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.
Iraq has proposed creating a joint security council between Iran and Saudi Arabia, a senior Iraqi official said Sunday, citing a “crisis of trust” between the two regional powers.
Qasim al-Araji, national security adviser to the Iraqi Prime Minister, said Baghdad had presented the proposal to both Tehran and Riyadh.
“The problem between the two countries is a crisis of trust,” al-Araji told state broadcaster Iraqiya TV.
Oil prices fell Monday as investors awaited details on a new U.S. sanctions package targeting Iran, which Washington has described as its toughest-ever economic campaign against Tehran.
West Texas Intermediate futures fell about 1.3 per cent to $85.93 a barrel, while Brent crude declined 1.24 per cent to $93.22.
U.S. Treasury Secretary Scott Bessent is due to announce the measures later Monday.
"At dawn begins an economic D-Day - the single greatest financial offensive ever marshaled against an adversary," Bessent said on X.
Russia reported a major fire at an Ozon logistics hub in Krasnodar after a drone attack on Monday, while Ukraine’s President Volodymyr Zelens...
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffi...
Icelanders will vote on Saturday, 29 August, on whether to begin negotiations with the European Union, in a referendum that could reopen the countr...
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.
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
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.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 22nd of August, covering the latest developments.
Azerbaijan and Uzbekistan have elevated bilateral ties with a Treaty on Eternal Friendship signed by Presidents Ilham Aliyev and Shavkat Mirziyoyev in Tashkent on 23 August. The leaders also agreed to expand trade, investment, transport, and regional cooperation.
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.
Kazakhstan has concluded its first election to the new unicameral Kurultai, with turnout reaching 74.19 per cent, as vote counting begins following a major overhaul of the country’s parliamentary system.
Azerbaijan and Uzbekistan have elevated bilateral ties with a Treaty on Eternal Friendship signed by Presidents Ilham Aliyev and Shavkat Mirziyoyev in Tashkent on 23 August. The leaders also agreed to expand trade, investment, transport, and regional cooperation.
Syria has called for international action after an Israeli drone strike hit a civilian vehicle near Damascus, warning that continued Israeli attacks could deepen instability and put civilians at greater risk.
Pakistan says it has added 12 sites to its UNESCO World Heritage Tentative List, taking the total from 25 to 37 and widening the country's roster of potential future nominations.
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