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Oil prices slip as diplomacy advances and tariff fight clouds outlook

Oil prices retreated as traders weighed signs of progress in United States–Iran nuclear diplomacy against a fresh layer of uncertainty from President Donald Trump’s new across‑the‑board import tariffs. Brent crude futures slipped to around 71 dollars a barrel and US West Texas Intermediate hovered near 66 dollars, giving back......

Iranian Kurdish parties seek unified front as alliance launches amid unrest

Five Iranian Kurdish opposition parties have unveiled a new political alliance aimed at consolidating their long-fractured movement against Tehran at a moment of mounting domestic turmoil and renewed pressure from the United States on Iran’s leadership. The coalition, formally titled the Alliance of Political Forces of Iranian Kurdistan,......

European powers link Ukraine peace to firm security guarantees

Defence ministers from five of Europe’s leading military powers have warned that any eventual peace agreement in Ukraine must be underpinned by binding security commitments, insisting that a simple halt in fighting would leave the country exposed to renewed Russian attack. Meeting in Krakow on 20 February, the E5 group of Britain, France,......

Ukraine’s battlefield gains reshape southern front but diplomacy stalls

Ukrainian President Volodymyr Zelensky says his country’s forces have retaken around 300 square kilometres of territory in the south in some of their most significant advances in months, even as efforts to secure a negotiated end to the war remain blocked. In an interview at the presidential headquarters in Kyiv, Zelensky argued that......

Trump oil embargo pushes Cuba to the brink of collapse

Cuba is sliding deeper into economic turmoil as a sweeping United States oil embargo has throttled fuel supplies to the island, triggering emergency rationing, prolonged blackouts and the grounding of flights during the peak tourism season. President Donald Trump has framed the measures as leverage to force Havana into concessions, warning......

US boosts carrier presence near Iran as Trump sets nuclear deadline

The USS Gerald R. Ford, the world’s largest aircraft carrier, has entered the Mediterranean Sea amid a rapid US military buildup aimed at pressuring Iran over its nuclear program. The carrier passed through the Strait of Gibraltar on Friday, a move confirmed by regional observers and ship-tracking data, and is expected to continue toward......

Iran says US has not demanded end to uranium enrichment

Iran’s Foreign Minister Abbas Araghchi said Washington has not asked Tehran to halt uranium enrichment, directly contradicting repeated public statements by senior US officials who insist that Iran must abandon the activity entirely. In an interview published online Friday by MSNBC’s Morning Joe program, Araghchi stated that neither......

Netanyahu warns Iran as US-Israel military buildup accelerates

Israeli Prime Minister Benjamin Netanyahu has warned Iran that any direct attack on Israel would trigger a response of a scale Tehran “cannot even imagine,” as coordinated military preparations with the United States intensify across the Middle East. Speaking at an Israel Defense Forces officers’ graduation ceremony, Netanyahu......

European gas prices jump as us-iran standoff threatens lng chokepoint

European gas prices have surged as rising tensions between the United States and Iran revive fears of supply interruptions through the Strait of Hormuz, a key route for liquefied natural gas shipments from the Gulf. The Dutch TTF benchmark, Europe’s main gas price reference, climbed back above recent lows in mid-February, extending gains......

Iranian rial plunges as capital flight hits record levels

Iran’s currency has tumbled to historic lows as capital flight accelerates and oil revenues decline under renewed US sanctions, deepening strains on an economy already grappling with high inflation and social pressure over potential bread price increases. The Iranian rial weakened to around 16.3 million rials per US dollar in free market......

European stocks slip as oil surges on US Iran tensions

European equities edged lower on Thursday after reaching record highs a day earlier, as investors weighed a sharp rise in oil prices against escalating tensions between the United States and Iran over Tehran’s nuclear program. The pan European Stoxx Europe 600 index fell 0.1 percent in early trading, hovering around 628 points after......

Ukrainian drones spark fire at Russian oil depot after Geneva talks stall

Russian air defenses intercepted 113 Ukrainian drones overnight from February 18 to 19, the Defense Ministry said Thursday, describing one of the largest waves of drone attacks on Russian territory in recent weeks. The barrage came hours after U.S.-mediated peace talks in Geneva ended without a breakthrough. According to the ministry, the......

White House urges Iran nuclear deal as US military builds up

The White House on Wednesday pressed Iran to reach a nuclear agreement with President Donald Trump as the United States continues to reinforce its military presence in the Middle East, raising the prospect of military action if diplomacy fails. White House press secretary Karoline Leavitt told reporters that diplomacy remains the president’s......

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