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9 min agoSouth Korea is reviewing the possible deployment of military personnel to the Strait of Hormuz as one of several options to help ensure safe passage through the waterway, the presidential office said Friday. A senior official said any deployment would be assessed based on defense readiness on the Korean Peninsula and domestic legal requirements, and stressed that no decision has been made.9 min agoThe Japanese yen strengthened to 155.25 per dollar on Friday and is tracking for a 2.5 per cent weekly gain, its largest since late July. Traders are betting the Bank of Japan will adopt a more hawkish stance when it meets on September 17 to 18, with Japan's top currency diplomat saying he remained alert to exchange-rate moves and in constant contact with U.S. authorities.9 min agoOver a dozen congressional races have received funding from Elon Musk's super PAC in the form of direct-mail and campaign materials for Republican candidates in tight midterm contests. Texas has been the top recipient of the PAC's spending, home to multiple SpaceX rocket and Starlink facilities.9 min agoAsian equities climbed on Friday as investors responded to remarks from Federal Reserve Governor Christopher Waller suggesting the central bank may hold rates steady if upcoming data continues to show disinflation. Waller's comments pushed market expectations of a rate hike this month down to 50 per cent from 63 per cent a day earlier, while the yen strengthened 2.6 per cent this week to 155.7 per dollar.23 min agoAfter six days of deliberations, the jury in Lindsay Clancy's Massachusetts trial remains split 11-1, with the defence saying a single holdout juror is blocking agreement. The judge has told jurors they may also weigh the lesser charge of manslaughter as they consider the case against Clancy, who is accused of killing her three children on January 24, 2023.23 min agoAn explosion tore through a wedding in southern Iran on Tuesday; weapons experts who analyzed images and video concluded the damage pointed to a direct hit by a US munition. The US is investigating the incident. Iranian state television said a 22-year-old woman died in hospital, bringing the total death toll to five, with nearly 70 wounded.23 min agoArgentine President Javier Milei said winds of change favour his country's claim to the Falkland Islands, pointing to signals that the United States may reconsider its long-standing neutrality on the dispute. Milei announced stricter sanctions on companies involved in oil projects near the islands, citing a UN resolution against unilateral action in disputed territories.23 min agoJapan's ANA Holdings has placed a firm order for eight additional E190-E2 regional jets from Brazilian planemaker Embraer, raising its total commitment to 23 aircraft. The airline's February 2025 purchase of 15 jets was part of a 77-aircraft fleet modernization involving Boeing and Airbus as well, with first deliveries from Embraer scheduled for 2028.38 min agoOn January 25, 2025, Tim Andrews received a genetically modified pig kidney. He carried the organ for nine months before transitioning to a human donor kidney, making him the first known patient to make such a transition.38 min agoA flash flood devastated Nepal's Trishuli valley on August 26, with six hydropower plants reporting roughly 900 missing workers. Engineers created a WhatsApp group exceeding 500 members to direct rescue teams through tunnels where survivors may be sheltering, providing structural diagrams and entry points.9 min agoSouth Korea is reviewing the possible deployment of military personnel to the Strait of Hormuz as one of several options to help ensure safe passage through the waterway, the presidential office said Friday. A senior official said any deployment would be assessed based on defense readiness on the Korean Peninsula and domestic legal requirements, and stressed that no decision has been made.9 min agoThe Japanese yen strengthened to 155.25 per dollar on Friday and is tracking for a 2.5 per cent weekly gain, its largest since late July. Traders are betting the Bank of Japan will adopt a more hawkish stance when it meets on September 17 to 18, with Japan's top currency diplomat saying he remained alert to exchange-rate moves and in constant contact with U.S. authorities.9 min agoOver a dozen congressional races have received funding from Elon Musk's super PAC in the form of direct-mail and campaign materials for Republican candidates in tight midterm contests. Texas has been the top recipient of the PAC's spending, home to multiple SpaceX rocket and Starlink facilities.9 min agoAsian equities climbed on Friday as investors responded to remarks from Federal Reserve Governor Christopher Waller suggesting the central bank may hold rates steady if upcoming data continues to show disinflation. Waller's comments pushed market expectations of a rate hike this month down to 50 per cent from 63 per cent a day earlier, while the yen strengthened 2.6 per cent this week to 155.7 per dollar.23 min agoAfter six days of deliberations, the jury in Lindsay Clancy's Massachusetts trial remains split 11-1, with the defence saying a single holdout juror is blocking agreement. The judge has told jurors they may also weigh the lesser charge of manslaughter as they consider the case against Clancy, who is accused of killing her three children on January 24, 2023.23 min agoAn explosion tore through a wedding in southern Iran on Tuesday; weapons experts who analyzed images and video concluded the damage pointed to a direct hit by a US munition. The US is investigating the incident. Iranian state television said a 22-year-old woman died in hospital, bringing the total death toll to five, with nearly 70 wounded.23 min agoArgentine President Javier Milei said winds of change favour his country's claim to the Falkland Islands, pointing to signals that the United States may reconsider its long-standing neutrality on the dispute. Milei announced stricter sanctions on companies involved in oil projects near the islands, citing a UN resolution against unilateral action in disputed territories.23 min agoJapan's ANA Holdings has placed a firm order for eight additional E190-E2 regional jets from Brazilian planemaker Embraer, raising its total commitment to 23 aircraft. The airline's February 2025 purchase of 15 jets was part of a 77-aircraft fleet modernization involving Boeing and Airbus as well, with first deliveries from Embraer scheduled for 2028.38 min agoOn January 25, 2025, Tim Andrews received a genetically modified pig kidney. He carried the organ for nine months before transitioning to a human donor kidney, making him the first known patient to make such a transition.38 min agoA flash flood devastated Nepal's Trishuli valley on August 26, with six hydropower plants reporting roughly 900 missing workers. Engineers created a WhatsApp group exceeding 500 members to direct rescue teams through tunnels where survivors may be sheltering, providing structural diagrams and entry points.

Oil surges on US-Iran tensions as sanctions bite Iran's economy

Oil is set for its steepest weekly gain since mid-July as US pressure on Iran intensifies. Three senior Iranian sources said the US campaign to restrict Iranian oil exports and block sanctions evasion has tightened its grip on Tehran's economy, leaving the country with limited access to foreign currency and international financing networks.

NXEWS NewsroomSep 4, 2026, 1:30 AMUpdated 8 min ago1 min read

Archive photoArthur L. Richards, Counselor of Embassy·Wikimedia Commons·Public domain

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