SBS News

"Who Caused Oil Prices to Rise Through War?" Trump Pressures Oil Giants to Cut Prices as Election Disadvantage Looms U.S. President Donald Trump has publicly pressured major American oil companies, which have reaped massive profits from rising international oil prices, to immediately lower gasoline prices. SBS Aug 4, 2026 11:15 AM

Hugging Face CEO: "Won't Be Surprised Even If China Dominates Cutting-Edge AI by Year-End" He pointed to China's open collaboration and sharing ecosystem as the driving force behind the advancement of Chinese AI models. SBS Aug 4, 2026 11:09 AM

Denmark Enforces Expanded Conscription: Princess Enlists Amid Russian Threats and Trump's Greenland Pressure Denmark has implemented its expanded conscription system, designed to counter growing Russian threats and U.S. SBS Aug 4, 2026 10:54 AM

"Calculated, Limited Escalation": Iran Takes a Risky Gamble to Extract Concessions From Trump Donald Trump administration over the Strait of Hormuz issue through a strategy of "calculated, limited escalation." Reuters reported this analysis on the 3rd , citing government officials and analysts from Persian Gulf nations. SBS Aug 4, 2026 10:16 AM

"Middle East Oil Transport Faces Worst Crisis Since Outbreak of Iran War" According to shipping analytics firm Kpler, only 8 vessels passed through the Strait of Hormuz on August 2, and 11 vessels on August 3. SBS Aug 4, 2026 10:00 AM

Another Cargo Ship Struck by Projectile Near Entrance to Strait of Hormuz on the 3rd that a cargo ship was struck by an unidentified projectile in the Strait of Hormuz. SBS Aug 4, 2026 9:54 AM

Bloomberg: Japan Spent 125 Trillion Won on Yen Defense Over Two Days Based on an analysis of Bank of Japan accounts, the report estimated that Japanese authorities injected 8.45 trillion yen on the 30th of last month. SBS Aug 4, 2026 9:46 AM

Trump Incensed by Dropped Charges Over Reflecting Pool Damage, Considers Firing U.S. Attorney U.S. President Donald Trump is reportedly considering firing Jeanine Pirro, the U.S. SBS Aug 4, 2026 9:31 AM

"Iran and Oman Nearing Agreement on Hormuz Passage... Service Fees to Be Imposed" The New York Times reported on the 3rd, local time, citing two Iranian officials with direct knowledge of the matter, that the two countries are close to an agreement in which vessels entering the strait would follow a route closer to Iranian-controlled waters, while those departing would take a path closer to Omani-controlled waters. SBS Aug 4, 2026 9:30 AM

TSMC's Kumamoto Plant No. 1 Returns to Normal Operations... Semiconductor Industry Resumes Production 1 in Japan, which had halted production following a magnitude 7.1 strong earthquake last month. SBS Aug 4, 2026 9:16 AM