Trump announces meeting with Brazilian President Lula amid tariff dispute
U.S. President Donald Trump said on Tuesday that he will meet Brazilian President Luiz Inácio Lula da Silva next week, as tensions between Washington...
The UK, in coordination with the EU, has reduced the price cap on Russian crude oil from $60 to $47.6 per barrel to increase economic pressure on Moscow.
The United Kingdom has announced a reduction in the price cap on Russian crude oil, lowering it from $60 to $47.6 per barrel. The move, taken in coordination with the European Union, aims to further restrict Russia’s oil revenues and intensify economic pressure on Moscow.
According to a statement by the UK Foreign Office, the new cap directly targets a key source of income for Russia. The goal is to drive down the market value of Russian crude and cut into the country’s financial resources.
UK Chancellor of the Exchequer Rachel Reeves said the decision to lower the cap would help undermine Russia’s oil revenues while maintaining stability in global energy markets. “This step will increase pressure on Russia while protecting energy market stability,” she stated.
Foreign Secretary David Lammy added that the international community could not remain passive while "Putin continues to delay peace negotiations."
The EU also unveiled its latest sanctions package on the same day, confirming a shift in its own cap policy. The bloc announced a dynamic mechanism to set the price cap at 15% below the average market rate, which will now translate into the same $47.6 per barrel figure.
Both the UK and EU are tightening restrictions on Russian energy exports as part of a broader strategy to limit the Kremlin's capacity to fund its ongoing military operations.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
U.S. President Donald Trump said on Tuesday that he will meet Brazilian President Luiz Inácio Lula da Silva next week, as tensions between Washington and Brasília deepen over tariffs and sanctions.
Ukrainian President Volodymyr Zelenskyy is scheduled to meet U.S. President Donald Trump at the United Nations on Tuesday to push for new sanctions on Russia and reinforce U.S. support for Kyiv’s war effort.
The U.S. Secret Service dismantled a network of sophisticated electronic devices in the New York area that had been used to threaten U.S. government officials, the agency said hours before President Donald Trump was due to address foreign leaders gathered at the U.N. General Assembly on Tuesday.
Hamas on Tuesday responded to the joint declaration of an international two-state solution conference in New York, calling it a step toward addressing the Gaza conflict.
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