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September 7, 2026 10:34 AM

Israel’s Netanyahu orders removal of West Bank settler outposts

Israeli Prime Minister Benjamin Netanyahu has ordered unauthorized settler outposts in the West Bank to be dismantled, two people familiar with the matter said on Sunday, amid pressure from the U.S. to crack down on settler attacks on Palestinians. The order applies to outposts established by settlers without official authorisation from the Israeli state, the sources said. Outposts typically consist of prefabricated caravans and house a small number of settlers. The state has from time to time ...

September 7, 2026 9:51 AM

Hormuz traffic dips to lowest since May after US, Iranian strikes on ships

An average of 10 commodity ships transited the Strait of Hormuz per day over the past 10 days, the lowest since May, according to shipping data on Monday, after U.S. and Iranian strikes on tankers. The 10-day moving average was 10 on Sunday, down from more than 15 on Friday and nearly 13 on Saturday, data from analytics firm Kpler found. Only two vessels passed through the strait on Saturday while six went through on Sunday, mostly using the Iranian route. U.S. forces struck three Iranian oil...

August 24, 2026 9:35 AM

US vows ‘economic D-Day’ as Iran threatens to halt all oil exports

The U.S. threatened Iran with what it called "the greatest financial offensive ever marshalled" as it prepared to roll out economic sanctions on Monday that target Iran's trade partners. Iran in turn vowed to shut down all oil exports from the Gulf "if the economic war continues." U.S. Treasury Secretary Scott Bessent will hold a press conference at 1 p.m. EDT (1700 GMT) on Monday amid promises to reveal even more severe measures on a country that has endured near-continuous economic sanctio...

August 21, 2026 8:55 AM

US says it will impose ‘toughest sanctions in history’ on Iran

U.S. Treasury chief Scott Bessent said the United States will impose "the toughest sanctions in history" on Iran, a move he suggested would lessen the need for new major military operations. Bessent's comments on Thursday followed President Donald Trump's threat a day earlier of "Economic Warfare" and warning of economic consequences against any country that provided "any type of lifeline to Iran." Bessent promised details next week. Oil prices rose to more than a three-week high on Th...

July 29, 2026 12:42 PM

US, Saudis attack Iran-backed groups in Iraq, threatening to intensify conflict

The U.S. and Saudi Arabia launched strikes on Iran-backed groups in Iraq on Wednesday, saying they were responsible for drone attacks on Saudi oil facilities, prompting Iran to warn that blaming it for such attacks was a "major miscalculation". The strikes on targets inside Iraq come as Oman proposed a new regional deal aimed at resolving the conflict over the critical Strait of Hormuz, through which about a fifth of global oil and liquefied natural gas flowed before the war. The U.S. and Saud...

May 8, 2026 11:41 AM

19 members of the WTO, including US, agree among themselves not to impose duties on e-commerce

The U.S. and more than a dozen other countries including Japan, South Korea, Singapore and Australia on Thursday launched their own pact to not impose duties on e-commerce after no agreement was reached to end deadlock with Brazil, a document showed. Brazil upheld its opposition to a four-year extension of a global deal at World Trade Organization talks in Geneva which concluded on Thursday. However, Turkey, which had previously been against it, dropped its opposition, a WTO spokesperson said. ...

April 15, 2026 9:56 PM

Finance ministers, stung by hit to economies, call for full Iran war ceasefire

Finance ministers from almost a dozen countries led by Britain called on the U.S., Israel and Iran to implement their ceasefire in full on Wednesday and said the conflict would weigh on the global economy and markets even if it was resolved soon. A joint statement, signed by the finance ministers from Australia, Japan, Sweden, the Netherlands, Finland, Spain, Norway, Ireland, Poland and New Zealand as well as Britain, was agreed a day after the International Monetary Fund cut its global economi...

March 10, 2026 9:52 AM

Iran says oil blockade will continue until attacks end, Trump threatens to hit harder

Iran's Revolutionary Guards said on Tuesday they would not allow "one litre of oil" to be shipped from the Middle East if U.S. and Israeli attacks continue, prompting a warning from President Donald Trump that the U.S. would hit Iran much harder if it blocked exports from the vital energy-producing region. Trump's comments came after global financial markets seesawed on Monday on concerns that Iran's security establishment was rallying behind new Supreme Leader Mojtaba Khamenei and was not prep...

March 3, 2026 3:12 PM

Netanyahu says US-Israeli war on Iran ‘not going to take years’

Israeli Prime Minister Benjamin Netanyahu said the war against Iran was "not going to take years", as the conflict widened with Israel again attacking the Iranian-backed Hezbollah militia in Lebanon and Iran striking Gulf states that host U.S. bases. U.S. President Donald Trump, who launched strikes on Iran together with Israel on Saturday, initially projected the war to last four to five weeks, but has since sought to justify a broad, open-ended war. In the meantime, Iran has launched missile...

February 26, 2026 4:16 PM

US, Ukraine discuss post-war reconstruction as Russia pummels grid

Ukrainian and U.S. officials gathered in Geneva for talks on post-war reconstruction on Thursday despite a deadlock in peace negotiations with Russia, which pounded infrastructure across Ukraine with drone and missile strikes overnight. Ukrainian President Volodymyr Zelenskiy said Russia had launched 420 drones and 39 missiles in another night of attacks on energy and other critical infrastructure. Dozens of people were injured and damage was reported across eight regions, he said. The talks i...