World news

World news

US Treasury Secretary Scott Bessent described the Iranian oil waiver as a 'narrowly tailored, short-term authorization permitting the sale of Iranian oil currently stranded at sea,' which is expected to release about 140 million barrels. He emphasized that Iran 'will have difficulty accessing any revenue generated.'

Having endured more than two years of relentless physical, political and legal attacks, most fiercely in Palestine, Unrwa has reached breaking point. The risks to Palestinians' rights and the stability of the region are immense.

Mojtaba was announced as supreme leader on March 9 after his fellow hardliners rallied behind him to succeed his father. His public response was limited to a written statement on Telegram three days later, intensifying the speculation about how badly he was wounded during Israel's strike on his father's residence.

The Russian-flagged, state-owned tanker the Anatoly Kolodkin departed March 8 from Primorsk, Russia, carrying 750,000 barrels of crude that, once refined, could provide Cuba with several precious weeks of energy.

Eid al-Fitr, a time for Muslims to celebrate the end of Ramadan, was overshadowed by the ongoing conflict in the Middle East, particularly in East Jerusalem.

Iran has stated that the Strait of Hormuz is open for ships from countries that are not considered enemies, indicating a selective blockade. Iranian Foreign Minister Abbas Araghchi emphasized that they are ready to provide safe passage to Japanese vessels, urging them to contact Iran for discussions on transit.

A drone targeted the headquarters of the Iraqi National Intelligence Service in the Mansour district at about 10am local time, resulting in the death of one police officer.

Inflation is still stubbornly above its 2% target, and while the jobs sector is weak, it has not been alarming enough to spur significant action from the rate-setting Federal Open Market Committee (FOMC).

I'm not putting troops anywhere. If I were, I certainly wouldn't tell you. But I'm not putting troops. We will do whatever is necessary. A White House official stated: There has been no decision to send ground troops at this time, but President Trump wisely keeps all options at his disposal.

The war in the Middle East is creating a major energy crisis, including the largest supply disruption in the history of the global oil market.