05:00
Italian defense minister: NATO must adapt to new global realities
NATO needs to evolve to meet today’s changing world, Italy’s Defense Minister Guido Crosetto said Friday.
Greece warns Strait of Hormuz closure would shake global economy
Reuters
Greece’s shipping minister warns that any closure of the Strait of Hormuz due to rising tensions between Iran and Israel would have serious global economic consequences.
Greece’s shipping minister warned Friday that closing the Strait of Hormuz would severely impact the global economy, as tensions rise in the Middle East.
“If the Strait of Hormuz is closed – which is the worst-case scenario – it will affect the entire global economy, not just shipping,” Vassilis Kikilias told SKAI TV.
He stressed that nearly 90% of global trade relies on maritime routes, and rerouting ships around Africa would create major disruptions to supply chains.
Kikilias called the current global situation “very volatile,” noting that oil prices have already surged 7–10% in recent days due to escalating conflict between Iran and Israel.
As fighting intensifies, Iran has warned it could shut the Strait of Hormuz — one of the world’s most vital oil transit chokepoints — in retaliation for U.S. involvement in its conflict with Israel.
04:00
Pakistan nominates Trump for the 2026 Nobel Peace Prize
Pakistan has nominated U.S. President Donald Trump for the 2026 Nobel Peace Prize for his "diplomatic role and leadership" during the recent crisis with India.
03:30
US to host signing of peace deal between DR Congo and Rwanda
The US will host the official signing of a peace agreement between the Democratic Republic of Congo (DRC) and Rwanda, the State Department announced Friday.
03:00
Deals worth $1.4 billion signed at Africa investment summit
The EU Commission signed five major agreements with Africa, securing over €1.2 billion ($1.38 billion) in investments and guarantees, EU President Ursula von der Leyen announced Friday.
02:43
Erdogan: Türkiye pursues all diplomatic efforts for regional stability
President Recep Tayyip Erdogan told Armenian Prime Minister Nikol Pashinyan on Friday that Türkiye is using all diplomatic means to establish stability not only in the Caucasus but throughout the region.
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