World News

Saudi Arabia has few options amid mounting threats from Iran, its allies

The escalation is putting pressure on Saudi Arabia as Iran disrupts Hormuz, Iraqi militia attacks hit a key oil route and Washington faces growing pressure over its response to the conflict

Trump reiterates pre-poll promise of $5,000 'dividend' for every US adult

The US president said the proposed payment would be funded by economic gains and revenue, while pointing to past initiatives he said critics had wrongly predicted would fail

Trump open to Chinese EV firms building cars in US with American workers

The US president said Chinese automakers could set up plants in the country and employ American workers, while ruling out imports of China-made vehicles and production in Mexico for US sales

Russia faces over 30,000 sanctions: Putin condemns 'ugly' trade tactics

Speaking at the Brics Business Forum in New Delhi, the Russian president criticised economic coercion, trade restrictions and the threat of secondary sanctions

Saudi suspends key oil pipeline, only route bypassing Hormuz after attacks

The 1,200-km pipeline, which carries up to 5 million barrels per day, helps Riyadh bypass the Strait of Hormuz, where tanker traffic has slowed sharply amid the US-Iran war

Iran will not surrender to US, Israel 'bullying': Prez Pezeshkian in India

Iranian President Masoud Pezeshkian said Tehran would defend its national interests and push back against foreign forces, while calling for peaceful coexistence in the Gulf region

Putin says Brics not against anyone, vows to scale up ties with India

Putin said Russia was ready to work with partners on infrastructure and logistics projects, including the Arctic Transport Corridor and North-South Transport Corridor, as well as cooperation in tech

US consumer inflation rises in August, bolstering Fed rate hike bets

"It wasn't as hot as yesterday's PPI, ‌but today's CPI left the Fed with less room to maneuver as it tries to maintain ​its inflation-fighting credentials," said Morgan Stanley Wealth Management exec

Yemen's Houthis reach strategic island at mouth of vital shipping lane

Iran confirmed that its representatives and those of Iraq and the Gulf Arab states would meet in Oman on Monday to resume discussions on safe commercial shipping routes in the Strait of Hormuz

Russia's Rosatom offers nuclear power plants to India for 100 GW target

Russian state-owned Rosatom has offered nuclear power solutions ranging from large-capacity units to small modular reactors as India targets 100 GW of capacity by 2047

Global bond selloff pushes US 10-yr yield nears 5% on oil, rate fears

Global Bond Selloff Nears Historic Thresholds as Surging Oil and Rate Hike Expectations Push Yields to Multi-Year Highs

US average diesel price crosses $6 per gallon for first time: GasBuddy

U.S. diesel prices have surged nearly 60% since the U.S. and Israel attacked Iran in late February

Nepal PM Balen Shah to highlight climate change, flood losses at UNGA

"Prime Minister Shah is scheduled to address the General Debate on September 24, 2026," said Nepal Foreign Secretary Amrit Bahadur Rai during a press briefing at the Ministry of Foreign Affairs.

Iran, other W. Asia states plan talks on temporary Strait of Hormuz deal

Gulf foreign ministers are set to meet Iran in Oman as regional powers seek a temporary arrangement to manage shipping through the strategically vital Strait of Hormuz

Algeria severs diplomatic ties with UAE, citing 'hostile' actions

The move came "in light of increasing provocative and hostile actions emanating" from the Persian Gulf state, Algeria's Foreign Ministry said in a statement on Thursday, without elaborating.

Saudi Arabia airstrikes hit Houthi rebels-held Mokha airport in Yemen

Their advance further threatens commercial shipping on an important alternative to the Strait of Hormuz

Bernard Arnault falls out of top 10 richest as tech billionaires dominate

Arnault's net worth fell to $143 billion, according to the Bloomberg Billionaires Index, pulling the LVMH founder below Warren Buffett, the 96-year-old philanthropist and chairman of Berkshire Hathawa

Iran seeks end to Saudi blockade of Yemen after Houthi rebels take key port

Iran's foreign ministry said Yemen's sovereignty must be respected and its problems cannot be resolved through a blockade or military alliances

Nepal's flash floods death toll rises to 1,385, over 5,000 remain missing

Nepal's flash flood death toll has risen to 1,385, with 5,130 people still missing and more than 13,600 rescued as search operations continue

India-born scientist named dean of University of Texas nursing school

Radhakrishnan, who holds the Laura Lee Blanton Chair in Nursing, took charge as dean on September 1 after serving as interim dean since March 6