live Iran says Strait of Hormuz will remain closed until U.S. meets deal terms
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade ...
The 2026 World Cup final is setting new records for sports ticketing costs, characterised by unprecedented price hikes and the debut of controversial sales models.
The data reveals a massive shift in the financial accessibility of the world’s most-watched sporting event, which was once a global fan experience, into one of the most expensive tickets in football history.
Top-tier tickets for the final have reached $10,990, a significant jump from earlier phases where prices sat near $8,680. This represents a staggering six-to-seven-fold increase from the 2022 final in Qatar, where premium seats were priced between $1,600 and $1,700.
Even entry-level access remains out of reach for many:
These "lower" categories reflect nearly a fivefold increase compared to previous tournaments such as the 2022 FIFA World Cup in Qatar.
FIFA president Gianni Infantino has defended the cost of the tickets, saying it is a reflection of the public's demand for the tournament.
In a sports summit in Dubai in December 2025, he said that FIFA has "six to seven million tickets on sale and in 15 days we received 150 million ticket requests."
He stated that an average of 10 million ticket requests was received daily, which shows how powerful the World Cup is.
For the first time, the tournament has fully adopted dynamic pricing. Under this system, ticket costs fluctuate in real-time based on market demand, a model common in the airline and concert industries but previously rare in football.
This has led to reports of prices spiking while fans were actively in the process of trying to purchase them.
Despite the high costs, the event remains one of the most sought-after globally. Millions have applied for tickets, and official phases sold out rapidly, with secondary market listings reaching tens of thousands of dollars.
Fan groups have argued that traditional supporters are being replaced by corporate interests and high-income spectators.
To mitigate criticism, a limited number of $60 "entry tier" tickets were made available. While a symbolic gesture toward affordability, these represent only a tiny fraction of the total allocation.
Beyond the seat price, fans face a growing financial burden, including surging accommodation and travel costs within host cities and complex tax and logistical expenses for both spectators and participating national teams.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Ukraine has targeted at least 20 Wildberries warehouses across Russia since 18 July, disrupting a major logistics network. Kyiv says the strikes aim to disrupt alleged military-linked supplies, while the attacks have caused billions of dollars in losses and wider economic pressure.
South Korea's presidential Blue House said on Monday it was reviewing U.S. President Donald Trump's comments on scaling back joint military drills. It added that it hoped a favourable relationship between Washington and Pyongyang could lead to meaningful talks.
Azerbaijan exported goods worth $17.372 million to Armenia between January and July 2026, according to data from the State Customs Committee, as commercial ties between the two South Caucasus neighbours showed signs of expansion.
Britain will continue to support Ukraine “100 per cent” against Russia’s invasion, Prime Minister Andy Burnham said on Tuesday, after Moscow warned London of consequences over reports that British-made drones had been used in strikes on Russian territory.
Russia has summoned Japan’s ambassador to Moscow and delivered a strong protest over what it called “anti-Russian” remarks by Japanese Prime Minister Sanae Takaichi and Foreign Minister Toshimitsu Motegi concerning four disputed islands.
Pakistan is turning to more U.S. crude as disruption around the Strait of Hormuz exposes the risks of its heavy reliance on Gulf energy supplies.
U.S. Forces Korea (USFK) Commander Xavier Brunson visited South Korea's Defence Ministry on Tuesday to discuss plans to scale back the joint Ulchi Freedom Shield military exercise, according to media reports.
European countries are stepping up investment in drones and counter-drone technology as unmanned systems reshape modern warfare, driving demand for new production and capabilities across the continent.
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