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...
Former Bulgarian President Rumen Radev said on Friday that the country will hold a snap election after political parties failed to form a government following the resignation of the previous administration amid widespread protests.
Radev confirmed the decision after offering the Alliance for Rights and Freedoms a final mandate to try to form a cabinet. The party declined, becoming the third political group this week to reject the opportunity, leaving no viable path to a governing majority in parliament.
“We are going to elections,” Radev said.
The move will trigger Bulgaria’s eighth parliamentary election in four years, underscoring prolonged political instability in the European Union’s poorest member state.
Prime Minister Rosen Zhelyazkov’s coalition, backed by the largest parliamentary group GERB-SDS, resigned last month after weeks of street protests against entrenched corruption and a controversial budget that proposed tax increases. His resignation came just days before Bulgaria officially joined the euro zone on 1 January.
Under Bulgaria’s constitution, the president must offer mandates in sequence to parliamentary groups to attempt to form a government. GERB-SDS and the reformist PP-DB alliance both rejected Radev’s earlier offers, citing a lack of support in the fragmented legislature.
No party holds enough seats to assemble a stable majority, forcing the president to appoint a caretaker government and set a date for new elections.
Analysts warn that continued political deadlock could delay reforms, slow the absorption of European Union funds, deter foreign investment and hinder efforts to tackle systemic corruption, despite Bulgaria’s recent entry into the euro zone.
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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