World News

Iran strikes key US THAAD radar, deepening Gulf missile defence woes

US Terminal High Altitude Area Defence, or THAAD, units are meant to destroy ballistic missiles at the edges of the atmosphere, enabling them to engage more difficult threats

Musk's spam concern was 'confusing': Ex-Twitter executives tell court

Two days of testimony from Agrawal and Segal pushed back on Musk's own recollection that he was always committed to the deal, but believed that Twitter had lied to him about per cent of spam accounts

Oil nears tipping point as Hormuz traffic halts; traders warn of $100 crude

Some barrels from US are fetching their biggest premium since 2020, and value of major Norwegian grade, which moves almost lockstep with Brent, has gained more than $5 on the benchmark this week

US may 'unsanction' more Russian oil after allowing India to buy: Bessent

US Treasury allows India to buy Russian oil already en route, signalling possible easing of sanctions on other Russian oil to address global supply gaps, says Scott Bessent

US customs agency says tariff refund system will be ready in 45 days

The tariffs that were a central part of President Donald Trump's economic policy were struck down as unconstitutional by the Supreme Court last month

Ex-rapper's party heading towards landslide victory in Nepal elections

The outcome is expected to provide a strong government in Nepal, which has had 14 governments in the last 18 years

Sri Lanka Navy 'safely' transfers 204 Iranian sailors from ship to Colombo

The navy said it will take at least two more days for the ship to reach the eastern port of Trincomalee from its current location outside capital Colombo

Qatar energy minister warns Gulf exports could halt within weeks: Report

"Everybody that has not called for force majeure we expect will do so in the next few days that this continues. All exporters in the Gulf region will have to call force majeure," Kaabi told the FT

No deal with Iran except 'unconditional surrender', declares Trump

Trump said in a social media post, adding that they would work to boost Iran's economy

SoftBank seeks up to $40 billion loan to finance major OpenAI investment

The Japanese company, which held about 11 per cent in OpenAI at the end of December, has unloaded assets including its stake in Nvidia Corp., to bankroll its growing bet on OpenAI

Anthropic to fight Pentagon in court over supply chain risk label

Earlier Thursday, the Pentagon formally notified Anthropic that the company and its products pose a risk to the US supply chain

An 'existential war' for Iran: Dy Minister of Foreign Affairs Khatibzadeh

Iran's Deputy Foreign Minister Saeed Khatibzadeh calls the recent US-Israel strikes an "unnecessary war of choice", accusing Washington of betraying diplomacy

Russian Urals crude price tops Brent in India as Iran war tightens supply

The US-Israeli war against Iran, ​which began a week ago, has choked the Strait of Hormuz, the main route for global ‌oil

US Navy will escort ships through Hormuz 'when reasonable': US Energy Secy

Wright also said Americans should see lower gas prices in weeks, not months

India rejects claims navy shared intel on Iranian warship sunk by US

The US sank the Iranian warship off the coast of Sri Lanka on Wednesday, triggering shard reaction from Iran

Azerbaijan to evacuate diplomats from Iran over security concerns

Azerbaijan reacted angrily on Thursday to what it said was an incursion by Iranian drones into its Nakhchivan exclave, with President Aliyev threatening retaliation

Iran war has driven surge in global demand for Russian energy, says Kremlin

The conflict, now in its seventh day, has left the Strait of Hormuz nearly shut, cutting countries around the world off from about a fifth of global oil and liquefied natural gas supplies

Epstein Files: Justice Dept releases interview of woman who accused Trump

The pages had been withheld from the trove of documents related to the convicted sex offender Jeffrey Epstein because of what officials called a mistaken determination that they were duplicates

After Iran and Venezuela, why is Cuba Trump's next foreign policy focus

The US is increasing economic pressure on Cuba amid an energy crisis and changing regional politics, raising questions about Washington's strategy after Venezuela and Iran

Iran's regime shut downs internet amid war, places civilians in crosshairs

Roughly one week into the conflict, it is estimated only around 1% of normal internet traffic remains accessible across the country