Politics

Global Markets Rebound as Trump Signals Iran War Nearing End

Global Markets Rebound as Trump Signals Iran War Nearing End

Asian and U.S. stock markets rebounded sharply after President Trump said the Iran war is "very complete," sending oil prices from nearly $120 to around $90 per barrel. South Korea's Kospi surged over 5% after circuit breakers halted trading during Monday's steep selloff.

Trump Issues Stark Warning to Iran Over Strait of Hormuz Stability

Trump Issues Stark Warning to Iran Over Strait of Hormuz Stability

President Trump warned of massive retaliation if Iran disrupts the Strait of Hormuz, touting the security of the waterway as a strategic contribution to global energy stability. The warning follows a surge in global oil prices and record-setting U.S. airstrikes against Iranian military targets.

British MPs Reject Under-16 Social Media Ban in Decisive Commons Vote

British MPs Reject Under-16 Social Media Ban in Decisive Commons Vote

British MPs voted 307-173 against a proposed under-16 social media ban, rejecting an Australian-style prohibition backed by the House of Lords. However, the Commons approved expanded powers for the Secretary of State, keeping the door open for future restrictions through secondary legislation.

Australia Deploys Military Assets to Gulf as Iran Conflict Widens

Australia Deploys Military Assets to Gulf as Iran Conflict Widens

Australia will deploy a surveillance aircraft, 85 military personnel, and air-to-air missiles to the Gulf region in support of defensive operations against Iranian attacks. Prime Minister Anthony Albanese emphasized the mission is purely defensive, aimed at protecting 24,000 Australian citizens in the UAE.