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United States President Donald Trump has issued a stark warning that the North Atlantic Treaty Organization faces a “very bad” future if European allies refuse to contribute military resources toward reopening the Strait of Hormuz, the strategic waterway effectively closed by Iran during the escalating Mideast conflict. Speaking to The Financial Times in a…
NATO air and missile defence assets deployed in the eastern Mediterranean have intercepted a third ballistic missile fired from Iran that entered Turkish airspace, Turkey’s defence ministry confirmed on Friday, marking an escalation in spillover threats from the ongoing Middle East conflict. “A ballistic munition launched from Iran and entering Turkish airspace was neutralised by…
Global crude oil markets recorded their first significant decline since the escalation of Middle East hostilities, with benchmark Brent crude falling 8.45 percent to 90 per barrel and United States West Texas Intermediate (WTI) dropping 8.58 percent to 86.77 per barrel on Tuesday. The correction follows Monday’s dramatic surge that pushed prices past 100…
G7 Ministers to Weigh Emergency Oil Release as Middle East War Triggers Market Chaos Group of Seven finance ministers will convene emergency talks Monday to consider coordinated releases from strategic petroleum reserves in an effort to stabilise global energy markets convulsed by the escalating Middle East conflict, according to a French government source with direct…
United States President Donald Trump has issued a stark warning that any new supreme leader appointed by Iran will require his personal approval to remain in power, directly challenging Tehran’s sovereignty as the country’s clerical establishment prepares to announce its choice to succeed the slain Ayatollah Ali Khamenei. The statement, delivered during an interview…
Asylum applications lodged in the European Union fell by nearly one-fifth last year, marking the second consecutive annual decline, the European Union Agency for Asylum (EUAA) reported on Tuesday. However, the agency cautioned that escalating turmoil inside Iran could rapidly reverse the trend and generate refugee movements of a scale not seen in decades….
Iranian President, Hassan Rouhani, has expressed satisfaction following the confirmation of Joe Biden by the US electoral college as winner of the US presidential elections. Speaking to his cabinet, the Iranian president said that while Iran is not particularly excited about Biden’s win, the country is “very happy” that Donald Trump would cease to be the…
