live Oil prices fall as Iran vows retaliation over U.S. sanctions
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concer...
Wildfires, driven by intense heatwaves, strong winds, and in some cases suspected arson, raged across southern Europe on Wednesday, torching homes, farmland, and factories while forcing thousands of residents and tourists to flee.
In Greece, flames swept through olive groves and forests near Patras, disrupting rail traffic and engulfing a cement factory in thick smoke.
Authorities ordered mass evacuations, including residents from two islands popular with tourists — Chios and Cephalonia.
In Spain, a volunteer firefighter died from severe burns while battling a blaze in the Castile and Leon region, bringing the country’s wildfire death toll this year to six. The extreme heatwave, now in its tenth day, has kept much of Spain at the highest fire risk level.
Other blazes were sparked by lightning strikes, such as in Los Romeros, Andalusia, and in Portugal’s Trancoso area, where a previously contained fire reignited.
Albania is also facing a 'critical week,' with 24 active wildfires threatening villages and forcing people to evacuate with their livestock. Across the region, experts warn that insufficient prevention measures are putting firefighters’ lives in danger and urge investments in forest management to avoid catastrophic losses.
Southern Europe’s extreme weather has also disrupted daily life — Pope Leo moved his weekly audience indoors to avoid dangerous heat, while Italy issued red alerts for 16 cities, with Florence expecting temperatures up to 39°C (102°F).
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
A wildfire in Croatia driven by strong winds descended on the tourist town of Omis overnight, engulfing houses, forcing about 1,000 people to evacuate to safety and injuring dozens, fire brigade and health officials said on Friday.
Rhossi, a rare Kemp’s ridley sea turtle that washed up near death on a Welsh beach in 2023, has returned to Texas after more than two years of rehabilitation in the UK.
Glacier coverage in Kyrgyzstan’s Issyk-Kul Basin has shrunk by 33.7 per cent over the past 70–90 years, according to an updated glacier inventory by Kyrgyzhydromet. The agency says the pace of glacier retreat has accelerated sharply in recent years.
Extreme heat and historically low river levels are forcing nuclear power plants across Southeast Europe to reduce production, increasing pressure on already stretched electricity supplies and prompting governments to call for lower consumption.
Flash floods in Gansu Province in China's northwest last week killed 25 people and injured 23 more, the official Xinhua news agency reported on Sunday, raising earlier death tolls.
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