Saudi shuts down oil pipeline as Houthis tighten grip on Red Sea shipping
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad sayin...
India's Trade Minister Piyush Goyal will visit Washington on 22 September to accelerate talks on a long-pending trade deal, following recent progress in negotiations resumed last week.
"The delegation plans to take forward the discussions with a view to achieve early conclusion of a mutually beneficial trade agreement," an official statement said on Saturday.
On 16 September, a U.S. delegation led by Brendan Lynch, Assistant U.S. Trade Representative for South and Central Asia, met Indian trade officials in New Delhi.
Trade discussions with U.S. officials on Tuesday were "positive" and "forward-looking", New Delhi said, after U.S. President Donald Trump struck a more conciliatory tone following punitive tariffs on India over its Russian oil purchases.
But it was not immediately clear whether New Delhi would discuss the Trump administration's H1B visa fee hike and the demand to cut Russian oil purchases, or open its agriculture and dairy sector for U.S. companies, a major demand from Washington.
The Trump administration on Friday issued an executive order requiring companies to pay a $100,000 per year fee for an H1B visa, set to take effect from Saturday midnight, in a move that India said would hit its huge IT services industry.
Trump last month imposed a 25% punitive levy on Indian imports from 27 August, doubling overall tariffs to 50%, as part of Washington’s pressure campaign on Moscow over its invasion of Ukraine.
A planned U.S. delegation visit to New Delhi from 25-29 August was cancelled after talks stalled, with India resisting U.S. demands to open its vast farm and dairy markets.
Exporters have warned the full impact of higher tariffs would be felt from September, once the new duties took effect.
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
Mexico and the U.S. are racing to secure a trade deal before the U.S. midterm elections in less than eight weeks, according to six sources familiar with the talks, with failed negotiations between Washington and Canada adding urgency.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
A Russian strike on a gas station in Kyiv has killed two people, the city's Mayor Vitali Klitschko said in a statement on Telegram. In Russia, online marketplace Ozon has suspended operations in Saratov, southwestern Russia, following a drone strike on a warehouse in the region.
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad saying the strike originated from Iraq.
Russia's Defence Ministry said its forces struck two cargo vessels overnight in the Ukrainian Black Sea port of Chornomorsk, the Interfax news agency reported on Saturday.
U.S. President Donald Trump said on Saturday he would “love” to see British-run Northern Ireland unify with Ireland, remarks made during a visit to Dublin that drew a sharp response from pro-British unionists in Northern Ireland.
BRICS leaders have called for maximum restraint over the war in the Middle East, warning against actions that could further worsen tensions as the United States and Iran resume strikes against each other.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
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