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AI summaryTreasury Secretary Scott Bessent announced the US will not renew waivers allowing the purchase of Russian and Iranian oil currently at sea, citing the blockade on Iran and expectations of reduced production. The decision could impact global energy markets and vulnerable countries.
AI summaryIranian Foreign Minister Abbas Araghchi is traveling to Islamabad, Muscat, and Moscow for consultations, as Pakistan intensifies efforts to mediate a second round of US-Iran ceasefire talks. No direct US-Iran negotiations are planned during the visit, with Pakistani officials set to convey messages between delegations.
AI summaryIran's foreign minister has ruled out direct negotiations with the US as American envoys did not travel to Pakistan as expected. The ceasefire in the Iran war remains in place but a lasting peace deal stays elusive, with diplomatic efforts ongoing through Omani mediation.
AI summaryThe US Treasury has sanctioned Hengli Petrochemical's Dalian refinery and dozens of ships tied to Iran's 'shadow fleet' as part of 'Operation Economic Fury.' Treasury Secretary Scott Bessent pressed China to increase diplomatic pressure on Iran, while the administration also asked banks to monitor for Iranian money-laundering networks.
AI summaryIranian Foreign Minister Abbas Araghchi has arrived in Islamabad for meetings with Pakistani officials amid efforts linked to a possible second round of US-Iran talks. Tehran has said his program does not include direct meetings with American representatives, while Pakistani mediators have received Iran’s position on outstanding issues.
AI summaryPakistan's government has increased petrol and high-speed diesel prices by Rs26.77 per litre, citing global market trends and commitments to the IMF. The move has drawn public criticism and a legal challenge, while the government points to the need for fiscal targets and the impact of the Middle East crisis.
AI summaryThe White House announced that President Donald Trump's envoys Steve Witkoff and Jared Kushner will travel to Pakistan for talks with Iran, while Iranian Foreign Minister Abbas Araghchi has arrived in Islamabad. The visit comes amid deadlocked negotiations and a de facto blockade of the Strait of Hormuz, with US Vice President JD Vance on standby to join if needed.
AI summaryInternational flights are set to resume at Tehran’s Imam Khomeini Airport on April 25, marking a significant step in restoring air travel after weeks of disruption caused by the US-Israeli war with Iran. The resumption follows a fragile ceasefire, with initial routes to Istanbul and Muscat, while other Iranian airports gradually reopen.
AI summaryAs Iran's war with the US and Israel enters its third month, the question of who holds real power has become increasingly contested. With Supreme Leader Mojtaba Khamenei unseen in public, reports point to the Islamic Revolutionary Guard Corps (IRGC) consolidating control, while sources describe a fractured leadership and mounting domestic repression.
AI summaryIranian Foreign Minister Abbas Araghchi returned to Islamabad on Sunday after a brief stop in Oman, as Pakistan's leadership worked to keep US-Iran ceasefire talks alive. The visit follows a round of negotiations in Islamabad, the cancellation of a planned US envoy trip, and continued friction over the Strait of Hormuz and nuclear issues.
AI summaryChad and Algeria have signed 34 agreements covering energy, security, and economic sectors during President Déby's visit to Algiers. The deals include a 20,000 barrel/day refinery and counter-terrorism cooperation, framed by analysts as part of Algeria's push to counter Moroccan influence in the Sahel region.
AI summaryThe UK has restated its position that sovereignty over the Falkland Islands rests with Britain, following reports of a leaked Pentagon email suggesting the US could review its support for the UK's claim. Argentina has called for renewed negotiations, while the US State Department has reiterated its neutrality in the long-standing dispute.
AI summaryUS President Donald Trump extended the ceasefire with Iran without setting an end date, maintaining a naval blockade and moving a third aircraft carrier into position, signaling a shift from military strikes to economic pressure. Iran has refused to recognize the unilateral extension, stating it will act according to its own interests. Analysts debate whether this strategy will achieve durable political outcomes.
AI summarySouth Korean stocks ended flat on April 24 as defense and shipbuilding gains offset tech losses, while Middle East tensions and U.S.-Iran talks kept investors cautious. The KOSPI edged down 0.18 point to 6,475.63, with foreigners selling a net 1.95 trillion won.
AI summaryWoodside's CFO told a Greens-led Senate inquiry that a proposed 25% tax on gas exports would be economically unsustainable, while Chevron's Gorgon project received environmental approval for expansion. The inquiry is probing Australia's gas export tax settings amid growing pressure on Labor to impose the tax.
AI summaryUS President Donald Trump said Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun may arrive in Washington within three weeks for peace talks, as a ceasefire extension was announced. However, Lebanese officials say they have not been informed of any planned contact, and Israeli officials warn of continued Hezbollah attacks eroding chances for a deal.
AI summaryDeepSeek released preview versions of its V4-Pro and V4-Flash models, claiming the Pro beats all rival open models in math and coding. Huawei's Ascend chips have been adapted to run the new model, with performance and cost benefits reported, while Nvidia's CEO warns of dire consequences for the US if China optimizes its AI on domestic hardware.
AI summaryIndonesia's foreign minister has ruled out imposing tolls on ships passing through the Strait of Malacca, following a suggestion by the finance minister that sparked regional concern. The strait is a vital global shipping lane, and neighboring states and analysts have stressed the importance of keeping it free for navigation.
AI summaryA US Army Special Forces master sergeant involved in the operation that captured Venezuelan President Nicolás Maduro has been charged with using classified information to win more than $400,000 on the Polymarket prediction platform. The case marks the first time the Justice Department has brought insider trading charges involving a prediction market, raising broader concerns about transparency and national security.
AI summaryUS President Donald Trump announced a three-week extension of the Israel-Lebanon ceasefire following a White House meeting with ambassadors from both countries. The extension comes amid ongoing negotiations aimed at a permanent peace agreement, with Hezbollah's disarmament and the restoration of Lebanese state authority emerging as central issues.