AnewZ Morning Brief - 3 February, 2026

AnewZ Morning Brief - 3 February, 2026
Reuters

Start your day informed with AnewZ Morning Brief: here are the top news stories for the 3rd of February, covering the latest developments you need to know.

U.S. slashes tariffs as India agrees to ditch Russian oil

India has agreed to cease purchasing Russian oil and lower barriers to U.S. goods, after President Donald Trump cut American tariffs on Indian imports from 50% to 18%. The deal, which also commits New Delhi to buying more than $500 billion in U.S. energy and technology, was announced following a call with Prime Minister Narendra Modi, who hailed the move as a boost for "Made in India" products. 

Israel reopens Rafah crossing as U.S.-backed peace plan advances

Israel has reopened the Rafah crossing on Monday, allowing a small number of Palestinians to leave Gaz for medical treatment, marking a key step in the U.S.-brokered ceasefire deal. However, strict Israeli security checks meant only a handful of patients managed to cross into Egypt by nightfall, frustrating those desperate to escape the the Strip where 20,000 await urgent care. 

Iran president signals readiness for talks with U.S. amid naval buildup

Iranian President Masoud Pezeshkian has authorised new negotiations with the United States, instructing his foreign minister to prepare for "equitable and fair" talks provided threats are removed. The move comes as U.S. warships amass near the Iranian coast following deadly domestic unrest, with President Trump warning that "bad things" could happen if a deal on nuclear concessions is not reached. Reports suggest a meeting between U.S. and Iranian envoys is set for Friday in Istanbul, with regional powers including Saudi Arabia and Egypt expected to attend in a bid to avert a wider conflict.

Ukraine-Russia-U.S. talks rescheduled for Abu Dhabi

The Kremlin has confirmed that trilateral peace talks involving Russia, Ukraine and the United States will now take place in Abu Dhabi on 4-5 February, following a brief postponement to align schedules. Spokesperson Dmitry Peskov described the negotiations as "complex" but noted that some common ground had been found, whilst reiterating that any direct meeting between Presidents Vladimir Putin and Volodymyr Zelenskyy must occur in Moscow. 

SpaceX acquires xAI in trillion-dollar merger

Elon Musk has merged his artificial intelligence (AI) firm xAI into SpaceX, creating an “innovation engine” valued at around $1.25 trillion. The deal aims to build a space-based AI ecosystem, and will see the integration of advanced computing with orbital infrastructure. Musk argues that future demand for processing power can only be met off-planet.

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