Day News Recap: Middle East tensions flare as Ukraine, Europe and markets react
Iran widened pressure on shipping by striking two commercial tankers outside the Strait of Hormuz within 24 hours, while a separate tanker was hit by multiple projectiles off the north coast of Qatar, deepening fears over Gulf trade routes. 🔗 🔗Those attacks fed a broader surge in Middle East risk, with oil and stocks swinging on renewed fears of supply disruption, and the G7 agreeing to release 100 million barrels of oil and diesel from emergency stockpiles over four months to cushion shortages. 🔗 🔗In Yemen and Saudi Arabia, the conflict escalated further as Riyadh said Houthi attacks on two... [Continue Reading]
360LiveNews Recap | 08 Oct 2026 18:23 LONDON
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Breakfast News Recap: Middle East tensions flare as Israel marks 7 October anniversary and oil jumps
Oil prices and global stocks swung as traders reacted to renewed fears of disruption to Middle East supply routes, with crude rising on reports that Iran appeared to be preparing a response and investors watching the risk to shipping and energy flows. 🔗Security concerns widened after UKMTO said a tanker sailing off the north coast of Qatar was struck by multiple projectiles, adding to worries over maritime traffic in the Gulf. 🔗In the region’s wider conflict, Saudi Arabia said Houthi attacks on two airports killed three civilians, including three foreign nationals, and injured 36 people over two days, while Yemeni... [Continue Reading]
360LiveNews Recap | 08 Oct 2026 08:38 LONDON
US sanctions Fijian businessman Zhao Fugang over alleged corruption tied to China
The United States has sanctioned Chinese-Fijian businessman Zhao Fugang over allegations of significant corruption linked to China-based actors. The designation was announced by the US State Department and centres on Zhao's role as director of the Overseas Chinese Service Center in Fiji. According to the statement, Zhao and his immediate family will generally be ineligible to enter the United States.The US said Zhao abused his public position by paying bribes to Fijian citizens in order to advance China-based government, business and criminal interests. It described the action as a corruption designation rather than a criminal charge, but said the allegations... [Continue Reading]
360LiveNews | 08 Oct 2026 03:30 LONDON
Pacific leaders press to keep fossil-fuel transition pledge intact ahead of Cop31 in Tuvalu
Pacific island leaders have urged that a global pledge to transition away from fossil fuels should not be reopened for renegotiation as they gathered in Tuvalu ahead of Cop31. The meeting brought together about 50 dignitaries, including 14 national heads, climate ministers and leaders of international agencies. It was held in the low-lying atoll nation as part of efforts to build momentum before the climate summit next month in Turkey.The gathering included Australia's prime minister, Anthony Albanese, who was among the visiting leaders on the three-hour trip to Funafuti. The visit had been promised by the Australian government last year... [Continue Reading]
360LiveNews | 06 Oct 2026 07:00 LONDON
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