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Time:2026-07-08T05:54:18Z

The US launched new military strikes against Iran and revoked its oil sales permit after three ships were attacked in the Strait of Hormuz, triggering Iranian retaliatory attacks across the Gulf and sending oil prices sharply higher. Russia intensified its aerial campaign against Ukraine, killing at least 22 with missile and drone strikes on Kyiv and other cities. The NATO summit in Türkiye has been reshaped by the escalating US-Iran conflict, with allies announcing a £37 billion missile project while Trump pressures members to increase defense spending.

US launches new strikes on Iran after Hormuz attacks

US launches new strikes on Iran after Hormuz attacksThe United States launched fresh military strikes against Iranian targets and revoked Iran's oil sales permit after three ships came under attack in the Strait of Hormuz. The strikes hit dozens of positions across Iran, escalating a conflict that had been relatively contained. Tehran accused Washington of violating the existing peace agreement. The Guardian, AP News, BBC, NPR, and SCMP all covered the rapid escalation.

Oil surges, Iran retaliates across the Gulf

Oil surges, Iran retaliates across the GulfOil prices surged as the US strikes reversed a slide toward pre-war levels, with markets reacting to renewed instability in the Gulf. Iran launched retaliatory attacks across the Gulf region following the latest US strikes. The New York Times reported that shipping recovery is now at risk as the conflict escalates further. The situation threatens global energy supplies and maritime trade through one of the world's most critical chokepoints.

Russian missile barrage kills 22 in Ukraine

Russian missile barrage kills 22 in UkraineRussia launched a fresh wave of missile and drone attacks across Ukraine, killing at least 22 people. Kyiv was struck for the third time in a week, underscoring the sustained intensity of Russia's aerial campaign. The Guardian reported that Ukraine is simultaneously targeting Kremlin-linked shadow tankers in response. CBC raised the question of whether Ukraine is running out of interceptors to defend against the escalating attacks.

NATO summit reshaped by US-Iran escalation

NATO summit reshaped by US-Iran escalationThe NATO summit in Türkiye, originally focused on defense spending targets, has been overtaken by the escalating US-Iran conflict. NATO allies announced a £37 billion joint missile project to bolster collective defense capabilities. The New York Times noted that allies are demonstrating to Trump their willingness to increase defense spending. China Daily reported that some member states have criticized NATO's push for higher defense budgets.

Trump pressures NATO allies on spending

Trump pressures NATO allies on spendingPresident Trump continued his pressure campaign on NATO allies to increase defense spending as the summit opened in Türkiye. The New York Times described the scene as one of drama and spectacle as Trump made his entrance. Al Jazeera reported that Trump lashed out at allies on the first day of the summit. NPR noted that the pressure campaign remains a central theme of the administration's approach to the alliance.