Oil prices pass $90 a barrel as key Gulf shipping route stays shut
Oil prices rose above $90 a barrel after the Strait of Hormuz, the main route ships use to carry oil out of the Gulf, stayed closed during the Iran conflict.
Geopolitics beyond the usual borders.
Oil prices rose above $90 a barrel after the Strait of Hormuz, the main route ships use to carry oil out of the Gulf, stayed closed during the Iran conflict.
A Senate bill for new sanctions on Russia over its war in Ukraine is losing momentum, as Republican leaders fill the pre-election calendar with other business and a top Democrat voices doubts about it.
Floods on the border between Nepal and China have killed more than 950 people, up from about 900 a day earlier, France24 reports.
Taiwan's defense ministry says China has stepped up 'unpredictable' military activity in the air and sea around Taiwan, but gave no numbers on flights, ships or incursions.
Deaths from flash floods on the Nepal-Tibet border have nearly doubled in a week, from over 500 to more than 900, and mass burials began Monday.
At least five leaders of the Pacific Islands Forum, a group of small Pacific Ocean nations, are skipping this year's summit.
President Trump said Iran's Kharg Island oil terminal, which handles about 90% of the country's crude oil exports, is being destroyed, but gave no evidence or details, according to Reuters.
US Treasury Secretary Scott Bessent said Washington will sanction another bank this week for handling Iran-linked payments, and expects to add new sanctions on Iran-tied banks weekly from now on.
US forces struck Iranian rocket launchers on an island inside the Strait of Hormuz, the narrow waterway that much of the world's oil shipments must pass through.
News outlets report Russia has increased drone incursions, sabotage and other hard-to-trace attacks across Europe.
Russia's Vladimir Putin and China's Xi Jinping are meeting in Kyrgyzstan for two days, along with the leaders of Iran and India.
Ukraine's Zaporizhzhia Nuclear Power Plant, the largest in Europe and held by Russian forces since 2022, has had no outside electricity for more than a week and is relying on emergency diesel generators, the UN's nuclear watchdog says.