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...
President Donald Trump expressed frustration over the ceasefire deal between Israel and Hamas, stating that he was losing patience after seeing footage of Israeli hostages released over the weekend, whom he compared to Holocaust survivors.
Speaking aboard Air Force One en route to New Orleans for the Super Bowl, Trump reacted to the frail appearance of the three hostages freed on Saturday. “They look like Holocaust survivors. They were in horrible condition. They were emaciated,” he told reporters. “I don’t know how much longer we can take that ... at some point we’re going to lose our patience.”
Trump acknowledged the ongoing deal but criticized its slow progress: “I know we have a deal ... they dribble in and keep dribbling in ... but they are in really bad shape.”
The three released hostages - Ohad Ben Ami, Eli Sharabi, and Or Levy – were taken captive during Hamas' attack on southern Israel on October 7, 2023. They were freed on Saturday, appearing in significantly worse condition than previous hostages released under the truce agreed on January 15. In exchange, Israel freed 183 Palestinian prisoners.
Israeli Prime Minister Benjamin Netanyahu called the condition of the hostages shocking, vowing to address the matter.
Trump also reaffirmed his commitment to U.S. ownership of Gaza following Palestinian removal, an idea he proposed on February 4 during Netanyahu's visit to Washington. He suggested that other Middle Eastern nations could help rebuild parts of Gaza under U.S. oversight.
“As far as us rebuilding it, we may give it to other states in the Middle East to build sections of it, other people may do it, through our auspices. But we’re committed to owning it, taking it, and making sure that Hamas doesn’t move back.”
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.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment