World News

US revokes Iran oil sanctions waiver: What it means for global oil trade

The US cancelled a temporary waiver allowing Iranian oil sales after attacks in the Strait of Hormuz, raising concerns over global oil supplies

Pakistani cargo plane missing off Karachi coast after navigation problem

The Boeing 737 freighter reported a navigational system problem before losing contact with air traffic control, prompting a multi-agency search and rescue operation

US charges Lawrence Bishnoi, Goldy Brar over Nijjar killing in Canada

According to a federal indictment unsealed in Los Angeles on Tuesday, Bishnoi ordered the killing of 45-year-old Nijjar, mentioned as 'HSN' in court documents

Amazon's new bonds sale draws muted demand as AI debt floods market

Order book settled at about 1.6 times the deal size, below this year's average for US investment-grade bonds, as AI-related debt issuance continues to surge

Kuwait, Bahrain report incoming missiles after US strikes on Iran

Kuwait's announcement via its military came after Bahrain also said it faced incoming missiles Wednesday morning

Lawsuit accuses Trump admin of giving secret data to Iran on asylum seekers

The lawsuit claims that an Iranian official requested a list of its citizens subject to deportation, and the administration of President Donald Trump provided about 150 names

Trump reiterates push for US control of Greenland ahead of Nato summit

Trump argued that Denmark has not invested enough in Greenland and said the island's strategic importance is growing as China and Russia expand their presence in the Arctic

Italian PM says ties with Trump remain cordial despite recent tensions

Speaking to Italian reporters on the sidelines of the NATO summit in Turkey, Meloni made the remarks after a recent public spat with Trump

Iran military command vows 'crushing response' after fresh US strikes

The US military ‌unleashed a new wave of ​strikes against Iran on Tuesday and revoked a license ​allowing the country to sell oil after three tankers ‌were hit by projectiles in ‌the Strait of Hormuz

Indian Navy secures safe passage for crude tanker carrying 15 Indian crew

The development comes amid heightened security concerns in and around key international shipping routes following recent attacks on commercial vessels in the Strait of Hormuz

Clear violation of MoU: Iran condemns US revocation of oil sanctions waiver

The ministry said the decision, announced less than 20 days after the signing of the agreement, reflected what it described as Washington's 'malicious intentions, instability, and unreliability'

US strikes Iran after revoking oil sanctions relief over Hormuz attacks

Iranian media reported explosions early Wednesday local time in the southern port city of Sirik, on Qeshm Island, and in Bandar Abbas. No civilian deaths were reported, but several people were injured

India to arm Indonesia with Astra, BrahMos missiles in $600 mn deal

India and Indonesia announced 20 outcomes, including a $600-million missile deal, expanded maritime cooperation and agreements spanning trade, critical minerals and digital infrastructure

Trump says he will lift Turkey sanctions, decide on selling F-35s

Trump said the US would lift sanctions on Turkey and consider an F-35 fighter jet sale, signalling a shift in defence ties with Ankara

As Messi dominates World Cup, global war rages for Maradona's ghost

Unlike Messi Maradona lived a life of excess - glorious highs shadowed by criticism and controversy

Nato showcases big arms deals in Ankara before summit with Donald Trump

At a defence industry forum in Ankara, Nato Secretary General Mark Rutte announced a series of initiatives, with the cumulative value of the deals displayed on a large screen

Samsung posts 19-fold jump in profit, but AI demand concerns hit shares

Samsung shares nevertheless dropped as ​much as 7.9% in morning trade, while rival SK Hynix's shares ​fell as much as 7.3%, dragging the benchmark KOSPI down 6%

Britain's Farage quits parliament in protest, will stand for re-election

Nigel Farage quits as a UK lawmaker to trigger a by-election, saying he will seek a fresh mandate and continue Reform UK's political campaign

Trump says he thinks war in Ukraine will be settled, 'hopefully soon'

Trump said talks with Putin and Zelenskiy showed both sides want a deal, raising hopes for a possible settlement in the Russia-Ukraine war

Donald Trump says Greenland should be controlled by the US, not Denmark

Trump renewed calls for US control of Greenland, reviving tensions with Denmark and raising fresh questions over Arctic security and NATO relations