Deadly strike in southern Lebanon sparks dispute over responsibility

A deadly artillery strike in southern Lebanon has intensified tensions along the Israeli-Lebanese border, with conflicting accounts emerging over who was responsible for the incident. The attack struck a house in the village of Qlayaa, killing a local priest and raising concerns among residents about the growing instability in the region. According......

European Parliament backs first binding global treaty on artificial intelligence

The European Parliament voted to approve the European Union’s formal conclusion of the Council of Europe’s Framework Convention on Artificial Intelligence, Human Rights, Democracy and the Rule of Law, clearing the way for the EU to ratify the first legally binding international treaty focused on AI governance. The approval vote......

BlackRock CEO says Iran conflict could lower energy prices long term

BlackRock chief executive Larry Fink said a military conflict with Iran could ultimately reduce global energy prices over the long term, offering a view that contrasts with the current surge in oil markets. Speaking Wednesday at BlackRock’s US Infrastructure Summit in Washington, Fink argued that a broader opening of Iran’s energy......

Iran threatens to block oil flows through strategic Strait of Hormuz

Global oil markets surged into sharp volatility after Iran warned it could halt all oil shipments passing through the Strait of Hormuz, a key maritime corridor that carries about 20 percent of the world’s crude supply. Crude prices briefly climbed above 100 dollars per barrel this week for the first time since Russia’s invasion......

G7 Countries release strategic oil reserves ahead of leaders’ meeting

Several G7 nations have announced the release of strategic oil reserves in response to rising energy prices, ahead of a scheduled leaders’ meeting. Japan and Germany took the initiative to ease market pressures caused by the ongoing Middle East conflict, signaling coordinated action among the world’s largest economies. Japanese......

Spain ends mandate of its ambassador to Israel amid diplomatic tensions

The Spanish government has officially ended the mandate of its ambassador to Israel, marking a new stage in the strained diplomatic relationship between the two countries. The decision was formalized through a royal decree published in Spain’s official state bulletin. The diplomat, Ana María Sálomon Pérez, had already......

Dubai gold trades at rare discount as war disrupts global bullion flows

Gold is trading at an unusual discount in Dubai, one of the world’s most important hubs for physical bullion trade, as conflict involving the United States, Israel, and Iran disrupts transport routes and breaks the supply chains linking the precious metal to global markets. Traders in Dubai are offering discounts of up to 30 dollars......

North Korea backs Iran's appointment of new Supreme Leader

North Korea has expressed support for Iran’s appointment of Mojtaba Khamenei as the country’s new Supreme Leader, according to state media. The leadership change follows the death of his father during recent strikes by the United States and Israel. In an official statement, North Korea’s Foreign Ministry condemned what it......

Rising casualties and mass displacement reported in Lebanon amid Israeli strikes

The humanitarian toll of the ongoing conflict in Lebanon continues to rise as authorities report a growing number of casualties and displaced civilians following a series of Israeli airstrikes across the country. According to updated figures released by Lebanon’s health authorities, at least 570 people have been killed since the escalation......

Italy expresses solidarity with Türkiye after missile fired from Iran

Italy has expressed solidarity with Türkiye after a ballistic missile fired from Iran briefly entered Turkish airspace before being intercepted by defense systems. Italian Foreign Minister Antonio Tajani said in Rome that Italy stands alongside Türkiye and shares the concerns of the Turkish people following the incident.......

Defense stocks surge to record highs as US Iran war enters second week

Defense companies on Wall Street reached new record levels as the military campaign involving the United States and Israel against Iran entered its second week, driving investors toward aerospace and weapons manufacturers expected to benefit from rising global defense spending. Shares of Lockheed Martin hit a new all-time high, while Northrop......

EU leaders clash over Iran war as divisions deepen across Europe

More than a week after the United States and Israel launched strikes against Iran, European leaders remain sharply divided on how to respond, exposing deep fractures within the European Union over the conflict. The disagreement erupted publicly in Brussels when European Commission President Ursula von der Leyen and Spanish Deputy Prime Minister......

Oil surge to $120 revives global push for renewable energy

The ongoing war involving the United States and Israel against Iran has disrupted a significant share of global energy supplies, pushing oil prices sharply higher and renewing calls worldwide to accelerate the transition toward locally produced renewable energy. Now entering its second week, the conflict has halted roughly one fifth of the......

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