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8 min agoTankers and cargo ships transiting the Bosphorus are fitting themselves with nets, water tanks and tyres to ward off intensifying strikes by Russia and Ukraine in the Black Sea. The Russian-flagged cargo vessel Omskiy-107, its command bridge destroyed by fire, drifted from Russian waters onto a beach east of Istanbul.23 min agoUber is laying off around 3,000 employees, about 10 percent of its workforce of roughly 34,000 as of the end of 2025. CEO Dara Khosrowshahi said the restructuring aims to simplify teams and remove management layers to make the company faster and more efficient. Remote workers will be required to relocate to offices.23 min agoSaudi Arabia said an Iranian attack on the Sidr was responsible for the deaths of the two Filipino sailors. The tanker was one of two Saudi supertankers reported to have been hit while transiting the Strait of Hormuz on Monday.37 min agoThe golfer agreed Wednesday to the reckless driving charge stemming from a March crash near his Jupiter Island home. He had initially denied a driving under the influence charge after his SUV struck a truck on a beachside road.37 min agoFollowing a glacial flood that claimed over 1,000 lives across both nations, Nepal intends to establish seismic sensors, cameras and satellite connectivity at Timure in Rasuwa district along its frontier with China. The calamity destroyed the existing monitoring infrastructure, including at least four measurement stations positioned near the frontier.53 min agoNew Jersey petitioned the Supreme Court on Wednesday to resolve a growing legal battle between prediction market platforms and states over who holds authority to regulate them. The case marks the first time the dispute, which has produced conflicting appellate decisions, has reached the justices.53 min agoChevron said it has obtained additional acreage in Venezuela and will double its output at the country's oil fields. The US oil company is the only American firm with major operations there, and the expansion arrives amid Venezuela's political and economic turmoil.53 min agoUber said the cuts will reduce the number of managers in the company by 20 percent. The company also plans to ask more employees to work in the office.53 min agoNetanyahu stressed that the Gaza Strip will "no longer pose a threat to Israel," noting that the goal has "largely been achieved." The IDF said it has destroyed 26 kilometers of Hamas tunnels east of the Yellow Line.1 h agoA U.S. judge recently ruled in favor of Anthropic in its dispute with the Defense Department over military contracts. Commerce Secretary Howard Lutnick indicated the AI company has mended its relationship with the Trump administration following the decision.8 min agoTankers and cargo ships transiting the Bosphorus are fitting themselves with nets, water tanks and tyres to ward off intensifying strikes by Russia and Ukraine in the Black Sea. The Russian-flagged cargo vessel Omskiy-107, its command bridge destroyed by fire, drifted from Russian waters onto a beach east of Istanbul.23 min agoUber is laying off around 3,000 employees, about 10 percent of its workforce of roughly 34,000 as of the end of 2025. CEO Dara Khosrowshahi said the restructuring aims to simplify teams and remove management layers to make the company faster and more efficient. Remote workers will be required to relocate to offices.23 min agoSaudi Arabia said an Iranian attack on the Sidr was responsible for the deaths of the two Filipino sailors. The tanker was one of two Saudi supertankers reported to have been hit while transiting the Strait of Hormuz on Monday.37 min agoThe golfer agreed Wednesday to the reckless driving charge stemming from a March crash near his Jupiter Island home. He had initially denied a driving under the influence charge after his SUV struck a truck on a beachside road.37 min agoFollowing a glacial flood that claimed over 1,000 lives across both nations, Nepal intends to establish seismic sensors, cameras and satellite connectivity at Timure in Rasuwa district along its frontier with China. The calamity destroyed the existing monitoring infrastructure, including at least four measurement stations positioned near the frontier.53 min agoNew Jersey petitioned the Supreme Court on Wednesday to resolve a growing legal battle between prediction market platforms and states over who holds authority to regulate them. The case marks the first time the dispute, which has produced conflicting appellate decisions, has reached the justices.53 min agoChevron said it has obtained additional acreage in Venezuela and will double its output at the country's oil fields. The US oil company is the only American firm with major operations there, and the expansion arrives amid Venezuela's political and economic turmoil.53 min agoUber said the cuts will reduce the number of managers in the company by 20 percent. The company also plans to ask more employees to work in the office.53 min agoNetanyahu stressed that the Gaza Strip will "no longer pose a threat to Israel," noting that the goal has "largely been achieved." The IDF said it has destroyed 26 kilometers of Hamas tunnels east of the Yellow Line.1 h agoA U.S. judge recently ruled in favor of Anthropic in its dispute with the Defense Department over military contracts. Commerce Secretary Howard Lutnick indicated the AI company has mended its relationship with the Trump administration following the decision.

BREAKINGEconomy

Oil prices rise as US and Iran exchange strikes overnight

Oil futures climbed nearly 1 percent on Wednesday as the United States and Iran exchanged strikes overnight, the most serious escalation between the two countries in weeks. Brent crude rose to $95.52 a barrel and U.S. West Texas Intermediate to $91.02 as concerns over supply disruption through the Strait of Hormuz intensified.

NXEWS NewsroomSep 2, 2026, 1:01 AMUpdated 16 h ago1 min read

Illustration · NXEWS

Reported from

CNA17 h ago
The National (UAE)20 h ago
Investing.com17 h ago

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