Japan lifts its long-standing ban on lethal weapon exports, signaling a major shift in national defense policy as the country seeks to enter the global arms trade.

China threatens retaliation against the European Union if the bloc proceeds with a proposed ban on Huawei equipment across the continent.

The Chinese government has threatened retaliatory measures against the European Union should the bloc move forward with a proposed ban on Huawei equipment.

Trump to increase tariffs on EU cars and trucks to 25%. The tariff hike targets automobile imports from the European Union.

President Trump announced he will increase tariffs on European Union cars and trucks to 25%.

Brent Crude prices surpass $119.50 per barrel, reaching the highest level since June 2022.

Brent Crude oil prices have risen above $119.50 per barrel, marking the highest price point recorded since June 2022.

Acting comptroller Jules Hurst estimates the cost of the conflict in Iran at $25 billion, according to testimony provided to the House Armed Services Committee on Wednesday.

Acting comptroller Jules Hurst testified before the House Armed Services Committee that the ongoing conflict in Iran has cost approximately $25 billion.