026 00:29 LONDON
Kazakhstan cuts oil output after drone attacks shut key Black Sea export terminal
Kazakhstan has said drone attacks forced its main Black Sea oil export terminal to shut down, disrupting a key route for the country's crude shipments. The move has also led the country to cut oil production, according to the supplied report. The disruption comes as the war between Russia and Ukraine continues to affect energy infrastructure and shipping routes in the wider region.The affected exports move through the Caspian Pipeline Consortium route, which carries Kazakh crude westward to the Russian Black Sea port of Novorossiysk. The report says the terminal closure followed drone attacks blamed on Ukraine, though the supplied... [Continue Reading]
360LiveNews | 26 Jul 2026 19:03 LONDON
Oil tanker explodes in the Strait of Hormuz after hitting naval mine
An oil tanker has exploded in the Strait of Hormuz after colliding with a naval mine outside a navigation route designated by Iran, according to state-affiliated reports cited on Sunday. The incident took place in the strategic waterway that links the Gulf to the open ocean and carries a large share of the world's seaborne oil trade. No casualty figures, vessel identity or damage assessment have been confirmed so far.Tasnim news agency reported that the tanker had drifted away from the shipping lane specified by Iranian authorities before striking the mine. Mehr news agency, citing an informed source, gave the... [Continue Reading]
360LiveNews | 26 Jul 2026 15:30 LONDON
Eighteen missing after Vietnamese cargo ship sinks in South China Sea
A Vietnamese cargo ship has sunk in the South China Sea, leaving 18 people missing and prompting a joint search effort by Chinese and Vietnamese authorities. The vessel went down on Friday evening, according to the supplied report, and rescue operations were still under way on Sunday. All 62 people aboard were Vietnamese nationals.Chinese authorities said they first became aware of the incident about 24 hours later, after detecting the ship's distress flare on Saturday evening. By that point, 44 people had already been rescued. China has dispatched six vessels and a rescue helicopter, while Vietnam has sent a ship... [Continue Reading]
360LiveNews | 26 Jul 2026 14:34 LONDON
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Abandoned Cliff Head oil platform off Dongara sparks cleanup dispute after owners enter administration
An abandoned oil platform off the coast of Dongara in Western Australia has become the focus of a dispute over who will pay for its cleanup and decommissioning. The Cliff Head platform, which has operated since 2006, now sits idle about 11 kilometres offshore after its owners entered voluntary administration in July. Local fishers and conservation groups are urging the federal government to act before the structure poses a risk to crayfishing grounds and marine life.Pilot Energy had been working with Triangle Energy on plans to repurpose the platform, but both companies went into administration in July. The combined value... [Continue Reading]
360LiveNews | 26 Jul 2026 01:29 LONDON
Saudi Arabia and Houthis exchange fire as Jazan refinery strike is claimed
The Houthis have claimed a missile strike on the Saudi city of Jazan, with social media footage appearing to show the Saudi Aramco refinery in the area being hit. The claim came after Saudi Arabia carried out airstrikes on Houthi targets in Yemen's port city of Hodeida and on a nearby island, following the group's announcement of a maritime blockade in the Red Sea. Saudi authorities issued emergency alerts for Jazan province after the reported attack, but no official damage assessment was confirmed in the supplied material.According to the rows provided, the Houthis said on Telegram that a Yemeni missile... [Continue Reading]
360LiveNews | 25 Jul 2026 11:59 LONDON
Australian Labor conference rejects Gaza debate push and adopts platform
Australian Labor delegates have adopted the party's Israel and Palestine platform without a floor fight at the end of the party's 50th national conference in Adelaide. The move came after Labor MP Ed Husic failed to secure enough support to debate his proposed amendment on Gaza. The newly adopted platform will guide party policy for the next three years.Mr Husic's push sought to add language acknowledging a United Nations inquiry that found Israeli authorities had deliberately targeted Palestinian children, resulting in genocide and atrocity crimes in the Gaza Strip and war crimes in the West Bank. According to the conference... [Continue Reading]
360LiveNews | 25 Jul 2026 07:33 LONDON
Indian Embassy Confirms All 28 Crew Safe After Attack on LPG Tanker Disha in Iranian Waters
The Indian Embassy in Tehran has confirmed that all 28 Indian crew members aboard the Mozambique-flagged LPG tanker Disha are safe after the vessel came under attack in Iranian territorial waters. The incident took place earlier on Friday, according to the embassy's statement. The vessel is identified as IMO 8818219.In its statement, the embassy said it was aware of the attack and had been in close contact with the relevant authorities. It said it had confirmed the safety of the Indian crew members and was continuing to monitor the situation. The embassy also said it remained in touch with Iranian... [Continue Reading]
360LiveNews | 24 Jul 2026 18:37 LONDON
Ukraine drone strikes on Wildberries warehouses across Russia intensify as fires and losses mount
