Uzbekistan faces $1.5 billion hit if Middle East tensions disrupt Iran trade route
Uzbekistan could lose up to $1.5 billion if escalating Middle East tensions disrupt vital trade and logistics routes through Iran, putting pressure...
France has closed four major Israeli company stands at the Paris Air show for reportedly displaying offensive weapons, intensifying diplomatic tensions with Israel amid criticism of its actions in Gaza.
The decision, carried out overnight by erecting black walls around the pavilions, was condemned by Israel's defense ministry as “outrageous and unprecedented.”
A source familiar with the matter told Reuters on Monday that the instruction came from French authorities after Israeli firms failed to comply with a direction from a French security agency to remove offensive or kinetic weapons from the stands.
While three smaller Israeli stands and one run by Israel’s Ministry of Defense remain open, the move has further strained relations between France and Israel.
France, a long-time Israreli ally, has gradually hardened its position on the government of Benjammin Netanyahu over its actions in Gaza and military internventions abroad, with President Emmanuel Macron voicing growing criticism over Israel’s military campaign in The Strip. Macron has also called for restraint following recent Israeli strikes on Iran.
Israel accused the French of using political motives to disadvantage Israeli companies competing with France’s own defence industry.
The air show's organiser said in a statement that it was in talks to try to help "the various parties find a favourable outcome to the situation".
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Ukraine has targeted at least 20 Wildberries warehouses across Russia since 18 July, disrupting a major logistics network. Kyiv says the strikes aim to disrupt alleged military-linked supplies, while the attacks have caused billions of dollars in losses and wider economic pressure.
South Korea's presidential Blue House said on Monday it was reviewing U.S. President Donald Trump's comments on scaling back joint military drills. It added that it hoped a favourable relationship between Washington and Pyongyang could lead to meaningful talks.
Britain will continue to support Ukraine “100 per cent” against Russia’s invasion, Prime Minister Andy Burnham said on Tuesday, after Moscow warned London of consequences over reports that British-made drones had been used in strikes on Russian territory.
Russia has summoned Japan’s ambassador to Moscow and delivered a strong protest over what it called “anti-Russian” remarks by Japanese Prime Minister Sanae Takaichi and Foreign Minister Toshimitsu Motegi concerning four disputed islands.
Pakistan is turning to more U.S. crude as disruption around the Strait of Hormuz exposes the risks of its heavy reliance on Gulf energy supplies.
U.S. Forces Korea (USFK) Commander Xavier Brunson visited South Korea's Defence Ministry on Tuesday to discuss plans to scale back the joint Ulchi Freedom Shield military exercise, according to media reports.
European countries are stepping up investment in drones and counter-drone technology as unmanned systems reshape modern warfare, driving demand for new production and capabilities across the continent.
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