Breakfast News Recap: Kyiv hit hard as Gaza dispute deepens and markets rally on softer oil

Russian missile and drone strikes on Kyiv and the surrounding region killed at least 15 people overnight and wounded dozens more, as authorities said the toll was still rising. The attack added to pressure on Ukraine after President Volodymyr Zelenskyy shared footage of a drone strike on a civilian vegetable seller in Kherson.  🔗  🔗

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In Gaza, Benjamin Netanyahu said Israel would not withdraw from its current lines until Hamas had completely disarmed, hardening the dispute over any ceasefire deal. The Office for the Coordination of Humanitarian Affairs said Gaza remains unsafe for civilians as Israeli attacks continue, with strikes hitting homes and other civilian sites.  🔗  🔗

Israel also approved 113 million shekels, about 37 million dollars, to take control of more than 70 historical sites across the occupied West Bank, while settlement activity there has intensified as Israel moves towards elections expected in October. The moves come amid surging violence in the territory and growing political pressure inside Israel.  🔗  🔗

Elsewhere in the Middle East, Donald Trump said a deal to reopen the Strait of Hormuz could come as soon as today or tomorrow, while warning Iran it would be hit very hard if it did not agree. Iran and Oman are still advancing talks on a draft shipping arrangement, even as Washington rejects tolls, and Iranian officials say they are using the ceasefire period to accelerate missile and drone production and repair damaged systems.  🔗  🔗  🔗

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At sea off Yemen, an Indian flagged vessel, MSV Faize Noore Oliya, sank after being hit by a projectile, though all 14 crew were rescued. In the wider region, Jordan and the United States signed a four year strategic objectives agreement worth 354.6 million dollars to deepen bilateral cooperation.  🔗  🔗

Humanitarian crises elsewhere are also worsening. The World Health Organization said the Ebola outbreak in the Democratic Republic of the Congo is still expanding and is outpacing the response, while the International Federation of Red Cross and Red Crescent Societies warned that aid funding for Sudan is falling short even as needs escalate.  🔗  🔗

In Asia and the Pacific, Taiwan began its annual Han Kuang war games, its largest exercise, with drills running until 14 August as China pressure rises. North Korea threatened additional military options after Japan test fired a United States made Tomahawk cruise missile, and India denied any role in a planned virtual speech by former Bangladesh prime minister Sheikh Hasina after Dhaka protested.  🔗  🔗  🔗

In other developments, the United States revoked the visa of Brazil's ambassador in Washington amid a widening diplomatic dispute, while UK counter terror police were warned that London based LuaLua TV may be breaching the country's new ban on support for Iran's Islamic Revolutionary Guard Corps. Kosovo also widened its wartime mass grave search after identifying a third possible site from the 1998 to 1999 conflict.  🔗  🔗  🔗

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In the Americas and the environment, a federal appeals court in Washington blocked Donald Trump's bid to cancel a 20 billion dollar climate grant programme, while Trump separately signalled a broad rollback of Endangered Species Act limits to speed energy, timber and infrastructure projects. In Australia, the Northern Territory regulator has begun prosecuting Inpex over alleged under reporting of toxic emissions at the Ichthys LNG facility.  🔗  🔗  🔗

Argentina's grain export system has been disrupted by a maritime pilots strike over a deregulation decree, adding fresh pressure on global farm trade.  🔗

Financial glimpse

Wall Street closed sharply higher, with the Nasdaq Composite up 6.9 percent as tech, chips and small caps led a broad risk rally, while crude oil fell and the dollar weakened against the yen.  🔗

Asia Pacific markets opened and then closed strongly higher, with the Nikkei surging and the Kospi jumping, as softer oil, stronger metals and a firmer risk tone lifted the region.  🔗  🔗

Europe opened higher, with the DAX, CAC 40 and Euro Stoxx 50 all advancing, while Brent crude slumped and gold surged on the softer oil narrative.  🔗

Sources in this recap

360LiveNews Recap 360LiveNews Recap | 05 Aug 2026 08:35 LONDON
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