Asia's dependence on Middle East oil and gas — and its relatively slow shift to clean energy — make it vulnerable to disruptions in shipments through the Strait of Hormuz, a strategic weakness highlighted by the war between Israel and Iran.
Iran sits on the strait, which handles about 20% of shipments of the world's oil and liquefied natural gas, or LNG. Four countries — China, India, Japan and South Korea — account for 75% of those imports.

Torrential storms in France caused two deaths, flooded Paris streets and created a leak in parliament's roof that interrupted a prime minister's speech.
"Have you noticed that it was raining?" Prime Minister François Bayrou pointed out, looking up at the National Assembly's leaking domed ceiling after delivering a speech on the Middle East as a deluge fell outside, quickly inundating Paris boulevards on Wednesday evening.

Ukrainian forces have halted Russia's recent advance into the northern Sumy region and have stabilized the front line near the border with Russia, Ukraine's top military commander said Thursday.
Col. Gen. Oleksandr Syrskyi, commander in chief of Ukraine's armed forces, said that Ukrainian successes in Sumy have prevented Russia from deploying about 50,000 Russian troops, including elite airborne and marine brigades, to other areas of the front line.

Asian shares were mixed on Friday, losing some of their morning gains, after U.S. stocks ran to the brink of another record. U.S. futures and oil prices also logged modest gains.
Investors were watching for further details after President Donald Trump said the U.S. and China had signed a trade deal. Commerce Secretary Howard Lutnick said in an interview on Bloomberg TV that the deal was signed two days ago, but he gave no details, saying "The president likes to close these deals himself."

The U.S. and China have signed an agreement on trade, President Donald Trump said, adding he expects to soon have a deal with India.
Commerce Secretary Howard Lutnick told Bloomberg TV that the deal was signed earlier this week. Neither Lutnick nor Trump provided any details about the agreement.

An Israeli strike hit a street in central Gaza on Thursday where witnesses said a crowd of people was getting bags of flour from a Palestinian police unit that had confiscated the goods from gangs looting aid convoys. Hospital officials said 18 people were killed.
The strike was the latest violence surrounding the distribution of food to Gaza's population, which has been thrown into turmoil over the past month. After blocking all food for 2 1/2 months, Israel has allowed only a trickle of supplies into the territory since mid-May.

European Union leaders have called for even greater efforts to help meet Ukraine's pressing military needs, and expressed support for the country's quest to join their ranks, but they made little headway with new sanctions against Russia.
At a summit Thursday in Brussels, the leaders said it was important to deliver more "air defense and anti-drone systems, and large-caliber ammunition, to help Ukraine, as it exercises its inherent right to self-defense, to protect its citizens and territory against Russia's intensified daily attacks."

An Argentine judge on Thursday ordered that the seven Iranians and three Lebanese citizens accused of involvement in the 1994 bombing of a Jewish community center in Buenos Aires face trial in absentia for the first time in the long-running case plagued by setbacks and controversy.
For years Argentine courts have ordered that the suspects — Iranian former officials and Lebanese nationals — be apprehended and brought before a judge because Argentina never allowed trials in absentia.

Shares were mixed in Asia on Thursday after U.S. stocks stayed near their all-time highs as financial markets caught their breath following recent bouts of volatility.
The dollar weakened against the Japanese yen and euro and oil prices were steady.

The bombing has quieted in Iran's 12-day conflict with Israel. Now its battered theocracy and 86-year-old Supreme Leader Ayatollah Ali Khamenei must regroup and rebuild in a changed landscape.
Israeli airstrikes decimated the upper ranks of Iran's powerful Revolutionary Guard and depleted its arsenal of ballistic missiles. Israeli missiles and American bunker-buster bombs damaged the nuclear program — though how much remains disputed.
