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...
Hamas is set to release three Israeli hostages on Saturday as part of a phased exchange agreement aimed at easing the conflict in Gaza.
Among those expected to be freed is Yarden Bibas, the father of baby Kfir and four-year-old Ariel, who were kidnapped during the October 7, 2023, Hamas-led attack. Hamas previously claimed that the children and their mother, Shiri, were killed in an Israeli airstrike, though no confirmation has followed.
U.S.-Israeli dual national Keith Siegel and French-Israeli dual national Ofer Kalderon are also included in the exchange. In return, Hamas will receive 182 Palestinian prisoners and detainees.
The truce, brokered by Egypt and Qatar with U.S. support, has also enabled the reopening of Gaza’s Rafah crossing. On Saturday, 50 injured militants and 50 wounded civilians, along with their escorts, are expected to travel to Egypt. An additional 100 individuals, likely students, may also be allowed through on humanitarian grounds.
So far, 15 of the 33 hostages designated for release in the first stage of the deal have been freed in exchange for 400 Palestinian prisoners. Negotiations are set to begin by Tuesday on a second phase, which could see the release of more than 60 remaining hostages and the potential withdrawal of Israeli forces from Gaza.
The six-week ceasefire has remained intact despite accusations from both sides of violations
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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