Venezuelan oil exports drop sharply after U.S. tanker seizure
Venezuela’s oil shipments have plunged following the United States’ seizure of a tanker earlier this week....
Taiwan's defense ministry reported detecting a Chinese balloon off its northern coast on Monday, marking the first such sighting in six months. The incident is seen as part of Beijing's ongoing efforts to pressure Taiwan ahead of its presidential election.
Taiwan's defence ministry reported on Monday that a Chinese balloon was spotted over the sea to the north of Taiwan, marking the first such incident since April. Taiwan views this as part of Beijing's ongoing harassment campaign. In the lead-up to Taiwan's presidential election in January, Taipei expressed concerns about the unprecedented scale of Chinese balloon activity, calling it a tactic of "grey-zone warfare" meant to wear down opponents through irregular means rather than open conflict.
China claims Taiwan as its territory, but Taiwan firmly rejects this, stating that only its people can decide the island's future.
According to Taiwan's defence update, the balloon was detected on Sunday at 6:21 p.m. (1021 GMT) about 60 nautical miles (111 km) north of Keelung port. The balloon disappeared roughly two hours later after flying at an altitude of 33,000 feet (10,000 meters), without crossing Taiwan’s airspace.
China’s defence ministry did not comment on the incident. Previously, Beijing has downplayed Taiwan's concerns about the balloons, claiming they were used for meteorological purposes and shouldn't be politicized. The issue gained global attention last year when the United States shot down a Chinese balloon it said was being used for surveillance. China, however, insisted the balloon was a civilian craft that had drifted off course.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
Kyiv has escalated its naval campaign against Moscow’s economic lifelines, claiming a successful strike on a vessel suspected of skirting international sanctions within the Black Sea.
An extratropical cyclone has caused widespread disruption across Brazil’s São Paulo state, with powerful winds toppling trees and power lines, blocking streets and leaving large parts of the region without electricity.
Türkiye’s Trade Minister Omer Bolat said Friday that discussions in Washington with U.S. officials have strengthened efforts to expand bilateral trade, moving closer to a $100 billion target.
Türkiye’s President Recep Tayyip Erdoğan and Pakistani Prime Minister Shahbaz Sharif held talks on Friday during the International Peace and Trust Forum in Ashgabat, Turkmenistan, focusing on bilateral relations as well as regional and global issues
Hungary has strongly criticised NATO Secretary-General Mark Rutte’s warning that Russia could be capable of attacking the alliance within five years, with Foreign Minister Péter Szijjártó describing the remarks as irresponsible and dangerous.
Thailand and Cambodia have agreed to halt all shooting from Friday evening following renewed fighting along their shared border, U.S. President Donald Trump said on Friday.
China’s Ministry of Commerce announced on Friday that it will introduce a licensing system for steel exports starting in 2026, covering around 300 steel products.
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