Ukraine has halted drone strikes on oil tankers using a critical Black Sea port after a request by the US, suspected Chinese hackers hit Taiwan with an autonomous AI cyber attack, and the head of the Boston Federal Reserve thinks policymakers may be forced to raise rates in September. Plus, measures of volatility in stocks and currencies have tumbled this summer despite the geopolitical uncertainty.

Mentioned in this podcast:

JD Vance asked Ukraine to halt strikes on tankers using Russian port

China-linked hackers hit Taiwan in unprecedented ‘autonomous’ AI cyber attack

Americans are struggling to make ‘ends meet’, top Fed official says

Volatility tumbles as markets shrug off Middle East risks

Credit: White House

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The FT News Briefing is produced by Victoria Craig, Sonja Hutson, and Saffeya Ahmed. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.

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US asks Ukraine to stop strikes on tankers using Russian port

FT News Briefing

US asks Ukraine to stop strikes on tankers using Russian port