Daily flyovers
Latest news for 10 July 2026
Quick hits of consequential news from all corners of the world.
- 01
INDIA
An enriched relationship.
Modi and Australian PM Albanese sealed a deal in Melbourne yesterday to unlock commercial Australian uranium exports to India, more than a decade after the two countries struck a civil nuclear deal. India wants 100GW of nuclear power by 2047, but because India is a non-NPT state, it took a decade of legal and safeguards work to get the deal done. (ABC News)
Comment: It must have been a jealousy-inducing sight for Albanese to witness ~30,000 people packed into Melbourne’s Marvel Stadium, beating drums, dancing, and chanting the Indian leader’s name as he took the stage.
- 02
VENEZUELA
Counting the cost.
The UN has launched a $296M appeal to help 1.3 million Venezuelans after last month's twin earthquakes. The official death toll passed 3,800 yesterday and Caracas is now urging the UK and US to release its frozen gold and funds to help pay for recovery. (Euronews)
Comment: That call to release frozen assets puts the UK and US in a bit of a bind: refuse and be blamed for not helping, or release the funds and be blamed when at least some is siphoned away by corrupt elites.
- 03
IRAN
Traffic report.
Tanker traffic through the Strait of Hormuz has “ground to a near halt” after two consecutive nights of US strikes on Iran, while President Trump has again floated seizing the Kharg Island terminal which handles ~90% of Iran's crude exports. (CNBC)
Comment: Bloomberg's tanker-tracking shows the US-backed Omani corridor sitting empty while only a trickle braves Iran's route.
- 04
✧ NATO
Rain check.
NATO is considering skipping next year's summit in Albania, with the alliance's top military officer telling Bloomberg TV the timing is now under discussion after Wednesday's Ankara declaration omitted any date. (Bloomberg)
Comment: NATO chief Mark Rutte said Albania will host but "we still have to decide on the exact timing". Albania is one of the alliance's lowest defence spenders, and nobody in Brussels is keen to give Trump such an easy platform to criticise European defence spending. Amusingly, Belgium's PM apparently flew home from the summit with the revolver and live ammo Erdoğan had gifted NATO leaders; it's now with Brussels airport police. Speaking of Turkey, there are rumours it’s about to announce the sale of its Russian S-400 air defences to the Emiratis, clearing a key legal hurdle for the US to sell F-35 jets to the Turks.
- 05
UKRAINE
Sitting ducks.
Ukraine says its drones hit another 14 Russian vessels in the Sea of Azov overnight, including 12 shadow fleet tankers, taking its four-day tally to about 35 ships. Moscow has been forced to ban diesel exports until 31 July and will begin importing seaborne gasoline for the first time in decades. (PBS)
Comment: Ukraine's drone navy picked off Russian soldiers on a Black Sea gas rig earlier this year and is now hitting the tankers keeping Crimea and Russia's fuel economy afloat. With a third or more of Russian refining capacity offline (per industry and IEA estimates), Ukraine clearly thinks fuel is Russia's Achilles heel.
- 06
SYRIA
In from the cold.
The Organisation for the Prohibition of Chemical Weapons restored Syria's rights and privileges yesterday. Those rights had been suspended since 2021 over Assad-era chemical attacks. On Wednesday, the Trump administration told Congress it intends to lift Syria's state sponsor of terrorism designation. (Al Jazeera)
Comment: Good news for Syria, whose rapid rehabilitation is nothing short of remarkable. The Qatar-drafted OPCW decision drew 67 co-sponsors, and OPCW inspectors now have a permanent in-country presence. The restoration is mostly symbolic, but the international legitimacy will help Ahmad al-Sharaa continue to rebuild Syria.
- 07
SUDAN
Paper trail.
ICC deputy prosecutor Nazhat Shameem Khan told the BBC yesterday, after meeting survivors in eastern Chad, that investigators have made a "breakthrough", with evidence now linking the el-Geneina (2023) and el-Fasher (2025) massacres to leadership-level figures in the ‘Rapid Support Forces’ paramilitary. (BBC)
Comment: The court's Darfur investigation produced its first conviction only last October, more than 20 years after it was first set up (Janjaweed commander Ali Kushayb got 20 years). But as we wrote Monday, the RSF is besieging al-Obeid right now, and no 'legal breakthrough' will change the immediate facts on the ground.

