Here are some of the biggest stories making headlines today, Friday, August 7, 2026:
* Oil prices climb above $83 per barrel as tensions around the Strait of Hormuz continue to raise concerns about global oil supplies and shipping.
* Meta ordered to pay $942 million in New Mexico after a court ruled the company failed to adequately protect children on its platforms. The ruling includes a victim compensation fund and civil penalties.
* Global markets are watching the U.S. jobs report, with investors expecting it to influence upcoming interest-rate decisions by the U.S. Federal Reserve. Stock futures were higher ahead of the report.
* Russia–Ukraine war: Russia has reportedly intensified its attacks, with a record number of glide bombs being used in recent strikes, leading to more casualties and damage.
* Middle East: Israel has reportedly filed a landmark indictment against an Israeli settler over the killing of a Palestinian activist in the occupied West Bank, drawing international attention.
* Saudi Arabia, Türkiye, and Pakistan have signed a new trilateral defense agreement amid growing regional security concerns
* Oil prices climb above $83 per barrel as tensions around the Strait of Hormuz continue to raise concerns about global oil supplies and shipping.
* Meta ordered to pay $942 million in New Mexico after a court ruled the company failed to adequately protect children on its platforms. The ruling includes a victim compensation fund and civil penalties.
* Global markets are watching the U.S. jobs report, with investors expecting it to influence upcoming interest-rate decisions by the U.S. Federal Reserve. Stock futures were higher ahead of the report.
* Russia–Ukraine war: Russia has reportedly intensified its attacks, with a record number of glide bombs being used in recent strikes, leading to more casualties and damage.
* Middle East: Israel has reportedly filed a landmark indictment against an Israeli settler over the killing of a Palestinian activist in the occupied West Bank, drawing international attention.
* Saudi Arabia, Türkiye, and Pakistan have signed a new trilateral defense agreement amid growing regional security concerns
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