live Saudi shuts down oil pipeline as Houthis tighten grip on Red Sea shipping
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad sayin...
The White House confirmed that the U.S. has sent letters to trade partners, urging them to present their final trade offers before a Wednesday deadline, as Washington pushes ahead with negotiations to avoid higher tariffs.
White House Press Secretary Karoline Leavitt said the letter from the Office of the U.S. Trade Representative (USTR) was a “friendly reminder” that time is running out to reach deals.
“The USTR sent this letter to all our trade partners as the deadline is approaching,” Leavitt told reporters in New York. She confirmed reports that the deadline for offers is this Wednesday.
She also said President Donald Trump expects “good deals” and that his trade team is actively engaged with key partners. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer have been holding talks with several countries. Greer is currently in Paris for discussions, with announcements expected soon.
Leavitt also said the U.S. is monitoring whether China is complying with a provisional agreement reached earlier in Switzerland. “We know our side is holding to the terms, and officials remain in contact with their Chinese counterparts,” she said.
She added that Trump is expected to meet Chinese President Xi Jinping “very soon.”
Meanwhile, the tariff hikes Trump announced last week—raising duties on steel and aluminum to 50%—will take effect tomorrow. Leavitt said the executive order will be signed today.
Overnight Iranian strikes on an air base in Jordan damaged multiple U.S. aircraft and left one without a wing, American media reported. Meanwhile, explosions were heard across parts of southern Iran according to local media reports.
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
Mexico and the U.S. are racing to secure a trade deal before the U.S. midterm elections in less than eight weeks, according to six sources familiar with the talks, with failed negotiations between Washington and Canada adding urgency.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad saying the strike originated from Iraq.
Russia's Defence Ministry said its forces struck two cargo vessels overnight in the Ukrainian Black Sea port of Chornomorsk, the Interfax news agency reported on Saturday.
U.S. President Donald Trump said on Saturday he would “love” to see British-run Northern Ireland unify with Ireland, remarks made during a visit to Dublin that drew a sharp response from pro-British unionists in Northern Ireland.
BRICS leaders have called for maximum restraint over the war in the Middle East, warning against actions that could further worsen tensions as the United States and Iran resume strikes against each other.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
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