Oil prices surge following U.S. blockade of sanctioned Venezuelan oil tankers
International oil prices rose sharply on Wednesday after U.S. President Donald Trump ordered a “total and complete blockade” of all U.S.-sanctione...
President Trump announced steep new tariffs on seven more countries starting 1 August, intensifying his push for what he calls "fair trade" amid rising global tensions.
U.S. President Donald Trump confirmed on Wednesday that tariffs ranging from 20% to 30% will be imposed on goods from seven additional countries—Algeria, Sri Lanka, Brunei, Iraq, Libya, Moldova, and the Philippines—starting 1 August.
According to letters shared on Truth Social, the Philippines will face 20% tariffs, Brunei and Moldova 25%, and Iraq, Algeria, Sri Lanka and Libya 30%.
Trump emphasized that these measures are aimed at correcting long-standing trade imbalances and warned that any retaliation would prompt even higher U.S. tariffs.
The new wave follows previously announced duties on countries including Japan, South Korea, and others, as part of an expanded executive order signed earlier this week.
Cambodia must be the first to declare a ceasefire in the ongoing border conflict, Thailand said on Tuesday (16 December), as fighting continued despite earlier claims that hostilities would stop and at least 52 people have been killed on both sides.
The latest clashes between Thailand and Cambodia mark a dangerous escalation in one of Southeast Asia’s oldest and most sensitive disputes.
In the complex world of international diplomacy, the ongoing tensions between India and Pakistan have raised significant questions about the role of third-party mediation.
President of the Republic of Azerbaijan Ilham Aliyev is visiting the United Arab Emirates at the invitation of President Sheikh Mohamed bin Zayed Al Nahyan on Wednesday, 17 December, as the two countries seek to further strengthen their partnership.
Citizens from an additional seven countries, including Syria, are being banned from travelling to the U.S. from the 1st of January next year. President Donald Trump made the annoucement on Tuesday (16 December) now has a total of 39 countries banned from entering the States.
International oil prices rose sharply on Wednesday after U.S. President Donald Trump ordered a “total and complete blockade” of all U.S.-sanctioned oil tankers entering and leaving Venezuela.
Ukrainian President Volodymyr Zelenskyy is calling on European Union leaders at a summit in Brussels to approve the use of billions of euros from frozen Russian assets to support Ukraine’s military and economic needs.
Brazil’s Senate has approved a bill that could sharply reduce the prison sentence of former president Jair Bolsonaro, a move that is expected to face strong opposition from President Luiz Inácio Lula da Silva and the Supreme Court.
Prime Minister Benjamin Netanyahu has greenlit a landmark energy agreement that will see Israel export natural gas valued at approximately $35 billion to Egypt.
A sweeping $901 billion defence policy bill has been approved by the U.S. Senate on Wednesday, clearing the way for President Donald Trump to sign it into law.
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