Ukrainian drone strikes on Wildberries warehouses across Russia have intensified, with the latest reporting saying at least nine sites have been hit over four of the past seven days. The attacks have caused major fires at logistics centres from southern Russia to the outskirts of St Petersburg, including a warehouse in Shushary near the city that caught fire on Friday morning. The campaign has also killed at least nine people and destroyed large volumes of merchandise stored for sale by independent merchants.The supplied material says the targeted sites together cover about 552,000 square metres, or roughly one tenth of Wildberries'... [Continue Reading]
360LiveNews | 24 Jul 2026 13:59 LONDON
Trump ties Saudi nuclear deal to Abraham Accords as White House says condition was raised earlier
The White House has said Donald Trump had already told Saudi Arabia that a civilian nuclear deal would depend on the kingdom recognising Israel and joining the Abraham Accords. Press Secretary Karoline Leavitt said the president was "always the final dealmaker" and that he had made clear the agreement would be off if Riyadh did not join the normalisation framework. The comments came after Trump posted that the deal would be "totally subject" to Saudi Arabia joining the accords, adding fresh uncertainty to a pact announced only a day earlier.The latest remarks deepen the diplomatic pressure around an agreement that... [Continue Reading]
360LiveNews | 24 Jul 2026 02:03 LONDON
UN envoy warns Houthi Red Sea attacks could drag Yemen back into war
The United Nations envoy for Yemen has warned that renewed Houthi attacks on Red Sea shipping risk pushing the country back toward full-scale war. Hans Grundberg said he was alarmed by the resumption of attacks by the Houthis, also known as Ansar Allah, on commercial vessels and urged talks to resolve Yemen's crisis. He said escalatory actions could deepen the suffering of the Yemeni people and pull Yemen further into an already volatile regional environment.Grundberg said it was still possible to change course and move toward negotiations that address Yemen's political, economic and security challenges. He added that a negotiated... [Continue Reading]
360LiveNews | 24 Jul 2026 02:01 LONDON
India's DRDO conducts first flight test of Kusha long-range surface-to-air missile
India's Defence Research and Development Organisation has carried out the first flight test of the Kusha long-range surface-to-air missile at APJ Abdul Kalam Island off the coast of Odisha. The test was described by the Ministry of Defence as successful, with the missile intercepting an electronic target that simulated a high-speed, high-altitude aerial threat. The launch marks a new step in India's effort to build an indigenous long-range air defence capability.According to the official statement, the maiden test took place on Thursday and was monitored by Defence Secretary and Secretary, Department of Defence R&D, and Chairman of DRDO, Rajesh Kumar... [Continue Reading]
360LiveNews | 24 Jul 2026 00:03 LONDON
Yemen announces resumption of oil exports after long halt
Yemen's leadership has announced that oil exports are set to resume after a halt that began in late 2022, in a move the government says is aimed at easing its financial crisis. The announcement was made by Rashad al-Alimi, head of the Presidential Leadership Council, and is tied to a plan to restore one of the state's main sources of foreign currency. The government says the revenues would be used to pay salaries, improve services and support economic stability.The reported restart date is July 20, according to the supplied material, although the announcement itself was reported on July 23. Yemen's... [Continue Reading]
360LiveNews | 23 Jul 2026 21:00 LONDON
Iraqi Prime Minister makes first official visit to Iran for talks on security and cooperation
Iraqi Prime Minister Ali al-Zaidi is in Tehran for his first official visit since taking office in May, with talks focused on bilateral cooperation, shared interests and regional security. The two-day trip brings him together with senior Iranian officials, including President Masoud Pezeshkian, as both sides seek to deepen ties. The visit also includes the signing of agreements and memoranda of understanding covering foreign affairs, finance, the economy and energy.According to the Iraqi News Agency, al-Zaidi and Pezeshkian oversaw the signing of the agreements in Tehran on Thursday. Al-Zaidi said Iraq would not accept hostile action against Iran by any... [Continue Reading]
360LiveNews | 23 Jul 2026 20:00 LONDON
US-Saudi nuclear deal raises proliferation concerns in Congress
Concerns are growing over the security implications of a proposed 30-year nuclear deal between the United States and Saudi Arabia. The agreement, which would see Washington transfer nuclear technology to the Gulf kingdom, has now been tabled in the US Congress for review. It comes amid warnings that the plan could intensify fears of a nuclear arms race in the Middle East.According to the supporting material, US officials say the deal is intended for civilian nuclear purposes. However, the exact terms have not been made public, and reports have raised the possibility that Saudi Arabia could be allowed to enrich... [Continue Reading]
360LiveNews | 23 Jul 2026 19:06 LONDON
Shipping disruption deepens in Hormuz and Bab al-Mandeb as tanker fire reported
