The World in Brief from The Economist

Russian drones caused a fire and damage at Izmail, a grain export hub and Ukraine’s largest Danube port. Also, increases in the share price of Samsung Electronics and SK Hynix helped push the country’s KOSPI index up 4%.

Donald Trump insisted that America has “total control” of the Strait of Hormuz.

Donald Trump insisted that America has “total control” of the Strait of Hormuz; American inflation slowed to 3.5% to 3.4% in July, in line with analysts’ expectations

The new head of Iran’s Supreme National ‌Security Council said the Strait of Hormuz would not reopen until America “changes its behaviour.” Also, Francesca Hong, a progressive, narrowly lost to David Crowley, a moderate, in the Democratic primary for governor of Wisconsin.

The newly appointed secretary of Iran’s Supreme National Security Council said the Strait of Hormuz would not reopen until America “changes its behaviour” and accepts Iran’s conditions for ending the war, according to Iranian state media.

The newly appointed secretary of Iran’s Supreme National ‌Security Council said the Strait of Hormuz would not reopen until America “changes its behavior” and accepts Iran’s conditions for ending the war, according to Iranian state media; The Houthis said they attacked a cargo ship in the Bab al-Mandab strait that was transporting Saudi military equipment

Colombia declared a state of emergency after an earthquake killed at least 160 people.  Also, Nvidia said it had approached six of the biggest names in finance to help it raise $500bn to spend on AI infrastructure.

An earthquake rocked western Colombia, killing at least 111 people and trapping many more beneath rubble.

An earthquake rocked western Colombia, killing at least 111 people and trapping many more beneath rubble; Donald Trump dismissed Iran’s demand for compensation for damage caused by the war