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...
EU foreign ministers convened in an urgent meeting following U.S. Vice President J.D. Vance's controversial speech at the Munich Security Conference, signaling a potential shift in transatlantic relations. The ministers reaffirmed Europe's unwavering support for Ukraine and committed to enhancing de
EU foreign ministers convened for urgent talks on Sunday morning in Munich following a controversial speech by U.S. Vice President J.D. Vance, which raised concerns over shifting transatlantic relations.
According to Ukrainian news outlet European Pravda, the meeting, led by EU foreign policy chief Kaja Kallas, underscored Europe’s united stance in supporting Ukraine and bolstering its own defense. “We are wrapping up the 2025 Munich Security Conference with a productive conversation among EU foreign ministers still in Munich. Europe remains steadfast in backing Ukraine, and new initiatives will follow soon,” Kallas said.
Finnish Foreign Minister Elina Valtonen also chimed in, reaffirming Europe’s commitment to defending the free world. “Europe stands united in supporting Ukraine,” Valtonen declared.
The emergency meeting, called by Kallas, was seen as a direct response to Vance’s provocative speech, in which he appeared to signal a shift in U.S.-European relations. Many EU officials, including Kallas, rejected the suggestion that the U.S. was trying to sow division within Europe, emphasizing their commitment to a united front.
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.
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.
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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