A cargo vessel was struck by a projectile near Oman on Thursday, halting a UN maritime evacuation program just as oil prices had fallen to pre-war levels for the first time since the US-Israel strikes on Iran in February. The incident has cast fresh doubt on the US–Iran peace framework.
Two powerful earthquakes struck Venezuela's northern coast within 40 seconds of each other on Wednesday evening, killing at least 32 people, injuring around 700, and collapsing buildings across the capital, Caracas. Acting President Delcy Rodríguez has declared a national state of emergency
South Korea's SK Hynix has announced plans to raise up to $29.4 billion through an American Depositary Receipt listing on the Nasdaq, targeting a July 10 debut. The deal would be the largest ADR offering in history, overtaking Alibaba's $21.8 billion New York listing in 2014.
US Vice-President JD Vance has cancelled his trip to Switzerland to meet Iranian negotiators, a day after both sides digitally signed a 14-point memorandum of understanding intended to end months of war and reopen the Strait of Hormuz.