Iran’s Foreign Minister Seyed Abbas Araghchi said Iran’s “nuclear bomb” is its ability to reject pressure from world powers, according to WANA News. Araghchi added that while Iran and the United States remain divided over Washington’s approach, the relationship can still be “managed.” He also stressed that Iran’s nuclear program is lawful and peaceful, citing …
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Russian President Vladimir Putin warned on Thursday that new US sanctions targeting Rosneft, Lukoil, and their subsidiaries could drive up global fuel prices, including in the United States. He questioned the motives of advisers within the Trump administration who, he suggested, are influencing President Donald Trump’s decisions on restricting Russian oil exports. Putin added that such measures could …
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The EU member nations approved the 19th sanctions package against Russia, announced by the Danish rotating presidency. The agreement followed Slovakia’s decision to lift its reservation after securing energy and industry-related assurances from the European Commission. “We are very pleased to announce that we have just been notified by the remaining member state that it’s …
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United States Treasury Secretary Scott Bessent spoke to reporters on Wednesday, revealing that there will be a “substantial pick-up” in sanctions against Russia. “We are going to announce [them] either after the close this afternoon or first thing tomorrow morning,” he detailed. Bessent’s comments come on the heels of a Wall Street Journal report, which …
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The Trump administration has removed a “key restriction” on Ukraine’s use of Western-made long-range missiles in its attacks against Russia, the Wall Street Journal reported on Wednesday, citing United States officials. According to the report, Washington’s decision to lift the restriction on Kiev’s use of British-supplied Storm Shadow cruise missiles came before Ukrainian President Volodomyr …
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The price of gold continued to decrease on Wednesday as investors maintained hope that the United States Federal Reserve might reduce its key interest rate at its meeting next week. Meanwhile, US President Donald Trump voiced his expectations that the scheduled talks with his Chinese counterpart Xi Jinping will go “well” and that Washington will “do …
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There are currently “no plans” for a meeting between United States President Donald Trump and Russian President Vladimir Putin in the “immediate future,” a White House official told CBS News on Tuesday.The same source also reported that Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov held a “productive” phone conversation yesterday, but that an …
Gold plunged the most in a dozen years while silver had its biggest drop since February 2021 on Tuesday amid a broad market selloff following a weeks-long rally that sent precious metals to successive record highs. Spot gold fell as much as 6.3% to $4,082.03 an ounce, while spot silver fell as much as 8.7% …
Gold continued its downward spiral on Tuesday, plunging more than 5.5% as investors kept their focus on possible interest rate cuts by the United States Federal Reserve and cooling geopolitical tensions between Washington and Beijing. Gold dropped by 5.52% at 12:41 pm ET to go for $4,116.08 per ounce. Meanwhile, silver went down 8.43% to …
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United States President Donald Trump declared on Monday that there was a “little situation” with Hamas, adding that the militant group was in “violation” of the ceasefire agreement, warning it “will be eradicated if they have to be.” “That will be taken care of very quickly if they don’t straighten it out themselves,” he said. …
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