53 articles
The UAE's withdrawal from OPEC, effective May 2026, is driven by a deep strategic rift with Saudi Arabia, not by technical oil policy disputes. The move marks a significant geopolitical shift, as Abu Dhabi seeks to distance itself from Riyadh's control and align more closely with Washington amid escalating regional tensions.
Iran is increasingly using cryptocurrency to bypass US sanctions, with the IRGC dominating crypto activity. The US is responding by freezing digital assets and sanctioning crypto exchanges, escalating a financial cat-and-mouse game.
Germany arrested a Kazakh national in Berlin, identified as Sergej K, on suspicion of spying for Russia. Prosecutors say he provided details on German military aid to Ukraine and photos of NATO convoys and Berlin buildings.
As Iran faces economic pressure from a prolonged blockade of the Strait of Hormuz, attention turns to Russia as a potential alternative through the INSTC corridor. Analysts see short-term possibilities but doubt Russia's ability or willingness to replace Iran's maritime trade volume.
The US Supreme Court is set to hear oral arguments on Wednesday over whether the Trump administration can end Temporary Protected Status (TPS) for hundreds of thousands of immigrants from Haiti and Syria. Analysts warn that a ruling against the protections could lead to further cuts affecting nearly 1.3 million TPS holders.
A military court in Jakarta has opened the trial of four Indonesian soldiers accused of an acid attack on activist Andrie Yunus, who had opposed expanding the military's role in government. The defendants face up to 12 years in prison. The attack occurred on March 12, and the trial is scheduled to continue on May 6.
Ukraine's targeting of the Druzhba pipeline aims to cut Russian oil supplies to Hungary and Slovakia, which depend on it. This move is part of a geopolitical struggle where Kyiv seeks to block energy trade it sees as funding Russia's war, while EU members Hungary and Slovakia use their veto power over EU aid to Ukraine as leverage.
The US-Israel war on Iran is severely impacting the UK, causing economic downturn, rising inflation, and social unrest. Consumer confidence has hit a two-year low, and the public fears rising costs and energy insecurity. The conflict is straining household finances and fueling political tensions, with the government struggling to manage the crisis.
The US-Israel war with Iran enters its 60th day in deadlock, with oil prices soaring and inflation rising. Experts warn of long-term global economic disruption, even after a potential ceasefire, as negotiations remain stalled.
A U.S. federal appeals court unanimously struck down the Trump administration's policy of mandatory immigration detention, ruling it misinterpreted a 1996 law. The court warned the policy would overwhelm detention facilities, separate families, and disrupt communities. The ruling conflicts with two other appeals courts' decisions, increasing the likelihood of U.S. Supreme Court review.
