Oil prices moved higher after the United States and Iran exchanged fresh threats that could widen a seven-month war. The escalation added uncertainty around energy supplies and shipping through the Strait of Hormuz, a critical route for global petroleum traffic. CBS reported that Iran had presented a seven-day proposal to the U.S. that resembled parts of a previous memorandum of understanding. A mediator described early talks as positive, but no settlement was announced, leaving markets focused on the risk of further attacks and disruption.

Source: https://www.cbsnews.com/live-updates/iran-war-trump-un-speech-annihilate-threat-talks-resume/

Oil prices back up as U.S. and Iran trade fresh threats to expand 7-month war

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<p class="byline">By Latest &amp;amp; Breaking News on Fox News</p>
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<p>Seven months into a war with Iran, the United States still has no clear political end state, despite decades of confrontation stretching back to the hostage crisis of the 1979.</p>
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<p>President Trump told the United Nations that Iran must make a deal or face destruction, but the ultimatum has produced fighting rather than negotiation, and military pressure has not translated into a durable settlement.</p>
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<p>The difficulty is structural. Successive administrations have treated Iranian behaviour as a function of the regime's weakness, a calculation repeatedly disproven over five decades.</p>
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<p>With no clear off-ramp, officials are now working through a narrower set of questions: how to avoid a wider regional war, how to secure the freedom of navigation that disruption to shipping threatens, and what would actually count as a negotiated end.</p>
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<p><em>Source: Fox News - Latest Headlines</em></p>
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47 Years of Confronting Iran, and Still No Endgame: Washington Scrambles for a Strategy as the War Grinds On

Seven months into a war with Iran, the United States still has no clear political end state, despite decades of confrontation stretching back to the hostage crisis of the 1979. President Trump told the United Nations that Iran must make a deal or face des

<article><header>
<h1>&nbsp;</h1>
<p class="byline">By Latest &amp;amp; Breaking News on Fox News</p>
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<p>A California real estate agent has been arrested at Los Angeles International Airport on suspicion of spying on behalf of China, in a case that has revived scrutiny of a rare Chinese intelligence programme inside the United States.</p>
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<p>The allegations centre on recruitment of individuals with access to sensitive sectors, a network that has drawn particular attention because of the professional backgrounds of those involved.</p>
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<p>Real estate has become a recurring focus of such cases: the industry offers legitimate reasons to hold extensive financial and personal information about American buyers, while providing access to high-value sites.</p>
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<p>The charges remain allegations pending trial. The case arrives amid wider debate about the reach of foreign influence operations and how aggressively they should be prosecuted.</p>
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<p><em>Source: Fox News - Latest Headlines</em></p>
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California Realtor Accused of Spying for China Arrested at LAX in a Case Targeting a Rare Chinese-American Operative Network

A California real estate agent has been arrested at Los Angeles International Airport on suspicion of spying on behalf of China, in a case that has revived scrutiny of a rare Chinese intelligence programme inside the United States. The allegations centre

<article><header><h1>Spanish Prime Minister Pedro S&aacute;nchez Calls a Snap General Election for Next Month</h1><p class="byline">By World News - Breaking international news and headlines | Sky News</p></header><section><p>Spanish prime minister Pedro S&aacute;nchez has called a snap general election, asking voters to return him to office in a vote scheduled for next month.</p></section><section><p>The decision comes after a turbulent stretch in Spanish politics, in which coalition arithmetic and the positions of smaller parties have repeatedly forced the government into difficult votes.</p></section><section><p>The campaign will be fought in a fragmented parliament, where no party is expected to command a majority and a run of regional elections has already reshaped the landscape.</p></section><section><p>Analysts expect the campaign to turn on the cost of living, the pace of economic recovery and the government's handling of migration, issues that have divided Spanish voters sharply since 2023.</p></section><footer><p><em>Source: Sky News - World</em></p></footer></article>

Spanish Prime Minister Pedro Sánchez Calls a Snap General Election for Next Month

Spanish prime minister Pedro Sánchez has called a snap general election, asking voters to return him to office in a vote scheduled for next month. The decision comes after a turbulent stretch in Spanish politics, in which coalition arithmetic and the posi

<article><header><h1>Two Men Die Attempting to Cross the English Channel in a Small Boat</h1><p class="byline">By World News - Breaking international news and headlines | Sky News</p></header><section><p>Two men have died after attempting to cross the English Channel in a small boat, in another fatal crossing of the stretch of water that has become one of the deadliest migration routes in northern Europe.</p></section><section><p>Emergency services were called to the incident and recovered the two men from the water. No further details were available at the time of reporting.</p></section><section><p>The Channel has seen a sustained rise in attempts over the past decade, driven by smuggling networks and by conflict and economic instability pushing people towards the crossing.</p></section><section><p>Safety groups regularly warn that the small inflatable and open craft used on these routes offer almost no protection on open water, where currents, cold and visibility can turn fatal within minutes.</p></section><footer><p><em>Source: Sky News - World</em></p></footer></article>

Two Men Die Attempting to Cross the English Channel in a Small Boat

Two men have died after attempting to cross the English Channel in a small boat, in another fatal crossing of the stretch of water that has become one of the deadliest migration routes in northern Europe. Emergency services were called to the incident and

<article><header>
<p class="byline">By Zachary Small</p>
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<p>Jeff Koons is offering a $100 million selection from his personal collection at Christie&rsquo;s this autumn, a sale that places works he bought and lived with for decades back on the market.</p>
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<p>The trove is the product of a buying spree in the late 2000s, when Koons &mdash; by then the most commercially successful living artist &mdash; acquired Old Master paintings alongside contemporary work.</p>
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<p>Among the lots are examples from the Dutch Golden Age and paintings by Pablo Picasso and &Eacute;douard Manet, a combination that illustrates how casually art-historical categories were once ignored by collectors raised on the contemporary market.</p>
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<p>The sale is being watched as a live indicator of how the market values blue-chip modern work at a moment when auction houses are relying on trophy consignments to carry results.</p>
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<p><em>Source: NYT - Top Stories</em></p>
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Jeff Koons Sells $100 Million of Personal Art Collection at Christie’s, Putting Dutch Golden Age Works and a Picasso on the Block

Jeff Koons is offering a $100 million selection from his personal collection at Christie’s this autumn, a sale that places works he bought and lived with for decades back on the market. The trove is the product of a buying spree in the late 2000s, when Ko

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<h1>&nbsp;</h1>
<p class="byline">By Michael M. Grynbaum</p>
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<p>David Ellison has combined Warner Bros. Discovery and Paramount into a single company, and given it a new name: Skydance. The integration is the easy part compared with what follows.</p>
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<p>First, the news business. A combined news division of that scale inherits legacy contracts, a fragmented digital strategy and two sets of expectations about what journalism is for.</p>
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<p>Second, the studios. Balancing theatrical release against streaming has been the industry's central argument for a decade, and a merged company has fewer degrees of freedom to keep both paths warm.</p>
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<p>Third, sports rights, which have become the most expensive and least flexible line on the balance sheet. Fourth, streaming profitability, still more measured than advertised. And fifth, debt: the transaction was structured in a way that leaves the new entity carrying a great deal of it.</p>
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<p><em>Source: NYT - Top Stories</em></p>
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Five Hard Problems David Ellison Must Solve After Merging Warner Bros. Discovery and Paramount Under the Skydance Banner

David Ellison has combined Warner Bros. Discovery and Paramount into a single company, and given it a new name: Skydance. The integration is the easy part compared with what follows. First, the news business. A combined news division of that scale inherit