US President Donald Trump threatened to impose stiff financial penalties on Russia if it does not end hostilities with Ukraine, while pledging fresh weapons supplies for Kyiv. “We’re going to be doing very severe tariffs if we don’t have a deal in 50 days, tariffs at about 100%,” Trump said Monday during a meeting with NATO Secretary …
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The price of West Texas Intermediate (WTI) fell 2% on Monday after US President Donald Trump did not announce further sanctions on Russian oil, disappointing markets who had been expecting more stringent measures after he touted a “major statement” on the country. The lack of prompt action The price of West Texas Intermediate (WTI) fell …
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Israeli Prime Minister Benjamin Netanyahu encourages the nomination of President Donald Trump for a Nobel Peace Prize for his support of peace in the Middle East, how personal his country’s fight is and more on ‘Life, Liberty & Levin. nn: forget the strike job o the peace prize. Listen to the clarity of thought..
CAIRO/JERUSALEM/GAZA, July 12 (Reuters) – Talks aimed at securing a ceasefire in Gaza are stalling over the extent of Israeli forces’ withdrawal from the Palestinian enclave, Palestinian and Israeli sources familiar with the negotiations in Doha said on Saturday. The indirect talks over a U.S. proposal for a 60-day ceasefire are nonetheless expected to continue, the …
Oil gained as traders braced for fresh US efforts to crimp Russian energy exports. West Texas Intermediate advanced almost 3% to settle above $68 a barrel after President Donald Trump said he plans to make a “major statement” on Russia on Monday and reiterated criticism of President Vladimir Putin. One sanctions bill, which at least …
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Iranian Foreign Minister Abbas Araghchi stated on Saturday that the country’s cooperation with the International Atomic Energy Agency (IAEA) will resume, but in a new form. “Our cooperation with the agency has not stopped, but will take on a new form,” Araghchi said at a meeting with foreign representatives and diplomats in Tehran, adding that …
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Russian President Vladimir Putin voiced on Saturday his country’s commitment to all the agreements it reached with North Korea in a letter he sent to the latter nation’s Supreme Leader Kim Jong-un. Kim received the letter through Russian Foreign Minister Sergey Lavrov, who is currently visiting Pyongyang. “The President sends you his warmest greetings and confirms …
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Yemen’s Houthi rebels have released dramatic footage capturing the moment they sank the Greek-owned cargo ship Magic Seas in the Red Sea, highlighting the growing threat to commercial shipping in the region. The video, published days after the attack, shows the vessel being struck by explosives, boarded by militants, and ultimately sinking following a series of …
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Oil gained for a second straight session as technical levels exaggerated a rally on fresh tensions in the Middle East. “Crude is treading water as short-term fundamentals remain firm, with product tightness supporting crude demand while geopolitical headlines are mixed, with some concerns about potential Houthi attacks in the Red Sea driving modest caution,” said …
OPEC+ surprised markets by announcing a larger-than-expected August output hike of 548,000 bpd. Analysts say actual supply increases remain limited due to ongoing compensation cuts. Strong summer demand, especially from Asia, is expected to absorb the added barrels, but demand could falter this autumn. OPEC+ never fails to surprise speculators and market analysts. This weekend’s …
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