World
Oil prices rise anew after a US-Iran standoff in the Strait of Hormuz strands tankers
NEW YORK (AP) — Oil prices rose in early trading Sunday as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz, the Persian Gulf waterway that is crucial to global energy supplies.
The price of U.S. crude oil increased 6.4% to $87.90 per barrel an hour after trading resumed on the Chicago Mercantile Exchange. The price of Brent crude, the international standard, climbed 5.8% to $95.64 per barrel.
The market reaction followed more than two days of lifted hopes and dashed expectations involving the strait. Crude prices plunged more than 9% Friday after Iran said it would fully reopen the strait, which it effectively controls, to commercial traffic.
Tehran reversed that decision and fired on several vessels Saturday after President Donald Trump said a U.S. Navy blockade of Iranian ports would remain in effect. On Sunday, Trump said the U.S. attacked and forcibly seized an Iranian-flagged cargo ship that allegedly tried to get around the blockade. Iran’s joint military command vowed to respond.
Sunday’s higher prices wiped out much of the declines seen Friday, signaling renewed doubts about how soon ships will again transport the vast amounts oil the world gets from the Middle East.
The US-Israeli war against Iran, now in its eighth week, has created one of the worst global energy crises in decades. Countries in Asia and Europe that import much of their oil from the Gulf have felt the most impact of halted supplies and production cuts, although rapidly rising gasoline, diesel and jet fuel prices are affecting businesses and consumers worldwide.
Asked when he thought U.S. motorists would again see gas cost less than $3 a gallon on average, Energy Secretary Chris Wright said prices at the pump might not go down that much until next year.
“But prices have likely peaked, and they’ll start going down,” Wright told CNN’s “State of the Union” on Sunday.
The price of crude oil — the main ingredient in gasoline — has fluctated dramatically since the U.S. and Israel attacked Iran on Feb. 28, and as Iran retaliated with airstrikes on other Gulf states. Crude traded at roughly $70 a barrel before the conflict, spiked to more than $119 at times, and previously closed Friday at $82.59 for U.S. oil and $90.38 for Brent.
Industry analysts have repeatedly warned that the longer the strait is closed, the worse prices could get.
A fragile, two-week ceasefire between the U.S. and Iran is set to expire Wednesday, while escalating tensions in the Strait of Hormuz puts the fate of new talks to end the war into question.
Even if a lasting deal to reopen the Strait of Hormuz emerges, analysts say it could take months for oil shipments to return to normal levels and for fuel prices to go down. Backed-up tanker traffic, shipowners concerned about another sudden escalation, and energy infrastructure damaged during the war are factors that could impede production and shipment volumes from returning to pre-war levels.
A gallon of regular gas cost an average of nearly $4.05 a gallon in the U.S. on Sunday, according to motor club federation AAA. That’s about 8 cents lower than a week ago, but far higher than $2.98 before the war.
World
Turkey detains over 200 suspects, including alleged ISIS militants, in sweeping raid ahead of NATO summit
NEWYou can now listen to Fox News articles!
Turkish authorities reportedly detained more than 200 people, including suspected ISIS-linked militants, in a sweeping Tuesday raid in capital Ankara ahead of a July 7-8 NATO summit.
The raid came after Turkish authorities issued detention orders for 241 suspects, 209 of whom were taken into custody, The Associated Press reported, citing a statement from the office of Turkey’s chief prosecutor.
Among the 209 detained, 56 were allegedly ISIS militants, according to the AP. This comes after Turkish authorities said they detained 125 ISIS members in December.
The detention operations occurred just two weeks before a planned NATO summit in Ankara on July 7 that President Donald Trump is expected to attend.
TURKEY’S NATO ROLE UNDER SCRUTINY AMID NEW REPORT ON HAMAS, MUSLIM BROTHERHOOD TIES
President Donald Trump greets Turkey’s President Recep Tayyip Erdogan during a summit in Sharm El Sheikh, Egypt, on Oct. 13, 2025, to support ending the Israel-Hamas war in Gaza after a breakthrough ceasefire deal. (Evan Vucci/AP Photo/Pool)
Other militants scooped up were 35 alleged members of the Revolutionary People’s Liberation Party/Front, which a Turkish statement described as “a far‑left group known for armed attacks and assassinations in Turkey,” according to the AP.
The ISIS-combating operations demonstrate the terrorist group’s ongoing activity in the region, showing the group is still functioning despite the U.S. campaign during Trump’s first term to eliminate the group’s caliphate and its control of large swaths of territory in the Middle East.
Iraqi government forces celebrate while holding an Islamis Sate (IS) group flag after they claimed they have gained complete control of the Diyala province, northeast of Baghdad, on January 26, 2015 near the town of Muqdadiyah. (YOUNIS AL-BAYATI/AFP via Getty Images)
In recent years, ISIS has spread into the African continent, prompting a strong response from the U.S. In May, Trump authorized a series of strikes in Nigeria to combat the group.
