live U.S., Iran reach preliminary peace deal, Friday signing expected
U.S. and Iranian officials said they had agreed on a framework to end their war, halt the U.S. blockade of Iran and reopen the Strait of Hormuz, a pre...
Russia’s state arms exporter, Rosoboronexport, has confirmed the signing of a $248 million contract with India for engine supplies, aimed at upgrading India’s T-72 tanks.
On March 7, Rosoboronexport signed a contract with the Indian Defense Ministry to supply engines for replacing the engines in the T-72 tanks currently in service with the Indian Army," the agency stated.
According to the Indian Defense Ministry, the T-72 tank is the backbone of the country’s armored fleet, currently equipped with a 780 HP engine.
"The $248 million contract includes engine supplies and the establishment of local production for 1000 HP engines for the T-72 tanks. This will enable the Indian Army to increase the power capacity of the Russian armored vehicles by nearly 30%, enhancing their maneuverability and off-road performance. The contract also includes the transfer of production technologies for these engines and fully aligns with the Make in India program," stated Rosoboronexport CEO Alexander Mikheyev.
The T-72 tank was introduced into service with the Soviet Army in the summer of 1973. Designed by the tank design bureau of the Uralvagonzavod plant (now the Ural Design Office of Transport Engineering, part of the Rostec corporation’s Uralvagonzavod concern), the vehicle has undergone several upgrades. The T-72 is currently in service with the armed forces of approximately 50 countries.
Details of a reported draft memorandum of understanding between the United States and Iran offer the clearest picture yet of how both sides plan to end months of conflict and move towards a longer-term settlement.
The U.S. and Iran say they have reached a deal to end their conflict, with an immediate ceasefire and reopening of the Strait of Hormuz after the lifting of the U.S. naval blockade. Talks will continue over the next 60 days to finalise the agreement
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
U.S. and Iranian officials said they had agreed on a framework to end their war, halt the U.S. blockade of Iran and reopen the Strait of Hormuz, a preliminary pact that sent oil prices falling but leaves the fate of Iran's nuclear program to further negotiations.
Switzerland on Sunday rejected a referendum proposal to cap its population at 10 million, a projection showed, as voters prioritised economic stability and the country's ties with the European Union over immigration concerns.
Spain has received around 900,000 applications from undocumented migrants seeking legal status under a government regularisation programme. The influx has far exceeded initial expectations, the Migration Ministry said on Monday.
A Ukrainian man has been found guilty of carrying out a series of arson attacks on properties linked to British Prime Minister Keir Starmer after being recruited by a mystery figure known only as "EL Money".
British lawmakers look set to revisit assisted dying in the new parliamentary session after Labour MP Lauren Edwards said she would reintroduce legislation that failed to complete its passage through Parliament earlier this year.
Israel expects to secure new contracts for its air and missile defence systems from European countries within weeks, as governments across the continent continue to strengthen their militaries amid security concerns linked to Russia's war in Ukraine.
U.S. President Donald Trump has threatened to impose 100% tariffs on French wine and champagne unless France removes its digital services tax on major American technology companies.
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