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WSJ What’s News

U.S. Launches New Strikes on Iran

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 8 July 2026

⏱️ 12 minutes

🧾️ Download transcript

Summary

P.M. Edition for July 8. While there’s more fighting in the Middle East, the NATO summit ended with a show of unity between the U.S. and its European allies. We caught up with WSJ Brussels bureau chief Dan Michaels in Ankara to discuss takeaways from the meeting for the U.S., Europe and Ukraine, including President Trump’s warm reception of its president, Volodymyr Zelensky. Plus, the latest forecast from the International Monetary Fund predicts that the world is no longer at risk of a recession caused by the war in Iran. Journal economics reporter Matt Grossman explains why. And Delta Air Lines announces its latest flight tier—basic business. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter.

Transcript

Click on a timestamp to play from that location

0:00.0

Attention all passengers.

0:03.0

The Uber ride for Jeff's rugby team will depart in five minutes from Platform 15.

0:09.0

Your ride comes with six toilets and a refreshments carriage that you'll empty within five minutes.

0:16.0

Thank you for booking your tickets on Uber.

0:19.0

Trains on Uber. Trains on Uber.

0:25.1

The NATO summit wraps up with a show of unity.

0:28.9

Ukraine and President Zelensky come out of this summit about as well off as anybody could have hoped for.

0:36.5

Plus, the U.S. again launches strikes against Iran.

0:39.9

And Y.J.P. Morgan is hoping to make big bucks off deals for small companies.

0:44.7

It's Wednesday, July 8th.

0:46.5

I'm Alex O'Soulaf for the Wall Street Journal.

0:49.0

This is the PM edition of What's News, the top headlines and business stories that move the world today.

1:01.5

The U.S. military launched strikes against Iran today. The military said the strikes were designed to

1:07.3

hurt Iran's ability to control the strait of Hormuz. Iranian media reported explosions around the same areas that the U.S. strikes hit yesterday night.

1:16.2

It's the latest sign that efforts to sign a permanent peace deal with Iran are unraveling.

1:20.9

President Trump said earlier today that the ceasefire was over.

1:26.1

After a two-day meeting in Ankara, Turkey, the leaders of NATO countries are headed home.

1:31.6

Our Brussels bureau chief Dan Michaels chatted with us after the meetings and press conferences

1:35.8

wrapped from within the summit compound in the Turkish National Library.

1:40.0

Dan, you've been on the ground there.

1:41.5

What is the main takeaway from the summit?

1:44.0

NATO lives to fight or they they would say, defend another day.

...

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