Maritime insurance costs are rising sharply as disruption intensifies in the Strait of Hormuz and the Bab al-Mandeb, two waterways that are central to global energy and trade flows. Iranian sources said an explosion set a tanker ablaze in the Strait of Hormuz after it tried to travel the southern route off the coast of Oman. They also said two other vessels turned back after the blast, underscoring the immediate effect on traffic through the waterway.The Islamic Revolutionary Guard Corps said the tanker fire happened on Thursday and claimed the three ships were acting under US orders. In the same... [Continue Reading]
360LiveNews | 23 Jul 2026 15:29 LONDON
US-Iran conflict deepens as Rubio says Tehran is not serious about ceasefire deal
US Secretary of State Marco Rubio said Iran was not serious about a ceasefire deal and warned that Tehran would pay a heavy price as tensions with Washington continued. He made the remarks during the 59th ASEAN Foreign Ministers' Meeting in the Philippines, where he was asked about Iranian officials' recent rhetoric. Rubio said the price for Iran would keep rising and accused Tehran of trying to alter agreements after entering them.Rubio also responded directly to comments from Iranian Foreign Minister Abbas Araghchi, who had described Tehran's defence posture as an "eye for an eye" approach. In reply, Rubio said... [Continue Reading]
360LiveNews | 23 Jul 2026 13:31 LONDON
GAS, GOD, AND GUNS: The Secret Agenda Behind the Washington Talks and the Death of the Maritime Border
The mahogany tables of the U.S. State Department are hosting a ghost today. As official delegations from Israel and Lebanon convene for a third round of high-stakes negotiations this Friday, May 8, 2026, the air in Washington is thick with the scent of a "peace" that looks increasingly like a strategic ambush. While the world watches the diplomatic theatre, the reality on the ground in Southern Lebanon tells a story of a predatory recalibration. Prime Minister Netanyahu isn’t just looking for a ceasefire; he is aiming to hit three birds with one single, devastating stone: the annexation of land, the... [Continue Reading]
360LiveNews-Opinion | 08 May 2026 12:29 LONDON
The Great Uncoupling: Abu Dhabi’s Sovereign Gambit
The UAE’s decision to cut ties with OPEC is far more than a mere adjustment of energy policy, for it functions as a political telegram written in barrels and sent directly to the heart of the global order. For nearly six decades, Abu Dhabi operated within the rigid architecture of producer discipline, where it accepted the rituals of quotas, the formality of communiqués, and the heavy burden of collective restraint. It played the long game of oil diplomacy with a patient hand, balancing its own massive national ambitions against the gravity of cartel discipline and the delicate logic of Gulf... [Continue Reading]
360LiveNews-Opinion | 30 Apr 2026 09:50 LONDON
The Mirage of the Umbrella: The Shifting Sands of the U.S.-Israel-GCC Alliance
As I sat in a recent debate at the historic Carlton Club in London, listening to Faisal Abbas, the Editor-in-Chief of Arab News, I felt a tangible shift in the room, not because a new fact had been revealed, but because an old illusion had finally lost its last breath. The old-world order has not merely changed, it has evaporated, leaving the Gulf to realize it is no longer watching a distant fire from the safety of marble towers and air-conditioned ministries, but is instead standing directly inside the smoke. The GCC today is caught in a lethal crossfire between... [Continue Reading]
360LiveNews-Opinion | 29 Apr 2026 21:40 LONDON
The Glass Elevator to Nowhere: A World Trapped in a Chocolate Factory
As a journalist in my mid-fifties, I thought my skin had thickened to the point of being impenetrable. I have covered the rise and fall of regimes, the grinding gears of the Cold War's leftovers, and the digital revolutions that promised to unite us. I thought I had seen every trick in the political playbook. Then came Donald Trump’s 2026 foreign policy, and I realized I was not watching a statesman; I was watching a child play with a chemistry set he does not understand. The Willy Wonka of the West: Rule by Whim Walking into a press briefing lately... [Continue Reading]
360LiveNews-Opinion | 02 Apr 2026 09:44 LONDON
The Madness of Power, From Balfour to the Edge of World War Three
A Voice in the Wilderness of War: Who Still Dares to Speak Truth While Empires March There are moments in history when the world suddenly accelerates toward disaster, moments when anyone who has studied history can feel the temperature rising even before the explosions reach their peak. The current escalation in the Middle East is one of those moments. According to the facts we now see unfolding, the United States and Israel made the unilateral decision to attack Iran without the approval of the United Nations, without a global coalition mandate, and without the support of most of the international... [Continue Reading]
360LiveNews-Opinion | 06 Mar 2026 17:20 LONDON
Shadows of Fire: The Long Arc of Iran–United States Tensions
A Region on Edge: The Latest Escalation In recent months, tensions between Iran and the United States have intensified once again, fueled by disputes over regional security, nuclear development, maritime incidents in the Persian Gulf, and the broader strategic balance in the Middle East. Officials in Washington have expressed renewed concern over Iran’s uranium enrichment levels, while leaders in Tehran have accused the United States of economic warfare through sanctions and diplomatic isolation. The fragile equilibrium that followed earlier rounds of indirect negotiations appears increasingly strained, with both sides engaging in sharp rhetoric at the United Nations, reinforcing military postures... [Continue Reading]
360LiveNews-Opinion | 19 Feb 2026 08:49 LONDON
