Indian Prime Minister Narendra Modi held a telephone conversation with Israeli Prime Minister Benjamin Netanyahu on Thursday (August 6), with the two leaders discussing the evolving situation in West Asia and reviewing bilateral ties.
A Lebanese man was killed in an Israeli strike in south Lebanon while talks on implementing a ceasefire were ongoing. Around the same time, two Israeli soldiers were killed in a bomb explosion inside a booby-trapped building.
Following a US Supreme Court ruling that struck down a major portion of tariffs imposed by the Trump administration under emergency powers, roughly $100 billion has been refunded to importers. According to US customs authority data, although a total of about $128.68 billion is owed in refunds, more than three-quarters of that amount has already been paid.
Israeli Prime Minister Benjamin Netanyahu has indicated that Israel could take unilateral military action against Iran, despite ongoing diplomatic efforts aimed at easing tensions between Tehran and Washington.
Global gold prices rose for a fourth straight session, reaching their highest level in seven weeks as hopes grew that the Strait of Hormuz could reopen, easing geopolitical tensions and restoring normal shipping flows.
A University of Cambridge professor has resigned with immediate effect after coming under scrutiny over allegations of plagiarism, saying stepping down was "the only way to bring this chapter to a close."