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...
Australian Prime Minister Anthony Albanese said on Monday that migration has brought “a great deal of benefit” to the country, amid nationwide anti-immigration rallies over the weekend.
“There’s always been an element of people who would appeal to any immigration as a platform. But migration has, of course, brought a great deal of benefit to our nation,” Albanese told ABC News.
Referring to the protests organised by far-right groups over the weekend, he said some demonstrators were “good people” expressing legitimate concerns, while noting that “what we have here is neo-Nazis being given a platform.”
Albanese described much of the tone at the rallies as “unfortunate” and, in some extreme cases, “hateful.” “The idea that an open neo-Nazi was able to give a speech from the steps of the Victorian Parliament is something that isn’t the Australian way,” he added.
The prime minister emphasised that such protests do not reflect the views of the majority of Australians. He said the country is a modern nation that has “benefited from our multiculturalism, where overwhelmingly people live in harmony across different ethnicities, religions and backgrounds, and we are enriched by the diversity in this country.”
Earlier, far-right groups calling for a halt to immigration held rallies in several cities, including Melbourne and Sydney. Members of the neo-Nazi National Socialist Network spoke at some of these events, using slogans such as “Hail White Australia.”
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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