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Middle East crude shipments push oil tanker rates to six-year high amid U.S.-Iran tensions

Freight costs for transporting crude oil from the Middle East surged to their highest level in six years as exporters accelerated shipments while tensions escalate between the United States and Iran. The cost of chartering a very large crude carrier capable of carrying two million barrels from the Persian Gulf to Asia exceeded 170,000 dollars......

Brazil says it does not want a “New Cold War” ahead of Trump meeting

Brazil’s President Luiz Inacio Lula da Silva said on Sunday that his country does not want a “new Cold War” at a press briefing in New Delhi, ahead of an expected meeting with Donald Trump in Washington next month. Lula urged the United States to treat all nations equally and avoid unnecessary geopolitical confrontation. Speaking......

Venezuela grants amnesty to 379 political prisoners amid transition

Venezuela’s justice system has approved the release and amnesty of 379 political detainees, marking a significant development during the country’s ongoing political transition. The measure follows the adoption of an amnesty law by the National Assembly, promoted by lawmaker Jorge Arreaza. Authorities stated that judicial procedures......

Spain calls EU commissioner’s attendance at Trump Board of Peace meeting a mistake

Spain has condemned the European Commission for sending one of its members to the launch meeting of President Donald Trump’s Board of Peace in Washington, calling the move a political mistake that contradicts the European Union’s stated principles on the Middle East. Spanish Foreign Minister José Manuel Albares said it “pained”......

Pacific: new US strike against suspected drug traffickers leaves three dead

A new United States military strike targeting a vessel suspected of involvement in drug trafficking has left three people dead in the Pacific Ocean, according to an official statement from US authorities. The operation forms part of a broader counter-narcotics campaign that has been underway for the past six months in waters stretching across......

Merz seeks trade balance with China amid Ukraine war tensions

German Chancellor Friedrich Merz will travel to China next week for his first official visit since taking office, aiming to recalibrate ties with Berlin’s largest trading partner while navigating sharpening geopolitical rifts with Washington and Moscow. The trip, which begins with his departure from Berlin on Tuesday, is designed to......

Supreme Court curbs trump's emergency tariff powers in landmark ruling

The U.S. Supreme Court has invalidated most of President Donald Trump’s emergency tariffs, ruling that he exceeded his authority by using the International Emergency Economic Powers Act to impose sweeping duties on imports from dozens of trading partners. In a 6-3 decision in the consolidated cases Learning Resources v. Trump and Trump......

Türkiye calls for Genuine Us-Iran negotiations to avoid war

Türkiye has expressed hope that the United States and Iran can resolve their differences through meaningful dialogue, avoiding the need for military confrontation. Speaking in Washington, Turkish Foreign Minister Hakan Fidan emphasized that Ankara favors diplomacy over escalation. He stated that Türkiye’s primary wish is to......

FIFA pledge for Gaza stadium sparks debate over postwar priorities

FIFA has promised to spend $50 million on a new national soccer stadium in the Gaza Strip, unveiling the plan at the first meeting of President Donald Trump’s Board of Peace in Washington as part of a broader reconstruction drive for the war‑devastated territory. The commitment comes as international institutions estimate that roughly......

kim leverages nuclear shield as trump weighs new iran strikes

As President Donald Trump considers ordering a second wave of strikes on Iran’s nuclear infrastructure in less than a year, North Korean leader Kim Jong Un is watching from a position of renewed strategic confidence. The large-scale U.S. military deployment to the Middle East, the biggest in more than two decades, has reinforced Pyongyang’s......

Euro slips to four-week low as hawkish Fed and tensions unsettle markets

The euro weakened toward a four-week low against the dollar on Friday, as investors responded to a more hawkish tone from the Federal Reserve and rising geopolitical tensions involving Iran. The euro was last trading just below 1.18 dollars and was heading for a weekly loss of around 0.8 percent, putting it on track for its sharpest weekly......

Norway rejects Trump peace board while hosting Gaza aid talks

Norway has reaffirmed that it will not join U.S. President Donald Trump’s Board of Peace, even as it prepares to host a key international donor meeting on Palestinian aid in the spring. Oslo’s position directly contradicts Trump’s recent claim that Norway had agreed to host an event for the new initiative, which is formally......

US energy chief threatens IEA withdrawal over climate focus

US Energy Secretary Chris Wright has warned that Washington could pull out of the International Energy Agency unless the body sharply scales back its work on climate change and returns its focus to traditional energy security. Speaking after a two‑day ministerial meeting in Paris, Wright said the United States would use “all the pressure......

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