A tanker roughly 70 nautical miles southwest of Saudi Arabia’s Al Shuqaiq was hit by an unidentified projectile, according to a report from the United Kingdom Maritime Trade Operations (UKMTO). The projectile resulted in a fire aboard the vessel. The UKMTO confirmed there have been no casualties or environmental damage resulting from this incident. The…
Israel just turned the regulatory dial on its crypto industry from “loosely supervised” to “we’re watching.” The Capital Market, Insurance and Savings Authority (CMISA) has published new binding guidelines that will force licensed Virtual Asset Service Providers (VASPs) to implement significantly stricter oversight measures within six months. The reform targets three specific risks: cyberattacks, operational…
London — The U.S. military’s Central Command repeated an assertion on Tuesday evening that has been made by the Trump administration many times over the last two weeks, insisting that “despite Iranian aggression, the Strait of Hormuz remains open for commercial vessel traffic.” CENTCOM acknowledged in the same statement that Iran had launched more than 30…
The Knesset told the High Court of Justice that even if Israel’s new system for appointing judges resulted in a lower professional standard among Supreme Court appointees, lawmakers could decide that the trade-off was justified by greater public trust and a more diverse judiciary. The case concerns a law changing the nine-member Judicial Selection Committee,…
Two tankers carrying Saudi crude to Asia have reversed course in the Red Sea after Yemen’s Houthis announced a blockade of Saudi ports, raising fears that disruptions to another of the world’s most important shipping routes could further restrict global oil supplies. The vessels, the Rodos and Xin Long Yang, were carrying a combined 2.8…
(July 22, 2026 / JNS) Israel’s Defense Ministry is drafting a plan to expand domestic weapons production and reduce reliance on foreign suppliers, Maj. Gen. Amir Baram (res.), the ministry’s director general, said after a meeting with Manufacturers Association President Avraham Novogrodsky. According to a ministry statement on Wednesday, Baram said the plan aims to…
• United States State Employment and Unemployment – 3:00 p.m. British Summer Time• United States Usual Weekly Earnings, Second Quarter – 3:00 p.m. British Summer Time• European Central Bank Bank Lending Survey – 9:00 a.m. British Summer Time Middle East diplomacy has temporarily pulled Brent crude below ninety dollars, but the underlying supply threat remains…
Israeli exports reached an all-time high of $169 billion over the past year, according to official annual figures from the Foreign Trade Administration submitted to Economy and Industry Minister Nir Barkat. The total exceeded both the ministry’s conservative forecast of $165 billion and the previous record of just over $166 billion set in 2022. The…
In a dramatic twist, two oil tankers carrying Saudi crude for China and India executed unexpected U-turns in the Red Sea on Tuesday, steering toward the Suez Canal. This strategic diversion was captured by shipping data from LSEG, and it followed a declaration by Yemen’s Houthi militia of a naval blockade against Saudi ports. This…
Israel Aerospace Industries (IAI) announced Brigadier-General (ret.) Guy Barlev as its new CEO on Tuesday, with the decision now pending government approval. “We are proud to announce the conclusion of a structured, in-depth, and thorough process by the search committee, tasked with selecting a CEO for IAI,” said Boaz Levy, IAI Chairman of the Board…
