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...
Turkish authorities detained Istanbul Mayor Ekrem İmamoğlu on Wednesday on charges including corruption, aiding a terrorist group, and leading a criminal organization. The Republican People’s Party (CHP) condemned the arrest, calling it politically motivated.
Prosecutors allege İmamoğlu and his associates collaborated with the Peoples’ Democratic Congress (HDK), a group linked to the PKK, during the March 31, 2024, elections. Authorities claim 18 city council members with suspected ties have been detained. The probe also includes financial crimes, with İmamoğlu and 99 others accused of "leading a criminal organization," "bribery," and "fraud." Officials say 87 people, including İmamoğlu and his advisor Murat Ongun, are in custody.
The detention comes after Istanbul University annulled İmamoğlu’s degree, a move that, if upheld, could bar him from running in the 2028 presidential election. In a video posted on his X account, İmamoğlu vowed to continue his political fight despite the charges.
Government officials defend the investigation as a necessary legal process, while opposition figures claim it is an attempt to sideline a key political rival. Meanwhile, prosecutors clarified that no investigation has been launched into social media posts about the case but warned that provocative or illegal online activity is being monitored.
The case remains ongoing, with further developments expected.
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.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment