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...
Brazilian President Luiz Inácio Lula da Silva has said he will urge U.S. President Donald Trump to avoid a "new Cold War" when the two leaders meet in Washington next month.
Speaking at the end of a three-day visit to India, Lula said Brazil did not want escalating geopolitical tensions and called on the United States to treat all countries equally.
“I want to tell U.S. President Donald Trump that we don't want a new Cold War,” Lula told reporters in New Delhi. “We don't want to interfere in any other country; we want all countries to be treated equally.”
Lula said he expected to meet Trump in the first week of March, adding that discussions would focus on trade, immigration, investment and university partnerships.
He declined to comment on Friday’s U.S. Supreme Court decision striking down many of Trump’s tariffs on global goods entering the U.S. Trump later said the measures would be replaced by 15% levies under a separate law.
Lula said he believed relations between the U.S. and Brazil would improve.
Ties between Brazil and the U.S. have fluctuated during the presidencies of Lula and Trump.
In 2025, Washington imposed tariff increases of up to 50% on a range of Brazilian exports, prompting criticism from Brasília that the measures were excessive.
Some of those additional tariffs were later rolled back, a move Lula welcomed as evidence that dialogue remained possible.
On 3 January 2026, Brazil also criticised U.S. military action in Venezuela, describing it as an "unacceptable line", a stance that added strain to bilateral relations despite continued diplomatic engagement.
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.
Rescuers in Nepal used helicopters on Thursday to scour for hundreds still missing after a wall of mud and rock collapsed into a river on the Himalayan border with China's Tibet, sending catastrophic floods through towns and valleys, killing 162 people.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
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.
Iranian President Masoud Pezeshkian has called for greater economic cooperation among Muslim countries, saying their combined economic weight remains disproportionately small compared with their population, strategic location and resources.
A glacial collapse that triggered catastrophic flooding along the Nepal-Tibet border on Wednesday has killed at least 270 people, with more than 1,000 still missing. Here are some of the most devastating glacier-related disasters recorded around the world:
The UN Children’s Fund (UNICEF) says 3.7 million children across Afghanistan are suffering from acute wasting, a dangerous form of malnutrition, including around one million with severe acute malnutrition, as hospitals and aid services face rising demand and funding shortages.
Kremlin Spokesperson Dmitry Peskov has dismissed media reports that CIA Director John Ratcliffe visited Moscow earlier this week to warn Russia against attacking NATO, dismissing them as "scare stories," which had nothing to do with reality.
Icelanders will vote on Saturday, 29 August, on whether to resume negotiations with the European Union, in a referendum that could reopen the country’s long-debated membership question.
Israel is set to return the body of a 15-year-old Palestinian boy more than nine months after he was killed by Israeli forces and his remains were placed in Israeli custody, according to a Palestinian campaign seeking the return of bodies.
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