Zelensky warns Iran war is stalling Ukraine peace talks

Ukrainian President Volodymyr Zelensky said the conflict in Iran is disrupting peace negotiations over Ukraine and straining critical missile supplies needed to defend against Russian attacks. Speaking to the BBC during a visit to London on March 17, he said the situation raises serious concerns for Kyiv. Zelensky said the growing focus of......

Spain reaffirms strong support for Ukraine amid Middle East tensions

Spanish Prime Minister Pedro Sanchez assured on Wednesday that ongoing tensions in the Middle East would not reduce his country’s commitment to Ukraine as it continues to face Russian aggression. During a joint press conference with Ukrainian President Volodymyr Zelenskiy, both leaders highlighted new cooperation agreements in defense......

US waives sanctions on deals involving Venezuela’s PDVSA

The United States government has issued a new general license that waives certain sanctions on transactions involving Venezuela’s state‑owned oil company, Petróleos de Venezuela, S.A. (PDVSA), according to the U.S. Treasury Department. This move marks a significant shift in Washington's policy toward Caracas and its embattled......

Colombia alleges deadly border bombing as Ecuador denies responsibility

Colombia’s president Gustavo Petro has accused Ecuador of carrying out airstrikes near their shared border that left 27 people dead, escalating a diplomatic dispute between the neighboring countries. Ecuador’s government has rejected the claims, insisting its military operations have remained strictly within its own territory. The......

Hormuz traffic partially resumes as oil prices surge on Gulf attacks

Global oil prices climbed sharply on Tuesday as renewed Iranian attacks on energy infrastructure in the Gulf reversed a brief decline, with Brent closing above 100 dollars per barrel and US crude gaining nearly 3 percent on the day. The rally comes as the conflict involving the United States and Israel against Iran enters its third week,......

BHP appoints Brandon Craig as next CEO to drive growth strategy

BHP Group said Brandon Craig will become chief executive on July 1, succeeding Mike Henry after more than six years in the role, signaling continuity in the mining company’s long term strategy. Craig currently serves as president of BHP Americas, where he has overseen growth initiatives across Canada, the United States and South America......

Trump seeks to delay Xi summit as Iran war reshapes priorities

US President Donald Trump said he has requested a one month delay to his planned summit with Chinese President Xi Jinping, citing the ongoing war with Iran as the reason for remaining in Washington. Speaking at the White House, Trump said he wanted to travel to China but considered it necessary to stay in the United States due to the conflict.......

Oil prices dip as Iraq and Kurdistan resume exports via Turkey

Global oil prices declined on Wednesday after Iraq and Kurdish authorities agreed to restart crude exports through Turkey’s port of Ceyhan, offering limited relief to a market strained by weeks of supply disruptions linked to the Middle East conflict. Brent crude futures fell about 2.2 percent to around 101 dollars per barrel, while......

Fund managers raise cash at fastest pace since COVID amid Iran war

Global investor confidence has fallen to its lowest level in six months as the war involving Iran and growing stress in private credit markets push fund managers toward their most defensive positioning since the early stages of the COVID-19 pandemic. Bank of America’s March global fund manager survey, covering 210 institutional investors......

Altman sparks backlash with developer tribute amid AI layoffs

OpenAI chief executive Sam Altman faced widespread criticism after posting a message thanking software developers at a time when job cuts linked to artificial intelligence are accelerating across the technology sector. Altman wrote on X that he felt “enormous gratitude” toward people who built complex software “character......

Euro falls below 1.1500 as traders await Fed and ECB decisions

The euro weakened against the US dollar, slipping below the 1.1500 level on Tuesday as markets positioned ahead of key policy decisions from the Federal Reserve and the European Central Bank. The EUR/USD pair closed near 1.1491 after opening at 1.1505, marking its lowest level in seven months. The Federal Reserve began its two day policy......

Russian oil revenues surge after US sanctions waiver boosts exports

Russia’s oil revenues recorded a sharp weekly increase after a temporary US sanctions waiver and rising global prices linked to tensions with Iran triggered a rapid market reversal, easing months of pressure on Moscow’s energy income. Seaborne oil export revenues rose by about 890 million dollars in the week ending March 15, reaching......

Goldman says fuel prices hit harder than crude in oil shock

Goldman Sachs warned that the ongoing conflict involving the United States, Israel and Iran is driving sharper increases in refined fuel prices than in crude oil, even as Brent remains above 100 dollars per barrel amid one of the largest supply disruptions on record. The bank’s commodities team, led by Daan Struyven, raised its short-term......

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