Daily Digest — 27 Jun 2026

The US launched strikes on Iranian missile and drone storage facilities in the Strait of Hormuz overnight, after President Trump accused Tehran of violating the ceasefire agreed during nuclear talks. Despite the escalation, oil fell 2.3% to $⁠70.24, suggesting markets are pricing in limited disruption or demand concerns. Gold rose 1.4% to $⁠4,103 and silver followed, as investors hedged against uncertainty. The attack came as Egypt faced Iran in the World Cup — a football match that briefly cut through the geopolitical tension.

In the UK, Home Secretary Shabana Mahmood is calling for the sacking of minister Mike Tapp after he published an unauthorised article on immigration, while simultaneously speeding up a bill on safe asylum routes aimed at winning over Labour’s left flank. Andy Burnham, expected to become the next prime minister, pledged to donate 15% of his MP’s salary to local causes. Meanwhile, the UK recorded its hottest June day for the third day in a row, hitting 37.3°C in Suffolk.

Venezuela is reeling from a pair of earthquakes that have killed at least 920 people, with hundreds still trapped and international rescue teams arriving. A new 4.9 tremor struck yesterday, compounding the devastation. In the US, a judge held a prosecutor in contempt for media comments in the Charlie Kirk murder case.

Crypto markets saw a rebound led by Solana ecosystem tokens (SOL up 6.2%) as tokenised stock trading gained momentum, and Aave’s founder hinted at token buybacks. Bitcoin steadied near $⁠60,000. In AI, OpenAI previewed GPT-5.6 Sol but limited its rollout after a government request, while Anthropic was allowed to release its Mythos model to selected companies and agencies. Novak Djokovic took a new role as strategic advisor to private equity firm General Atlantic.