Global oil prices surged on Sunday as the Israel-Iran conflict continued to rattle markets, with Brent crude rising 3.9% to $80 per barrel and U.S. crude climbing 4.3% to $77 per barrel.
The ongoing tensions have caused sharp fluctuations in oil prices over the past week, fueling volatility in the U.S. stock market. Futures for the S&P 500 fell 0.6% on Sunday, and treasury yields dipped slightly amid investor concerns.
The Strait of Hormuz, a critical chokepoint for global crude supply, has become a focal point due to Iran's position as a major oil producer and its proximity to the waterway. Fears of disruptions to crude flow have driven markets to react strongly to developments in the conflict.
Analysts warn that further escalation in the Middle East could significantly impact global energy supplies and financial markets.
The U.S. considers limiting India’s purchases of Russian oil a key requirement for reaching a trade agreement....
On Friday, the UN Security Council vetoed a draft resolution to extend the 2015 Joint Comprehensive Plan of Action (JCPOA) on Iran's nuclear program u...
Today marks the fifth anniversary of the 44-day Patriotic War. On 27 September 2020, under the leadership of the Glorious Supreme Commander Ilham Aliy...
The Maghreb branch of the Global Sumud Flotilla, en route to Gaza with humanitarian aid, has reported a second encounter with military aircraft this w...
On the eve of the United Nations Security Council meeting on Friday to vote on a six-month extension of Iran’s nuclear sanctions under Resolution 22...
Today marks the fifth anniversary of the 44-day Patriotic War. On 27 September 2020, under the leadership of the Glorious Supreme Commander Ilham Aliyev, the Azerbaijani Armed Forces launched a full-scale counteroffensive along the front line to repel military provocations by Armenian forces and
The U.S. considers limiting India’s purchases of Russian oil a key requirement for reaching a trade agreement.
On Friday, the UN Security Council vetoed a draft resolution to extend the 2015 Joint Comprehensive Plan of Action (JCPOA) on Iran's nuclear program until April 18, 2026.
The Maghreb branch of the Global Sumud Flotilla, en route to Gaza with humanitarian aid, has reported a second encounter with military aircraft this week. According to the group, two unidentified planes flew at low altitude over its vessels while they were sailing in Greek territorial waters.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
The UN Security Council on Friday vetoed a draft resolution submitted by Russia and China that sought to delay the “snapback” sanctions on Iran. The resolution received only four votes in favour, with nine members voting against and two abstaining.
The U.S. considers limiting India’s purchases of Russian oil a key requirement for reaching a trade agreement.
On Friday, the UN Security Council vetoed a draft resolution to extend the 2015 Joint Comprehensive Plan of Action (JCPOA) on Iran's nuclear program until April 18, 2026.
The Maghreb branch of the Global Sumud Flotilla, en route to Gaza with humanitarian aid, has reported a second encounter with military aircraft this week. According to the group, two unidentified planes flew at low altitude over its vessels while they were sailing in Greek territorial waters.
India dismissed as "incorrect and baseless" claims made by NATO’s Secretary General suggesting that Indian Prime Minister Narendra Modi had contacted Russian President Vladimir Putin regarding the impact of punitive U.S. tariffs on India’s purchases of Russian oil.
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