Pakistan has deployed 8,000 soldiers, fighter jets, and air defense systems to Saudi Arabia. The troops are operating under a defense pact amid escalating tensions with Iran.
Iran has responded to the US peace proposal through a Pakistani mediator. Tehran is demanding the payment of war reparations from Washington.
The EU plans to appoint a special representative for peace negotiations between Ukraine and the Russian Federation. Kaja Kallas and Mario Draghi are considered among the main candidates.
Tehran has established the PGSA body to insure vessels in the Strait of Hormuz for Bitcoin. The US and the UN oppose the introduction of these transit fees.
LNG shipments to Europe are falling due to the war in the Middle East and demand in Asia. The region is forced to compete for resources to fill gas storage facilities.
A strike has begun in Kenya due to a 23. 5% increase in diesel prices and an 8% increase in gasoline prices. Protesters are burning tires, and schools have switched to online learning.
Meloni asks EU to exclude energy costs from budget deficit calculations. The reasons cited were the war in Ukraine and rising energy prices.
Donald Trump warned Iran of the risk of destruction due to stalling negotiations. The parties cannot reach an agreement regarding the nuclear program and peace terms.
The price of gold dropped to $4,550 due to the war with Iran and the blockade of the Strait of Hormuz. Investors anticipate rising inflation and interest rate hikes.
The price of Brent rose to $111 due to the war between the US and Iran. Risks of oil supply blockades are provoking stock market declines and rising interest rates.
Eight people were killed as a result of Israeli strikes in the Gaza Strip. The attacks took place in Khan Younis and Deir al-Balah amid the failure of peace negotiations.
Netanyahu and Trump discussed a new stage of the war against Iran. The US is threatening Tehran with powerful strikes in the absence of a new nuclear deal.
China will purchase $17 billion worth of US agricultural products annually until 2028. The parties also agreed to resume exports of American beef and poultry.
Cuba has purchased 300 drones from Russia and Iran for strikes on the Guantanamo base and Florida. The US declares readiness for a military response to the threat.
Washington demands the removal of 400 kg of uranium and the renunciation of reparations for negotiations. Iran seeks the lifting of sanctions and recognition of its rights to the Strait of Hormuz.
In Abu Dhabi, a drone hit a generator at the Barakah nuclear power plant outside the inner perimeter. Radiation levels are normal, and the power units are operating in routine mode.
Trump warned Iran of serious consequences in case of refusal of a new deal. The President did not disclose details of the US steps, but called for an agreement.
Manufacturers are stockpiling raw materials due to risks of energy shortages and supply chain disruptions amid the war with Iran. This is intensifying global inflationary pressure.
The Trump administration did not extend the waiver for purchasing Russian oil amid the war with Iran. This decision was made despite the risks of rising fuel prices.
Margus Tsahkna warned Europe against negotiations with the Russian Federation due to its vulnerable state and economic problems. The Minister calls for increased pressure and sanctions on the Kremlin.
The aircraft carrier USS Gerald R. Ford has returned to the US after a record deployment. The crew participated in the standoff with Iran and the operations related to the capture of Nicolás Maduro.
Hackers breached fuel control systems at US gas stations due to a lack of passwords. Iran is suspected in the attack, though actual fuel levels remained unchanged.
Trump is considering the resumption of massive strikes on Iran and its nuclear facilities. The Pentagon has prepared escalation plans for next week.
Due to drought and aid reductions, Somalia is once again threatened by large-scale famine. More than six million people are in a state of food crisis.
China's Ambassador to the UN called the US resolution on the Strait of Hormuz ill-timed. Beijing calls on the parties to negotiate and hints at a possible veto of the document.
The US plans to issue oil drilling permits in Alaska within 30 days to lower prices. The new system will accelerate the implementation of the large-scale Willow project.
Trump announced US permission for the passage of three Chinese tankers carrying Iranian oil. This decision was made ahead of negotiations with Chinese leader Xi Jinping.
Brent and WTI oil prices rose by over 3% due to new disputes between the US and Iran. The market is reacting to the threat to shipping in the Strait of Hormuz.
The US has charged an Iraqi man with plotting terrorist attacks against Jewish sites in Europe and America. The militant was detained in New York and faces life imprisonment.
The parties decided to discuss highly enriched uranium stockpiles later due to the complexity of the topic. Trump called the removal of the material a PR stunt while the war continues.
