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...
President Donald Trump has unveiled a nearly $900 billion defence plan for 2026, keeping spending flat but shifting firepower toward cutting-edge missiles and drones in a bid to counter China and modernise America’s military edge.
President Donald Trump has requested a $892.6 billion defence budget for 2026, maintaining current spending levels but shifting priorities.
The plan includes a 3.8% pay rise for troops, cuts to the Navy’s civilian workforce by more than 7,000, and fewer F-35 jets— just 47 jets compared with 68 under Biden’s last budget. Only three new warships are requested, with more funded separately.
Funding will focus on advanced missiles and drones, reflecting lessons from recent conflicts. Trump aims to deter Chinese aggression and strengthen the defence industrial base. Funding for the ‘Golden Dome’ missile defence is in a separate request.
The proposal faces debate in Congress, where the House subcommittee suggests increasing F-35 orders to 69 jets.
Defence spending accounts for roughly half of the U.S. discretionary budget.
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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