World News

NYC Mayor Zohran Mamdani faces warnings over city's fragile finances

For fiscal 2026, Levine, who was sworn in to office in January alongside Mamdani, estimates operating expenses to be $4.5 billion more than revenue

Active shooter reported at synagogue in Michigan, police respond

FBI director Kash Patel said on X that agency personnel are also on the scene responding to the apparent vehicle ramming and active shooter situation

China passes ethnic unity law to promote assimilation of minorities

The law, which was approved at the close of China's legislative meeting on Thursday, has wide-ranging provisions that touch on education, housing policy, entertainment and other areas

US trade deficit narrows to $54.5 billion in January as exports rise

Trade flows last year were subject to large monthly swings as US importers reacted to a slew of tariff announcements from President Donald Trump

Trump administration set to suspend Jones Act to curb oil prices

The US last issued a waiver for the Jones Act in October 2022 for a tanker heading to Puerto Rico to deliver supplies follow Hurricane Fiona

US eyes Hormuz tanker escorts by April as Trump downplays oil spike

Asked if escorts could be provided by the end of the month, Wright said: "I think that, yes, I think that is quite likely the case."

Oil unlikely to hit $200 a barrel despite war shock: US Energy Secy

Oil prices jumped more than 9 per cent to nearly $100 a barrel

US gains from high oil prices, but Iran nuclear threat top priority: Trump

Trump said the United States earns more revenue when oil prices increase, but said his focus remained on stopping Iran from developing nuclear weapons

Strait of Hormuz will stay closed, used as leverage, warns Mojtaba Khamenei

In his first comments as Supreme Leader, Khamenei said the critical Strait of Hormuz would remain closed as a means of leverage and that all US bases in the region should be closed immediately

Why are ships in the Strait of Hormuz identifying themselves as Chinese?

Iran and groups aligned with it have generally avoided targeting ships linked to China, as per analysts, citing Beijing's relatively neutral position in the conflict and its economic ties with Tehran

India in talks with Iran for safe passage of over 20 tankers via Hormuz

Negotiations are still ongoing and are being handled by the ministry of foreign affairs, said the people, who asked not to be named as the conversations are sensitive

Invading our islands will make Gulf run with blood: Iran Parliament speaker

It wasn't immediately clear what prompted Mohammad Bagher Qalibaf's comments, which again escalated the rhetoric surrounding the ongoing Iran war

As Iran's war expands, how Europe shaped today's West Asia conflicts

After the Ottoman Empire collapsed in World War I, European powers redrew West Asia's map through secret deals and mandates, creating borders and tensions that still shape the region today

Iran war: How IEA reserves, and Opec output shape the global oil market

As the IEA prepares its biggest-ever oil reserve release in the wake of the Iran war, here's a look at the countries that produce crude and the role of blocs such as Opec and Brics

'Remain silent or be targeted': IRGC enforces strict no-move zone in Hormuz

In a post on X, state broadcaster Press TV shared a documentary showing Persian Gulf vessels at risk of IRGC targeting for minor movements, highlighting tensions in the Strait of Hormuz

China orders immediate ban on fuel exports to prevent domestic shortage

The halt applies to cargoes that had yet to clear customs as of March 11 and goes beyond last week's move by Beijing urging refiners not to agree to new exports

Iraq shuts down oil ports after attack on marine vessels near its waters

Ships remain in the waiting area, and loading and unloading are ongoing at the North and South Um Qasr ports

US, Israel strikes on Iran raise alarm over damage to historic sites: UN

Human rights advocates are warning that the Iran war not only has killed more than 1,000 people but upended the institutions and historical places that communities rely on

Ships must seek nod to cross Hormuz, warns Iran's Revolutionary Guards

IRGC Navy chief Alireza Tangsiri said vessels crossing the Strait of Hormuz must obtain Iran's permission, criticising ships hit in recent attacks and dismissing US escort assurances

Trump visa changes squeeze rural schools relying on international teachers

More than 2,300 people with H-1B visas work as educators across 500 school districts, according to an analysis by the National Education Association teachers union