Tensions around the Strait of Hormuz dominated world news, as India summoned Iran’s deputy envoy after an Iranian strike on commercial shipping killed an Indian seafarer and injured others, underscoring the fragility of one of the world’s most vital trade corridors. Against that backdrop, Donald Trump abruptly abandoned his proposed 20% cargo fee for ships using the strait, pivoting instead toward trade and investment deals with Gulf states after what he called productive talks with regional leaders. Elsewhere, governments wrestled with the costs of modern infrastructure: New York imposed a first-in-the-nation one-year moratorium on large new data centers, citing energy and environmental strain from the AI boom, while Britain’s Ofwat ordered South East Water to fund a £30.5 million redress package after repeated supply and service failures. In lighter news, Jordan Walker stunned Philadelphia by rallying past hometown favorite Kyle Schwarber to win the 2026 Home Run Derby.