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According to the Wall Street Journal, two senior U.S. officials said that Iran's Revolutionary Guard attacked a cargo ship in the Strait of Hormuz on Thursday. This action tests the agreement signed last week between the U.S. and Iran aimed at ending

2026-06-26

According to the Wall Street Journal, two senior U.S. officials said that Iran's Revolutionary Guard attacked a cargo ship in the Strait of Hormuz on Thursday. This action tests the agreement signed last week between the U.S. and Iran aimed at ending the conflict and reopening this crucial shipping lane.

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2026-06-26

BNP Paribas economists say Japan will likely face continued inflationary pressure as import prices are expected to remain above pre–Middle East-crisis levels. Although Strait of Hormuz tensions have eased, a shift to higher-cost U.S. crude, sharply h

BNP Paribas economists say Japan will likely face continued inflationary pressure as import prices are expected to remain above pre–Middle East-crisis levels. Although Strait of Hormuz tensions have eased, a shift to higher-cost U.S. crude, sharply higher insurance premiums and a weak yen are expected to keep import costs elevated; an AI investment boom and a strong equity market should sustain domestic demand, and aggregate demand may remain robust in H2 as geopolitical uncertainty recedes.
2026-06-26

KCNA reported on June 26 that N. Korea leader Kim Jong Un observed weapons tests on June 25 focused on artillery and missile modernization. Tests included an upgraded 240mm 24-tube rocket launcher with automated fire control and indigenous precision

KCNA reported on June 26 that N. Korea leader Kim Jong Un observed weapons tests on June 25 focused on artillery and missile modernization. Tests included an upgraded 240mm 24-tube rocket launcher with automated fire control and indigenous precision guidance, range extended to 90 km; a tactical ballistic missile fitted with a "special mission" warhead said to be intended for lethal, destructive strikes on enemy airports, ports and power facilities; and a 155mm self-propelled gun trialing an extended-range projectile reaching 65 km. Kim said the tests demonstrate major technical progress in automation, range and ultra-precision.
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