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Aug 2026
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Double shock in global diesel market disrupts product tanker balance

Russia’s export ban and the crisis in the Strait of Hormuz are reshaping trade flows, creating new routes for cargoes and altering the outlook for the product tanker market

WSJ: Trump considers expanding strikes on Iran – Risks of operations targeting Pickaxe mountain & Kharg island

Potential seizure of Kharg Island and strike on the Pickaxe nuclear stronghold discussed during Tuesday night Situation Room meeting – Diplomatic de-escalation remains on Trump’s mind

Vance: The clash between hardliners and pragmatists in Iran has led to another escalation

The U.S. vice president believes that the two sides will return to the negotiating table, but there will be setbacks - He admits that he “wasn’t the most enthusiastic” about the war with Iran

Argentina players display Falkland islands banner after reaching World Cup Final, risk heavy FIFA sanctions

The team was previously punished for a similar display in 2014 – The dispute over the Falkland Islands, known in Argentina as the Malvinas, has endured for decades

US & Iran tear up MoU as hostilities escalate across land, air & sea

Fighting spreads across the Middle East, with the Strait of Hormuz at the center and global shipping under severe pressure

Trump wants to send ICE back onto the streets: “One of the most important tools in the fight against crime”

The U.S. Department of Homeland Security (DHS) temporarily halted ICE traffic stops yesterday, a day after the death of a Colombian man

NYC Immigrant Enclaves Map sparks backlash against Mayor Mamdani for omitting the historic Greek Community in Astoria, Little Italy & other areas

Critics have attributed the map’s emphasis on other enclaves like Little Egypt, Little Yemen, and Little Palestine to Mayor Mamdani’s Muslim background

Emergency UN Security Council meeting on Iranian flights to Yemen – Call for de-escalation

Athens calls for full respect for Yemen’s sovereignty and airspace – The UN Security Council extends the reporting requirement on Houthi attacks in the Red Sea – Greece and the United States jointly drafted the resolution

Citizens take legal action over planned giant Chinese embassy in London amid fears of espionage and targeting of dissidents

China’s plans to build an embassy at Royal Mint Court, a two-century-old site near the Tower of London, were approved in January as part of efforts to improve relations between the two countries

Coalition of the Willing: Kyiv to purchase 16 Rafale fighter jets and air defence systems

Ukraine has also been granted licences to manufacture missiles, while the planned multinational force will begin military exercises in neighbouring countries in the coming months

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