live Iran reopens Hormuz Strait, demands end to U.S. naval blockade- Saturday 18 April
Iran temporarily reopened the Strait of Hormuz on Friday (17 April) following a ceasefire agreement in Lebanon, ra...
Russia has outlined potential areas for economic cooperation with the Trump administration, including a possible return to using the U.S. dollar in bilateral dealings, Bloomberg News reported, citing an internal Kremlin memo.
The senior-level document, dated this year, reportedly identifies seven areas where Russian and U.S. economic interests could align following a potential settlement of the Ukraine war.
The report said that the Kremlin proposals suggest Russia could once again embrace the dollar as part of a broader economic partnership with Washington.
According to the article, the proposed areas of cooperation include promoting fossil fuels over renewable energy, as well as joint ventures in natural gas projects, including Siberian gas fields, and collaboration on strategic minerals and rare earth elements.
The document also reportedly highlights significant commercial opportunities for U.S. companies.
These could include reconstruction contracts, partnerships in energy extraction projects, broader access to Russian markets, and investment gains tied to large-scale resource development.
Reuters said it could not independently verify the report.
The United States had been considering potential sanctions relief for Russia as U.S. President Donald Trump sought to restore ties with Moscow and bring the Ukraine war to an end.
However, in January, a U.S. official said Trump would allow a bipartisan sanctions bill targeting countries doing business with Russia to move forward in Congress, suggesting that sanctions pressure could still remain in place.
The past 24 hours of the Russia-Ukraine war have seen a drastic escalation in both aerial bombardment and frontline losses.
Iran reopened the Strait of Hormuz to commercial shipping on Friday (17 April) for the first time since the U.S. and Israel killed Iran's ex-Supreme Leader in air strikes, triggering the Middle East conflict, at the end of February. A U.S. blockade on Iranian ports, however, remains in force.
Russia published addresses of manufacturers allegedly producing drones or components for Ukraine on Wednesday (15 April), warning European countries against plans to step up UAV supplies to Kyiv.
Netflix shares fell sharply on Friday after the streaming group issued a weaker-than-expected outlook and said chairman and co-founder Reed Hastings will step down from the board.
U.S. President Donald Trump says Israeli and Lebanese leaders have agreed to a 10-day ceasefire that includes Hezbollah, raising cautious hopes of a pause in hostilities after weeks of escalating tensions.
The Trump administration extended a sanctions exemption on some Russian oil as prices continue to skyrocket in the wake of the U.S.- Israeli war against Iran on Friday (17 April).
Australia and Japan signed contracts on Saturday (18 April) launching their landmark A$10 billion ($7 billion) deal to supply Australia with warships, Tokyo's most consequential military sale since ending a military export ban in 2014.
Leaders from across Europe and beyond gathered in Paris on Friday for a summit aimed at managing the global impact of the Middle East conflict.
European leaders have set out plans for a coordinated defensive mission to restore freedom of navigation in the Strait of Hormuz, once security conditions allow, following talks involving more than 40 countries.
NeaNearly 900 Rohingya refugees were reported missing or dead in the Andaman Sea off Myanmar in 2025, making it the deadliest year on record, the United Nations Refugee Agency said on Friday.
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