Morning Edition · Tuesday, July 14, 2026
Markets
Trump Orders 20 Percent Hormuz Cargo Fee as Oil Nears 85 Dollars
Brent crude added about 1.9 percent to near 84.84 dollars a barrel after rising roughly 9.6 percent the previous session. The United Arab Emirates confirmed Iranian missiles struck two of its tankers in the strait, killing one crew member.
Geopolitics
United States Strikes Targets Across Iran as Ceasefire Collapses and Hormuz Blockade Prepares to Resume
United States Central Command said its forces hit military sites across Iran and will restart the naval blockade of the Strait of Hormuz, ending the mid-June understanding that had extended the ceasefire and begun reopening the waterway. Iran says it struck United States-linked sites in three Gulf states in response.
Macro
Global Markets Brace for July Fed Rate Rise as Core Inflation Stays Firm
A June United States inflation report and the first congressional testimony of Federal Reserve chair Kevin Warsh arrive in the same week that traders raised the odds of a rate increase.
Macro
China's Monthly Vehicle Exports Pass One Million as Domestic Demand Sags
Customs data show China is now the world's second-largest importer even as retail sales and investment weaken ahead of second-quarter growth figures.
Tech
Washington Tightens Chip Controls as Huawei Expands Its Own Energy Empire
Nvidia halved its list of approved Asian buyers under United States pressure, while Huawei expanded an 11 billion dollar clean-energy business into emerging markets.
Geopolitics
European Powers Move to Build Joint Missile Shield as United States Pulls Back
The initiative signals a shift away from reliance on Washington as Ukraine struggles and United States diplomatic capacity erodes.
Geopolitics
United States Launches Campaign to Isolate International Criminal Court
The State Department is weighing travel bans, visa revocations and fresh sanctions on court officials after judges filed a complaint against Washington.
World
Ukraine Sustains Deep Strikes on Russian Refineries and Industrial Sites
A Russian envoy said Ukraine struck Russian territory up to 850 times a day over the past week as a Krasnodar refinery caught fire from a drone attack.
World
Mexico Seeks United States Criminal Charges After Migrant Deaths in Enforcement
A second fatal shooting by immigration agents in a week, this time in Maine, intensified scrutiny of the deportation campaign.
Crypto
Bitcoin Falls Below 62,400 Dollars as Rate-Hike Bets Pressure Hard Assets
Even as prices dropped, solo miners keep finding blocks, one earning about 200,000 dollars from roughly 150 dollars of equipment, a sign of network resilience.
Tech
SoftBank's Son Bets on Fusion Power to Feed Artificial Intelligence's Energy Hunger
It reflects a growing view that electricity supply, not chips alone, is becoming the binding constraint on artificial intelligence, though fusion power remains commercially unproven.
Markets
Twelve States Sue to Block Paramount's Buyout of Warner
The state attorneys general argue the merger of two Hollywood studios would eliminate competition and raise prices for consumers.