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Iran launches major attacks on Gulf states as chaos reigns over Hormuz
Iran launched waves of attacks across the Gulf in response to US airstrikes the night before, signalling the Islamic Republic’s refreshed strike capabilities, while claiming sole control of the Strait of Hormuz. The Gulf states are once again on the frontlines of the growing US-Iran confrontation.
Europe Today
Trump overshadows NATO summit with renewed Iran strikes
Renewed US strikes on Iran overshadow the close of the NATO summit, where allies pledged record defence spending and support for Ukraine. Meanwhile, the EU faces migration challenges, OLAF uncovers a counterfeit condom network and the World Cup reaches the quarter-final stage.
Europe News
US President Donald Trump arrives in Turkey to attend NATO summit
The two-day gathering in Ankara comes a year after NATO members pledged to ramp up security-related spending to 5% of GDP under pressure from the US leader. Yet, the US President has lashed out at European allies over Iran.
Economy
Inflation tumbled in June: where did prices cool the most in Europe?
Inflation fell more than expected across the single-currency bloc in June, easing pressure on the European Central Bank (ECB) and reviving hopes that the energy-driven spike triggered by the war in the Middle East is finally fading.
Economy
Iran's inflation spiral deepens as rial slides and tensions rise
As Iran's rial falls to record lows amid escalating military tensions in the Persian Gulf, a sharp rise in inflation is pushing up the cost of basic necessities, with low-income households and rural communities bearing the brunt of the crisis.
