Britain leads 40-nation talks on reopening Strait of Hormuz amid Iran blockade
Britain said on Thursday that around 40 countries are exploring ways to reopen the Strait of Hormuz, a vital oil shipping route effectively blocked...
Thousands of protesters clashed with police outside an EU mission building in Sofia on Saturday, opposing Bulgaria's planned adoption of the euro in 2024.
In Sofia on Saturday, several thousand demonstrators gathered outside the European Union mission building to voice their opposition to Bulgaria's plans to join the eurozone next year. The protesters, largely supporters of the ultra-nationalist Revival party, threw red paint, firecrackers, and Molotov cocktails at the building, which caused a fire at the entrance. Police responded, leading to minor injuries for about 10 officers and the detention of six protesters.
The government condemned the incident, stating that attacks on EU buildings contradict the principles of the rule of law.
The protests initially began in front of Bulgaria's central bank, where effigies of EU officials, including European Central Bank President Christine Lagarde, were burned. Kostadin Kostadinov, leader of the Revival party, emphasized that the protest was aimed at preserving Bulgaria's financial independence and preventing the loss of the Bulgarian lev.
Bulgaria’s newly formed government has reiterated its intention to adopt the euro in 2024, a move that has sparked mixed reactions among the public. Some Bulgarians are concerned that the transition may lead to higher living costs, citing similar concerns raised in Croatia following its adoption of the euro in 2023.
There are fears of an oil spill after a drone strike hit a Kuwaiti oil tanker near Dubai on Tuesday, while U.S.-Israeli strikes in Iran reportedly killed at least two people. A loud explosion was heard in Beirut in southern Lebanon early Wednesday, as oil prices climbed above $100 a barrel.
Fears of wider escalation grow despite President Donald Trump saying U.S. strikes on Iran could end within weeks. Meanwhile missile attacks, tanker incidents and rising casualties across Israel, Lebanon and the Gulf heighten risks to regional stability and energy routes.
Russian-flagged tanker carrying approximately 700,000 barrels of crude oil docked at Cuba's Matanzas oil terminal on Tuesday, shipping data confirmed, marking a vital and controversial delivery to an island paralysed by severe energy shortages and a suffocating U.S. blockade.
A Russian military An-26 aircraft has crashed in Crimea, killing all 30 people on board, Russia’s Defence Ministry has confirmed.
Explosions were heard in the Syrian capital Damascus as Israeli air defences intercepted Iranian missiles, Syrian state television reported on Tuesday.
American President Donald Trump threatened on Wednesday to pull the United States out of NATO after European nations refused to join a U.S.-led naval mission to unblock the Strait of Hormuz.
France has unveiled a delayed wave of renewable energy tenders to boost energy independence and strengthen domestic and European industry.
China is emerging as one of the more stable economies amid the latest global oil shock, thanks to years of planning, diversified energy sources and a steady shift towards renewable power.
In a major policy reversal, the U.S. Treasury has removed Venezuela’s acting president, Delcy Rodríguez, from its sanctions list, signalling a sharp shift in Washington’s approach to Caracas.
A technical team from the United States Federal Bureau of Investigation (FBI) has touched down in Cuba this week to launch an "independent investigation" into a deadly maritime shootout that happened on 25 February.
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