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Brent crude climbed toward $100 a barrel Tuesday after Houthi missile and drone strikes hit Saudi energy sites over the weekend, wounding at least 73 people. Attacks on Saudi facilities reopened a front the industry had largely dismissed and reintroduced Saudi facility risk into every 2027 oil futures contract.

Global shipping authorities warned of a trade breakdown if Gulf tanker traffic remains under sustained attack from both Iranian forces and Houthi missiles. Insurance premiums for Gulf transits have already doubled since Friday, according to marine underwriters.

Canada's $27.6 billion retaliatory tariffs against US goods took effect Tuesday, escalating a trade war now moving from rhetoric to real dollars flowing out of US exporters' pockets. Analysts said this is the first time in decades Canada has imposed sanctions on Washington at a scale meaningful enough to reshape consumer prices on both sides of the border.

The tariffs target Republican-held US districts, hitting agricultural exports, industrial machinery, and packaged food in categories Ottawa chose for political leverage. American exporters said the first invoices under the new duties will hit their books by the end of the week.

The US Navy sank an Ecuadorian fishing boat in the Pacific this weekend, alleging drug-trafficking ties in an escalation of enforcement in international waters. Ecuadorian officials said the boat's crew were licensed commercial fishermen and demanded a US investigation into their deaths.

The sinking follows earlier US Navy strikes on Venezuelan-flagged vessels in the Caribbean this summer under the same broad interdiction authority. Legal scholars said the practice pushes decades-old maritime rules well past their intended limits without congressional authorization.

Pyongyang and Moscow opened their first road bridge across the Tumen River, connecting the two countries by vehicle for the first time in their history. North Korean state media framed the crossing as a boost to tourism, trade and personnel exchanges, while Ukrainian investigative group Truth Hounds calls it a covert military logistics corridor.

The Eiffel Tower was shut by a staff strike Monday after management moved female workers off shift for a private visit by a religious dignitary. Unions said the accommodation violated France's laïcité principles and demanded reinstatement of the affected workers.

The trial of three men accused of killing Australian surfer brothers Jake and Callum Robinson opened Monday in Ensenada, Mexico. Prosecutors alleged the 2023 killings were part of a botched robbery targeting the brothers' truck and camping gear.

Schools and government offices on Kauai, Niihau and Oahu are shut on Tuesday after Hurricane Lowell forced Gov. Josh Green to act as the storm tracked past the island chain. Forecasters warn of up to 24 inches of rain on parts of Kauai, along with damaging winds, mudslides and possible tornadoes across a county of more than 73,000 residents.

Satisfaction with the US school system has fallen to just 32%, an 11-point collapse in two years and the weakest result Gallup has recorded in 27 years of asking. Dissatisfaction climbed to a record 67% in the August survey, which Gallup conducted with the Walton Family Foundation and shared exclusively with the AP.

The US Coast Guard joined a Bahamas search for a missing plane carrying four family members flying home to Florida. Search vessels and aircraft covered a 200-mile track between Marsh Harbor and Fort Lauderdale through Monday night with no debris found.

Novartis shares fell more than 9% today after del-desiran failed a late-stage clinical trial, days after cholesterol drug pelacarsen also missed its cardiovascular endpoint. Marking a third setback in seven days, the Swiss drugmaker has watched late-stage bets on muscle and heart disease come apart in quick succession.

Mistral, the French AI lab, hit a $24 billion valuation Tuesday after Samsung led a new funding round positioning the company as Europe's AI champion. Analysts said the round consolidates Mistral's lead over other European frontier-model contenders.

Strong demand for autos and high-tech goods drove China's exports up 25% in August, swelling the monthly trade surplus to $119.09 billion from $112.5 billion in July. Imports rose 28.2% but missed the 30% economists expected, and shipments to the US surged 34.4% ahead of a Xi Jinping meeting with Trump planned for late September.

