Saudi shuts down oil pipeline as Houthis tighten grip on Red Sea shipping
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad sayin...
International donors at a European Union-led conference in Brussels pledged €5.8 billion ($6.3 billion) on Monday to support Syria’s new authorities, who are grappling with humanitarian and security crises following the fall of Bashar al-Assad.
The pledges fell short of last year’s €7.5 billion, with EU officials blaming cuts in U.S. aid as a key reason. European Commissioner Hadja Lahbib acknowledged that while the EU remains committed to Syria’s recovery, “we can’t fill the gap left by others.”
The Brussels conference has been held annually since 2017, with Assad’s government excluded due to its role in the civil war. However, in a significant shift, Syrian Foreign Minister Asaad Hassan al-Shibani attended this year’s gathering alongside European and Arab ministers.
EU officials are treating Assad’s overthrow in December as an opportunity for a fresh start, though deadly clashes this month between the new Islamist rulers and Assad loyalists have raised concerns about stability.
“This is a time of dire needs and challenges for Syria, as tragically evidenced by the recent wave of violence in coastal areas,” EU foreign policy chief Kaja Kallas said. However, she also pointed to signs of progress, citing a March 10 agreement to integrate the Kurdish-led and U.S.-backed Syrian Democratic Forces (SDF) into state institutions.
The EU estimates that 16.5 million Syrians require humanitarian aid, with 12.9 million in need of food assistance. European Commission President Ursula von der Leyen announced that the EU would increase its pledge to nearly €2.5 billion ($2.7 billion) for 2025 and 2026, including an additional €160 million for this year.
Shibani welcomed the pledges, calling Syria’s reconstruction a “joint effort and a global partnership” in a post on X.
U.N. Special Envoy for Syria Geir Pederson noted that the decline in funding was driven by global competition for aid, citing conflicts in Sudan, Gaza, and Ukraine. “Even without this month’s violence, the funding would have been less than in previous years,” he told Reuters.
Syria’s economic crisis has deepened, with the Syrian pound in freefall and nearly the entire population living in poverty. The country has lost four decades of development due to the war, and it will take at least a decade to return to pre-conflict levels, said Achim Steiner, head of the U.N. Development Programme.
Despite concerns over the Islamist group Hayat Tahrir al-Sham, which ousted Assad and is designated a terrorist organisation by the U.N., EU officials remain open to engagement—provided the group follows through on pledges for an inclusive and peaceful transition.
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
Mexico and the U.S. are racing to secure a trade deal before the U.S. midterm elections in less than eight weeks, according to six sources familiar with the talks, with failed negotiations between Washington and Canada adding urgency.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
A Russian strike on a gas station in Kyiv has killed two people, the city's Mayor Vitali Klitschko said in a statement on Telegram. In Russia, online marketplace Ozon has suspended operations in Saratov, southwestern Russia, following a drone strike on a warehouse in the region.
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad saying the strike originated from Iraq.
Russia's Defence Ministry said its forces struck two cargo vessels overnight in the Ukrainian Black Sea port of Chornomorsk, the Interfax news agency reported on Saturday.
U.S. President Donald Trump said on Saturday he would “love” to see British-run Northern Ireland unify with Ireland, remarks made during a visit to Dublin that drew a sharp response from pro-British unionists in Northern Ireland.
BRICS leaders have called for maximum restraint over the war in the Middle East, warning against actions that could further worsen tensions as the United States and Iran resume strikes against each other.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
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