SEOUL, July 15 (Yonhap) -- Seoul shares opened higher Wednesday, tracking overnight gains on Wall Street, though continued uncertainty in the Middle East remains a concern for investors.
The head of US Central Command said that Iran had "intentionally targeted" seven commercial ships over the past week, resulting in "nearly a dozen" civilian crew members being killed, injured or going missing.
President Trump's naval blockade of the Strait of Hormuz is set to take effect Tuesday at around 1600 ET, after Iran attacked several commercial vessels, declared the waterway "closed until further notice," and exchanged multiple rounds of missiles and suicide drones with US forces.
Iran struck a critical facility in Kuwait on Wednesday, causing multiple "massive" explosions and starting a fire, according to the Islamic Revolutionary Guard Corps (IRGC)-linked Fars News Agency.
US President Donald Trump on Tuesday dropped his proposal to impose a 20 percent "reimbursement" fee on cargo shipped through the crucial Strait of Hormuz, saying that he will replace it with trade and investment deals with Middle Eastern countries.
Secretary of Defense Pete Hegseth, right, welcomes Iraqi Prime Minister Ali al-Zaidi, to the Pentagon, during a ceremony, Tuesday, July 14, 2026, in Washington. (AP Photo/Manuel Balce Ceneta)
Iran’s Foreign Minister spokesperson Esmaeil Baghaei said that the US military’s attack on a ranger post in Hormozgan is the latest example in a list of American war crimes against Iran which “grows longer every day”.
Heating oil customers who had their orders cancelled and prices raised when the US-Israel war with Iran broke out will get compensation, the competition watchdog has said.
President Donald Trump speaks as he meets with Iraq’s Prime Minister Ali al-Zaidi in the Oval Office of the White House, Tuesday, July 14, 2026, in Washington. (AP Photo/Julia Demaree Nikhinson)
California Governor Gavin Newsom said that he “long supported the state of Israel,” but that he thinks Israel will become an apartheid state if it annexes the West Bank under Prime Minister Benjamin Netanyahu's leadership, in an interview with Axios on Tuesday.
Mahmoud Khalil, the Columbia University pro-Palestinian protest leader, filed a lawsuit Tuesday alleging that the Trump administration had colluded with several pro-Israel groups to prosecute him for his advocacy.
The US Treasury Department announced that it has issued a "general license" authorizing limited activities in the Strait of Hormuz, according to a department press release on Tuesday.
Lebanon’s Deputy Prime Minister Tarek Mitri told Al Jazeera on Tuesday that the framework for a ceasefire agreement with Israel “contains no reference” to a timeline for Israeli withdrawal of its troops from southern Lebanon.
Only 27% of terror victims surveyed have returned to the same scope of employment they had before the October 7 attack, according to findings presented Sunday at a Tel Aviv conference organized by the 121 Association.
Palestinian activist Mahmoud Khalil has filed a lawsuit against senior Trump administration officials, the Heritage Foundation, Betar, and Canary Mission, seeking damages for unlawful conspiracy, he said in a press conference on Tuesday.
Senate Democrats have voted to block the debate on annual defence policy, objecting to Trump’s war on Iran as well as provisions that would more closely integrate the US and Israeli militaries.
Palestinian activist Mahmoud Khalil has filed a lawsuit against senior Trump administration officials, the Heritage Foundation, Betar, and Canary Mission, seeking damages for unlawful conspiracy, he said in a press conference on Tuesday.
Two months to the day since he was appointed prime minister of Iraq, Ali al-Zaidi, a political novice, found himself in the Oval Office of the White House on Tuesday, basking in the praise of the US president who put him there.
Two months to the day since he was appointed prime minister of Iraq, Ali al-Zaidi, a political novice, found himself in the Oval Office of the White House on Tuesday, basking in the praise of the US president who put him there.
SEOUL, July 15 (Yonhap) -- Import prices fell at the steepest pace in 3 1/2 years in June due to a decrease in oil prices amid the Middle East conflict, central bank data showed Wednesday.
Ford's executive chairman on Tuesday sounded optimistic about his company's electric vehicle plans, as Saudi Arabia-backed Lucid Motors denied reports that it is on the brink of collapse.
Ford's executive chairman on Tuesday sounded optimistic about his company's electric vehicle plans, as Saudi Arabia-backed Lucid Motors denied reports that it is on the brink of bankruptcy.
Some Arab Gulf States have suggested to the US and European countries that they are not opposed to paying a fee in the Strait of Hormuz, but reject Iranian control of the waterway, multiple US and regional officials have told Middle East Eye.
Another explosion has been reported in the city of Ahvaz in southern Iran, and several more in Qeshm Island, according to Iran’s state broadcaster IRIB.
A social media campaign attacking US President Donald Trump’s ceasefire deal with Iran was run by the president’s former campaign manager, Brad Parscale, according to a report published on Tuesday by Time Magazine.
Two young Palestinian men sustained injuries on Tuesday following an Israeli settler attack on the town of Beita, south of Nahlus in the occupied West Bank, according to Wafa news, citing local sources.
Stocks rose after a report showed U.S. inflation was not as bad last month as economists expected. Tuesday’s gains came even though oil prices continue to climb on worries that the United States and Iran may return to all-out war.
Pro-Palestine advocate Mahmoud Khalil has filed a lawsuit against officials of the administration of United States President Donald Trump and three private groups, alleging a coordinated conspiracy to target and deport him.