live Rubio tells allies U.S. will hold off new Iran strikes
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time bein...
Elon Musk confirmed he plans to stay as Tesla’s chief executive for at least five more years. Speaking at the Qatar Economic Forum, Musk said despite pressure over his ties to Donald Trump’s administration, he remains committed to leading the electric car company.
Musk also announced he will reduce his political spending after heavily backing Trump last year, including spending at least $250 million on the campaign and holding his own rallies. “I think I’ve done enough,” Musk said, adding he might spend in the future only if there is a clear reason.
The billionaire faced backlash over his work with Trump’s Department of Government Efficiency, but defended his involvement, saying, “I did what needed to be done.” Musk also warned critics, “Don’t worry: we’re coming for you.”
This comes as a judge in Delaware blocked a $56 billion Tesla pay package for Musk, calling the chancellor an “activist who is cosplaying a judge.”
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.
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.
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.
Pakistan is stepping up efforts to protect its trade and energy supplies as the Iran war disrupts shipping through the Persian Gulf, driving up freight costs and putting pressure on key export routes.
Russia and Ukraine are preparing another major prisoner exchange, with officials from both sides working to finalise lists of people who could be released, Russia's state news agency TASS said Wednesday.
The Trump administration has temporarily suspended some visa appointment scheduling at U.S. embassies and consulates around the world as part of a new training initiative for consular staff, adding another layer to the administration's broader immigration policy overhaul.
The United States has launched what it describes as its most aggressive sanctions campaign yet against Iran, expanding secondary sanctions and targeting sectors ranging from shipping and aviation to technology and finance.
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.
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