DUBAI/WASHINGTON, May 5 (Reuters) – The fragile truce in the Middle East was in jeopardy on Tuesday after the U.S. and Iran launched new attacks as they wrestled for control of the Strait of Hormuz. The U.S. military said on Monday it destroyed six Iranian small boats, as well as cruise missiles and drones, after…
May 4 (Reuters) – The International Atomic Energy Agency said on Monday meteorological monitoring equipment at the Russian-held Zaporizhzhia nuclear power plant in southeastern Ukraine had been damaged by a drone. The Zaporizhzhia plant, Europe’s largest with six reactors, was seized by Russian forces in the early weeks of Moscow’s February 2022 invasion of Ukraine….
US President Donald Trump on Monday called out Iran for attacking ships of what he called ‘unrelated nations’ in the Strait of Hormuz, including a South Korean cargo ship, as part of what he described as escalating tensions around “Project Freedom.” In his post, Trump also claimed that US forces had intercepted and shot down…
By Patricia Zengerle and Bo Erickson WASHINGTON, May 1 (Reuters) – U.S. President Donald Trump’s administration argued that a ceasefire with Tehran had “terminated” hostilities as a legal deadline arrived on Friday for coming to Congress about the two-month Iran war. Under the 1973 War Powers Resolution, the president can wage military action for only…
AT LAST IT has jumped. For years the United Arab Emirates (UAE) chafed at restrictions that came with membership of the Organisation of the Petroleum Exporting Countries (OPEC). It had even threatened to quit; and on April 27th, in the middle of a war, it stormed out. The headquarters of the Organization of the Petroleum…
For almost five decades, Iran’s Islamic government has survived financial pressure from the U.S. by selling oil to China. It confronted American military might with guerrilla tactics. But with the U.S. Navy’s blockade, that strategy might have met its match, analysts said. French Commandant Thomas Scalabre points towards the positions of ships on the Strait…
After winning legislative backing for the Hong Kong Jockey Club to offer basketball betting – an initiative aimed at drawing punters away from illegal online bookmakers and capturing additional tax revenue – the government has now paused the roll-out. Officials say the rise of prediction markets has altered the landscape and warrants closer examination. So,…
As the world’s largest crude oil importer, China has long relied on a double-insurance system to safeguard domestic oil supply. The strategy combines two pillars: diversifying where its crude comes from, while simultaneously building vast strategic and commercial stockpiles. Experts say that approach appears to have helped China absorb at least the initial shock after…
WASHINGTON, April 30 (Reuters) – U.S. President Donald Trump faces a deadline on Friday to end the Iran war or make the case to Congress for extending it, but the date is most likely to pass without altering the course of a conflict that has lapsed into a standoff over shipping routes. Ending the war…
By Humeyra Pamuk and Tala Ramadan WASHINGTON/DUBAI/ISLAMABAD, April 29 (Reuters) – Iran said on Thursday that if Washington renewed attacks it would respond with “long and painful strikes” on U.S. positions, complicating U.S. plans for an international coalition to open the Strait of Hormuz. Two months into the war that started with U.S.-Israeli strikes on…