Morning Edition · Friday, July 24, 2026
Markets
Oil Passes 100 Dollars as United States Strikes Iran for a 13th Night and Trump Weighs a Larger Attack
Crude rose above 100 dollars a barrel, and United States equities and Treasuries fell as the conflict widened to shipping lanes in the Strait of Hormuz.
Macro
United States Imposes New Tariffs of Up to 12.5 Percent on 60 Trading Partners Over Forced-Labor Claims
The duties replace expiring across-the-board levies that the Supreme Court struck down, and they reach India, China, Pakistan and the European Union.
Markets
India's Sensex Falls More Than 700 Points in a Fifth Straight Session of Losses
Oil above 100 dollars and sustained foreign selling drove the decline, with the Nifty slipping below 23,700 and technology shares among the weakest.
Crypto
Bitcoin Holds Near 65,000 Dollars as an 800-Billion-Dollar Technology Selloff Spares Crypto
The largest United States technology shares fell sharply after Alphabet and Tesla unsettled investors on artificial-intelligence spending, yet bitcoin fell less than 1 percent.
World
Houthi Attacks on Saudi Ships Threaten Bab el-Mandeb as Oil Climbs
Analysts say the strikes are so far shaping who moves Saudi crude rather than whether it moves, but a second chokepoint is now in question alongside Hormuz.
Macro
Financial Times Warns Value of Real United States Assets Is Shrinking as Financialization Grows
The column argues that paper claims are expanding faster than the tangible assets and output that back them.
World
Student-Led Protests in India Confront Modi Over Economic Grievances
A youth movement over jobs and living costs began while the government was focused elsewhere, and the underlying problems have no easy solution.
Geopolitics
Ukraine's Drone War Reaches Russia's Largest Online Retailer, Killing Nine
Strikes on Wildberries facilities have left small sellers facing losses of millions of roubles, extending the campaign from energy sites to commercial logistics.
Geopolitics
Trump Threatens to Seize Frozen Iranian Assets to Pay for Shipping Damage
Tehran called the threat an "incendiary precedent," and Britain said it stood ready to defend itself after Iran's warnings over air bases.
Geopolitics
Israel Carries Out Strikes Across South Lebanon Despite Ceasefire Framework
The attacks came even as talks continued with Lebanese officials on implementing a framework for peace between the two countries.
Geopolitics
International Criminal Court Prosecutor's Fate Heads to an Unusual Vote as United States Sanctions Keep Him Out of New York
Karim Khan, accused of sexual misconduct that he denies, cannot travel to United Nations headquarters because of United States sanctions.
World
Candidates to Lead the United Nations Pitch Rescue Plans for an Organization in Crisis
Six contenders stressed restoring the body's credibility in a restrained debate a week before the formal selection process begins.