Trump criticises oil majors as energy companies report surging profits
U.S. President Donald Trump criticised major oil companies, including Chevron and Exxon Mobil, on Monday for earning what he described as excessive pr...
Britain has imposed fresh sanctions on Russia, including asset freezes targeting directors of the oil trading firm Coral Energy Group, now known as 2Rivers Group.
The move comes as part of a broader effort to disrupt Russia's energy revenue and includes restrictions on around 100 tankers from its so-called shadow fleet.
Among those sanctioned are Ahmed Kerimov, Tahir Garayev, Anar Madatli, Talat Safarov, and Etibar Eyyub, named for benefiting from or supporting the Russian government through their roles at Coral Energy.
Founded by Garayev in 2010 with offices in Dubai and Singapore, Coral Energy was involved in the Russian energy sector. The company rebranded as 2Rivers Group after a 2024 management buyout. Britain had already sanctioned 2Rivers in December 2024, a move the company previously criticized.
U.S. President Donald Trump says Iran has a "last chance" to sign what he described as "a good document", claiming talks are continuing at Tehran's request with backing from Saudi Arabia, the UAE and Qatar.
U.S. President Donald Trump said late on Saturday he would hold off on a fresh attack on Iran as long as a deal could be reached quickly to halt Iran's nuclear ambitions and reopen the Strait of Hormuz.
Indonesian rescue teams are searching for 28 people still unaccounted for, three days after a passenger ferry caught fire off the coast of Madura island.
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, killing two crew members as emergency services continued efforts to contain fires fuelled by extreme heat and dry conditions across Europe.
Tehran had made plans to strike sites in Ukraine after Kyiv attacked an Iranian cargo ship in the Caspian Sea, a senior Iranian military adviser has said. Iran refrained from taking action after Kyiv said the strike was a mistake, Mohsen Rezaei told the state IRIB TV channel.
U.S. President Donald Trump criticised major oil companies, including Chevron and Exxon Mobil, on Monday for earning what he described as excessive profits as renewed tensions with Iran pushed global energy prices higher.
A cyclosporiasis outbreak, the largest ever recorded in the U.S., has caused its first known deaths, health officials in Michigan said on Monday.
Wildfires near Spokane, Washington, have destroyed at least 700 buildings and forced tens of thousands of people to evacuate. The fires have been burning for a third day around the state’s second-largest city, officials said.
European Commission President Ursula von der Leyen has proposed strengthening the European Union’s external borders and increasing support for Morocco following the arrival of around 50,000 migrants in the Spanish enclave of Ceuta last week.
Drone attacks damaged a warehouse near Russia’s St. Petersburg and struck a cargo ship near Novorossiysk, injuring three crew members, according to Russian and Turkish authorities.
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