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...
Hamas is expected to release Israeli hostages in two stages beginning at 8 AM Monday, as Israel confirms preparations for the first exchanges under the Gaza ceasefire brokered by the U.S.
Israel said on Sunday that hostages held in Gaza are expected to be freed early Monday as part of the first phase of a ceasefire deal reached between Israel and Hamas under a plan announced by U.S. President Donald Trump.
According to Israel Hayom, Hamas will release the Israeli hostages in two batches, with the first group expected to be freed starting at 8 AM local time. “Israel is ready to receive hostages if they are released earlier,” said Shosh Bedrosian, a spokeswoman for Prime Minister Benjamin Netanyahu’s office.
Bedrosian added that Israel will free Palestinian detainees once the hostages are safely returned from Gaza. Under the current arrangement, 2,000 Palestinian prisoners, including 250 serving life sentences and 1,700 detained since October 2023, will be released in exchange for 48 Israeli hostages, including 20 alive.
The truce marks the implementation of the first phase of a 20-point plan unveiled by President Trump on 29 September. The proposal seeks to secure a full ceasefire in Gaza, ensure the release of all Israeli captives, and oversee a gradual withdrawal of Israeli forces from the enclave. The first phase took effect on Friday.
A second phase of the plan calls for the formation of a new governing mechanism in Gaza without Hamas participation, the deployment of a multinational force, and the disarmament of the group.
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.
Türkiye has established four sub-commissions to oversee the implementation of a new legal framework tied to the disarmament of the outlawed Kurdistan Workers’ Party (PKK).
Central Asia is moving beyond experiments with digital assets as governments begin putting new forms of digital money into practice.
Parents in Gaza are being urged to stop their children flying kites after Israel threatened tougher military action over those drifting across the border.
Armenia is “free” to leave the Collective Security Treaty Organisation (CSTO), Kremlin Spokesperson Dmitry Peskov has said. He made the remarks after Armenian Prime Minister Nikol Pashinyan said he would be “very pleased” if the Russian-led military alliance expelled Armenia.
Armenia’s Anti-Corruption Committee has disclosed details of a criminal case involving former President Robert Kocharyan, saying he and five other people - including his son - have been detained as part of a corruption investigation.
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