Global Summary

Venezuela's twin earthquakes on June 24-25 killed at least 164 people and left thousands missing, striking a country already in deep economic and institutional crisis with Acting President Delcy Rodríguez declaring a national state of emergency. The U.S.-Iran memorandum of understanding signed June 17 suffered its most serious breach yet when Iran's IRGC struck a Singapore-flagged commercial vessel in the Strait of Hormuz on June 25, prompting the IMO to pause ship evacuations and directly threatening the 60-day negotiating framework. Ukraine authorized a 40-day offensive on June 25 while deep-strike drone operations hit refineries in Ufa more than 1,300 kilometers from the front, and the Gdańsk Ukraine Recovery Conference produced a World Bank commitment of $3.39 billion and an EU first tranche disbursement of €3 billion. Europe's heatwave reached 101 million people by June 25, forcing EDF to take two French nuclear reactors offline, while France confirmed the continent's first Ebola case outside Africa in a doctor returning from the DRC.

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