Morning Edition · Sunday, June 28, 2026
Markets
Oil Risk Returns to the Strait of Hormuz as US-Iran Strikes Enter a Fourth Day
Renewed fighting threatens one of the world's most important oil passages, even as Tehran says traffic could return to normal within a month.
Geopolitics
US-Iran Ceasefire Frays as Both Sides Trade Strikes and Blame
Four days of attacks and mutual accusations of violations have left a negotiated truce close to collapse.
Tech
BIS Warns AI Spending Boom Could End in a Prolonged Investment Bust
The central banks' bank says weak returns on artificial-intelligence projects could trigger a sharp pullback in funding that threatens the wider economy.
Geopolitics
Ukraine Strikes Two More Russian Oil Refineries as Energy War Continues
Kyiv presses its campaign against Moscow's fuel industry while Russia says it intercepted many drones and missiles overnight.
Markets
Kazakhstan Courts Washington With Tungsten Deal, Calling Trump 'Sent by Heaven'
A Central Asian state caught between Russia and China gives US-linked investors access to one of the world's largest untapped reserves of a strategic metal.
Macro
China Removes Tariffs on 53 African Countries as It Courts the Continent
Beijing positions itself as a reliable trade partner for African growth even as Western engagement narrows.
World
Venezuela's Quake Toll Climbs With Tens of Thousands Still Missing
The United Nations puts direct physical damage at $6.7 billion as a contested government struggles to mount a relief effort.
Macro
Indonesia Plans to Cut State Companies From About 1,000 to 250
President Prabowo Subianto frames a sweeping consolidation as a drive for efficiency and transparency, while promising no layoffs.
World
Spain Adds Russia to Its Tax-Haven List and Drops Gibraltar After 35 Years
Madrid aligns its list of non-cooperative jurisdictions with the European Union's stance toward Moscow.
World
Europe's Heatwave Leaves at Least 1,000 Excess Deaths in France
A severe early-summer heat episode strains public health and exposes how few European homes have cooling.
Geopolitics
Hungary's New Government Moves to Dismantle the Orban System
An anti-corruption drive targets the media and state institutions built under the former prime minister.
Markets
Tehran's Stock Market Falls as Investors Shift Toward Gold
Iran's main share index dropped about 2 percent while gold funds rose, a domestic example of how war changes household savings.