Iran Seizes Tanker Carrying Smuggled Fuel
Iranian authorities have seized a foreign tanker carrying more than 6 million litres of smuggled fuel in the Sea of Oman....
On Monday, U.S. President Donald Trump announced plans to significantly raise tariffs on India over its continued purchase and resale of Russian oil, accusing New Delhi of profiting from the war in Ukraine.
"India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don’t care how many people in Ukraine are being killed by the Russian War Machine," Trump said in a post on Truth Social.
"Because of this, I will be substantially raising the Tariff paid by India to the USA."
Although he did not specify the new tariff rate, Trump previously declared he would impose a 25% tariff on Indian imports and hinted at additional penalties.
His comments come amid mounting pressure on India, which has maintained strong energy ties with Russia since the start of the Ukraine war.
Despite Trump's threats, two Indian government officials told that India intends to continue purchasing Russian oil.
The sources spoke on condition of anonymity due to the issue’s sensitivity.
The Oligarch’s Design is an investigative documentary exploring how financial power, political influence and carefully constructed narratives can shape conflict and public perception.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
Turkish President Recep Tayyip Erdoğan reiterated his offer to host Ukraine-Russia peace talks in Ankara, at his meeting with Russian President Vladimir Putin. The talks took place on the sidelines of the international Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday (12 December).
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
EU foreign policy chief Kaja Kallas has warned that without concrete concessions from Russia, such as limiting its military forces or curbing its defence budget, new conflicts could erupt elsewhere, even if Ukraine receives security guarantees.
The latest round of clashes between Thailand and Cambodia has left 15 Thai soldiers dead and 270 others injured, Thailand’s Ministry of Defence spokesman Surasant Kongsiri said at a press conference on Saturday.
Iranian authorities have seized a foreign tanker carrying more than 6 million litres of smuggled fuel in the Sea of Oman.
A United Airlines flight heading to Tokyo was forced to return to Washington Dulles International Airport shortly after takeoff on Saturday after an engine failure, prompting an investigation by U.S. aviation authorities.
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