
Brent crude rises above $90 after U.S. strike near Strait of Hormuz
Brent crude oil prices climbed above $90 per barrel on 31 August after the U.S. military targeted Iranian rocket launchers preparing to deploy mines into the Strait of Hormuz.
Latest reporting from the Latest desk, in reverse chronological order.

Brent crude oil prices climbed above $90 per barrel on 31 August after the U.S. military targeted Iranian rocket launchers preparing to deploy mines into the Strait of Hormuz.
President Bola Tinubu has formally reported recurring xenophobic and Afrophobic attacks against Africans and other nationals in South Africa to the African Union, requesting that the issue be placed on the agenda of the bloc’s January 2027 summit.
A busy NHL slate around January 28 featured high-scoring performances, overtime drama, and several decisive individual efforts. Highlights included Buffalo’s offensive outburst against Toronto, strong wins for San Jose and Seattle, and multiple games requiring overtime or a shootout to decide the result.

Myanmar has completed the final phase of a three-stage election process that virtually guarantees the military and its allies a parliamentary majority. With seats reserved for the armed forces and voting restricted in areas affected by civil war, opposition groups and international critics say the election is designed to legitimize junta rule rather than restore democratic governance.
The 2026 NFL hiring cycle continued to move quickly on January 28, with multiple coaching and front-office decisions tracked across the league. Among the latest moves: Cleveland hired Todd Monken as its head coach, while the New York Jets hired Brian Duker as defensive coordinator.
Markets entered January 28 with investors focused on the Federal Reserve’s next signal, the outlook for inflation and jobs, and the impact of AI spending on corporate profits. With equities near record territory, traders weighed whether strong tech earnings and softer-rate expectations can keep the rally intact, even as restructuring and layoffs remain a reality for large employers.
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Nvidia moved closer to restarting significant China-bound shipments after reports said Chinese authorities cleared major tech firms to place orders for the company’s H200 AI chips. The news highlights how fast the AI hardware market is evolving under tight export controls and shifting regulatory signals on both sides of the Pacific.
U.S. stock futures were higher on January 28, 2026 as investors waited for the Federal Reserve’s interest-rate decision and comments from Chair Jerome Powell, while Tesla, Microsoft and Meta prepared to report results after the bell. Gold pushed to fresh highs, bitcoin steadied near $90,000, and headlines also included Amazon’s plan to eliminate about 16,000 jobs and renewed focus on Nvidia’s chip sales into China.
Health officials say South Carolina’s measles outbreak has grown to 789 confirmed cases since September, surpassing last year’s large Texas outbreak and becoming the biggest in the U.S. since measles was declared eliminated. The surge, centered in Spartanburg County, has led to quarantines and heightened concern among public health experts about continued transmission.

CMS selected 15 high-cost drugs for the third cycle of Medicare price negotiations, including Botox and the diabetes drug Trulicity, with talks occurring in 2026 and new prices scheduled to take effect on January 1, 2028.
Federal investigators served a search warrant at Fulton County’s election hub in Georgia, seeking a set of records tied to the 2020 vote as county officials tried to determine the scope and target of the inquiry.
U.S. stocks finished mixed Tuesday with attention on an upcoming Federal Reserve policy statement and fresh results from major technology companies, while quarterly earnings reports continued to move individual names.