- U.S. President Trump has added a demand for Iran to pay compensation for decades of deaths and damage, while Iran is seeking compensation and sanctions relief before reopening the Strait of Hormuz.
- A magnitude 7.4 earthquake struck western Colombia, killing at least 111 people and injuring 570, with rescue efforts ongoing.
- Firefighters are battling a fire at Libya's Zawiya refinery following a series of drone attacks, with the National Oil Corporation warning of force majeure.
- Ukrainian President Zelenskyy has stated that Russia is preparing to receive more ballistic missiles from North Korea.
- Nvidia is partnering with major global investment firms to mobilize over $100 billion for AI infrastructure.
- Meta CEO Mark Zuckerberg published a manifesto on AI and announced a $1 billion fund for communities where Meta hosts data centers.
The U.S. has escalated its demands on Iran, insisting that Tehran compensate for past damages as it seeks sanctions relief to reopen the crucial Strait of Hormuz. President Trump emphasized that Iran should pay for the deaths of U.S. sailors in the USS Cole attack, stating, “if there’s damages to be paid, I think Iran should pay those damages.”1
In Colombia, a devastating 7.4 magnitude earthquake has resulted in at least 111 fatalities and over 570 injuries, collapsing numerous buildings and prompting the suspension of operations at seven airports. The U.S. has pledged $15.5 million in humanitarian assistance as rescue efforts continue amidst red alerts in five capital cities.2
Meanwhile, in Libya, firefighters are battling a significant fire at the Zawiya refinery, which has been targeted by drone attacks. The National Oil Corporation has warned that further assaults could lead to a declaration of force majeure, halting operations at the country’s largest refinery. The situation remains precarious as the responsibility for the attacks is still unclear.3
“The earthquake in Colombia has forced seven airports to suspend operations and put five capital cities on red alert, with the U.S. pledging $15.5 million in aid. Meanwhile, Libya's NOC warns that further drone attacks could force it to declare force majeure and halt operations at the country's largest operating refinery.”
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