live Oil prices fall as Iran vows retaliation over U.S. sanctions
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concer...
Kyrgyz President Sadyr Zhaparov’s first visit to Malaysia in 30 years sealed a raft of deals on energy, halal industry and tourism. Both nations say the trip launches a “strategic partnership” to match their fast-growing economies.
Zhaparov’s journey to Kuala Lumpur, the first by a Kyrgyz leader since the 1990s, followed Prime Minister Anwar Ibrahim’s 2024 stop in Bishkek and produced a joint statement on forging a strategic partnership. Trade has already surged six-fold to $9.4 million in early 2025, led by Kyrgyz gold exports, and fresh agreements cover tourism, healthcare, digital tech and youth policy.
Bishkek invited Malaysian capital and know-how for its flagship Kambar-Ata-1 hydropower project and dozens of small HPPs, while Kuala Lumpur will work with Kyrgyz agencies to build halal parks and expand food exports. Lawmakers pledged closer inter-parliamentary ties, and business leaders signed MOUs spanning a halal meat park, gold sales and clean-energy ventures.
Both sides now focus on turning the paperwork into projects, with Zhaparov inviting Anwar to Kyrgyzstan for a follow-up visit.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Canada has announced nearly $20 billion in retaliatory tariffs on U.S. goods and billions in support for workers and businesses, escalating its trade dispute with Washington after President Donald Trump's latest duties took effect.
Pakistani exporters are facing soaring shipping costs to the U.S., with freight rates more than tripling on some routes as the Iran-U.S. conflict drives up war-risk insurance and fuel costs.
The trial of a Libyan man accused of building the bomb that destroyed Pan Am Flight 103 over the Scottish town of Lockerbie in 1988, killing 270 people, has been postponed by a U.S. federal judge.
France and Saudi Arabia have agreed on plans for a $7 billion manga-themed amusement complex near Paris, inspired by the hugely popular Japanese franchise Dragon Ball Z.
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