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Oil Choke Points Widen as Hormuz Attacks Surge: Brent Hits $100
Oil prices surge past $100 as attacks on tankers in Hormuz, Red Sea, and Black Sea disrupt shipping. Brent crude up 30% in July. Vulnerable economies face $20bn annual import cost rise.
Nigerian Naira Strengthens to N1,362 Per Dollar on July 25, 2026
Nigerian naira appreciates to N1,362 per dollar as foreign reserves hit $52 billion and oil prices surge. Official and black market rates both strengthen on improved FX liquidity.
Trump Imposes 12.5% Tariff on Australian Exports From July 25
Trump’s new 12.5% tariff on Australian exports takes effect July 25, replacing temporary 10% duty. Australia disputes forced labour claims and calls tariffs unjustified.
Howard University Unenrolls 502 Freshmen Over July 10 Payment Deadline
Howard University unenrolled 502 incoming freshmen for missing a July 10 payment deadline. Students say they were told scholarships would come later but were given no flexibility before move-in on August 3.
Walmart Recalls 16,809 EnHomee Dressers Over Tip-Over Risk to Children
Walmart recalls 16,809 EnHomee dressers sold for $80 each due to tip-over and entrapment hazards. Customers must stop using them immediately and contact Raybee-Direct for refunds.
Monash Study Finds Microbes Unlock Uranium in 80-Year-Old Mine Waste
Monash University researchers discovered microbes are transforming stable uranium minerals into mobile nanoparticles at abandoned Mount Painter mine, challenging long-held assumptions about mine waste safety.
Apple’s iPhone Ultra Foldable Faces Samsung’s Redesigned Z Fold 8 Lineup
Samsung unveiled Galaxy Z Fold 8 Ultra ($2,099), Z Fold 8 ($1,899), and Z Flip 8 ($1,199) on July 22. Apple’s first foldable iPhone, expected in September at $2,000–$2,500, threatens Samsung’s 40% foldable market share.
Thorsten Frei Named New Union Faction Chief After Spahn’s Surrogacy Row, July 23
Thorsten Frei, 52, replaces Jens Spahn as head of Germany’s Union faction in parliament. The faction votes Wednesday. Spahn quit after surrogacy controversy.
Craig Melvin Takes Vacation After 30 Rock Security Breach, July 22
Craig Melvin takes time off from Today show after intruder breached 30 Rock studio on July 16, confronted him with racial slurs, and was arrested on hate crime charges.