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...
U.S. Secretary of State Marco Rubio has held talks with Lebanese President and Israeli Prime Minister on efforts to ease tensions between Israel and Lebanon. According to a U.S. official, Washington has proposed a plan aimed at achieving a gradual de-escalation of hostilities.
The U.S. has proposed that as a first step, the Iranian-backed Hezbollah militant group would stop all attacks on Israel and in return Israel would refrain from escalation in Beirut, the official said.
"This would create space for gradual de-escalation and an effective cessation of hostilities," according to the official.
They added that Aoun tried to advance the proposal and secure an agreement. However, Lebanese Parliament Speaker Nabih Berri, who claimed to "guarantee" Hezbollah's commitment to a ceasefire, placed the burden on Israel to stop "shooting first."
Netanyahu had said on Sunday that he ordered troops to move further into Lebanon in the battle against Hezbollah, despite a ceasefire announced more than six weeks ago.
Israeli troops have seized the 900-year-old Beaufort Castle and a strategic ridge in southern Lebanon, according to the military.
The advance came a day after one of the heaviest Hezbollah barrages on northern Israel since the April ceasefire, leading to school closures and restrictions.
The U.S. official said that the U.S. did not expect Israel to absorb ongoing attacks on its civilians from Hezbollah.
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
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.
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.
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.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
Armenia's efforts to move closer to the European Union have gained political momentum in Yerevan, but the country's potential membership bid is not currently part of the EU's immediate enlargement agenda, according to a senior European Council official.
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.
Syrian and Israeli officials held U.S.-brokered talks in Jordan on Sunday to ease tensions after an Israeli strike on a Syrian airbase near Türkiye last week.
Kazakhstan has elected its first unicameral Kurultai, bringing into force a sweeping political overhaul launched less than a year ago. The vote marks a major step in implementing the country’s new Constitution.
Uzbekistan is looking to Singapore as it builds a fintech ecosystem designed to attract global investment, technology companies and talent.
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