As G7 leaders prepare to meet, most member states are ready to cut the Russian oil price cap to $45 even without U.S. backing.
Several G7 nations, including the EU, UK, and Canada, are prepared to unilaterally lower the $60-a-barrel price cap on Russian oil, regardless of whether U.S. President Donald Trump supports the move. Sources say these countries aim to reduce the cap to $45, arguing that the current level is outdated due to falling global oil prices and ineffective in curbing Moscow’s war funding.
The decision is expected to be a key point of debate at the upcoming June 15–17 G7 summit in Canada. While the U.S. remains undecided, some American lawmakers like Senator Lindsey Graham support a tougher stance. With Britain’s grip on global shipping insurance and EU influence over compliant tanker fleets, European leaders believe they can act without full U.S. alignment. However, Washington's role remains critical in managing dollar-based oil transactions. Russia’s shrinking oil revenues and profit decline at state-run Rosneft signal that the pressure from existing sanctions is mounting.
WHO Director-General Tedros Adhanom Ghebreyesus said on Monday (25 May) that there have been 200 suspected deaths linked to the rare Bundibugo strain ...
A peace agreement between Washington and Tehran is yet to materialise, with U.S. President Donald Trump saying that negotiations are incomplete and a...
The Kremlin warned on Monday that Armenia could lose the “very attractive” price it pays for Russian gas if it moved away from integration with Ru...
Uzbekistan has unveiled its final squad for the 2026 FIFA World Cup, marking the country’s first appearance at football’s biggest tournament. The ...
Nearly half of Afghanistan’s population - more than 21 million people - needed humanitarian assistance in the first three months of 2026, accordin...
The head of the World Health Organization said on Monday that the fast-moving Ebola outbreak in Democratic Republic of Congo and Uganda was outpacing response efforts, giving the latest number of suspected deaths as 220.
A peace agreement between Washington and Tehran is yet to materialise, with U.S. President Donald Trump saying that negotiations are incomplete and an Iranian Foreign Ministry Spokesman saying that a deal isn't imminent.
Uzbekistan has unveiled its final squad for the 2026 FIFA World Cup, marking the country’s first appearance at football’s biggest tournament. The national team, led by Italian head coach Fabio Cannavaro, will compete at the tournament hosted by the U.S., Canada and Mexico.
Nearly half of Afghanistan’s population - more than 21 million people - needed humanitarian assistance in the first three months of 2026, according to the United Nations, yet aid agencies reached only 4.7 million people.
The inaugural Enhanced Games began in Las Vegas on Sunday (24 May), launching one of the most controversial experiments in modern sport, in which athletes openly compete using performance-enhancing drugs banned under traditional anti-doping rules.
A peace agreement between Washington and Tehran is yet to materialise, with U.S. President Donald Trump saying that negotiations are incomplete and an Iranian Foreign Ministry Spokesman saying that a deal isn't imminent.
A "largely negotiated" memorandum of understanding on an Iran peace deal would reopen the Strait of Hormuz, U.S. President Donald Trump said on Saturday, though the Iranian Fars news agency disputed that claim.
Police fired tear gas and clashed with protesters in central Belgrade on Saturday, as tens of thousands gathered to demand early elections and an end to the more than decade-long rule of Serbia's President Aleksandar Vučić.
The head of the World Health Organization said on Monday that the fast-moving Ebola outbreak in Democratic Republic of Congo and Uganda was outpacing response efforts, giving the latest number of suspected deaths as 220.
The head of the World Health Organization said on Monday that the fast-moving Ebola outbreak in Democratic Republic of Congo and Uganda was outpacing response efforts, giving the latest number of suspected deaths as 220.
Chinese President Xi Jinping praised the “unbreakable friendship” between China and Pakistan as he met Pakistani Prime Minister Shehbaz Sharif in Beijing on Monday, a day after companies from both countries signed cooperation agreements worth $1.22 billion.
A second group of Australian women and children linked to the Islamic State group has departed a refugee camp in north-east Syria and may return to Australia, the Australian Broadcasting Corporation reported on Friday.
Pope Leo XIV has issued a historic apology for the Catholic Church’s past role in legitimising slavery, describing it as a “wound in Christian memory,” as he released a landmark encyclical addressing human dignity in the age of artificial intelligence.
Rescuers pulled two people from the rubble of a collapsed building under construction in the Philippines, raising the death toll to three. Search and rescue operations continued after scans detected signs of life beneath the debris.
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