live U.S.-Iran standoff continues as Hormuz shipping and diplomacy remain uncertain
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to res...
Nvidia CEO Jensen Huang is set to meet "global leaders and top Korean executives" during his attendance at the Asia-Pacific Economic Cooperation CEO Summit in South Korea this month, the U.S. AI chipmaker announced on Sunday.
"Huang will participate in activities that highlight NVIDIA’s efforts to advance technology and foster growth in Korea and globally, focusing on AI, robotics, digital twins, and autonomous vehicles," Nvidia said, without providing further specifics.
The CEO event, running from October 28 to 31, will coincide with the annual APEC leaders' summit, where heads of state from the 21 member countries will convene.
Huang is expected to meet with key executives from Korea’s Samsung Electronics (005930.KS) and SK Hynix (000660.KS), both of which produce memory chips used in AI data centres. Samsung declined to comment, while SK Hynix was not immediately available for comment.
On Friday, U.S. President Donald Trump confirmed he would meet with Chinese President Xi Jinping in South Korea in two weeks and hinted at the possibility of reaching a trade deal during the meeting.
Last month, China accused NVIDIA of breaching the country’s anti-monopoly law, marking the latest escalation in the ongoing trade war with the United States, which has seen the chipmaker caught in the crossfire.
The collective-defence agreement between Türkiye, Saudi Arabia and Pakistan signals that regional powers no longer want to rely solely on external security guarantees. Whether it becomes a stabilising deterrent or another axis of rivalry remains unresolved.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
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.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 19th of August, covering the latest developments.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Australia on Thursday condemned Israel’s decision to close its criminal investigation into the deaths of Australian aid worker Zomi Frankcom and six World Central Kitchen colleagues killed in Gaza in April 2024.
North Korea has fired more than 10 short-range ballistic missiles after U.S. President Donald Trump reduced American participation in joint military exercises with South Korea in an effort to revive dialogue with Pyongyang.
Georgia’s foreign trade data for January-July 2026 shows Kyrgyzstan, China and Russia as its top three export markets, highlighting its Middle Corridor ambitions and complex economic ties with Moscow.
Kazakhstan will vote on 23 August in its first parliamentary election under the new Constitution, choosing 145 members of the new Kurultai under a fundamentally changed electoral system based entirely on party lists.
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