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South Korea has announced its test of a shipping route across the Arctic to Europe, bypassing the Strait of Hormuz, as part of efforts to enhance supply routes and reduce reliance on traditional maritime pathways. Economically, the price of oil has reached $93, the highest in 21 days, while the dollar dipped to its lowest in three months amid the U.S. Treasury's efforts to calm the bond market. Additionally, Taiwan has increased its defense spending to over $35 billion. Meanwhile, China is calling on the United States to lift tariffs on drones, and Iran has imposed an additional bill of 19 billion euros on European households due to ongoing economic crises.
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