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Isar Aerospace launched its Spectrum rocket on a historic test over the weekend, the first European company to reach orbital-class launch since ArianeGroup. Executives said the industry is "desperate" for more launch providers beyond SpaceX.

Arm's CEO — the UK's biggest chip company — said AI will cure cancer within a generation, citing accelerating drug-discovery pipelines already producing results in oncology. Cancer researchers said the timeline is optimistic but agree AI is compressing early-stage discovery from years to months.

Instagram users are increasingly facing ransom demands after scammers file fake copyright claims against their accounts, forcing creators to pay to unblock their content. Meta said it is investigating the pattern but has not disclosed how many accounts are affected.

Christian Gonzalez agreed to a four-year, $135 million extension with New England, $102 million of it guaranteed, sources told ESPN. Signing less than 48 hours before Wednesday's Super Bowl LX rematch against Seattle, the 2023 first-rounder edges past Devon Witherspoon's $132 million Seahawks deal from last month.

New York activated Aaron Judge on Monday night, more than three months after a fractured right rib shut down the three-time MVP. Yankees hitters went 45-39 without him but rank 26th in runs scored across that stretch, and he rejoins the lineup Tuesday against Colorado.

Shohei Ohtani returned to the lineup on Monday and said he is most likely finished pitching this season, calling the decision disappointing and shifting his focus entirely to hitting. Accumulated ailments had cost him four straight games, and he went 0-for-3 with two strikeouts in his first game back.

A 6-1, 6-4 win over Iva Jovic sent Coco Gauff into her first quarterfinal at Flushing Meadows since she lifted the title there in 2023. Riding a 10-match winning streak and nine consecutive straight-sets victories, the longest such run of her career, she meets Mirra Andreeva on Wednesday.

Summer box office set an all-time record of $4.67 billion in domestic ticket sales, cementing what studios are calling the strongest theatrical rebound since before the pandemic. Marvel, DC, and independent breakouts all contributed, with "Spider-Man: Brand New Day" carrying the biggest share.

Star Trek marked its 60th anniversary Monday, six decades after the original debuted on NBC in 1966 and started a franchise now spanning more than 25 total series and films. Paramount will celebrate with a global fan-day livestream and a franchise-wide theatrical re-release later this fall.

Prince George began at Eton College Monday, joining the boarding-school institution that has produced twenty British prime ministers. George joins his father William's alma mater at the scheduled start of the autumn term.

What it is: Canada's $27.6 billion in retaliatory tariffs against US goods took effect Tuesday, marking the first time in the modern era that Ottawa has imposed sanctions on Washington at a scale meaningful enough to reshape prices on both sides of the border. Prime Minister Mark Carney's government targeted US agricultural exports, industrial machinery, and consumer electronics — categories chosen partly for their concentration in Republican-held congressional districts.

The detail: The escalation began with the Trump administration's 50% blanket tariff on Canadian steel and aluminum this spring, expanded to a broader tariff regime targeting Canadian manufactured goods over the summer, and has now reached the retaliatory phase. Canadian consumer prices for US-produced grocery items are expected to rise 12-18% within the next month, while American prices for Canadian lumber, hockey equipment, and industrial-grade auto parts are already climbing at Sun Belt distribution centers.

Why it matters: US-Canada trade is the largest bilateral trading relationship in the world, worth roughly $760 billion in 2024, and roughly nine million American jobs are tied to it directly or indirectly. When the two economies drift apart at this speed, supply chains built over three decades of NAFTA and USMCA integration cannot be reassembled quickly, and the pain lands hardest on rural US border states and Canadian manufacturing towns simultaneously.

What to watch: Whether Congress moves to constrain Trump's Section 232 tariff authority before the November midterms, and whether either government blinks and opens back-channel talks after the first round of consumer-facing price shocks hits shelves. Also worth tracking: whether Bombardier follows through on any US expansion after the president's public threat to block its jet sales, or whether the Canadian aerospace giant instead accelerates existing plans to build more capacity in Mexico.

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