Breakfast News Recap: Iran tensions flare as Venezuela reels from quakes and UK rescue teams deploy
US President Donald Trump has accused Iran of a “foolish violation” of the ceasefire after a cargo ship was struck in the Strait of Hormuz, and Washington released footage of strikes on Iranian missile and drone storage sites and coastal radar positions after the attack on a Singapore flagged vessel. 🔗 🔗
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In the Middle East, Israel and Lebanon signed a framework agreement in Washington that is meant to guide further negotiations, while Israeli prosecutors charged six settlers over an attack on Deir Dibwan and a mosque in the occupied West Bank. 🔗 🔗 Tens of thousands also gathered in Beirut’s southern suburbs for a major Ashura procession seen as a show of force by Hezbollah. 🔗
Venezuela is dealing with the aftermath of a rare twin earthquake, with buildings collapsed in Caracas and residents sheltering outdoors after the two powerful tremors struck seconds apart and killed nearly 1,000 people. Britain has sent a 68 person specialist search and rescue team to help with the response. 🔗 🔗
In the Americas, Utah declared a state of emergency and temporarily restricted fireworks ahead of July 4 as wildfire danger intensified across the state. 🔗 In Washington, former national security adviser John Bolton pleaded guilty in a federal classified documents case, while the UN human rights chief called for an independent probe into rising deaths in migrant detention centres in the United States. 🔗 🔗
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Trade tensions also sharpened after Trump threatened 100% tariffs on goods from countries that levy digital services taxes on American technology companies, increasing pressure on the EU trade talks. 🔗 Separately, Trump is expected to visit India in early 2027 as a trade deal nears finalisation, and India released the names of six Armed Forces personnel killed in Operation Sindoor in May 2025. 🔗 🔗
In Asia Pacific, Australia recorded its first H5 bird flu cases, with authorities warning that the global outbreak has now reached every continent. 🔗 Pakistan also reported a magnitude 5.4 earthquake at a depth of 35 kilometres, adding to a busy day for seismic news. 🔗
In Africa, the Democratic Republic of Congo has taken Rwanda to the International Court of Justice, accusing it of breaching international obligations in a long running conflict, while Burkina Faso severed diplomatic ties with France in a further sign of its break with the former colonial power. 🔗 🔗
Markets were unsettled by the Wall Street selloff, with the Nasdaq and S&P 500 falling sharply as megacap tech, chips and crypto came under pressure, while the Dow Jones and Russell 2000 held up better and commodities also weakened.
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Financial glimpse
Wall Street closed mixed, with the Nasdaq and S&P 500 lower as the tech rout deepened, while the Dow Jones and Russell 2000 held up better. [[19]]
Megacap tech, chips, crypto and several commodities sold off hard, pointing to broader risk aversion even as small caps resisted the move. [[19]]
Sources in this recap
- 🔗 UK Sends 68-Person Search Team to Venezuela After Twin Earthquakes Kill Nearly 1,000
- 🔗 Israel and Lebanon sign framework agreement in Washington as talks continue
- 🔗 Cargo ship hit in Strait of Hormuz as Trump blames Iran for ceasefire breach
- 🔗 Trump accuses Iran of ceasefire breach after Strait of Hormuz attack
- 🔗 US releases footage of strikes on Iranian sites after drone attack on ship in Strait of Hormuz
- 🔗 Utah declares emergency and restricts fireworks as wildfire danger intensifies ahead of July 4
- 🔗 Trump threatens 100% tariffs over digital services taxes, raising pressure on EU trade deal
- 🔗 Venezuela earthquake doublet leaves buildings collapsed and residents sheltering in Caracas
- 🔗 John Bolton pleads guilty in US classified-documents case
- 🔗 Israeli prosecutors charge six settlers over West Bank mosque attack
- 🔗 DR Congo takes Rwanda to international court over decades of conflict
- 🔗 Tens of thousands join Beirut Ashura procession in Hezbollah show of force
- 🔗 Australia's first H5 bird flu cases detected as virus reaches every continent
- 🔗 Trump expected to visit India in early 2027 as trade deal nears finalisation
- 🔗 India releases names of six personnel killed in Operation Sindoor
- 🔗 UN rights chief calls for probe into migrant deaths in US detention centres
- 🔗 Magnitude 5.4 earthquake strikes Pakistan, EMSC says
- 🔗 Burkina Faso severs diplomatic ties with France amid deepening rift with former colonial power
#Iran #Venezuela #tariffs #earthquakes #markets #breakingrecap #recapbreakfast



