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US President Donald Trump is taking 60 days to assess the global and domestic economic impact of sanctions on Russia and tariffs on countries buying Russian oil. Secretary of State Marco Rubio said the waivers offer relief to India amid energy uncertainties
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US authorities have arrested Colombian businessman Alvaro Pulido Vargas over alleged money laundering and bribery schemes exceeding $2 billion linked to Venezuela’s Maduro government. Prosecutors accuse him of exploiting food, medicine and housing programmes, using international banking networks to conceal illicit proceeds
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US President Donald Trump said Washington could end its military campaign against Iran soon but requires guarantees that Tehran will never acquire nuclear weapons. He claimed US strikes had weakened Iran’s military capabilities and predicted a sharp fall in global oil prices
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Nine people, including two children, died in a shooting in Erie, Pennsylvania, with the suspected gunman found dead from an apparent self-inflicted wound. Separately, an 18-year-old Minnesota man faces firearm charges over an alleged Islamic State-inspired Mall of America attack plot
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Ukrainian President Volodymyr Zelensky has criticised Donald Trump’s reported diesel supply agreement with Russia, warning that the revenue could sustain Moscow’s war effort. His remarks came as Ukrainian officials held talks with US envoys on a possible ceasefire.
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Iran is reviewing US views on Tehran’s seven-day proposal to cease hostilities and reopen the Strait of Hormuz, Deputy Foreign Minister Kazem Gharibabadi said. The proposal was conveyed through mediators, while Tehran is also preparing for other possible scenarios amid continued tensions
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The US has listed 50 countries whose nationals may have to post visa bonds of $10,000, $15,000 or $20,000 for B1/B2 visas. India is excluded, while Bangladesh, Bhutan and Nepal are among the South Asian countries covered.
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Acrotech Biopharma, a subsidiary of Hyderabad-based Aurobindo Pharma, has launched ADQUEY ointment in the US for mild-to-moderate atopic dermatitis. The non-steroidal topical PDE4 inhibitor is indicated for adults and children aged two years and above.
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Hurricane Polo weakened to Category 3 but continued threatening northwestern Mexico with destructive winds, heavy rain and high waves. Mexican and US authorities urged residents to complete emergency preparations, secure property, identify shelters and follow evacuation orders as possible landfall approached
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Iran has proposed a seven-day roadmap to reopen the Strait of Hormuz and resume nuclear talks with the US, seeking sanctions relief, access to frozen assets and an end to the blockade. Washington rejected the proposal, citing demands for concessions upfront
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Two giant pandas, Ping Ping and Fu Shuang, left Chengdu for Atlanta under a 10-year China-US loan agreement. The deal was announced during Chinese President Xi Jinping’s US visit and described as a symbol of friendship between both countries
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A classified US intelligence assessment says Saudi Arabia has not ruled out developing nuclear weapons, raising congressional concerns over a Trump administration civilian nuclear deal. Lawmakers questioned uranium enrichment limits, inspections and safeguards, while Washington defended the agreement’s non-proliferation standards
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Saudi Foreign Minister Faisal bin Farhan urged restoring normal navigation through the Strait of Hormuz without fees or restrictions, stressing its importance to global energy security and trade. Iran meanwhile proposed reopening the strait within seven days if Washington meets conditions
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US Secretary of State Marco Rubio said Washington is open to exploring a limited Russia-Ukraine ceasefire covering energy and grain. He cautioned that both sides view energy infrastructure as military targets, making an agreement difficult while potentially creating space for wider talks
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Ukrainian President Volodymyr Zelensky said he and US President Donald Trump agreed to meet in New York to discuss peace efforts. Zelensky said Ukraine was ready for serious steps, with talks covering de-escalation, energy security, food security and human safety
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Qatar is working with the US and Iran to revive negotiations, seeking to bridge differences and secure a deal that reopens the Strait of Hormuz and ends the war. Iran’s military command meanwhile warned of painful strikes against US and regional targets
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A US federal judge has blocked a Trump administration rule that would impose fixed stay limits on foreign students, exchange visitors and foreign media representatives. The rule was scheduled to take effect Tuesday and would have replaced the existing duration-of-status system.
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The International Criminal Court faces growing pressure as Venezuela and Chad join three other countries in announcing withdrawals. The departures come amid US sanctions and calls to abandon the tribunal, while some governments accuse it of selective justice and neocolonialism
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Global crude oil prices rose nearly 2 per cent, with Brent crossing $100 a barrel, amid escalating Iran-US attacks on shipping near the Strait of Hormuz. Disrupted oil flows boosted bullish sentiment, while analysts warned of possible short-term correction after the rally
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Crude oil prices rose nearly 2 per cent for a fourth consecutive session as escalating attacks involving Iran, the US and Saudi Arabia intensified fears of Gulf supply disruptions. Brent approached $100 a barrel, while WTI climbed to nearly $95
