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...
At least six people have been killed and 35 injured in the latest Russian strikes on Kyiv, according to head of Kyiv city military administration Tymur Tkachenko and President Volodymyr Zelenskyy.
Rescue teams reported widespread damage on Tuesday, with fires and structural destruction recorded in eight districts of the capital, the State Emergency Service of Ukraine (SES) said on Telegram. The Kyiv City Military Administration (KCMA) confirmed the updated casualty toll, which includes one child.
The SES said a high-rise in the Podilskyi district was hit at the level of the 15th floor, where 13 people were rescued. Fires were also extinguished in several buildings in the Dniprovskyi district, where 17 residents were brought to safety.
Partial destruction was reported on the 19th and 21st floors of another high-rise, and wooden structures at a sports facility covering 200 m² caught fire, according to the SES. Additional blazes were tackled in the Darnytskyi, Desnianskyi, Solomianskyi, Sviatoshynskyi, Holosiivskyi, Shevchenkivskyi and Obolon districts.
In the Desnianskyi district, nine people were rescued and 50 evacuated after a fire broke out on the seventh floor of a high-rise building. At another address, a blaze affecting the fifth to eighth floors killed one person; 14 were rescued, including a child, and another was freed from rubble.
A nine-storey residential block in the Obolon district was struck, igniting fires across three floors and prompting further evacuations, officials said.
KCMA head Tymur Tkachenko earlier reported 16 injured before the toll rose as emergency crews reached additional sites.
Ukrinform said Russia launched a mass attack on Kyiv and the wider region using missiles and drones, with strikes recorded across much of the city. All emergency services remain deployed at the affected locations.
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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