live Iran's Araghchi says Hormuz deal 'very close' but hinges on U.S. compensation
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that t...
U.S. defence start-up Castelion has secured contracts to integrate its Blackbeard hypersonic weapon with Army and Navy systems, marking a step toward global deployment of next-generation strike missiles.
Castelion said on Friday it will work with the U.S. Army to mount the Blackbeard hypersonic strike system onto platforms such as the High Mobility Artillery Rocket System (HIMARS), which has seen extensive use in Ukraine.
The company also confirmed an agreement with the U.S. Navy, though terms of both contracts were not disclosed.
The move comes amid heightened competition with China and Russia to develop manoeuvrable hypersonic missiles capable of evading current air defences.
Hypersonic weapons travel at more than five times the speed of sound in the upper atmosphere and can alter direction mid-flight.
Their development has become a strategic priority for the U.S. military, which is seeking both capability and affordability.
Blackbeard is Castelion’s first hypersonic weapon system and is designed for mass production, with a target cost in the “hundreds of thousands of dollars” per unit.
The company said it aims to produce thousands annually at full-scale capacity — a marked shift from the traditionally high-cost, low-volume models of previous programmes.
President Donald Trump’s proposed 2026 budget earmarks $25 million for hypersonic integration efforts, though the plan has yet to be enacted by Congress.
U.S. firms including Stratolaunch, Raytheon (a unit of RTX), and Lockheed Martin are also racing to bring hypersonic capabilities into service.
The Pentagon views the diversification and expansion of these technologies as vital to maintaining strategic deterrence.
An agreement between Iran and the U.S. to reopen the Strait of Hormuz is expected "soon," a U.S. official has said. The deal would result in the resumption of commercial shipping through the sea passage and the lifting of an American naval blockade on Iranian ports.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 8th of August, covering the latest developments.
U.S. President Donald Trump said negotiations to reopen the Strait of Hormuz are progressing and suggested an agreement with Iran could be reached “soon”.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Typhoon Dolphin lashed Japan’s southern Okinawa prefecture on Saturday, injuring six people, disrupting flights and leaving more than 50,000 buildings without power, as China shut ports and suspended transport services ahead of the storm’s expected arrival on its east coast.
Global food commodity prices rose in July to their highest level since January 2023, driven by higher cereal, sugar and vegetable oil prices, according to the UN Food and Agriculture Organization (FAO).
Ukrainian President Volodymyr Zelenskyy said Ukraine is increasingly penetrating Russia's air-defence network, as both sides stepped up overnight strikes on energy, logistics and port infrastructure.
Türkiye has started restricting commercial ship traffic into the Black Sea due to the government's increasing concern about a surge in Russian and Ukrainian attacks on ships, Bloomberg News has reported, citing unnamed sources.
Taiwan’s cabinet is set to propose a 16 per cent annual increase in defence spending for 2027, taking the total above T$1 trillion ($31 billion) for the first time, according to the official Central News Agency.
Spain checked around 200 travellers arriving from Italy on the first day of reintroduced border controls, following a dispute between the two countries over irregular migration.
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