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Today’s Brief

Hormuz closes, Fontainebleau burns

Strikes halt Hormuz traffic as Europe fights fires and capitals punish Russian cyber sabotage

The day’s hard news ran through chokepoints, forests and crowded rooms. A US-Iran exchange froze visible traffic in the Strait of Hormuz, Europe counted fires and heat alerts, and a Bangkok pub disaster exposed a familiar gap between inspection and escape.

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In the spotlight

World · Updated 26m ago

The US under Trump: second term

The EU's provisional agreement to scrap tariffs on some US imports represents a concrete step in ongoing trade negotiations, impacting transatlantic economic relations.

S&P 500 (^GSPC) · Pollar