Casualties rise as Thailand–Cambodia clashes escalate
The latest round of clashes between Thailand and Cambodia has left 15 Thai soldiers dead and 270 others injured, Thailand’s Ministry of Defence spok...
The European Union has adopted four new sanctions packages against Russia—its 17th targeting Moscow’s shadow oil fleet—as part of ongoing efforts to tighten pressure over the war in Ukraine.
The measures affect over 130 individuals and entities, including Russian oil major Surgutneftegaz, shipping insurers, and four shadow fleet operators based in the UAE, Turkey, and Hong Kong. An additional 189 vessels, mostly oil tankers, were blacklisted—raising the total number of sanctioned ships to 324.
The EU aims to block efforts to bypass the G7 price cap on Russian oil, which bars Western-insured shipments above $60 per barrel. Brussels is also pushing to lower the cap at this week’s G7 finance ministers' meeting in Canada.
While a move to sanction Litasco’s Dubai branch was dropped due to Hungarian opposition, its affiliated Eiger Shipping DMCC was included in the final list.
The bloc also intensified scrutiny on tankers using “flags of convenience” from countries such as Sierra Leone, Gabon, Comoros, India, Azerbaijan, San Marino, and various Caribbean and Pacific island nations.
In parallel, new restrictions were placed on dual-use exports—items that could support Russia’s military sector. Entities in China, Belarus, and Israel were named for allegedly aiding Russia’s military-industrial complex.
EU officials confirmed that sanctions will continue and said work on an 18th sanctions package is already underway.
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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.
Turkish President Recep Tayyip Erdoğan reiterated his offer to host Ukraine-Russia peace talks in Ankara, at his meeting with Russian President Vladimir Putin. The talks took place on the sidelines of the international Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday (12 December).
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.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
EU foreign policy chief Kaja Kallas has warned that without concrete concessions from Russia, such as limiting its military forces or curbing its defence budget, new conflicts could erupt elsewhere, even if Ukraine receives security guarantees.
The latest round of clashes between Thailand and Cambodia has left 15 Thai soldiers dead and 270 others injured, Thailand’s Ministry of Defence spokesman Surasant Kongsiri said at a press conference on Saturday.
Iranian authorities have seized a foreign tanker carrying more than 6 million litres of smuggled fuel in the Sea of Oman.
A United Airlines flight heading to Tokyo was forced to return to Washington Dulles International Airport shortly after takeoff on Saturday after an engine failure, prompting an investigation by U.S. aviation authorities.
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