The world is facing a “major energy and economic challenge” as oil prices have soared in the wake of the war in the Middle East, International Energy Agency chief Fatih Birol said Thursday.
The Iranian Revolutionary Guard’s intelligence arm said that the project adopted by the Trump administration to contain China, Russia, and Europe has failed.
China announced on Thursday the discovery of 13 oil fields, each with reserves exceeding 100 million tons (750 million barrels), adding that these achievements enhance the country’s energy security and resource self-sufficiency.
The United States is pushing for a new international coalition to restart commercial shipping in the Strait of Hormuz as talks with Tehran stall, according to US news outlets.
Zelensky said that Kyiv has asked the United States for details regarding the Russian proposal for a short-term truce.
Iran’s President Masoud Pezeshkian on Thursday said a US naval blockade on Iranian ports would deepen disruptions in the Gulf and would fail to achieve its targets.
Israel’s Foreign Ministry said Thursday that Israeli forces had arrested about 175 activists aboard 20 ships from an aid-laden flotilla bound for Gaza.
The first direct flight between the United States and Venezuela in seven years was set to take off Thursday, a new sign of a thaw after Washington deposed leftist leader Nicolas Maduro.
US President Donald Trump urged Iran to expedite a deal to permanently end the war, as diplomatic efforts stall and Washington’s blockade of Iranian ports reflects increasingly severe economic repercussions, most notably soaring oil prices. Brent crude rose to over $124 a barrel on Thursday, its highest level since early 2022.
Ukrainian Foreign Minister Andrii Sybiha said Wednesday that Ukraine has officially notified Israel, through diplomatic and legal channels, of its request to “take action against the ‘PANORMITIS’ vessel.”
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