
Proposed Strait Of Hormuz Toll Sparks Debate Over Global Trade
Debate is growing over a proposed Strait of Hormuz transit toll, with supporters citing revenue and critics warning of higher energy costs globally.

Debate is growing over a proposed Strait of Hormuz transit toll, with supporters citing revenue and critics warning of higher energy costs globally.

The CIA revisited the Revolutionary War's Culper Ring, honoring civilian spies whose intelligence operations helped secure American independence.

Trump says further strikes on Iran are planned after ceasefire efforts collapsed, increasing geopolitical risks and uncertainty across the Middle East.

Peter Schiff warns higher Treasury yields and nearly $40 trillion in U.S. debt could increase borrowing costs and pressure long-term growth.

A federal judge ruled the IRS can continue auditing Trump family tax claims, allowing federal tax oversight to proceed under existing law.

Trump formally notified Congress that military action against Iran has resumed, escalating regional tensions and renewing debate over U.S. war powers.

The U.S. dollar's share of global reserves has reached its lowest level this century as central banks diversify into other currencies and gold.

Japan's $1.8 trillion pension fund plans greater investment in private equity and real estate to diversify returns and support economic growth.

President Donald Trump has notified Congress under the War Powers Resolution, saying the United States is resuming or initiating further hostilities against Iran, as lawmakers debate the legal authority for the conflict.

Britain’s government is preparing new powers that would allow the home secretary to designate Iran’s Islamic Revolutionary Guard Corps as a threat to national security, along with two other groups, with major criminal penalties attached.

A legal adviser says the CJEU’s ruling against Hungary is a “milestone,” because the court treated the EU’s fundamental values under Article 2 as a directly enforceable legal standard—opening new paths to challenge measures that marginalise groups.

The European Union failed to agree sanctions against Patriarch Kirill after Bulgaria vetoed the proposal in closed-door talks, citing religious and cultural reasons. Bulgaria also opposed blacklisting Russian billionaire Vagit Alekperov, linked to the Kremlin via Lukoil.

Hungary’s government will amend the constitution to remove President Tamás Sulyok, a move part of Péter Magyar’s push to eliminate officials appointed under former Prime Minister Viktor Orbán. While largely ceremonial, the president signs legislation into law and can send bills to the constitutional court for review. Magyar says Sulyok refused to resign, and he plans to start “necessary procedures” to remove him, which he says would take about a month

Turkey’s foreign minister Hakan Fidan said Europe is starting to recognise the danger posed by Prime Minister Benjamin Netanyahu’s policies, describing them as a “burden” and “threat” to international security—while arguing the EU has not yet found effective ways to respond.

The US and Iran both claimed they control the Strait of Hormuz after another weekend of attacks across the wider Middle East, further endangering diplomacy to end the war and reopen the waterway.

Qatar’s former ruler Sheikh Hamad bin Khalifa Al Thani has died at 74, leaving behind a legacy of economic transformation, media innovation, and active diplomacy that elevated Qatar’s global status.

A Ukrainian investigation alleges that a Russian group called “Shield of Mothers,” linked to the FSB, uses contact with Ukrainian prisoners of war to obtain intelligence and pressure relatives into illegal actions.

The UK has formally designated Iran’s Islamic Revolutionary Guard Corps (IRGC) as a terrorist organisation, expanding its counter-terrorism powers and making it a criminal offence in the UK to support or express support for the group.

Iraqi authorities said they recovered 375 kilograms of gold linked to investigations into detained deputy oil minister Adnan Al Jumaili, as part of a wider anti-corruption crackdown. The gold haul is valued at about $50 million, officials said.

A former Iranian president, Mahmoud Ahmadinejad, has claimed Israel exploited infiltration inside Iran’s intelligence apparatus—alleging that the most senior official charged with countering Mossad was working as an Israeli agent. The accusations frame Israel’s role in Iran’s security failures as a long-running effort that reached deep into the Islamic Republic’s decision-making structure.

Turkish President Recep Tayyip Erdoğan presented NATO leaders with personalized revolvers and live ammunition after their Ankara summit, including a version reported to have a gold-plated grip for Donald Trump amid growing scrutiny over the gift.

The UK is preparing a change to counter-terrorism law that would allow ministers to proscribe state-backed organisations, with Iran’s Islamic Revolutionary Guard Corps (IRGC) widely expected to be the main target, as pressure grows following international moves to designate the IRGC.

Iranian security forces imposed movement restrictions on former president Mahmoud Ahmadinejad, after a trip, according to Iranian sources. In separate comments, Ahmadinejad also alleged that an Iranian intelligence unit tasked with countering Mossad included Israeli agents.

President Trump will deliver a national address Thursday, with investors watching for policy announcements that could influence markets and the economy.