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...
U.S. President Trump has withdrawn Rep. Elise Stefanik’s UN ambassador nomination to preserve the GOP’s slim House majority.
U.S. President Donald Trump announced Thursday that he is withdrawing Rep. Elise Stefanik’s nomination to serve as U.S. ambassador to the United Nations, after months of delays due to concerns over Republicans’ slim majority in the House.
Stefanik had not resigned her congressional seat, and with the GOP holding only a narrow edge, every vote remains critical.
Trump confirmed the decision in a social media post, stating, “It is essential that we maintain EVERY Republican Seat in Congress.”
Republicans currently hold 218 seats, while Democrats have 213. Four seats remain vacant. Following Trump’s announcement, House Speaker Mike Johnson praised Stefanik’s “selfless decision” and acknowledged the party’s fragile majority.
The move reflects growing anxiety among House Republicans, led by Johnson, about losing their narrow control—particularly ahead of two special elections in Florida next week. Even a small shift in seats could tip the balance to Democrats and jeopardize efforts to advance Trump’s agenda in the coming months.
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.
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.
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.
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.
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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