AFBytes Daily Rundown — Thursday, August 6

Here's what's been making headlines today in the world of news. Iran and Oman are reportedly close to an agreement on the Strait of Hormuz. But the US is not part of the talks. This could affect global oil prices and energy supply for American households and industries. Residents of Kherson in Ukraine continue to face daily Russian drone attacks. This situation tests the balance between U.S. support for partners and domestic fiscal priorities. Israel carried out new airstrikes and artillery fire on southern Lebanon. This could risk drawing Hezbollah into wider fighting that could affect U.S. diplomatic initiatives and regional military posture. The Supreme Court has invalidated tariffs imposed during the Trump administration, refunding approximately $100 billion. This could return capital to importers and affect federal revenue available for other spending. That's the day from where we sit — thanks for spending part of it with us. Stay with us at AFBytes for what's next.