live 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...
Court documents released on Monday (16 March) revealed that the British Broadcasting Corporation (BBC) has asked a U.S. judge to dismiss President Donald Trump's $10 billion defamation suit over a 2024 documentary, arguing his re-election proves the edited 2021 speech did not harm his reputation.
Trump claimed the broadcaster defamed him by splicing parts of his 6 January 2021 speech to make it appear he directed supporters to storm the Capitol.
The documentary, first broadcast in 2024 shortly before the presidential election Trump won, included one segment where he urged supporters to march on the Capitol and another, nearly an hour later, where he said "fight like hell".
While the BBC has apologised for the edit, its lawyers argue that the documentary did not air in Florida, where the suit was filed.
He "cannot plausibly claim that the documentary harmed his reputation," the BBC's lawyers said in their court submissions.
A federal judge in Miami is reviewing the BBC’s motion to dismiss and a trial is set for February 2027 if the BBC's motion to dismiss is not successful.
Senior BBC resignations followed the lawsuit.
In November 2025, the broadcaster’s Director‑General Tim Davie and news chief Deborah Turness resigned after the Panorama film’s edited sequence was criticised for giving a misleading impression of Trump’s speech.
Legal experts say the case could affect how international media handle politically sensitive content. If the BBC succeeds, it reinforces press protections and editorial freedom.
If not, it could encourage similar lawsuits and lead media organisations to be more cautious when covering polarising figures.
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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