Happy Friday. It was a heavy news week, and today is no exception, but there are a few bright spots tucked in with the hard stuff. Here are the ten stories worth your time this morning.

1. US and Iran trade attacks as Khamenei is buried (BBC News). The ceasefire that seemed within reach three weeks ago is unraveling fast, with US strikes on 90 targets and Iran answering across the Gulf, so this is the story shaping everything else right now.
2. Big fall in oil, gas and cargo ships taking the Hormuz route after new strikes (BBC News). About a fifth of the world’s oil moves through this one waterway, so when tankers start avoiding it, you eventually feel it at the pump.
3. Trump flies partway home from the NATO summit on an old Air Force One (NPR). The surprise plane swap happened just as the US and Iran resumed trading strikes, a small detail that says a lot about how tense the security picture has become.
4. Twelve die in a Spain wildfire as the heatwave continues in southern Europe (BBC News). Europe’s brutal summer keeps taking lives, and the fire in Almería is a grim preview of what forecasters say could be weeks more of extreme heat.
5. Factory fire kills at least 28 in China’s shoe capital (BBC News). The blaze is renewing hard questions about industrial safety in the manufacturing hubs that make so much of what the world wears.
6. Ukraine strikes Russian ships near Crimea in a push against fuel supplies (BBC News). Kyiv is trying to choke off the routes that keep occupied Crimea running, a strategy that could matter more than any single battlefield advance.
7. Chip giant SK Hynix raises $26.5bn in a mega US share sale (BBC News). The AI boom just produced the largest US market debut ever by a foreign company, a useful measure of how much money is chasing the chips behind it all.
8. Outcry as Meta lets users make AI images from public Instagram profile pics (BBC News). Privacy campaigners call it a recipe for disaster, and if your profile is public you may want to check your settings today.
9. Bangladesh reports 120,000 measles cases after years of progress (BBC News). Hospitals are overwhelmed and children are dying from a disease vaccines can prevent, a sobering reminder of how quickly public health gains can slip away.
10. NASA launches a mission to save a falling space telescope (BBC News). A robot is chasing down a dying telescope to push it back into a safe orbit, and it might be the most hopeful thing you read all day.

That’s the roundup. All credit goes to the reporters at BBC News and NPR linked above. See you tomorrow.