Saudi shuts down oil pipeline as Houthis tighten grip on Red Sea shipping
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad sayin...
British Prime Minister Keir Starmer is reportedly urging Poland to award a multi-billion-euro submarine contract to the Swedish defence company Saab, a deal that may involve UK defence firm Babcock, according to sources. Babcock declined to comment on its potential role in the bid.
A British government spokesperson did not address the specific report but stated that exports of warships and fighter jets were contributing billions to the UK economy. "We are making defence an engine for growth – creating jobs and bolstering the UK economy, while reinforcing our commitment to NATO allies and European security," the spokesperson said in a statement.
A Saab spokesperson told Reuters on Friday that the company’s submarines are designed to meet the specific conditions of the Baltic Sea but deferred any questions about the UK’s stance to the British authorities.
Polish officials have indicated that a decision on the "Orka" programme, a key initiative in Warsaw’s efforts to modernise its navy and strengthen NATO ties amidst growing tensions with Russia, could be made in the coming weeks.
Saab, which produces a wide range of military equipment including fighter jets, surveillance systems, missiles, and submarines, is among the shortlisted contenders for the contract, along with manufacturers from Italy, Spain, France, Germany, and South Korea.
Two officials familiar with the matter told Reuters that Starmer, along with Swedish Prime Minister Ulf Kristersson, signed a letter of support, which was included in Saab's final offer, submitted at the end of October.
Political manoeuvring
While Starmer is eager to boost the British economy, his involvement also highlights the political manoeuvring taking place across Europe as countries compete for lucrative defence contracts in response to rising military spending due to tensions with Russia.
"UK’s Babcock, along with other British partners, will participate in Sweden’s bid," one of the sources said, speaking anonymously because they were not authorised to discuss the matter publicly.
In their joint letter, Starmer and Kristersson expressed confidence that the Swedish proposal would enhance security in the Baltic Sea, according to an official who has seen the document.
Polish media have reported that the offers from Germany, Italy, and Sweden are the leading contenders in the multi-billion-dollar programme. All three countries are NATO and EU partners of Poland.
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
Mexico and the U.S. are racing to secure a trade deal before the U.S. midterm elections in less than eight weeks, according to six sources familiar with the talks, with failed negotiations between Washington and Canada adding urgency.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
A Russian strike on a gas station in Kyiv has killed two people, the city's Mayor Vitali Klitschko said in a statement on Telegram. In Russia, online marketplace Ozon has suspended operations in Saratov, southwestern Russia, following a drone strike on a warehouse in the region.
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad saying the strike originated from Iraq.
Russia's Defence Ministry said its forces struck two cargo vessels overnight in the Ukrainian Black Sea port of Chornomorsk, the Interfax news agency reported on Saturday.
U.S. President Donald Trump said on Saturday he would “love” to see British-run Northern Ireland unify with Ireland, remarks made during a visit to Dublin that drew a sharp response from pro-British unionists in Northern Ireland.
BRICS leaders have called for maximum restraint over the war in the Middle East, warning against actions that could further worsen tensions as the United States and Iran resume strikes against each other.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
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