G7 Finance Chiefs Gather Amid Growing Economic Anxiety Finance ministers and central bank governors from the Group of Seven nations are holding high-level talks in Paris as governments race to contain the economic fallout from the ongoing conflict involving Iran, rising energy prices and growing instability in global financial markets. The meetings, hosted by France […]
U.S. President Donald Trump said Friday that he and Chinese President Xi Jinping agreed Iran must never be allowed to obtain nuclear weapons, marking one of the strongest public signs of alignment between Washington and Beijing on the escalating Middle East crisis. Speaking after high-level talks in Beijing, Trump said the two leaders also agreed […]
Chinese President Xi Jinping and U.S. President Donald Trump wrapped up a high-profile summit in Beijing on Friday projecting optimism about stabilizing relations between the world’s two largest economies, even as major disagreements remained unresolved over Iran, Taiwan, trade and regional security. The three-day summit, held amid heightened global tensions and economic uncertainty, produced warm […]
A fragile ceasefire between the United States and Iran came under renewed strain on Thursday after fresh fighting erupted in and around the Strait of Hormuz, but President Donald Trump insisted the truce remains in place. The flare-up marked the most serious test yet of the month-old ceasefire, raising fresh concerns over regional stability, oil […]
Israeli Strike Hits Beirut’s Southern Suburbs Israeli forces carried out an airstrike on Beirut’s southern suburbs, targeting what officials said was a senior commander in Hezbollah. The strike marked Israel’s first attack on the Lebanese capital’s southern outskirts since a ceasefire was declared last month, raising fresh concerns about a wider regional escalation. Israeli authorities […]
U.S. President Donald Trump said on Thursday that he believes the conflict involving Iran could end quickly, as Tehran reviews a new U.S.-backed peace proposal aimed at formally ending months of hostilities and reopening diplomatic negotiations. The latest diplomatic push comes amid growing international pressure to prevent further escalation in the Middle East following weeks […]
U.S. forces destroyed six Iranian small boats and intercepted multiple cruise missiles and drones during a new confrontation in the Strait of Hormuz on Monday, according to Admiral Brad Cooper, the head of U.S. Central Command. The clash unfolded as Washington expanded operations aimed at protecting commercial shipping through one of the world’s most critical […]
A new wave of tension has hit the strategically vital Strait of Hormuz after a South Korean-operated vessel caught fire following an explosion, while Iran struck a UAE oil facility just hours after President Donald Trump said the U.S. Navy would help commercial ships pass through the increasingly dangerous waterway. The incidents mark a sharp […]
The OPEC+ alliance is set to approve another modest increase in oil production quotas for June, pressing ahead with its supply strategy despite the ongoing closure of the Strait of Hormuz, one of the world’s most critical oil shipping routes, according to sources familiar with the matter. Planned Output Increase Continues “Business as Usual” Seven […]
U.S. President Donald Trump has expressed dissatisfaction with a new negotiation proposal from Tehran, raising fresh doubts about prospects for ending the ongoing conflict between the United States and Iran. According to U.S. officials, the latest Iranian offer seeks to prioritize ending hostilities and reopening key shipping routes particularly the strategic Strait of Hormuz, while […]