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CNBC World NewsAug 12, 2026
Hormuz closure squeezes global economy as oil demand destruction intensifies, IEA says
The IEA expects oil demand to fall by 1.6 million barrels a day in 2026 as high fuel prices and Strait of Hormuz disruptions weigh on consumption.

BBC News Front Page | WorldAug 12, 2026
ICE plans to equip agents with gloves that can deliver electric shocks
The US immigration agency is spending $20m on gloves that deliver a sharp electric shock intended to compel subjects to comply.
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