live Oil prices fall as Iran vows retaliation over U.S. sanctions
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concer...
The head of the Red Cross said on Saturday that ensuring civilian safety during a mass evacuation of Gaza City would be difficult, as Israel stepped up its military operations.
Israel is advancing with its plan to take full control of the Gaza Strip, starting with Gaza City, with the declared objective of dismantling Hamas after nearly 23 months of conflict. The move comes amid rising international concern over the humanitarian crisis in the enclave, where shortages of food and medicine persist.
Red Cross President Mirjana Spoljaric warned that a mass evacuation from Gaza City could not be conducted safely or with dignity under current conditions. "It is impossible that a mass evacuation of Gaza City could ever be done in a way that is safe and dignified under the current conditions," she said.
She stressed that such an operation would trigger massive displacement, overwhelming other parts of Gaza that already face critical shortages of food, shelter, and medical supplies.
Despite these warnings, the Israeli military said it would continue supporting humanitarian efforts while maintaining its operations against Hamas. On Friday, the army called on civilians to evacuate southwards.
Spoljaric noted, however, that many residents are unable to comply with evacuation orders because of starvation, illness, or injury.
International humanitarian law obliges Israel to ensure civilians have access to food, shelter, and safety during evacuations.
Spoljaric underlined that these obligations are not being met in Gaza, making any evacuation both unfeasible and incomprehensible under the present circumstances.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
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.
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.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Canada has announced nearly $20 billion in retaliatory tariffs on U.S. goods and billions in support for workers and businesses, escalating its trade dispute with Washington after President Donald Trump's latest duties took effect.
Pakistani exporters are facing soaring shipping costs to the U.S., with freight rates more than tripling on some routes as the Iran-U.S. conflict drives up war-risk insurance and fuel costs.
The trial of a Libyan man accused of building the bomb that destroyed Pan Am Flight 103 over the Scottish town of Lockerbie in 1988, killing 270 people, has been postponed by a U.S. federal judge.
France and Saudi Arabia have agreed on plans for a $7 billion manga-themed amusement complex near Paris, inspired by the hugely popular Japanese franchise Dragon Ball Z.
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