PARIS: Iran on Thursday strongly criticized the European Union’s decision to designate its Islamic Revolutionary Guard Corps (IRGC) as a terrorist organisation, calling the move “irresponsible and spite-driven” and warning it could have “destructive consequences.” Read More: Iran Revolutionary Guards say intelligence chief replaced The 27-nation bloc announced the designation in response to the deadly […]
sanctions
Senegal’s Afcon celebrations overshadowed by threat of sanctions
Senegal might be celebrating their Africa Cup of Nations victory but will anxiously await possible sanctions for their walk-off during Sunday’s final against Morocco. Senegal staged a lengthy protest after a penalty awarded in the dying stages of the game to hosts Morocco after a VAR review, walking off the pitch before returning to continue. […]
US weighs future of Venezuela’s oil sector after Maduro arrest
The Trump administration is planning meetings with executives from major US oil companies this week to discuss the future of Venezuela’s oil sector, according to a source familiar with the matter. The discussions follow the US military operation that led to the arrest of Venezuelan leader Nicolas Maduro. The planned meetings are seen as central […]
Iran reiterates firm stance as protests continue
Iran signalled it would not be swayed by external pressure on Monday, maintaining a tough stance against what it called “rioters” while insisting that peaceful protest remains a legitimate right. The position comes as demonstrations triggered by economic hardship continued across several parts of the country. Read More: Iran vows firm action amid protests Judiciary Chief Gholamhossein […]
Oil prices recover amid Ukraine peace hopes and Fed rate bets
BEIJING – Oil prices rebounded slightly on Wednesday after falling to one-month lows in the previous session, as optimism grew over a potential peace deal between Ukraine and Russia. The deal could ease international sanctions on Russian energy exports, influencing global supply. Read More: Oil prices slide on peace talks Brent crude futures rose 19 cents, […]
US-Russia Miami talks fuel doubts over Ukraine peace strategy
U.S. officials and lawmakers are raising concerns about a secret October meeting in Miami with Russian envoy Kirill Dmitriev. The meeting involved Trump aides, including Jared Kushner and Steve Witkoff, and aimed to draft a 28-point Ukraine peace plan. Dmitriev is under U.S. sanctions, and the proposed plan reportedly favors Russian demands, sparking criticism from […]
US hits Iran with new oil and shipping sanctions
Washington: The US Treasury Department’s Office of Foreign Assets Control (OFAC) imposed new sanctions on Iranian companies and shipping brokers supporting the country’s armed forces through oil sales. The move aims to curb funding for Iran’s nuclear weapons program and its support for terrorist groups. Treasury Secretary Scott Bessent said the sanctions are part of […]
Syrian leader Ahmad al-Sharaa to visit Washington
BEIRUT – Ahmad al-Sharaa, the former Syrian rebel leader who ousted Bashar Assad last December, will become the first Syrian president to visit Washington since the country’s independence in 1946. Al-Sharaa, who had previously fought alongside al-Qaida militants in Iraq but later severed ties, arrived in the U.S. on Saturday ahead of Monday’s meeting with […]
Iranians mark U.S. Embassy takeover amid renewed anti-American sentiment
TEHRAN – Iranians on Tuesday commemorated the anniversary of the 1979 takeover of the U.S. Embassy in Tehran, an annual event symbolizing defiance against American influence. This year’s commemoration carried added significance — it was the first since the U.S. bombed Iran’s nuclear sites during a 12-day war with Israel in June. Thousands of demonstrators gathered […]
US dollar steady ahead of inflation data
SINGAPORE – The US dollar held firm on Friday, heading for a modest weekly gain as investors awaited delayed US inflation data and anticipated that the Federal Reserve would proceed with an interest rate cut next week. The dollar index stood at 98.92, on track for a 0.37% weekly rise, while the euro and sterling […]