PENTAGON SLASHES NATO COMBAT COMMITMENTS AS TRUMP PUSHES EUROPE TO DEFEND ITSELF
A May 16 strike killed ISIS leader Abu-Bilal al-Minuki, who was the group’s second-in-command globally.
U.S. and Nigerian forces conducted kinetic strikes against ISIS fighters in northeastern Nigeria on May 17, 2026, AFRICOM said. (X/U.S. Africa Command)
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
“Abu-Bilal al-Minuki, second in command of ISIS globally, thought he could hide in Africa, but little did he know we had sources who kept us informed on what he was doing,” Trump wrote in a post on Truth Social after the strike. “He will no longer terrorize the people of Africa, or help plan operations to target Americans.”
The group’s renewed activity also includes a call to supporters to make attacks on U.S. soil during the World Cup.
The Associated Press contributed to this report.
By Euronews with AFP
Published on
Two whales were killed off the coast of Iceland overnight Sunday, two days after commercial hunting resumed, local media and animal rights activists reported Monday.
ADVERTISEMENT
ADVERTISEMENT
The kill ends a two-year pause and marks the first catches since 2023.
Icelandic public broadcaster RUV reported that two fin whales were killed. The fin whale is the second largest animal on Earth after the blue whale.
Before the vessels set off on Friday, a protester had attached himself to one of the masts in the port of Reykjavik, but climbed down and was escorted away by police.
Iceland, Norway and Japan are the only three countries that still openly permit whaling, despite international condemnation from the public and animal welfare organisations.
Iceland cancelled its whale hunt over the past two years, partly because economic problems had cut demand and the industry was not deemed profitable enough.
“The first fin whale deaths in Iceland’s hunt this year are devastating,” said Joanna Swabe, European senior public affairs director for animal rights group Humane World for Animals.
“Iceland has killed more than 1,000 fin whales in the past two decades — not only the second largest animal on the planet but also a species classified as globally vulnerable to extinction,” Swabe said in a statement.
Iceland’s government has said it is planning to introduce a bill aimed at banning whaling this autumn.
The International Whaling Commission banned the commercial killing of whales in 1986 amid alarm at the declining stock of the marine mammals.
Iceland’s Marine and Freshwater Research Institute has recommended that no more than 150 fin whales are caught in the 2026 season.
That represents a 28-percent drop on the annual quota it recommended for the period 2018–2025, it said.
The institute has set an annual catch of 168 animals for the minke whale hunt this year, a 23-percent drop on 2018-2025.
Paramount+ has commissioned a docuseries about shamed “X Factor” judge Tulsa from Dorothy Street Pictures, the producers behind Victoria Beckham doc “Victoria” and Pamela Anderson doc “Pamela: A Love Story.”
Tentatively titled “Tulisa: The Reckoning,” the unscripted series will follow the former pop star and talent show judge as she reflects on her journey, from her humble beginnings to soaring success as the frontwoman for the band N-Dubz, her pivot to “X Factor” judge and the scandal that saw her career come crashing down.
In 2013 an undercover U.K. tabloid journalist nicknamed the “Fake Sheikh” tricked the singer into “setting up a cocaine deal” which saw her arrested and charged. The trial collapsed after the journalist was found to have tampered with evidence (he was later convicted of perverting the course of justice).
Tulisa later revealed she had been entrapped by the journalist, who claimed he could bag her a role in a movie worth £3.5 million.
Although she was never convicted, Tulisa lost endorsements and jobs, including the “X Factor” gig and effectively disappeared from public life.
As well as telling her story, the three-part docuseries will follow the singer’s campaign for media regulation.
“This isn’t just a story of survival, it’s a reckoning,” reads the synopsis for the docuseries. “After years of reflection, Tulisa is ready to confront and change the system that once brought her down.”
Tulisa says of the project: “For years, so much has been said about me, but not always by me. This series is about taking back control of my story and speaking openly about everything I’ve been through, not just for myself, but for anyone who’s had similar experiences in the media spotlight.”
“Tulisa: The Reckoning” (working title) is set to land on Paramount+ in 2026.
-
Lifestyle12 minutes agoWorking hard as ever, Wendell Pierce aims for an annual trifecta: TV, film and theater
-
Education19 minutes agoThe Patriot Housewife Whose Plays Helped Push America Toward Revolution
-
Technology22 minutes agoThe best robot vacuum deals available during Prime Day
-
World27 minutes agoTurkey detains over 200 suspects, including alleged ISIS militants, in sweeping raid ahead of NATO summit
-
Politics34 minutes agoTrump foe wins crucial Dem primary as 2028 presidential speculation swirls
-
Sports42 minutes agoWizards select AJ Dybantsa first overall in 2026 NBA Draft
-
Business52 minutes ago
SpaceX stock returns to Earth after record IPO
-
Entertainment57 minutes agoThis is why the Madonna biopic starring Julia Garner isn’t happening after all
